YANGON, Dec. 6 (Xinhua) -- The Bank of China (Hong Kong) Yangon Branch awarded stipends and scholarships to 100 Myanmar students from the University of Yangon for the first semester of the 2024-25 ...
1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC survey
One in six Hongkongers is considering purchasing a home in the next five years and a third of those prospective buyers are entering the market for the first time, a survey by HSBC found.
Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
Jefferies analysts Sam Wong, Joseph Dickerson and Chen Shujin assume $2 billion additional buybacks for each of Singapore’s three banks in FY2025. They remain bullish on the sector's long-term ...
Hong Kong’s IPO Activity Emerges From Drought
The Asian financial hub has seen a pickup in fundraising this year even amid a slump in initial public offerings globally, but there’s some skepticism over whether that can be sustained.
Hong Kong, Saudi Arabia strengthen financial ties, roles as Asia and Middle East gateways
Saudi central bank governor Al-Sayari and his delegation were in Hong Kong this week to attend the Financial Stability Board’s Plenary meeting.
HSBC confirms Asia, Middle East leadership under new structure
Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.
Unpacking John Lee’s firing of two ministers: Hong Kong needs a win
New faces part of gambit to minimise any damage to his government’s standing and even secure decisive short-term wins on the tourism and aviation fronts, analysts say ...
Can Hong Kong reclaim its role as Asia’s gateway to the Americas?
As China expands trade and investment in Latin America, a proactive Hong Kong should seize the opportunity to connect all parties involved An oft-quoted aphorism goes, "History does not repeat itself, ...
New HSBC boss continues leadership reshuffle with more executives to depart
HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the ...
Hong Kong’s New Residency Scheme Seeks To Attract Global Talent And HNWIs
As global investors seek stability amid uncertainty, Hong Kong's New Capital Investment Entrant Scheme offers high net worth individuals unparalleled investment opportunities through a streamlined ...
Chinese cosmetics firm Mao Geping set to price shares at top of range in Hong Kong IPO, source says
By Scott Murdoch SYDNEY (Reuters) -Chinese cosmetics firm Mao Geping is set to price its shares at top of the price range to raise $270 million in a Hong Kong initial public offering, according to a ...
Hong Kong Shares May Bounce Higher On Thursday
The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had collected almost 380 points or 2 percent.
How Citigroup’s Firing of Asia Equity Sales Traders Is Haunting the Bank Years Later
Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...
Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.