Financial Secretary Paul Chan on Sunday said Hong Kong's economy was maintaining its momentum. Writing on his official blog, Chan said the city’s ...
Ping An votes against reappointment of HSBC CEO as director, source says
China's Ping An Insurance Group Co, the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a ...
Hong Kong stocks gain 4.7% on the week led by technology, banking sectors; China policy support hopes swirl
A dovish US Federal Reserve and a gigantic share buy-back programme from Apple lifted Hong Kong stocks with sentiment remaining upbeat after China’s top policymakers signalled further support to ...
Concerns over HSBC Asian business spin-off resurface at annual meeting
LONDON/HONG KONG -- Concerns by shareholders of an HSBC split with Asia resurfaced at the annual meeting on Friday after HSBC Chief Executive Noel Quinn's abrupt resignation this week.
Geopolitical tensions and Covid crisis: Noel Quinn’s five years at HSBC’s helm
CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair ...
Hong Kong introduces green finance taxonomy to boost city’s fundraising credentials
The Hong Kong Monetary Authority (HKMA) has issued a “green taxonomy” framework to help banks and investors determine the sustainability of economic activities, the de facto central bank’s latest ...
Hang Seng Insurance Introduces FortuneLife Deferred Annuity Life Insurance Plan with Enhanced Benefit to Support Stable Retirement
Leveraging Hang Seng Bank's local extensive network of online and offline banking channels, Hang Seng Insurance is one of the top players in Hong Kong insurance market, offering a diverse range of ...
HEDGE FLOW Global hedge funds chase Hong Kong stocks rally, UBS says
Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering. As Hong Kong stocks rose, ...
False keypad, card reader found on Hong Kong bank deposit machine sparks warning for ATM users to be on alert
Police urged the public to remain vigilant when using ATMs. “They should pay attention to any abnormalities in the card slot, keypad and the keypad’s protective cover,” Mak said. Police said the ...
Hong Kong: Introducing Spot Crypto Trading
Hong Kong has approved the launch of exchange traded funds (ETFs) that directly invest in bitcoin and ether, the world’s largest cryptocurrency tokens. The city is seeking to take pole position in the ...
US law firm Mayer Brown to split its Hong Kong operations, joining peers in downsizing in China
US law firm Mayer Brown said on Thursday that it plans to separate from its current Hong Kong operations, as many international law firms rethink or reduce their presence in China. Chicago-founded, ...
Hong Kong’s Economic Growth Beats Forecast in First Quarter
Hong Kong’s economy grew faster than expected in the first quarter, a tentative sign that the city’s post-pandemic recovery is stabilizing.
Global Money Flocks to Cheap Hong Kong Stocks Amid Fed Repricing
Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest ...
Hong Kong stocks score 8-day winning streak as Fed tone less hawkish than feared
The Hang Seng Index closed 2.5% higher, notching eighth straight day of gains, led by a rally in technology, property and financial stocks. Chinese markets are closed for holidays from May 1-3.