Asian equity markets were mixed on light news prior to the US Fed’s Jackson Hole meetings as the US dollar fell against Asian currencies and Hong Kong, Thailand, and Malaysia outperformed while Japan ...
Hong Kong issues generative AI guidelines to banks to avoid bias against consumers
The Hong Kong Monetary Authority’s new guidelines say the boards of financial institutions should be accountable for AI-driven decisions.
Hong Kong Monetary Authority task force to help SMEs struggling to repay loans
The Hong Kong Monetary Authority (HKMA ... The city’s de facto central bank said on Monday that it would put together a team from among its staff to help small and medium-sized enterprises (SMEs), ...
Three Undiscovered Gems In Hong Kong For Savvy Investors
As global markets continue to navigate a complex landscape, the Hong Kong market has shown resilience with the Hang Seng Index up 1.99% recently, reflecting cautious optimism among investors. Amid ...
{Block Trade}CM BANK (03968): 11.05m shares, or HK$371.31m
The deals amounted to HK$371.31m, or at HK$33.6 per share, 0.9% higher than previous close. CM BANK is now trading up 1.05% to HK$33.65, with 20.9 million shares of HK$701.88m ...
HSBC HOLDINGS Buys back ~5M Shrs for HKD330M in Total Last Fri
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.9997 million shares of the company on the UK and Hong Kong markets last Friday (16th), involving a total of HKD330 million. Of these ...
{Hot Stocks}NEW WORLD DEV(00017) quoted at HK$7.52, up 3.2%
with volume weighted average price of HK$7.446. HSBC SEC BRO (ASIA) accounts for greatest net responsive selling turnover of HK$3.76m, with volume weighted average price of HK$7.431. The stock has ...
Hong Kong’s John Lee pledges support for SMEs, says economy expected to improve in 2025
City leader holds first town hall meeting for coming policy address, with about 100 residents attending closed-door event.
Hong Kong’s pension regulator to give members bigger say in picking providers, investments
The MPFA’s reforms will allow members to choose providers, widen Reit investment choices and implement the ‘whole-free walk’ scheme, chairperson Lau says.
Exploring 3 Undiscovered Gems in Hong Kong with Promising Potential
As global markets continue to navigate economic uncertainties, Hong Kong's stock market has shown resilience, with the Hang Seng Index up nearly 2% recently. In this dynamic environment, identifying ...
Scammers steal HK$584.8 million from Hongkongers by posing as WeChat, Taobao staff
Police say 102 people arrested between January and June in connection with customer service scams Thousands of Hongkongers have lost money to fraudsters posing as customer service staff from mainland ...
BEA unit to hold fintech day in October to promote innovation in Hong Kong
The Beast platform was set up two years ago to help start-ups explore various fintech solutions for the banking and finance sector Beast, the fintech collaboration platform of Bank of East Asia (BEA), ...
Hong Kong stock exchange’s proposal on dividend policy disclosure gains support
Market players say the idea offers transparency that will buttress investor confidence. But an HKEX proposal to place caps on the tenure of independent directors receives a mixed response.
Hong Kong to enhance digital asset regulation in 18 months
Hong Kong is poised to enhance its digital asset regulation within the next 18 months, marking a significant step in its mission to become a global hub for financial technology. At the Foresight 2024 ...