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 ...
Stock market today: Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of plans to revive the ...
Hong Kong Market Sentiment Improves as Local Banks Follow U.S. Fed Interest Rate Cut
The Hong Kong Grade A office market witnessed positive net absorption for the fourth consecutive quarter in Q3 2024 to reach 324,100 sq ft, bringing the overall availability rate down to 19.3%.
Hang Seng Drowns By Over 2,100 Points; Washes Away Gains Made After Chinese Stimulus
The Hong Kong-based Hang Seng has had a tumultuous day of trading on October 8. The marquee index, based in the financial powerhouse of the Asian continent, collapsed in the intraday trade amid an ...
Beijing hints at fresh measures to boost Hong Kong economy a week before policy address
Beijing’s top office overseeing Hong Kong drops hint in commentary published over weekend as it urges city to play to its strengths ...
Hyundai to launch $3 billion India IPO next week at 1,865-1,960 rupees per share, sources say
Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees ($22 to $23) per share, sources said on Tuesday, valuing the automaker ...
Stock market today: Hong Kong shares plunge as economic rescue plans from Beijing fall flat
Technology and China-related shares led the decline. Hong Kong shares had logged strong gains over the past week while markets ...
Here’s why the Hang Seng index has suffered a harsh reversal
The Hang Seng index suffered a harsh reversal on Tuesday after the World Bank issued a major warning about the Chinese economy. The index, which tracks the biggest companies in Hong Kong and Mainland ...
‘SAR to optimise mutual access measures with mainland’
Chief Executive John Lee has vowed to work with authorities across the border to enhance measures facilitating mutual access between financial ...