Northern Metropolis, San Tin Technopole cornerstones of innovation and technology strategy, finance chief Paul Chan says in budget address Hong Kong is betting big on innovation, artificial ...
Hong Kong to speed up stock settlement time to catch up with West, mainland China
HKEX proposes to shorten stock settlement cycle from current two days after transactions to one day to bolster city as global financial centre.
HSBC shares hit record as bank accelerates cost savings and lifts target
HSBC has said it will not make further share buybacks until its capital ratios have improved following its $14bn privatisation of Hang Seng Bank, potentially extending its previous warning of a ...
Hong Kong 2026-27 Budget: Driving High-Quality, Inclusive Growth with Innovation and Finance
Paul Chan, Financial Secretary of the Hong Kong SAR Government, delivered his 2026-27 Budget today (February 25), with a range of initiatives to support and diversify Hong Kong's economic growth, ...
Hong Kong finance chief tips up to 3.5% growth this year
Hong Kong's finance chief tipped another year of economic growth in 2026 as he unveiled his annual budget on Wednesday with plans for investment in innovation zones and AI training.
Stablecoin payments firm RedotPay eyes $1bn US IPO- report
Hong Kong-based cryptocurrency payments platform RedotPay is reportedly planning an initial public offering (IPO) in the US. The company is aiming to raise more than $1bn through the listing, ...
HSBC on track to deliver cost savings six months early
HSBC has said it will not make further share buybacks until its capital ratios have improved following its $14bn privatisation of Hang Seng Bank, potentially extending its previous warning of a ...
HSBC lifts investment plan in Hong Kong, other high-growth markets to US$1.8 billion
HSBC’s pre-tax profit last year declined to US$29.9 billion from US$32.3 billion a year earlier, but beat analysts’ estimate of US$28.86 billion.
HSBC says capital ratios need to improve before it resumes buybacks
HSBC has said it will not make further share buybacks until its capital ratios have improved following its $14bn privatisation of Hang Seng Bank, potentially extending its previous warning of a ...
HSBC Lifts Earnings Target, Annual Profit Dips but Beats Estimates
HSBC said it was raising its target for return on tangible equity, a key measure of profitability for banks, to "17% or better" through 2028, up from its "mid-teens" target set for the three years ...
HSBC share price soars in Hong Kong as wealth unit boosts earnings
The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is nearing its all-time high of $141.5, up by 102% from its lowest level in April ...
Why Hong Kong remains a strategic financial base for high-net-worth Filipinos
For HNW Filipinos, Hong Kong’s appeal lies in the way its capital markets, innovation ecosystem, regulatory transparency and tax efficiency work together. Global economic conditions are evolving, but ...
HSBC logs decline in annual profit on impairments, raises key target
HSBC took subsidiary Hang Seng Bank private in a $13.7 billion deal last year. It said on Wednesday that their combined banking operations would target $900 million in pre-tax revenue and cost ...
HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the bank's estimates.