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Tag: ipo

Posted on 02/05/2024

Hong Kong’s Stocks Rally Even With Key Chinese Investors Absent

Hong Kong’s world-beating stock rally is showing no signs of letting up even with Chinese investors, a key buying force, out of action.

Posted on 02/05/2024

Exploring FXOpen’s Latest Offerings: A Dive into Hong Kong’s Thriving Stock CFDs

Hong Kong’s financial prowess has long been a beacon of opportunity in the Asia Pacific region. Situated at the crossroads of global commerce, the city has emerged as a vital hub for international ...

Posted on 02/05/2024

HSBC keeps best lending rate in Hong Kong unchanged at 5.875%

HSBC Holdings said on Thursday it had kept its best lending rate in Hong Kong at 5.875%, after the city's de facto central bank kept unchanged the base rate charged through its overnight discount ...

Posted on 02/05/2024

HSBC keeps prime rate at 5.875%, as wait for relief goes on for Hong Kong businesses, homeowners

Hong Kong’s biggest lender HSBC will keep its key lending and deposit rates unchanged, meaning local businesses and mortgage borrowers will have a longer wait for the cost of borrowing to decline.

Posted on 02/05/2024

Hong Kong holds rate as Fed signals inflation concerns

THE Hong Kong Monetary Authority (HKMA ... a decision expected by all economists surveyed by Bloomberg. The Asian finance hub’s monetary policy moves in lock-step with the US as the local currency is ...

Posted on 02/05/2024

Hong Kong – New Capital Investment Entrant Scheme.

The (New CIES) started accepting applications on 1 March 2024 after the Hong Kong government announced detailed rules. Eligible persons with HK$30 million (or equivalent) in net assets may apply with ...

Posted on 02/05/2024

Asian stocks skittish as rate fears persist; Hong Kong up on property cheer

Investing.com-- Asian stocks were a mixed bag on Thursday as fears of U.S. interest rates remaining high for longer remained in play, although the Federal Reserve did downplay any expectations for ...

Posted on 02/05/2024

Hong Kong virtual lender ZA Bank eyes retail services for digital assets as new regulations come into effect in June

Hong Kong's largest virtual bank is preparing to introduce virtual asset trading services for retail investors, CEO Ronald Iu says SFC will roll out the new regulatory regime for digital asset trading ...

Posted on 02/05/2024

China tensions bubble up as HSBC seeks its next boss

HSBC, known in banking circles as “Honkers and Shankers”, is well-acquainted with geopolitical scrutiny. Formed as the Hong Kong Shanghai Banking Corporation in 1865 when the territory was still a ...

Posted on 02/05/2024

HSBC investors demand greater focus on Asia under new boss

However, Asian people are still underrepresented in the upper echelons of the bank. Only a small proportion of HSBC’s current executives are from Asia. David Liao, the co-head of HSBC’s Asia-Pacific ...

Posted on 01/05/2024

Local banks and S’pore, HK police recover more than S$370k for 70-year-old man in foiled scam

SINGAPORE: The police and banks here, together with the Hong Kong police, foiled a “technical support” scam and recovered more than S$370,000 for a 70-year-old victim.

Posted on 01/05/2024

More than S$370,000 recovered after banks, Singapore and Hong Kong police foil scam

The 70-year-old victim divulged his bank credentials to a scammer after being told his computer had been hacked and his bank accounts were used for illegal activities.

Posted on 01/05/2024

Scam alert: fake Post article featuring Hong Kong movie star Donnie Yen promotes online trading tools

Scammers have published a fictitious article with the appearance of a South China Morning Post story and a reporter’s byline to promote two online financial trading apps.

Posted on 01/05/2024

Local banks and S’pore, HK police recover more than $370k for 70-year-old man in foiled scam

Scammers told the man his computer had been hacked and his bank accounts were used for illegal activities. Read more at straitstimes.com.

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