Hong Kong's Hang Seng Index HK:HSI increased 0.5% to 15,566.21 ... Shares of commercial banking firm China Merchants Bank HK:3968 and real estate services/transactions company Longfor Group Holdings ...
Hong Kong’s banks hold prime rates steady after Fed’s unanimous vote to ‘keep options open’ on when to start cutting the cost of money
Hong Kong's banks said they would keep their prime rates unchanged in line with the city's monetary authority, offering a breather to businesses and mortgage borrowers as the economy struggles to ...
Economic Watch: Chinese mainland, Hong Kong move to promote financial cooperation, connectivity
BEIJING, Feb. 1 (Xinhua) -- China's central bank and the financial authority of the Hong Kong Special Administrative Region have jointly rolled out new measures to strengthen financial cooperation, ...
HSBC holds prime rate steady after Fed’s unanimous vote to ‘keep options open’ on when to start cutting the cost of money
HSBC led Hong Kong's banks in keeping prime rates steady, following the lead of the city's monetary authority and offering a breather to businesses and mortgage borrowers as the economy struggles to ...
HSBC HOLDINGS Buys back ~5.2M Shrs in Total for HKD310M+ Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 5.1952 million shares of the company in total yesterday (25th) in the UK and Hong Kong markets, involving a total of over HKD... HSBC HOLDINGS ...
HKMA: Evergrande risk controllable to banking system
The Hong Kong Monetary Authority (HKMA) on Wednesday said the city's banking system does not have high exposure to the debt-ridden developer China Evergrande, but noted the current challenging credit ...
Chinese-owned Amer Sports’ IPO faces weak U.S. investor appetite
HONG KONG -- Amer Sports, the Chinese-owned sports equipment and apparel maker whose brands include Wilson and Louisville Slugger, will begin trading in New York on Thursday in a listing that is set ...
HSBC keeps prime rate unchanged
HSBC kept its prime rate unchanged on Thursday after the Hong Kong Monetary Authority (HKMA) held its base rate steady in line with the US Federal ...
Hong Kong central bank leaves interest rate unchanged, tracks US Fed
THE Hong Kong Monetary Authority (HKMA) on Thursday (Feb 1) left its base rate charged through the overnight discount window unchanged at 5.75 per cent, in line with the US Federal Reserve’s decision ...
Amer Sports discounts IPO as investors fret about its reliance on China
It priced its IPO at US$13 per share, below its US$16 to US$18 per share indicated range Read more at straitstimes.com.
Hong Kong stocks waver near 1-week low as Fed damps March rate-cut bets, Alibaba, Tencent rebound while developers slip
Chair Jerome Powell said the US central bank was not likely to ease in March, adding that it needed greater confidence that ensure inflation is slowing sustainably towards its mandate of 2 per cent.
Plutus Finance Files for IPO
By Ben Glickman Financial-services firm Plutus Financial Group on Wednesday filed for an initial public offering with the Securities and Exchange ...
Kayou Rides Collectible Toy Boom To Hong Kong IPO
Collectible toymaker Kayou has filed for a Hong Kong IPO, with CICC, Morgan Stanley and JPMorgan as underwriters The market for collectible toys in China is growing fast, catering to consumers from th ...
Hong Kong Regulator Accepts First Application For A Spot Bitcoin ETF
A local financial firm is reportedly in the advanced stages of planning to launch funds in the first quarter of 2024.