Investing.com-- Most Asian stocks moved in a flat-to-low range on Friday, reeling from steep losses this week as hawkish central bank signals and rising yields battered sentiment, although a rebound ...
HSBC executive to exit after deploring UK’s stance on China – Bloomberg News
HSBC Holdings Plc's head of public affairs Sherard Cowper-Coles will step down after making controversial remarks about the British government's handling of its relationship with China, Bloomberg News ...
Hong Kong Shares Tipped To Bounce Higher On Friday
The Hang Seng Index now sits just shy of the 17,373 ... Henderson Land added 0.20 percent, Hong Kong & China Gas retreated 2.20 percent, Industrial and Commercial Bank of China shed 1.07 percent, ...
StanChart HK 8M23 No. of Premium Clients’ New Accounts Up 1.5x; Cross-border Insurance Sales Exceed Pre-Covid Level
Stephen Man Wai-shing, head of consumer, private and business banking with Standard Chartered Hong Kong, expressed that, over the first eight months of 2023, the number of new accounts set up by ...
Hong Kong’s retail green bonds attract ‘record’ number of subscribers, subscription amounts amid ‘uncertainty in the local stock market’
Hong Kong’s latest offering of retail green bonds has logged a ‘record’ number of subscribers as well as record subscription amounts, as Hong Kong investors turn towards a safer investment option in a ...
Exclusive-HSBC to Acquire Citigroup China Consumer Wealth Business -Sources
HONG KONG (Reuters) - HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a ...
Citi Planning to Sell China Retail-Wealth Unit to HSBC, Source Says
By Elaine Yu and Matthew Thomas Citigroup is in talks to sell its retail-wealth business in China to British rival HSBC, according to a person familiar ...
China’s Neusoft Xikang sinks 35% in Hong Kong trading debut, while AI firm gains
Shares in Chinese hospital cloud software firm Neusoft Xikang slumped nearly 35% in the company's Hong Kong trading debut on Thursday, as sentiment towards some new share sales remained weak.
Hong Kong Finance Chief Hints at Easing Property Market Curbs
Hong Kong’s government is “constantly reviewing” the property market environment with a pragmatic attitude, Financial Secretary Paul Chan said in the latest hint at potentially easing curbs.
Trading of heavily indebted China Evergrande suspended in Hong Kong
The suspension comes after Bloomberg News reported that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month and placed ...
Hong Kong fintech unicorn WeLab targets eight-fold growth in customers, tapping digital banking demand in Southeast Asia
Co---found-ed by Loong in 2013, WeLab is a home-grown unicorn backed by billionaire Li Ka-shing and others WeLab plans to introduce digital banking in Indonesia via BJJ, which is now a traditional ...
‘I felt ashamed and lost’: Hong Kong NGO charts emotional cost paid by family members of gambling addicts
Experts at Zion Social Service Yuk Lai Hin Counselling Centre call for more education on financial literacy to minimise risk of gambling.
Green finance path Hong Kong’s best way to go
In the wake of its own extreme weather events, the city can put its unique business advantages to work by helping both the Earth and corporate bottom lines Protests demanding faster action against ...
HSBC: 2023 inflation expected to hit 5.9%
INFLATION pressures will likely prompt Philippine monetary authorities to hike key interest rates again, Hong Kong and Shanghai Banking Corp. (HSBC) economists said. HSBC raised its 2023 domestic ...