Hong Kong stocks fell as China's lacklustre economic data triggered a sell-off, while the US Federal Reserve's imminent easing cycle and bets that Beijing will roll out more stimulus helped limit ...
China Market Update: Hong Kong Grinds Higher, China Releases August Economic Data
Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, Indonesia, and Malaysia were also closed.
HSBC’s new CEO looking to shake up lender; possible cost cuts, say analysts
He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.
Hong Kong and Macao authorities link bond settlement systems
The Central Moneymarkets Unit (CMU), operated by the Hong Kong Monetary Authority (HKMA), will be connected to Macao’s central securities depository (CSD). The CSD is operated by Macao Central ...
Hong Kong, Dubai seek to strengthen ties on sustainable finance as climate risks mount
Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.
Jimmy Lai’s former collaborators in Hong Kong slam BDO for complicity in abuses and violations
Mark Clifford and Gordon Crovitz, senior officials at Next Digital, filed a complaint against the global accounting firm. They allege BDO enabled rights violations by providing essential services to H ...
Yoshitsu Co., Ltd Expands Reiwatakiya Brand in Hong Kong, Plans Broader Expansion Across Asia
Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as ...
Hong Kong market still feeling the chill as aircon maker Midea floats
The Midea float is the territory’s largest since short-form video app Kuaishou’s in January 2021. Its Shenzhen shares traded at a roughly 21 per cent premium to the Hong Kong listing price at Friday’s ...
Midea Shares Rise 4.9% in Hong Kong Gray-Market Trading
Chinese appliance maker Midea Group Co.’s shares gained as much as 4.9% in gray-market trading ahead of their Tuesday debut in Hong Kong.
HSBC’s new CEO is looking to shake up Europe’s largest lender
WITH just two weeks under his belt as the new chief executive officer of HSBC Holdings, Georges Elhedery has made it clear he’s looking to make his mark on the bank. Read more at The Business Times.
HSBC’s new CEO looking to shake up Europe’s largest lender
He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.
Ex-executives of Jimmy Lai’s Hong Kong media company file legal challenge against global accounting firm BDO
Two former executives of Hong Kong’s Next Digital media group have filed a legal challenge against global accounting firm BDO, accusing it of helping city authorities to liquidate the company founded ...
Hong Kong stocks decline as investors react to China’s economic data and Fed rate decision
Asian markets showed mixed results Monday with Hong Kong falling on weak data, while Australia and Taiwan saw gains. Typhoon Bebinca disrupts travel in China.
Citigroup is looking to hire talent in Hong Kong in wealth push
CITIGROUP plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief. Read more at The Business ...