Hong Kong stocks edged up on Monday, recouping earlier losses in volatile trade, as investors reacted to a surprise rate cut by China’s central bank while bracing for more uncertainty after US ...
Hong Kong jails 3 stock market manipulators for up to 80 months in landmark case
The manipulation scheme is “a sophisticated and intricate conspiracy”, which has caused losses to genuine market participants and damage to Hong Kong’s reputation as a global financial centre, Douglas ...
China rate cuts usher in next stimulus stage
HONG KONG, July 22 (Reuters Breakingviews) - For investors pondering how China's Third Plenum could revive the economy, the central bank has set the tone for what's to come. On Monday morning, the ...
Hong Kong court hands out longest jail time for market manipulation
HONG KONG - A Hong Kong court sentenced two defendants to six years and eight months of prison time for market manipulation, the longest ever handed out for such an offense in the financial hub, ...
Hong Kong stocks extend falls as Biden’s exit from US Presidential race fuels Trump trades
Hong Kong stocks dropped extending last week’s decline ... stoking concerns of higher inflation and intensified geopolitical tensions. Meanwhile, the People’s Bank of China on Monday cut both the ...
China cuts short and long-term rates
China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The move follows Beijing's release of a policy document on Sunday ...
Asia stocks skid as China trims rates; Biden bows out
Asian shares tread cautiously on Monday ahead of a packed week of corporate earnings that should test the sky-high valuations of tech stocks, while investors hope a key reading in U.S. inflation will ...
HSBC HOLDINGS (00005.HK) Buys Back Over 3.25M Shrs for $216M Last Fri
HSBC HOLDINGS (00005.HK) announced that it bought back 3.25 million shares on the Hong Kong Stock Exchange last Friday (19 July) at prices ranging from $66.3 to $66.8 per share, with a weighted ...
BBMSL Partners with PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital ...
Exploring Three Undervalued Small Caps In Hong Kong With Insider Actions
Amidst a backdrop of fluctuating global markets, the Hong Kong small-cap sector presents a unique landscape for investors. While broader indices have shown mixed results, the resilience and potential ...
BOC Hong Kong (Holdings) Limited (BOF.F)
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China’s central bank battles perceptions that deflation is taking hold
HONG KONG -- China's economy faces growing deflationary pressure, and its central bank is trying to keep pessimism at bay by pushing up interest rates. This month, the People's Bank of China (PBOC) ...
First Hong Kong e-commerce festival to help city brands expand into mainland China to be held
Financial Secretary Paul Chan says ‘considerable room for growth’ in e-commerce and new festival will boost profile of city businesses on mainland.
HSBC names veteran Elhedery as CEO, signals continuity in strategy
HSBC Holdings Plc has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as it tries to kickstart growth. Elhedery, 50, who ...