Christine Choi says the ‘very pragmatic approach’ will ensure it will take around five years to touch 40 per cent target for non-local students ...
Hong Kong ELS loss compensation unlikely to affect banking shares
Brokerage industry forecasts suggest that the recently announced, stricter-than-expected compensation guidelines for losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises ...
Standard Chartered HK’s priority banking clients doubled in 2023
The bank recently released the Hong Kong Affluent Travel Study 2024, which found that high net worth individuals (HNWIs) in the city plan to spend HK$870,000 for travelling this year. On average, ...
Hong Kong’s status as green finance hub in danger from ‘loopholes’, lack of greenwashing checks: Greenpeace
The city needs to set financing volume targets, restrict fossil fuel financing and enact a specialised anti-greenwashing law, environmental group says Government is pursuing multipronged strategy ...
HSBC’s Luanne Lim Appointed as Board Member of FSDC
The HK Government announced that the Chief Executive appointed Luanne Lim Hui-hung as a member of the Board of Directors of the Financial Services Development Council (FSDC), for a... The HK ...
PING AN (02318.HK) Subsidiary Ping An Bank Logs Profit of RMB46.455B in 2023, Up 2.1%
PING AN (02318.HK) announced the 2023 annual results of its subsidiary PING AN BANK (000001.SZ).The bank's operating revenue was RMB164.7 billion, down 8.4% YoY. Net profit att... During the year, ...
RMB471.5M Net Inflow to PING AN BANK from Northbound Trading of SZ-HK Connect
For Northbound Trading of Shanghai-Hong Kong Stock Connect, the most active stocks with net inflow in pecking order were HENGRUI PHARMA (600276.SH) (RMB359.7 million), SERES (60112... At close, ...
Didi Global’s Revenue Jumps Ahead of Planned Hong Kong IPO
Didi Global Inc.’s fourth-quarter revenue rose 55% from a year earlier, sustaining the Chinese ride-hailing leader’s gradual recovery ahead of a planned listing in Hong Kong this year.
HSBC celebrates longstanding relationship between Bangladesh and China
The Hongkong and Shanghai Banking Corporation Limited (HSBC) recently hosted ‘Bangladesh-China Business Connections’ event bringing Chinese businesses, institutions together to celebrate the long ...
Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking
HONG KONG SAR - Media OutReach Newswire - 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to ...
Didi Global’s Revenue Jumps Ahead of Its Planned Hong Kong IPO
Didi Global Inc.’s fourth-quarter revenue rose 55% from a year earlier, sustaining the Chinese ride-hailing leader’s gradual recovery ahead of a planned listing in Hong Kong this year.
Hong Kong’s new national security law comes into force
The law took effect days after Hong Kong's pro-Beijing lawmakers passed it unanimously, fast-tracking legislation to plug what authorities called national security loopholes.
BOC Aviation Completes Repossession Of Russian AirBridgeCargo Boeing 747s
AirBridgeCargo in Russia at the start of the full-scale invasion of Ukraine. The last aircraft, a nine-year-old 747-8F, flying with its Bermudan registration of VQ-BFU, arrived at Shanghai’s Pudong ...
Hong Kong stocks jump after US Federal Reserve’s dovish signals, property sector outperforms on rate cut hopes
Hong Kong stocks made a firm start after the US Federal Reserve’s dovish outlook brightened the prospects of lower funding costs in the months ahead.