Hong Kong banks kept their prime rates unchanged on Thursday after the Hong Kong Monetary Authority (HKMA) held its base rate steady in line with ...
Hong Kong’s New Security Law Brings Anxiety to Finance Hub
Hong Kong’s leader John Lee has spent the past year trying to revive the city’s business environment that’s been battered by pandemic curbs and China’s economic slowdown. His decision to enact a ...
UPDATE 1-Hong Kong insurer FWD Group cuts around 50 jobs – sources
Hundreds of jobs have been cut among the major bulge bracket banks as Hong Kong IPO volumes fell to the lowest level in more than 10 years as the result of higher interest rates and ongoing global ...
Hong Kong insurer FWD Group said to have cut around 50 jobs, some in Singapore
SYDNEY - Asia-focused insurer FWD Group has cut around 50 jobs in its head offices this week, according to two sources with direct knowledge of the matter. Read more at straitstimes.com.
Hong Kong Stock Market May Extend Thursday’s Gains
The Hong Kong stock market on Thursday ended the two-day losing streak in which it had tumbled almost 600 points or 3.8 percent. The ...
Chinese mainland, Hong Kong move to promote financial cooperation, connectivity
BEIJING, Feb. 1 (Xinhua) -- China's central bank and the financial authority of the Hong Kong Special Administrative Region have jointly rolled out new measures to strengthen financial cooperation, ...
Hong Kong property deals surge to their highest since August as stable interest rates lure buyers
On Thursday, HSBC, Hong Kong’s largest lender, said it was keeping its prime rate unchanged at 5.875 per cent, while deposit rates were kept steady at 0.875 per cent per annum. Hang Seng Bank also ...
Stimulus Moves Give China And Hong Kong Stocks A Lift
Chinese and Hong Kong shares rallied again, propelling the Hang Seng another 545 points higher, a 3.6 percent jump from the previous close. Policy stimulus did not stop there. The central bank also ...
Hong Kong, Korea markets trade higher; India’s Paytm plunges 20%
Private PMI surveys show the worst of the slowdown in manufacturing activity in Asia, outside of China and Japan, could be over.
Hong Kong shares rise as Nikkei 225 declines
Hong Kong's Hang Seng Index HK:HSI increased 0.5% to 15,566.21 ... Shares of commercial banking firm China Merchants Bank HK:3968 and real estate services/transactions company Longfor Group Holdings ...
Hong Kong’s banks hold prime rates steady after Fed’s unanimous vote to ‘keep options open’ on when to start cutting the cost of money
Hong Kong's banks said they would keep their prime rates unchanged in line with the city's monetary authority, offering a breather to businesses and mortgage borrowers as the economy struggles to ...
Economic Watch: Chinese mainland, Hong Kong move to promote financial cooperation, connectivity
BEIJING, Feb. 1 (Xinhua) -- China's central bank and the financial authority of the Hong Kong Special Administrative Region have jointly rolled out new measures to strengthen financial cooperation, ...
HSBC holds prime rate steady after Fed’s unanimous vote to ‘keep options open’ on when to start cutting the cost of money
HSBC led Hong Kong's banks in keeping prime rates steady, following the lead of the city's monetary authority and offering a breather to businesses and mortgage borrowers as the economy struggles to ...
HSBC HOLDINGS Buys back ~5.2M Shrs in Total for HKD310M+ Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 5.1952 million shares of the company in total yesterday (25th) in the UK and Hong Kong markets, involving a total of over HKD... HSBC HOLDINGS ...