FWD Group seeks to raise additional capital through private round, pauses IPO strategy amid weak market conditions.
HSBC targets Asia growth amid pressure from top shareholder
HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region.The banking giant told investors it is aiming ...
Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly
The branch offers a designated pet-friendly waiting area. Hang Seng Bank has upgraded its Hysan Avenue Branch at Causeway Bay to become Hong Kong’s first pet-friend branch, the bank said in a press ...
HSBC targets ‘mid-teens’ Asia returns amid Ping An pressure
Top shareholder Ping An Insurance Group has criticized the bank’s current model in Asia as being inefficient. Read more at straitstimes.com.
Hong Kong stocks fluctuate as China’s central bank injects more long-term liquidity amid signs of weak demand
China's central bank kept its medium-term lending interest rate at 2.75 per cent for the ninth straight month, in line with market expectations The People's Bank of China offered 125 billion yuan ...
Hong Kong mortgage frenzy sees banks go big on cash handouts
Fierce competition for new mortgage customers driving banks to offer the highest cash rebates in nearly two decades. Read more at straitstimes.com.
Hong Kong has subsidised over 220 green and sustainable debt instruments with over US$71.5 billion in issuances, treasury chief Christopher Hui says
Government will continue to accelerate the development of Hong Kong into an international centre for green and sustainable finance, Hui tells event The green and sustainable finance grant scheme ...
REFILE-UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO
May 12 (Reuters) - Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong ...
Hong Kong’s economic growth will reach top end of government’s annual forecast if strong recovery continues, expert says
Continued improvement in tourism and local spending will drive gross domestic product to upper range of forecast, government economist Adolph Leung says.
Goldman Sees Opportunity in Hong Kong Banks Amid Surging Hibor
Stock investors are in danger of missing a buying opportunity from the recent surge in Hong Kong’s interbank rates, according to Goldman Sachs Group Inc.
Goldman Sees Opportunity in Hong Kong Banks on Surging Hibor
Stock investors are in danger of missing a buying opportunity from the recent surge in Hong Kong’s interbank rates, according to Goldman Sachs Group Inc.Most Read from BloombergElon Musk Says He’s ...
Hong Kong to speed up development into International green and sustainable finance centre
Hong Kong will continue to accelerate development into an international center for green and sustainable finance, with industry-leading progress made over the years, an official of the Hong Kong ...
UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO
Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong listing by May 25.
Hong Kong stocks fall for a second straight day as investors await US inflation data, progress on debt-ceiling talks
Hong Kong stocks extended their decline for two days in a row, adding to the 2.1 per cent slump in the previous session. State-owned banks were among the big losers.