Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank official says.
HSBC warning as thousands locked out of pensions with no access to savings
HSBC is refusing to transfer £978million in pension savings belonging to thousands of Hong Kong exiles who have fled to Britain. The FTSE 100 bank is withholding funds from tens of thousands of former ...
HKMA Invites Banks to Evaluate RMB Trade Financing Biz: Rumor
In January, the Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced new measures to deepen financial cooperation between Hong Kong and mainland China, including the ...
HSBC HOLDINGS (00005.HK) Repurchases 2.5M Shrs Last Tue for ~$200M
HSBC HOLDINGS (00005.HK) announced that it purchased 2.5 million shares on the Hong Kong Stock Exchange last Tuesday (January 28) at prices ranging from $79.85 to $79.95 per share, with a weighted ...
Hong Kong Economy Slows in 2024 as Spending, Property Woes Weigh
Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming ...
Financial reserves ‘can help Hong Kong public universities weather funding cuts’
Lawmaker Lau Chi-pang also says percentages of any planned funding cuts by government should be same for all public universities.
Hong Kong is well positioned to weather trade-war fallout, HKMA CEO says
Economy could take some hits, but diverse export destinations and Beijing’s support will mitigate negative impacts, Eddie Yue says.
Carlson Tong: HKEX Processing 100+ IPO Applications; Many A-shr Firms Intend to Come to HK for Secondary Listing
Carlson Tong: HKEX Processing 100+ IPO Applications; Many A-shr Firms Intend to Come to HK for Secondary Listing ...
BOC Hong Kong Holdings And 2 Other Prominent Dividend Stocks
As global markets navigate the evolving landscape of political developments and economic indicators, major indices such as the S&P 500 have reached new highs amid optimism for potential trade deals ...
Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions
The Chinese currency's cheaper funding costs and growing offshore liquidity, coupled with a new facility, are boosting its appeal The use of the yuan in trade finance is gaining momentum as companies ...
Hong Kong urged to offer HK$2 fares to ‘truly elderly’ not those aged 60
Hong Kong’s HK$2 fare scheme for elderly residents should be adjusted by offering those aged 60 to 65 only limited usage, a top government adviser has said, while the city’s finance chief has ...
Hong Kong’s Paul Chan warns Trump tariffs will prolong high interest rates
America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based ...
For Hong Kong, family offices and IPOs are major growth engines: Deloitte
Hong Kong is particularly appealing to wealthy families from mainland China and Southeast Asia to set up family offices, Dennis Chow says Wealth management and family offices will be a major growth ...
FS hails exciting year ahead for Hong Kong
Financial Secretary Paul Chan says Hong Kong is in for an exciting year filled with major events. Writing on social media after attending the Lunar ...