QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Trading under the stock code ...
Hong Kong lenders HSBC, DBS stand pat on rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief from high ...
Hong Kong Pop Star-Backed Esports Firm NIP Group Files for US IPO
NIP Group Inc., an esports company that counts Hong Kong singer Jackson Wang among its backers, has filed for an initial public offering in the US.Most Read from BloombergHunter Biden Was Convicted.
HSBC, DBS Hong Kong stand pat on interest rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief.
HSBC Buys back ~4.96M Shrs for HKD336M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.9557 million shares of the company for a total of HKD336 million yesterday (12th) in the UK and Hong Kong markets. Among which, HSBC ...
QuantumPharm rises in Hong Kong trading debut as traders bet on AI-backed drug researcher
QuantumPharm is the first company to list under Chapter 18C, a new regime introduced more than a year ago for pre-revenue specialist technology firms.
Payments Fintech Airwallex Reports Steady Business Growth in Hong Kong
Airwallex, a global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of ...
Hong Kong central bank keeps key rate steady, tracking Fed move
HONG KONG, June 13 (Reuters) - The Hong Kong Monetary Authority (HKMA) left its base rate through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal ...
Hong Kong keeps rate steady for seventh time as traders shift focus to September for first cut
The city's base rate remains at 5.75 per cent after the US Fed kept its target rate unchanged Hong Kong's de facto central bank kept its base rate unchanged for the seventh time as traders in the ...
Hong Kong doctor, lawyer among 665 victims scammed out of HK$780 million by syndicates
Police arrest 175 people in crackdown on fraud and money-laundering syndicates, with most suspected of holding stooge bank accounts Some "well-educated professionals" are among 665 Hong Kong ...
Wealth Management Expo 2024 presented by Bank of China (Hong Kong) and organized by Metro Finance FM104
Officiating guests of Wealth Management Expo 2024: Mr. Erick Tsang Kwok-wai, GBS, IDSM, JP, Secretary for Constitutional and Mainland Affairs; Mr Stephen Chan, Deputy Chief Executive of BOCHK; Mr.
Hong Kong Finance Secretary Highlights Flexibility for the City’s 6 Spot Crypto ETFs
Hong Kong officials highlighted the flexibility offered by the subscription and redemption feature of the city's six spot crypto ETFs.
Hong Kong grows wealth; Singapore preserves it, stop comparing
They sit in very different corners of the financial system. The rise of one doesn’t spell the demise of the other ...
HSBC to boost stake in China fund venture to become majority owner
HSBC Holdings agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder and adding to its expansion in the world’s second-largest economy. HSBC, which owns a ...