Hong Kong’s central bank chief and executives at UBS Group AG and HSBC Holdings Plc called for the expansion of wealth links between the city and mainland China, months after a key initiative was ...
Singaporean, Swiss banks target Hong Kong as rivals feel geopolitical chill
OCBC's private banking arm, Bank of Singapore, has set a 50% growth target for assets under management in Hong Kong by 2026, compared to the end of last year, although it has not revealed the base ...
What HSBC needs from its new chief executive
Just this week the US State Department announced new visa restrictions on officials responsible for implementing Hong Kong’s National Security Law after a court in the territory convicted a group of ...
The best banks in the Asia-Pacific region, according to customers
Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.After a prolonged period of high inflation — and interest rates — banks in the ...
HSBC To Announce New CEO By July To Stabilize Asia-Focused Strategy
HSBC Holdings Plc (NYSE:HSBC) aims to finalize its search for a new CEO in the coming weeks, likely choosing from internal candidates. The bank plans to announce the successor to outgoing CEO Noel ...
All Hong Kong civil servants to receive 3% pay rise, below rates recommended in pay trend survey
Secretary for the Civil Service Ingrid Yeung says ‘balanced decision’ made amid budgetary restraints and need for ‘financial prudence’.
QuantumPharm IPO oversubscribed ‘by 10 times’ as retail investors pile in to Hong Kong’s first pre-revenue tech regime listing
Phillip Securities (Hong Kong), a brokerage active in the IPO market, received HK$100 million from its margin-lending clients on Tuesday, while TradeGo Markets pulled in HK$84.6 million. Do you have ...
BOC Aviation remarkets Lynx Max 8s
Singapore-based, Hong Kong SAR-listed BOC Aviation has placed three used Boeing 737 Max 8 aircraft with Westjet. All three aircraft are powered by CFM Leap-1B engines and are scheduled for delivery in ...
Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules
Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first ...
Hong Kong JPEX cryptocurrency scandal: pair launch first civil claims in bid to recover HK$5.5 million
Plaintiffs Herbert Lee and Chan Wing-yan launch first civil action against platform involved in an alleged HK$1.6 billion financial fraud Among defendants listed in legal documents are JPEX Crypto ...
Hong Kong Shares Tipped To Open In The Green
(RTTNews) - The Hong Kong stock market on Monday halted the four-day losing streak in which it had slumped more than 750 points or 4.1 percent. The Hang Seng Index now sits just above the 18,400-point ...
Hong Kong stocks rise fueled by bets of stability in China property, growing US rate cut hopes
Hong Kong stocks gained, bucking the broader downtrend in the region, as investors remained confident about China’s economic recovery and the probability of a soft landing in its crisis-hit property ...
Hong Kong’s economy expected grow 2.5-3.5% this year: financial chief
VCG. The economy of the Hong Kong Special Administrative Region (HKSAR) is expected to sustain its growth for the rest of 2024 with favorable factors.
Hong Kong and Saudi regulators explore pact for financial services, ETFs
The regulators of Hong Kong and Saudi Arabia will explore ways to cross-list ETFs and foster two-way fund flows, according to the Securities and Futures Commission.