Asia’s largest insurer posted its best first-half profit in five years at US$3.31 billion and beat analysts’ estimates of US$3.27 billion.
7 executives of Hong Kong-listed company arrested over alleged HK$120 million fraud
Seven senior executives of a Hong Kong-listed company have been arrested in a joint operation by the city’s anti-corruption agency, securities regulator and Macau police for their alleged involvement ...
VP Bank closes Hong Kong branch and reduces staff
VP Bank has revealed that it will be concentrating on Singapore and discontinuing operations in Hong Kong. The Asia-Pacific area is still significant to the group, according to the bank's half year ...
How to Use ChatGPT in Hong Kong in 2024
Trying to use ChatGPT in Hong Kong? Learn how to bypass restrictions in Hong Kong with the best VPNs to access ChatGPT easily ...
{Block Trade}CM BANK (03968): 1.22m shares, or HK$40.85m
ET Net News Agency, 21 August 2024] A direct manual trade of 1.22 million shares of CM BANK (03968) was registered at 3:40p.m. The deal amounted to HK$40.85m, or at HK$33.425 per ...
Hong Kong Urban Renewal Authority’s US$1.54 billion bond issue gets strong response
as well as Sai Ying Pun and To Kwa Wan, during this financial year and the next. Underwriters of the bond issuance include Bank of China (Hong Kong), Crédit Agricole, HSBC, Standard Chartered and UBS.
Financial industry in Hong Kong – statistics & facts
The financial industry is an integral part of Hong Kong. Not only is the city one of the world’s leading financial centers, the financial sector is also the territory’s second largest industry.
Evolve or perish: death knell for Hong Kong’s deposit-taking companies as reform deepens
Hong Kong’s deposit-taking companies, once a thriving corner in Hong Kong’s banking system, are facing an ultimatum: evolve by recapitalising within five years, or perish.
Banking Sector Suggests Govt to Actively Enhance Offshore RMB Centre Status of HK
According to local media, some representatives of the banking sector suggested that the Government should actively enhance Hong Kong's offshore RMB centre status, including considering allowing ...
HSBC HOLDINGS Buys back ~6.46M Shrs for HKD430M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.4576 million shares of the company n the UK and Hong Kong markets yesterday (20th), involving a total of HKD430 million. Among which ...
Funding for esports could result in big win for Hong Kong economy, industry players say
Focus turns to esports after Cheng Yip-kai, 16, becomes first Hongkonger to win Pokemon World Championships Hong Kong should inject more funding into the esports industry to boost the city's economy ...
China Market Update: XPeng, Vipshop, And Kuaishou Report Financial Results
Asian equities had a strong day except for Hong Kong and Mainland China, which experienced light volumes and profit-taking following recent outperformance.
HSBC HOLDINGS (00005.HK) Considering Selling South African Biz: Rumor
Bloomberg quoted informed sources as saying that HSBC HOLDINGS (00005.HK) is considering selling its South African business in order to focus on the Asian market. HSBC HOLDINGS, however, declined to ...
Hong Kong Lawmaker Pushes for DAO Regulation amid Legal Precedent
Hong Kong Legislative Council member Johnny Ng has recently called for the government to explore regulations governing DAO sector.