HSBC Holdings posted a 10 per cent rise in third-quarter profit on Tuesday (Oct 29), beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts while ...
HSBC to Buy Back $3 Billion Shares as Profit Beats Estimates
HSBC Holdings Plc announced a fresh multi-billion dollar stock buyback as it reported better-than-estimated earnings, days after unveiling a major overhaul of its businesses.Most Read from BloombergIn ...
Hong Kong’s secretary for financial services on regulating artificial intelligence
Christopher Hui, the Hong Kong Secretary for Financial Services, says that artificial intelligence is high on the agenda and that there is a need for right governance and oversight over its use in the ...
Hong Kong finance chief Paul Chan leads delegation to Saudi Arabia as city seeks to strengthen Middle East ties
Hong Kong finance chief Paul Chan has departed for Saudi Arabia, leading a delegation from the finance and innovation and technology sectors on a four-day trip to “strengthen and deepen” Middle East ...
Hong Kong stocks head for longest winning streak in 4 weeks on better earnings outlook
Hong Kong stocks rose for a third day, putting the city’s benchmark on course for its longest winning streak in four weeks, thanks to optimism that the outlook for corporate earnings will improve. The ...
Hong Kong rolls out policy statement, moves to nurture fintech
HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) government on Monday unveiled a policy statement on the responsible application of artificial intelligence (AI) in the financial market ...
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b. The Hong Kong Monetary Authority has designated 11 banks as primary liquidity providers (PLPs) for the offshore renminbi (RMB) market ...
What Makes BOC Hong Kong (BHKLY) a Good Fit for ‘Trend Investing’
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the ...
FCC Analytics Partners with Hong Kong Airstar Bank, livi bank to Enhance Anti-Money Laundering Efforts through Federated Learning
Airstar Bank is a digital bank in Hong Kong with Xiaomi Corporation and Futu Group as its key shareholders. The Bank upholds the virtue of financial inclusion by making cutting edge digital banking ...
Hong Kong unveils rules for ‘responsible’ AI use as it gets ahead of disruptive technology
Any institution that wants to use AI “must formulate a governance strategy to provide direction on how [the] systems should be implemented,” the government said.
Why Has Hong Kong’s Hang Seng Index (HSI) Soared In The Past Month?
Given Hong Kong’s close business links to China, and just how many Chinese companies are listed on the Hong Kong Exchange, Hong Kong stocks have suffered. Since its peak in early 2021, Hong Kong’s ...
HK delegation to visit Saudi Arabia to deepen cooperation in finance, innovation
The Hong Kong Special Administrative Region (HKSAR)'s Financial Secretary Paul Chan will lead a delegation from the financial, innovation and technology sectors to Saudi Arabia on Monday, a move that ...
HSBC’s east-west split is not just about cutting costs
The fallout left HSBC scrambling to placate governments and corporations in east and west. The political standoff between the US and China has not improved. If Donald Trump returns to the White House ...
Hong Kong ATMs to have pop-up warnings as scam losses mount to HK$6.41bil, says police chief
Police chief Raymond Siu also warns that deepfake-technology scams are likely to be the next major form of swindling to plague the city ...