Asian equities rose despite rising Middle East tensions. Powell’s Friday press conference, confirming a September rate cut, sent the US dollar lower. Hong Kong outperformed as the Hang Seng Index ...
Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin products ...
Mixed Performance for Mainland China and Hong Kong Stocks
Mainland China stocks ended mostly flat, while Hong Kong tracked gains following dovish comments from Federal Reserve Chair Jerome Powell. Powell hinted at potential interest rate cuts, while China's ...
HSBC: This is the ‘most striking data point’ that highlights China’s growth challenges
Cheuk Wan Fan, HSBC's Chief Investment Officer for Asia, discuss the headwinds facing China's economy and explains her neutral positioning in China and Hong Kong markets.
HKMA links data platform with Companies Registry to help SMEs open bank accounts
The HKMA has expanded its Commercial Data Interchange electronic platform designed to help SMEs by linking up with the Companies Registry to share more data with banks.
Chinese EV maker Hozon launches latest model to boost sales ahead of Hong Kong IPO
The Shanghai-based company, which is planning a Hong Kong initial public offering (IPO), announced on Sunday evening that the new car, the Neta S, would start at 159,900 yuan (US$22,447), with ...
Liu Jin resigns as Bank of China’s president for undisclosed ‘personal reason’
Bank of China’s shares retraced 0.9 per cent to 7 yuan in Shanghai, rising 0.3 per cent to HK$3.58 at the noon trading pause in Hong Kong.
BOC HONG KONG Vice Chairman Liu Jin Resigns
BOC HONG KONG (02388.HK) announced that due to personal reasons, Liu Jin tendered his resignation as the Vice Chairman, Non-executive Director, member of each of the Nomination and Remuneration ...
HSBC HOLDINGS Buys back ~4.63M Shrs for HKD311M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6264 million shares of the company on the UK and Hong Kong markets last Friday (23rd), involving a total of HKD311 million. Among ...
Fitch Warns of Downgrade Risk for Individual HK Banks if CRE Lending Quality Keeps Deteriorating
The rating agency said that while banks in Hong Kong as a whole currently have high credit ratings, there is a risk that individual bank ratings will fall when the quality of commercial real estate ...
Hong Kong Exchanges & Clearing Ltd.
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock ...
Hong Kong’s export performance will help sustain growth momentum, Paul Chan says
Financial secretary also says export performance has continued to improve in key markets such as Vietnam, Thailand and US Hong Kong's finance chief has said the city's export performance will sustain ...
Hong Kong’s status as fundraising hub undeniable despite slump: LianLian DigiTech CEO
LianLian DigiTech, a Chinese digital payment services provider, is open to fundraising and merger and acquisition opportunities via Hong Kong, as it sees the city as an international financial hub ...
Quality should come before quantity for Hong Kong’s IPOs
An influx of listings with weak financial underpinnings would drive away the investors who sought refuge in the city’s stable markets.