US Treasury Secretary said Beijing has to take the first step in de-escalating the tariff fight with Washington.
Will America’s Volatility Revive Hong Kong’s IPO Market?
Hong Kong’s economic vitality has long been underpinned by the buoyancy of its capital markets. The city’s bourse was the world's top IPO venue seven times between 2009 and 2019, but it has failed to ...
Seminar on RMB internationalization held in Laos
VIENTIANE, April 28 (Xinhua) -- The Bank of China (Hong Kong) Vientiane Branch hosted a seminar on the internationalization of the Chinese currency renminbi (RMB), focusing on new opportunities and ...
Goldman Sachs raises 2025 southbound fund flow forecast, citing growing attractiveness of HK stocks
Goldman Sachs has significantly raised its 2025 forecast for southbound fund flows, raising the estimate from $75 billion to $110 billion, citing the growing attractiveness of Hong Kong stocks.
HSBC Expected to Post Lower Net Profit — Earnings Preview
NET PROFIT: HSBC is expected to report a 43% drop in net profit to $5.81 billion for the three months ended March from a high base a year earlier, according to a poll of analysts by Visible Alpha.
Goldman says China funds to buy US$110 billion of Hong Kong-listed stocks
Southbound inflows have reached US$78 billion this year, surpassing annual net purchases for most years, except in 2020 and 2024: Goldman.
Hong Kong’s Airstar Bank migrates operations to Tencent Cloud
Hong Kong-based Airstar Bank has fully migrated its operations to the cloud. Tencent Cloud revealed today, April 25, that Airstar Bank has fully moved to its cloud platform, successfully running ...
HKMA to help banks assess firms for trade financing by using cargo data
The initiative, called CargoX, would expand data sets and applications in the de facto central bank’s electronic platform – the Commercial Data Interchange (CDI) – in an effort to make trade financing ...
Hong Kong know-how can help mainland Chinese tech firms expand overseas, experts say
I&T sector lawmaker Duncan Chiu said the advantages for these mainland companies to come to Hong Kong lay in the city’s mature infrastructure such as data flow, intellectual property, logistics and ...
Destination Hong Kong: Middle East countries diversifying their investments
Hong Kong strengthens economic ties with UAE & Saudi Arabia, fostering investment flows and strategic partnerships. It is also boosting cooperation with the Middle East to drive investment.
Two new IPO listings in HK aim to raise US$270m
Two stock listings, launching in Hong Kong on Monday, are seeking to raise up to US$270 million. Hainan Drinda New Energy Technology is aiming to ...
Two Hong Kong listings to raise up to $270 million launch on Monday
China's Hainan Drinda New Energy Technology is aiming to raise up to $234 million in a Hong Kong listing, according to regulatory filings on Monday.
HSBC HOLDINGS Repurchases ~430K Shrs Last Fri in Total for $37.11M+
HSBC HOLDINGS (00005.HK) announced that it had on last Friday (25th) repurchased 432,800 shares of the company on the Hong Kong Stock Exchange at prices ranging from HKD85.05 to HKD86.1, with a ...
Hong Kong urged to act fast for Zhejiang tech firms amid US-China trade war
Hong Kong must act "fast and be agile" in providing tailored financial and professional service solutions to Zhejiang-based technology companies as ongoing US-China tensions continue to disrupt their ...