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.
Citi Launches First-in-Hong Kong Citigold Private Client World Elite Debit Mastercard
HONG KONG SAR - Media OutReach Newswire - 3 June 2024 - Citi introduces the exclusive Citigold Private Client World Elite Debit Mastercard, the first-in-Hong Kong and highest tier of its kind offered ...
Hong Kong IPO: GEM board welcomes its first small-firm listing in 3 years as UBoT soars 36% in trading debut
Hong Kong-based firm's shares rose as much as 36 per cent from its offer price on the first day of trading on Monday UBoT raised HK$68.75 million from its IPO, with the public tranche oversubscribed 2 ...
Hong Kong Stocks Surge Amid European Rate Cut Prospects
Hong Kong stocks climbed significantly on Monday, with the Hang Seng index marking its best day in over three weeks, driven by expectations of a rate cut in Europe. Mainland China shares dipped ...