Most of the amount, or 90 per cent, must be invested in financial assets such as equities on the Hong Kong stock exchange, debt securities, cash deposits, subordinated debts, eligible collective ...
China Market Update: Alibaba Reports $26 Billion In Buybacks Left, Hong Kong
Asian equities were mixed but mostly lower overnight as Hong Kong and Pakistan outperformed.
HSBC Buys back ~11.35M Shrs in Total in 2 Days for HKD775M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 11.349 million shares of the company on the UK and Hong Kong markets on Friday (28 June) and yesterday (1 July), i... HSBC HOLDINGS ...
Chinese investors give Hong Kong the wealth management edge
Hong Kong’s growth as a wealth management centre has surged in recent months following modifications to the Wealth Management Connect regional market access scheme, with banks in the Asian financial ...
Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets
A professor at HKUST has questioned the logic of China’s cryptocurrency mining ban, suggesting that the government should embrace virtual assets amid geopolitical risks.
HSBC to freeze hiring, limits bankers’ travel in cost-cutting drive: Report
Certain business units have been instructed to pause hiring altogether, although this freeze is not intended to affect client-facing roles.
HSBC Freezes Hiring in Some Departments, Asks Bankers to Cut Travel & Entertainment Spending – Rumour
Citing sources, Bloomberg reported that HSBC HOLDINGS (00005.HK) is slowing down hiring, as outgoing CEO Noel Quinn tries to cut costs by asking investment bankers to reduce travel and entertainment ...
HSBC curbs hiring, reins in banker travel in cost-cutting push
HSBC is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest ...
Firms from Middle East, Europe are eyeing Hong Kong IPO thanks to cross-border schemes: UBS
Many international companies are keen to float their shares in Hong Kong as the cross-border trading links with mainland China make the city the “ideal IPO market”, according to UBS. The Swiss bank’s ...
Shein would lose all its shine in a Hong Kong IPO
As geopolitics deteriorate, capital is becoming less global. For fast-fashion giant Shein, it means the destination for its initial public offering will make a big difference to its fortunes.
Synagistics set for Hong Kong listing through merger with SPAC backed by former HKMA head
The deal values Singapore-based Synagistics, which provides digital commerce services, at HK$3.5 billion (US$448 million), according to an exchange filing.
Total deposits in Hong Kong up 1.1% in May
Total deposits in Hong Kong’s authorised financial institutions rose by 1.1% in May, according to data from the Hong Kong Monetary Authority (HKMA). Hong Kong dollar deposits and foreign currency ...
3 Top Hong Kong Dividend Stocks Yielding From 4% to 8.7%
Amid a backdrop of global economic fluctuations and localized pressures, the Hong Kong market has shown resilience ... Name Dividend Yield Dividend Rating Chongqing Rural Commercial Bank (SEHK:3618) 8 ...
Financial integration deepens as Hong Kong marks 27th anniversary of return to the motherland
the more advantageous it is to solidify Hong Kong's position as a financial center, Dong added. The HKMA is working with the People's Bank of China (PBC), the central bank, on cross-boundary payment ...