In a report released today, Manyi Lu from DBS maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), with a price ...
Elhedery to start his first day as global CEO in Hong Kong, showing city’s value to HSBC
Elhedery will spend a few days with staff, visit key customers and Hong Kong's financial regulators before returning to London at the end of next week Georges Elhedery, the incoming chief executive ...
Hong Kong life insurance sales hit record, driven by buyers from China and a jumbo policy
Though the premium was not disclosed, the sale was a major boost to total sales of new life insurance and helped HSBC Life maintain its position as the top life insurer in Hong Kong in terms of new ...
HK Dollar 300 drop in monthly income of Hong Kong residents, unemployment rising: Official survey
Hong Kong's economy has taken a downturn in the second quarter, with a notable drop in median monthly incomes and higher unemployment, reported South ...
BOC HONG KONG Rallies 3%; 1H NP Up 17.9%, Interim DPS Adds to 57 Cents
BOC HONG KONG (02388.HK) earned 17.9% more in 1H24 and declared an interim dividend increased to 57 cents. This morning, the stock cracked opened 2.96% higher at $24.35, with 413,500 shares traded ...
{Hot Stocks}BOC HONG KONG(02388) quoted at HK$24.75, up 4.7%
[ET Net News Agency, 30 August 2024] BOC HONG KONG (02388) rose 4.7% to HK$24.75. It hits an intra-day high of HK$24.85, hitting an 1-month high, and an intra-day low of HK$23.8. The total shares ...
Hong Kong’s NWD steps up debt reduction with US$2 billion of repayments, refinancing
The group has received a bid of HK$9 billion for its K11 Art Mall in Tsim Sha Tsui from a subsidiary of China Resources Holdings, according to a local media report Hong Kong-listed New World ...
HSBC’s Next CEO Plans to Trim Middle Management to Save Costs
Georges Elhedery, is considering a significant organizational transformation intended to streamline the company’s operations, according to a Bloomberg report. After taking over as the new CEO on Sept.
HSBC wealth chief leaves as new CEO Elhedery shakes up team
HSBC's CEO of Wealth and Personal Banking, Nuno Matos, is resigning to pursue other opportunities, the Asia-focused bank said on Thursday as it unveiled a significant shake-up in its leadership team ...
HSBC’s new CEO Georges Elhedery shakes up senior staff to bolster digital, wealth business
Georges Elhedery, who starts on Monday, creates a group-level information officer role and names a new CEO for global wealth and personal banking.
Hong Kong Monetary Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
The Hong Kong Monetary Authority opened up its tokenization "Project Ensemble" sandbox on Wednesday. Major institutions including HSBC and Global Shipping Business Network have already begun testing ...
China Market Update: Meituan Earnings & Jake Sullivan Meetings Lift Hong Kong Higher
Hong Kong’s most heavily traded stocks by value were Meituan ... real estate, up +1.86%, while financials fell -1.97%, energy fell -0.74%, and utilities fell -0.65%. The top sub-sectors were retailing ...
Guilty verdicts for two Hong Kong journalists charged with sedition
A Hong Kong court convicted two journalists of conspiracy to commit sedition Thursday, the first time members of the press have been found guilty of the offense since the city-state returned to ...
BOC HONG KONG (02388.HK) Proposes to Appoint EY as New Auditor
BOC HONG KONG (02388.HK) announced that the board of directors has resolved to propose the appointment of Ernst & Young (EY) as the company's auditor for FY24, subject to the approval of the ...