New channel launched after ‘significant uptick’ in electronic payment adoption by both riders and drivers, Octopus says.
Ex-Citigroup stock trader wins unfair dismissal case in Hong Kong
An Asia equity sales trader who was fired from Citigroup in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday. Citigroup failed to justify its “summary ...
Hang Seng index forecast 2025: buy, sell, or hold?
The Hang Seng index has had a relatively good year as it jumped by almost 20%, its best performance in a long time. It has continued to underperform its American peers, such as the Dow Jones and the ...
Ex-Citigroup Trader Wins Unfair Dismissal Case in Hong Kong
An Asia equity sales trader who was fired from Citigroup Inc. in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday.
Hong Kong’s Hang Seng Index closes 0.56 pct lower
HONG KONG, Dec. 19 (Xinhua) -- Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.56 percent to close at 19,752.51 points. The Hang Seng China Enterprises ...
CBUAE, Hong Kong Monetary Authority deepen financial market cooperation
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong ...
KPMG: SEHK’s Consultation Paper on Optimizing IPO/ CG Code Can Fortify HK Capital Mkt’s Resilience/ Sustainable Growth
Regarding the consultation paper issued by the Stock Exchange of Hong Kong (SEHK) yesterday on optimizing the IPO and Corporate Governance Code (CG Code), Paul Lau, Head of Capital Markets and ...
China’s Hithium Is Said to Weigh $500 Million HK IPO Next Year
Xiamen Hithium Energy Storage Technology Co. is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.
Hong Kong bankers to see 15% to 20% salary hikes next year
But middle and back-office recruitment is expected to focus on replacing existing roles. Hong Kong’s banking sector front-office professionals moving to new employers can expect salary increases of 15 ...
Hong Kong shares fall after Fed signals slower easing next year
Hong Kong stocks fell following the US Federal Reserve’s unexpected hawkish forecast for interest rate cuts next year. The Hang Seng Index declined 1 per cent to 19,666.12 at the noon break on ...
Hong Kong banks cut lending rates even as HKMA warns of volatility ahead
Hong Kong's six biggest lenders lowered their prime lending rates for a third time this year, trimming borrowing costs to the lowest level in more than two years. HSBC and subsidiary Hang Seng Bank ...
BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages
The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...
Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut
The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.
Hong Kong central bank cuts interest rate, tracking US Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal ...