At the 2024 Insurance Summit held on Nov. 7, Financial Secretary Paul Chan highlighted Hong Kong’s key role in the insurance sector and outlined a range of initiatives aimed at strengthening its ...
Hang Seng Index Celebrates 55 Years of Market Leadership
The Pulse of Hong Kong's Markets for Over Half a Century HONG KONG, Nov. 7, 2024 /PRNewswire/ -- Hang Seng Indexes Company Limited ('HSIL'), a wholly- owned subsidiary of Hang Seng Bank, today ...
Nearly six in 10 Hong Kong employees expect year-end bonus: report
Nearly 60% of employees in Hong Kong are expecting a year-end bonus that they can save or use as travel funds, according to a new survey from the Standard Chartered Bank Ltd. The poll, which surveyed ...
HSBC can stand strong in a fragmenting world
When HSBC ,opened its doors in Hong Kong and Shanghai in 1865, Chinese trade flows were just bubbling up again after the Second Opium War between the ruling Qing dynasty and British and French ...
Hong Kong Shares Fall 0.6% Amid Fears of U.S. Tariffs
Hong Kong’s benchmark Hang Seng Index rose 1.0% to 20745.74 around midday, reversing earlier losses on hopes for large-size fiscal stimulus from China.
HSBC HOLDINGS Buys back ~7.65M Shrs for HKD552M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 7.6476 million shares of the company in the UK and Hong Kong markets yesterday (6th) for a total of HKD552 million. Among which, ...
Huoli Rides China Travel Boom To Hong Kong IPO
Huoli has filed to list in Hong Kong, reporting its travel service revenue rose 22% and gross margin improved by 1.2 percentage points in the first half of 2024 The company is a distant third in China ...
HSBC HOLDINGS Executives Reportedly Worry on Too Little Space at New London HQ
HSBC HOLDINGS (00005.HK) is still 2 years away from a planned move to its smaller headquarters in City of London, but executives are already worried that the new office space won't be big enough. HSBC ...
China Market Update: China’s Preferred Candidate Wins As Mainland Investors Buy The Hong Kong Dip In Size
Asian equities were mixed overnight despite a very strong US dollar as the US 10-year Treasury Year Yield rose to over 4.6%, while Japan and India were higher, and Hong Kong, Indonesia, and the ...
Hong Kong Stocks Drag Asia Lower as Trump Takes Early Vote Lead
Asian stocks outside of Japan declined in early trading, dragged down by losses in Hong Kong-listed Chinese technology shares as Donald Trump took an early lead in the US presidential election.
HSBC HOLDINGS Buys back ~7.34M Shrs for HKD532M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 7.3369 million shares of the company in the UK and Hong Kong markets yesterday (5th) for a total of HKD532 million. Among which, ...
Hong Kong Stocks, Yuan Slump as Trump’s Early Lead Fuels Jitters
Early US election results showing Donald Trump’s lead are weighing heavily on the Chinese yuan and stocks as traders fear the fallout from heightened trade tensions. The offshore yuan declined 1% ...
Hong Kong Stocks, Yuan Slump as US Poll Results Fuel Jitters
Chinese shares listed in Hong Kong bore the brunt of the selling ... will be manageable in the event of the Republican’s victory, with the People’s Bank of China likely prepared to step in to preserve ...
Hong Kong stocks snap 3-day advance as traders shun risks before US election outcome
US presidential election described by analysts as a coin-toss race; traders assess potential impacts on global trade, financial markets Hong Kong stocks fell, halting a three-day advance, as traders ...