Asian equities rebound from 10-month lows amid the thin volume due to the holidays in China and South Korea. Headline Tokyo Consumer Price Index (CPI) for September eased to 2.8 YoY vs. 2.9% prior.
Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform
The virtual-only bank is also gearing up to launch a new app interface. Hong Kong virtual bank Mox is celebrating its 3rd anniversary with Unlimited CashBack rewards for Mox Credit customers. From 26 ...
Bank of East Asia redesigns Mongkok branch
The bank has created a digital zone at the ground floor. The Bank of East Asia (BEA) has redesigned its Mongkok branch to enhance cross-boundary connectivity and provide a new setting to customers.
Alibaba’s Cainiao listing too little for Hong Kong’s bad IPO year
HONG KONG -- Initial public offerings on the Hong Kong Stock Exchange are still on track for the worst year in over two decades despite Alibaba Group Holding's move to list its logistics arm for more ...
Asian stocks struggle as rate fears linger, Hong Kong rebounds
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 ...