Hong Kong and Thailand have officially launched the FPS x PromptPay Link for cross-border QR payment between the two markets. The initiative is expected to provide fast, secure, and easily accessible ...
Hong Kong leader points to economic strides as finance chief warns of looming deficit
Chief Executive John Lee urges residents not to belittle themselves or city’s economic progress since emerging from ‘haze of pandemic’.
Bank of Singapore grows its Hong Kong senior team
T he Greater China, Hong Kong branch of Bank of Singapore will name Rickie Chan as its head of private banking. Presently serving as the head of the Greater China branch in Hong Kong, Teresa Lee will ...
BNP Paribas, HSBC investigated for naked short selling
A group of lawyers has filed a complaint against the Hong Kong offices of BNP Paribas and HSBC with the Seoul Southern Prosecutors’ Office, Sunday, over a combined 56 billion won ($42 million) in ...
How Hong Kong Attracts the Ultra-Wealthy
Wong says that when he visits UBP offices in Geneva or London, the Hong Kong office is regarded as the “eyes and ears on the ground as to understand what is going on in China”, as the bank’s experts ...
Embracing the power of Innotech: HSBC’s SMART Community Hackathon empowers Hong Kong’s future leaders
part of the HSBC Hong Kong Community Partnership Programme and supported by The Hongkong Bank Foundation, empowers young minds to become the leaders of tomorrow by focusing on future skills, green ...
Thailand, Hong Kong launch cross-border QR payments
Thailand's central bank and the Hong Kong Monetary Authority on Monday launched a link for cross-border QR payments, they said in a joint statement.
Hong Kong court delays Evergrande’s hearing on its debt restructuring to January
A Hong Kong court postponed until Jan. 29 a court hearing scheduled for Monday on troubled Chinese property developer Evergrande’s winding-up petition.
Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head
Ricki Chan (陳偉名) was appointed as the head of private banking, Greater China, Hong Kong branch. Teresa Lee (李凱琳), who is the current head of Greater China, Hong Kong branch, will take on the new ...
China Evergrande liquidation hearing in Hong Kong court adjourned to January
A court hearing into a liquidation petition filed against China Evergrande Group was adjourned in a Hong Kong court to next month, allowing more time to finalise a debt restructuring proposal in a ...
Hong Kong stocks approach 13-month low after JPMorgan, HSBC cast doubt over growth hopes into 2024
Hong Kong stocks dropped to the lowest level in nearly 13 months after JPMorgan and HSBC predicted another bumpy year ahead amid economic headwinds. Better-than-expected data on manufacturing activity ...
Hong Kong market indicators show city still ‘brilliant’ global financial centre, John Lee says, despite concerns amid flagging IPO figures
Chief Executive John Lee Ka-chiu has said market indicators show Hong Kong remains a leading international financial centre despite concerns over the city’s appeal amid shrinking IPO proceeds. The ...
Hong Kong minister hits out at claims that city’s days as global financial hub are over
Hong Kong’s status was ‘not a tall building or a monument that can be brought down by pressure,’ treasury secretary Christopher Hui says.
HK’s financial market remains resilient: Hui
Financial services chief Christopher Hui on Friday brushed aside online remarks that Hong Kong is now just a “relic” of an international financial ...