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HANG SENG BANK (00011.HK) Tumbles ~3% in PM, Dipping Below $100; Interim NP Slightly Rises 0.7%
HANG SENG BANK (00011.HK) logged a net profit of $9.893 billion in 1H24, rising 0.7% and higher than market expectations. The lender declared a second interim dividend of $1.2, in ... HANG SENG BANK ...
Hong Kong virtual bank Mox Bank launches crypto ETF trading
Hong Kong virtual bank Mox announces trading services for crypto ETFs with plans to offer direct crypto trading on the platform.
Hong Kong beefs up status as financial hub
"While Hong Kong, as the world's largest offshore yuan financing center, can promote the national currency in going global and keep the exchange rate of the onshore renminbi stable, it can also ...
Hong Kong’s licensing scheme for stablecoin issuers: what it means
FA spoke with industry players who explained how the city will roll the scheme out, and what still needs to happen.
HSBC hires former Blair adviser amid brewing China tensions
HSBC has hired a former senior adviser to Sir Tony Blair to help navigate the West’s growing diplomatic rift with China. David Quarrey, who has held a variety of UK government roles, is set to become ...
Hong Kong Digital Banks: HKMA Reports on Development of “Virtual Banks”
The Hong Kong Monetary Authority (HKMA) has issued an update on the development of digital banking or "virtual banks" (VB) in Hong Kong. The HKMA states that ...
Hong Kong IPO: China’s Black Sesame raises US$133 million in tough market conditions
The Wuhan-based chip designer focused on autonomous driving systems priced its shares at the bottom end of the HK$28 to HK$30.3 range, sources said.
Hong Kong to end deposit-taking companies as part of reform to simplify banking structure
The HKMA is cutting the city’s existing three-tier banking system into two as part of its biggest reform in four decades.
Researchers identify global hotspots for flows of ‘dirty money’, with Dubai and Hong Kong emerging as focal points
New research from the University of Sussex, published August 5 has identified a large-scale shift from the UK to what researchers are terming the "Dubai-Kong axis" as a new hotspot for illicit ...
Hang Seng Bank Limited (HSB1.F)
As of July 31 at 8:05 AM GMT+2. Market Open. Hang Seng Bank ('Hang Seng') has recently conducted a family financial planning survey to understand the financial needs of Hong Kong people. Interviewing ...
Positive outlook for HK, mainland economies: BOC
Bank of China (Hong Kong) said the outlook for the SAR and mainland economies is positive. The bank said the local economy is seeing a stable ...
Exclusive: China asks large state financial institutions to drop auditor PwC, say sources
Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property ...
{I-bank focus}HSBC raises BOC Hong Kong (02388) to HKD28.5
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