Fireworks celebrating the 75th anniversary of the founding of the People's Republic of China illuminate the sky over Victoria Harbour in Hong Kong, Oct 1, 2024. [Photo/Xinhua] The resolution of the ...
Banks Tap Hong Kong’s Discount Window for Most Funds Since 2019
Hong Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity.
Irene Lee
Irene Lee is the executive chairman of Hysan Development, a century-old Hong Kong property developer with roots that stretch back to the early 20th century. She also sits on Hang Seng Bank's board as ...
Hong Kong and Japan shares rally after U.S. jobs report
Hong Kong shares jumped again, rising 1.60% the day before mainland China markets reopen. Beijing said it would explain the details of its economic stimulus plans at a Tuesday morning news conference.
HSBC economist: Bangladesh economy to rebound over the coming year
Limited in Bangladesh held an economic outlook webinar titled “Navigating Bangladesh’s Crossroads” highlighting the latest global and Asian market developments and sharing perspectives on ...
HKMA seeks bank sharing of personal account information in war against financial crime
HKMA will submit a bill that would allow banks to share information among themselves on personal accounts that raise red flags.
Pictet HK’s Holding in China Construction Bank Rises to 8.3%
Pictet Asset Management Hong Kong Ltd.’s holding in China Construction Bank shares was raised to 8.32% on Oct. 3 from 0.01%, according to a Hong Kong Exchange disclosure.
Hong Kong’s Hang Seng Index hits 32-month high as Citi, Goldman back Chinese stocks
The bank has raised its target for Hang Seng Index by 24 ... implying a 15 to 18 per cent return. Hong Kong’s benchmark Hang Seng Index has rallied more than 24 per cent since China unleashed its ...
Hong Kong stock market continues to rally, rising 1.15% on Monday morning
VCG. The Hong Kong stock market extended its three-week rally on Monday, reaching a two-and-a-half-year high in the morning session, buoyed by the lates ...
HSBC sees 6 US rate cuts until June 2025 in boon for Hong Kong’s economy and investments
Lower rates will benefit the city's economic recovery, but there has been no immediate increase in demand for loans, HSBC Hong Kong CEO Luanne Lim says HSBC, the city's biggest lender, expects six ...
Kazakhstani envoy eyes stock exchange link-up with Hong Kong under belt and road plan
Almas Seitakynov, Kazakhstan's top envoy to Hong Kong, says two economies should become 'key hubs' for trade linking Southern Europe and Asia This is the sixth in a series of interviews with consuls ...
3 arrested for allegedly pickpocketing HK$270,000 from ATM and bank users in Hong Kong
Suspects, aged between 39 and 47, believed to be linked to seven similar cases reported from different districts across city, police say.
U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline
Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Most of the week's proceeds came from Carlyle-backed StandardAero , which popped 37% in its deb ...
World Bank report ranks Hong Kong among top 10 global business hubs
Hong Kong has been ranked among the top 10 economies to do business in by the World Bank Group on Thursday, a vote of confidence in the city's regulations for business entry and utility infrastructure ...