Brii Biosciences Ltd. and Broncus Holding Corp. were among Hong Kong-listed firms that disclosed cash deposits at troubled US lender Silicon Valley Bank, with most emphasizing the amounts were ...
Nikkei and other Asian markets sink on jitters after U.S. bank crisis
Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world.
Hong Kong to host world’s central bankers next week for Basel committee meetings as city shows it is ‘back to normal’
The Basel Committee on Banking Supervision will hold closed-door meetings ahead of the the HKMA-BIS Joint Conference 'We can show the world that Hong Kong is fully back to normal,' says Arthur Yuen, ...
Six Hong Kong-Listed Firms Say Their Deposits at SVB Are Immaterial
Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S. lender and its impact on ...
Hong Kong Stocks End More Than 3% Lower
Hong Kong stocks plunged Friday following a rout on Wall Street fuelled by worries over the banking sector, while traders are also awaiting the release of key US jobs data.
Hong Kong leader John Lee pledges to gain more policy support from Beijing as he leads largest delegation to capital amid ‘two sessions’
Ahead of his departure, Chief Executive John Lee says he is leading eight bureau chiefs to meet mainland Chinese officials Lee says he will attend closing ceremony of National People's Congress on ...
All you need to know about Hong Kong’s 2023 round of consumption vouchers
First instalment will be disbursed from April 16 to payment platform residents chose for previous batch Permanent residents and certain new arrivals will receive HK$5,000, while others will get ...
Hong Kong court jails three members of Tiananmen vigil group
Three former members of a Hong Kong group that organised annual vigils to mark China's 1989 Tiananmen Square crackdown, were jailed on Saturday for four and a half months for not complying with a ...
‘We won’t sell land at dirt cheap prices,’ Hong Kong’s finance chief says, vowing to focus on stable housing supply for society
Financial Secretary Paul Chan reaffirms government's commitment to land policy after year's first sale of commercial plot fetches 35 per cent less than low end of valuation Government to place 18 more ...
Cathay’s people problem is Hong Kong’s too
HONG KONG, March 10 (Reuters Breakingviews) - Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy ...
HSBC Shareholder Group Pushes for Resolutions to Boost Dividend
An HSBC Holdings Plc activist shareholder in Hong Kong is pushing the lender to allow investors to vote on a plan that requires the bank to provide regular updates on the restructuring of its Asian ...
Hong Kong’s Cathay Pacific posts loss of HK$6.5 billion for 2022, but vows to rebuild brand
Cathay chairman Patrick Healy says Covid-19 pandemic marked difficult time, but group will now focus on reconnecting with mainland ChinaAirline expected to reach 70 per cent of pre-Covid passenger ...
HKEX readies ‘game-changer’ IPO rules that promise to open funding taps for Hong Kong technology start-ups
The exchange is slashing valuation prerequisites and will consider IPOs by five types of Big Tech firms, including pre-revenue companies UBS and Haitong International both report strong issuer ...
UPDATE 1-China stocks end lower, recovery doubt sinks Hang Seng to 11-week low
China and Hong Kong stocks extended losses on Friday, led by automobile stocks and select internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after ...