"The decline in HSBC's stock is purely due to profit-taking" After the US released inflation data, HSBC (00005) was significantly pressured, with intraday losses expanding to nearly 3%. Kingston Lin ...
Chinese sales of bonds backed by bad bank loans hit new high
HONG KONG -- Chinese banks are increasing their sales of bonds backed by bad debts, but the market's growth has yet to ease investor concerns about the quality of assets held by lenders in Asia's ...
Hong Kong remains an ‘ideal option’ for international investment despite capital market pressures, finance chief says ahead of World Economic Forum meeting
Investment opportunities have become more attractive despite high global interest rates, finance chief Paul Chan says Chan's positive assessment comes amid a four-year slump in the city's stock ...
Banks face rising bill as HK-tied ELS misselling claims soar
The equity-linked securities fiasco is turning into a reality for South Korean banks as a load of the derivative products tied to the slacking Hong Kong's benchmark Hang Seng China Enterprises Index ...
Hong Kong a market with great growth potential: FS
Financial Secretary Paul Chan on Sunday hailed Hong Kong as one of the markets that offers the most potential for growth. Writing on his blog, he ...
As Hong Kong’s economy sputters, it’s time to face the new reality
The falling visitor numbers, increase in Hongkongers heading to the mainland and a patchy economic recovery call for a clear-eyed recognition of the changed business environment The government must ...
Hong Kong to sell smaller plots of land to boost sales amid slow economy, development chief says
Development minister Bernadette Linn says past experience suggests developers more interested in smaller plots of land during economic downturn Linn says another way to boost interest is to provide ...
Lianlian applies to revive its Hong Kong IPO as Ant Group’s rival takes a second stab at raising funds
Hong Kong, the world’s top IPO destination in seven of the past 15 years, fell to 8th place last year, a miserable year at a two-decade trough, as 68 companies raised US$5.9 billion, according to ...
US sanctions Hong Kong, UAE firms over ‘financial support’ to Houthi rebels
of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to the Yemen-backed group. According to a ...
Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower
The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the ...
US sanctions Hong Kong, UAE firms over Houthi support
Washington announced fresh sanctions on two companies based in Hong Kong and the United Arab Emirates, aiming to curb the financial support to Iranian ...
Hong Kong considering tuition fee hike for public universities after over 20 years of no increases: minister
Secretary for Education Christine Choi says her bureau will review tuition fees under user-pays principle, after finance chief eyes increasing public service charges.
Hong Kong a cautionary tale as China looms over Taiwan’s election
As Taiwan heads to the polls this weekend in an election bound to shape its relationship with China, voters are being called to think of Hong Kong.
BOC Hong Kong (Holdings): A Buy Rating on Strong NII, Dividend Appeal, and Positive 2024 Outlook
In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...