"Iran cultivates complex sanctions evasion networks where foreign buyers, exchange houses, and dozens of front companies cooperatively help sanctioned Iranian companies to continue to trade," said ...
Fintech summit: young blood, fresh ideas are key to Hong Kong’s digital finance future, say industry leaders
Financial Secretary Paul Chan said the city's access to the Greater Bay Area provides a huge advantage for fintech companies Hong Kong is becoming a 'Silicon Valley and Wall Street all in one', HKEX ...
HSBC GLOBAL PRIVATE BANKING WOMEN’S FORUM 2023
HSBC Global Private Banking ("HSBC GPB") hosted its annual "Women's Forum 2023". Themed "Championing Tomorrow. Amplifying Voices", the event honours women's role as champions of enablement and ...
Australia politics live: NAB passes on full rate hike; pre-departure Covid testing to end for China, Hong Kong, Macau travellers
Follow live ...
Hong Kong stocks slide for third day, dipping below 20,000-point mark amid impending restrictions on chip-making machines
Tech stocks lead the decline as the Netherlands proposes curbing exports of machines that are critical to producing advanced chips The new rules add to investor concerns about China stepping up ...
Analysis: China’s financial regulatory revamp raises hope, some concern over control
A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party intervention.
Hong Kong stocks fall 2% as Fed’s Powell hints at more rate hikes ahead
Hong Kong shares dropped more than 2% after Jerome Powell cautioned that interest rates may need to be higher than the central bank expected.
Tech stocks slump in Hong Kong as China regulatory overhaul induces caution while traders bet on more aggressive Fed tightening
China is putting more power under new national agencies to oversee the local financial markets, as well as data security amid US tech rivalry Traders raised bets on higher rates after Fed Chair Powell ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
HONG KONG, March 8 (Reuters) - Chinese online fashion retailer SHEIN ... The company last month held initial talks with several investment banks to pick lead bookrunners for the U.S. IPO, said two of ...
Tech stocks sink as Hang Seng slips below 20,000 points amid China regulatory overhaul, hawkish Fed policy tone
Hong Kong stocks slumped by most in five weeks amid China’s moves to strengthen its regulatory oversight of the financial markets and preparing plans to overcome US technology curbs. Traders bet the ...
Chinese bank earnings threatened by early mortgage payments
Chinese banks are facing a new earnings challenge as growing numbers of homebuyers pay off their mortgages ahead of schedule, threatening lenders with the loss of years of anticipated interest income.
Hong Kong Stocks Open With A Big Loss
Hong Kong stocks tumbled more than one percent at the open Wednesday after Federal Reserve boss Jerome Powell warned the bank will continue to hike interest rates as it tries to quell inflation.
Hong Kong’s Octopus plans to double investments, spend millions on consumption voucher offers, new chairwoman says
Octopus has no plans to seek initial public offering, non-executive chairwoman Jeny Yeung says Yeung adds use of Octopus UnionPay increased after reopening of border with mainland China Hong Kong's ...
Hong Kong’s global financial status is at risk, report says
Beijing is changing Hong Kong's political norms, raising new concerns about the institutions underlying the city's previous prosperity and potentially putting its status as a global financial hub at ...