Kayou, a Chinese maker of trading cards and stationery with animation themes, has pushed back its plan for an initial public offering in Hong Kong because it hasn’t received approval to list from ...
HSBC mulls up to $300 mln cost-cutting plan, targeting senior roles, says FT
HSBC , CEO Georges Elhedery is weighing cost-cutting measures that could save up to $300 million, targeting its senior bankers, the Financial Times reported on Thursday.
Hong Kong stocks rebound on PBOC’s US$70 billion finance facility, fiscal stimulus hopes
The Chinese central bank's liquidity boosting tool sparks a 3.2 per cent surge in Hong Kong's Hang Seng Index Hong Kong and Chinese stocks both rebounded from sell-offs after China's central bank ...
Asian markets track Wall St record as Hong Kong, Shanghai stabilise
Asian markets tracked a record day on Wall Street Thursday, with Shanghai and Hong Kong supported by a Chinese central bank move to boost liquidity for major stock-buyers. The gains led a rally across ...
Hong Kong stocks rebound from sell-offs on PBOC’s US$70 billion stock buying facility
The Chinese central bank’s liquidity boosting tool sparks a 2.5 per cent surge in Hong Kong’s Hang Seng Index.
2024 HKGFA Annual Forum – Financing Asia’s Net Zero Transition
Hong Kong Green Finance Association ("HKGFA") hosted its Seventh Annual Forum in Hong Kong today, with the theme "Financing Asia's Net Zero Transition." Over 1,500 participants from Hong Kong, ...
Hong Kong Shares Fall; Markets Await Details on China Fiscal Measures
The Hang Seng closed 1.4% lower after a choppy trading session, with investors now focused on the Chinese finance ministry’s media briefing on Saturday for further fiscal measures.
HSBC appoints Global Chief Investment Officer and Head of Investments for Global Insurance
HSBC has appointed William Chan as Global Chief Investment Officer and Head of Investments for Global Insurance with immediate effect.
China Finance Ministry Calls Press Briefing, Firing Up Stimulus Hopes
China’s finance ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal stimulus to boost the economy.
Hong Kong consumers struggle with bills and loans despite rising incomes, TransUnion says
Rising incomes in Hong Kong are not easing financial stress, with 25 per cent of people unable to pay bills fully.
DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Read more at The Business Times.
HSBC appoints William Chan as investment head for global insurance
He leads a team of investment specialists in Hong Kong. HSBC has appointed William Chan as global chief investment officer and head of investments for global insurance, effective immediately. Chan is ...
Should Hong Kong banks pay you back if you are the victim of a financial scam?
About HK$4.5 billion in losses have been incurred from scam and fraud cases in the city in the first six months of 2024.
Hong Kong stocks crash, oil prices retreat on fading China boost
Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong tumbled as traders were left disappointed by a lack of detail on Beijing's raft of economic stimulus ...