HONG KONG, March 10 (Reuters Breakingviews) - Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy ...
HSBC Shareholder Group Pushes for Resolutions to Boost Dividend
An HSBC Holdings Plc activist shareholder in Hong Kong is pushing the lender to allow investors to vote on a plan that requires the bank to provide regular updates on the restructuring of its Asian ...
Hong Kong’s Cathay Pacific posts loss of HK$6.5 billion for 2022, but vows to rebuild brand
Cathay chairman Patrick Healy says Covid-19 pandemic marked difficult time, but group will now focus on reconnecting with mainland ChinaAirline expected to reach 70 per cent of pre-Covid passenger ...
HKEX readies ‘game-changer’ IPO rules that promise to open funding taps for Hong Kong technology start-ups
The exchange is slashing valuation prerequisites and will consider IPOs by five types of Big Tech firms, including pre-revenue companies UBS and Haitong International both report strong issuer ...
UPDATE 1-China stocks end lower, recovery doubt sinks Hang Seng to 11-week low
China and Hong Kong stocks extended losses on Friday, led by automobile stocks and select internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after ...
Latest round of Hong Kong consumption vouchers to be disbursed from mid-April, with scheme expected to boost post-Covid economy: Paul Chan
City's finance minister says it is 'appropriate' to give out vouchers since city is still recovering from economic effects of coronavirus pandemic Eligible residents will receive HK$5,000 over two ...
Analysis: Debt-laden local governments pose fresh challenges to China’s growth, financial system
China's push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 ...
Hong Kong stocks plunged Friday following a rout on Wall Street fuelled by worries over the banking sector, while traders are also awaiting the release of key US jobs data.
The Hang Seng Index dived 3.04 percent, or 605.82 points, to 19,319.92, wiping out all the gains made so far this year. The Shanghai Composite Index sank 1.40 percent, or 46.02 points, to 3,230.08, ...
AIA looks past one of its worst years, banking on Hong Kong’s reopened borders to lift insurance sales
AIA is looking to strong sales in 2023 to put one of its worst years behind it, as Asia’s largest insurer wagered that the rush of mainland Chinese customers across Hong Kong’s reopened borders would ...
Hong Kong stocks slump on banking worries
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited ...
Asian equities fall after investors dump US bank shares
Asian equities followed the US sharply lower on Friday, after investors on Wall Street sold off stocks over concerns about the health of the US banking sector. Hong Kong’s Hang Seng index was down 2.2 ...
US bank jitters hit Asia stocks; yen drops with JGB yields after BOJ
Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for U.S. interest rate rises were reduced after a surprise capital raising at a Silicon Valley startup ...
US sanctions 39 entities over alleged ‘shadow banking’ for Iran
The United States has imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran’s access to the global financial system, ...
Hong Kong Stocks Open Sharply Lower
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited the release of US jobs data later in the day.