China's central bank issued 5 billion yuan ($719.76 million) worth of bills in Hong Kong on Tuesday. These central bank bills will mature in six months, with an interest rate of 2.2 percent, the ... ( read original story ...)
Hong Kong plans to launch trial of e-HKD in fourth quarter, paving way for full digital currency roll-out
The move marks the city's latest effort to catch up with other central banks that are launching virtual currencies The aim is to eventually roll out a virtual currency the public can use to shop, dine ... ( read original story ...)
How HSBC’s wealth chief suggests you protect your portfolio from inflation
People around the world are looking for ways to hedge against inflation right now, and the rich are no exception. "We see customers sitting a little bit in the sidelines," says Nuno Matos, HSBC CEO of ... ( read original story ...)
Hong Kong may report second-highest deficit ever: Finance chief
Hong Kong is expected to record its second worst deficit at more than HK100 billion 1274 billion amid the ongoing COVID-19 pandemic Finance Secretary Paul ... ( read original story ...)
Hong Kong bills issuance well received: PBOC
China central bank issued 5 billion yuan about 71976 million US dollars worth of bills in Hong Kong on Tuesday These central ... ( read original story ...)
Hong Kong to decide on further Covid relaxation ‘soon’, says city leader
Hong Kong's leader on Tuesday said he will soon make a decision on further relaxing coronavirus restrictions, as residents and businesses decry quarantine .. ( read original story ...)
China EV maker seeks $1bn in Hong Kong’s biggest IPO of 2022
Electric vehicle maker Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite ... ( read original story ...)
Chinese EV maker Leapmotor to price Hong Kong IPO, aims to raise up to US$1 billion while braving shaky market
The IPO price range will be between HK$48 and HK$62 each, with five cornerstone investors buying US$308 million worth of shares, according to a filing Leapmotor faces a less welcoming market than the ... ( read original story ...)
China leaves lending benchmarks unchanged amid global rates squeeze
People wearing face masks walk past the headquarters of Chinese central bank People's Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo/File Photo ... ( read original story ...)
Chubb in Talks for Tie-Up With Hong Kong’s Hang Seng Bank
Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, according to people familiar with the ... ( read original story ...)
Chinese EV maker Zhejiang Leapmotor plans to raise over $1 billion in Hong Kong IPO
Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list ... ( read original story ...)
Hang Seng Investment Marks Major Milestone with Inauguration Ceremony to Celebrate New Role as Manager of Tracker Fund of Hong Kong
Hang Seng Investment Management Limited ('HSVM'), which is a wholly-owned subsidiary of Hang Seng Bank ('Hang Seng'), today (19 September 2022) officially took up its new role as manager of the ... ( read original story ...)
Hong Kong Bankers Might As Well Be Quiet Quitting Now
Quiet quitting, where you don’t quit the job but no longer subscribe to the culture that work is your life, is alien to Hong Kong’s diligent financ. But conditions are ripe for them to stop hustling ... ( read original story ...)
PCAOB Begins Audit Reviews
Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. ( read original story ...)