Executives at the lender are understood to believe that a separation would be costly and disrupt its international trade business. ( read original story ...)
Hong Kong’s finance chief warned the city to prepare for a geopolitical “worst-case scenario”
The city's finance chief has issued a warning that Hong Kong must be fully prepared for the worst of upcoming geopolitical te..|News Track ... ( read original story ...)
Hong Kong’s Hang Seng drops more than 2% with tech stocks under pressure; yen strengthens
Hong Kong's Hang Seng index fell more than 2% on Friday as tech stocks came under pressure. Hang Seng heavyweights Alibaba and Meituan dropped more than 5% each. Thailand's market is closed for a ... ( read original story ...)
Will sharp rises in interest rates diminish Hong Kong’s love affair with property?
Housing prices in the city have risen in three of the past five rate-rising cycles since 1993, according to JPMorgan Concerns about the city's slowing economy, restrictions to control the pandemic ... ( read original story ...)
HKMA buys HK$1.92 billion from market as currency hits weak side of trading band
Hong Kong's de-facto central bank bought HK$1.923 billion ($245 million) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong ... ( read original story ...)
Techs Sinks Hang Seng More than 2%
Hong Kong’s Hang Seng index fell more than 2% on Friday as tech stocks came under pressure. In Japan, the Nikkei 225 retreated 13.84 points, or 0.1%, to 27,801.64. Japan’s industrial output jumped 8.9 ... ( read original story ...)
Hong Kong IPOs fill ECM deal pipeline
A cloud computing giant, a fruit distributor, and trio of medical companies seek IPOs ... ( read original story ...)
HSBC APAC CMO Suresh Balaji sets to leave firm after 17 years
Suresh Balaji is stepping down as chief marketing officer at HSBC APAC. According to his LinkedIn, Balaji said his role at HSBC has commenced countdown after staying at the company for 17 years, ... ( read original story ...)
Hong Kong stocks post biggest monthly drop in a year, dragged by tech shares
Hong Kong stocks ended lower to post the biggest monthly drop in a year on Friday, pressured by sharp losses in major tech firms, which reignited investor worries over clampdown on the tech sector, ... ( read original story ...)
HSBC Holdings set to face HK shareholders amid Ping An battle
HSBC Holdings Plc executives and directors will do something next week that they haven’t done in three years: Meet their Hong Kong shareholders face-to-face. ( read original story ...)
After US fed hike, Hong Kong raises benchmark interest rate by 75 basis points
With this hike in interest rates, the attention is most likely to Hong Kong banks -- including HSBC Holdings Plc and Standard Chartered Plc -- that have so far this year maintained their best lending ... ( read original story ...)
HANG SENG BANK Keeps Prime Lending Rate at 5%
HANG SENG BANK (00011.HK) announces that its Hong Kong dollar prime lending rate remains unchanged at 5% p.a. Hong Kong dollar savings deposit rates also remain unchanged, with a 0.001% p.a. interest ... ( read original story ...)
Hong Kong stocks end with losses
Hong Kong stocks fell on Thursday, bucking a rally across world markets, as another interest rate hike by the Federal Reserve forced the city’s central bank to lift its own borrowing costs and put ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Sees Large Drop in Short Interest
Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decrease ... ( read original story ...)