Hong Kong stocks erased losses to chart a second day of gains on ... Analysts at BCA Research upgraded their rating on Chinese equities listed on offshore exchanges. The Hang Seng Index gained 0.7 per ...
HSBC HOLDINGS Buys back 6.63M+ Shrs for HKD418M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.6348 million shares of the company on the UK and Hong Kong markets yesterday (7th), involving a total of HKD418 million. Among which ...
Hong Kong-based Virtual Bank Mox Introduces Crypto ETF Trading
We maintain editorial independence and consider content quality and factual accuracy to be non-negotiable. Mox Bank, a Hong Kong-based virtual bank, has launched crypto ETF trading for customers.
Black Sesame, Hong Kong’s second Chapter 18C stock listing, slumps 29% in market debut
For companies with at least HK$250 million in sales in the financial year before their IPO, the minimum valuation is HK$6 billion. “We are pleased to welcome another Chapter 18C listing today,” Bonnie ...
HSBC’s PayMe goes global with access to 34 million merchants in 46 markets on UnionPay
HSBC’s digital payment platform will allow its 3.2 million users in Hong Kong to pay for purchases worldwide from August 8 through a partnership with Chinese merchant UnionPay.
{I-bank focus}HSBC lowers Wharf REIC (01997) to HKD29.4
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HANG SENG BANK (00011.HK) Tumbles ~3% in PM, Dipping Below $100; Interim NP Slightly Rises 0.7%
HANG SENG BANK (00011.HK) logged a net profit of $9.893 billion in 1H24, rising 0.7% and higher than market expectations. The lender declared a second interim dividend of $1.2, in ... HANG SENG BANK ...
Hong Kong virtual bank Mox Bank launches crypto ETF trading
Hong Kong virtual bank Mox announces trading services for crypto ETFs with plans to offer direct crypto trading on the platform.
Hong Kong beefs up status as financial hub
"While Hong Kong, as the world's largest offshore yuan financing center, can promote the national currency in going global and keep the exchange rate of the onshore renminbi stable, it can also ...
Hong Kong’s licensing scheme for stablecoin issuers: what it means
FA spoke with industry players who explained how the city will roll the scheme out, and what still needs to happen.
HSBC hires former Blair adviser amid brewing China tensions
HSBC has hired a former senior adviser to Sir Tony Blair to help navigate the West’s growing diplomatic rift with China. David Quarrey, who has held a variety of UK government roles, is set to become ...
Hong Kong Digital Banks: HKMA Reports on Development of “Virtual Banks”
The Hong Kong Monetary Authority (HKMA) has issued an update on the development of digital banking or "virtual banks" (VB) in Hong Kong. The HKMA states that ...
Hong Kong IPO: China’s Black Sesame raises US$133 million in tough market conditions
The Wuhan-based chip designer focused on autonomous driving systems priced its shares at the bottom end of the HK$28 to HK$30.3 range, sources said.
Hong Kong to end deposit-taking companies as part of reform to simplify banking structure
The HKMA is cutting the city’s existing three-tier banking system into two as part of its biggest reform in four decades.