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 full-year profit falls 7.4% but beats estimates
HONG KONG, Feb 25 (Reuters) - HSBC Holdings reported a 7.4% decline in full-year pretax profit on Wednesday. After an unusually strong 2024, Europe's largest bank posted a pretax profit of $29.9 ...
Understanding HIBOR: Hong Kong’s Interbank Rate Explained
Learn about HIBOR, the benchmark interest rate in Hong Kong for interbank lending; its functions, workings, and criticisms; and how it impacts financial markets.
Hong Kong Stablecoin Firm RedotPay Plans US Listing
Hong Kong Stablecoin firm RedotPay considers a major US IPO, seeking over $1 billion, signaling rising Wall Street support for stablecoin payment infrastructure growth.
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
From the yuan's growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing's ambitions When Wilson Chan Fung-cheung joined Hong Kong's banking industry as a ...
Hong Kong’s gold hub push signals China’s ambition to shape global bullion trade
Hong Kong plans 2,000-tonne storage capacity, state-backed clearing system and deeper Shanghai-Shenzhen integration to expand China’s influence in global bullion pricing ...
RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report
Hong Kong-based stablecoin payments company RedotPay is reportedly weighing a US initial public offering (IPO) that could raise more than $1 billion and value the company at over $4 billion. The ...
HK-based stablecoin payments firm RedotPay said to consider US$1 bil US IPO — Bloomberg
RedotPay, a stablecoin payments firm based in Hong Kong, is considering an initial public offering in the US to potentially raise over US$1 billion, according to people familiar with the matter.
Whoscall Releases Annual Report: Hong Kong Scam Drop 27% YoY; “Finance & Investment” Nuisance Calls Top the List at Nearly 60%
Whoscall, the leading digital anti-scam App under TrustTech provider Gogolook, today released its 2025 Annual Report. For the first time, the report provides a deep dive into Hong Kong's digital scam ...
More banks catch on to Hong Kong’s housing rebound, upgrade market forecast
JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations Global investment banks are rallying behind a more bullish ...
AGTech to Help Build One-Stop Trading Services Platform as Hong Kong Gold Exchange Opens for the Year of the Horse
HONG KONG, HK / ACCESS Newswire / February 23, 2026 / The Hong Kong Gold Exchange (HKGX) held its Chinese New Year market opening ceremony today. Attendees included, Mr Joseph H. L. Chan, Under ...
Hong Kong finance hiring rises on IPO revival, but cost cuts persist
Hiring in Hong Kong finance rose by 4,800 roles in the year to September, official figures show, as listings and trading gathered pace Some financial firms have stepped up hiring amid a market rally ...
Hong Kong, UAE solidify financial links with deeper regulatory ties, digital assets focus
Transaction volume under Project mBridge surged over 2,500-fold from the early 2022 pilot levels to more than US$55 billion by November 2025 Deeper regulatory ties and a shared push for new growth ...
Hong Kong budget 2026-27: what’s holding back the city’s tech and talent schemes?
Finance chief's blueprint seen as gauge for officials' 'reform mindset' following Beijing's 15th five-year plan recommendations Hong Kong's coming annual budget must address critical bottlenecks in ...