HSBC has introduced a digital Lombard lending service for its high-net-worth and ultra-high-net-worth clients in Hong Kong to support their wealth management needs.
Asia markets trade mixed; ASX hits two-week high as banking fears ease
Asia-Pacific markets were trading mixed on Thursday, with Australia's benchmark index hitting a two week high as concerns on the recent banking turmoil in the U.S. and Europe ease. In Australia, the S ...
Hong Kong police crack money-laundering syndicate suspected of processing HK$119 million in 2 months
Police arrest 11 suspects in operation on cross-border syndicate suspected of handling scam proceeds Scams took place in mainland China and included investment frauds, fake-official scams and ...
Stocks firmer as investors bet banking crisis is behind them
The Tokyo Stock Exchange (TSE) building is seen in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato ...
Hong Kong’s ‘perfect’ liveability, low taxes are advantages as global finance hub: Paul Chan
Hong Kong's finance chief Paul Chan highlights city's advantages like low taxes, 'perfect' liveability, government-backed ecosystem for start-ups He also makes a strong pitch for the city boosting its ...
Hong Kong police seek HK$5.2 billion for new 5G system to handle ‘massive’ data gathered by frontline officers
The HK$5.2 billion will cover expenses across six financial years, including HK$1.28 billion for ... imposed export bans on defence equipment and dual-use technologies to Hong Kong, hours after ...
‘Companies are holding out’: Global IPO market slump endures
Ringo Choi, EY’s IPO leader for Asia Pacific — a region that saw a dip ... which could spur a revival, Choi noted. Hong Kong’s Chief Executive John Lee, for example, recently traveled to Saudi Arabia ...
Black Ferns Sevens and All Blacks Sevens set their sights on Hong Kong return
The All Blacks Sevens and Black Ferns Sevens teams return to the HSBC Hong Kong Sevens this weekend. After successfully qualifying for the 2024 Paris Olympics and securing their fourth successive ...
Chinese Tycoon’s $271 Million Mansion Seized in Hong Kong
A Chinese tycoon’s $271 million mansion in the luxurious Peak neighborhood of Hong Kong was taken away by a bank, just years after the businessman made headlines with his record-breaking shopping ...
Hong Kong stocks waver as Alibaba and Kuaishou extends rally while China Life slumps on earnings concerns
Most Hong Kong stocks weakened as losses Baidu and China Life dragged the benchmark index down from a three-week high. Alibaba Group reached a five-week high, while Kuaishou Technology and PetroChina ...
HSBC HOLDINGS Drifts Lower by Almost 6% on Fear of High-risk Bond Exposure
HSBC HOLDINGS (00005.HK) drifted 5.9% lower to close the midday at $50.65, as risk aversion was fueled further by HSBC's high-risk bond exposure linked to Credit Suisse (CS.US)... Prior to this, ...
IPO funds raised globally may have plummeted 61 per cent in first quarter amid banking crisis, high inflation, EY says
"This has affected the number of IPOs in the first quarter. "Hong Kong, which is an international financial centre, was more affected by international events such as the banking turmoil in the United ...
Logistics startup Lalatech files application for Hong Kong IPO
has submitted an application to the Hong Kong stock exchange for an initial public offering (IPO). Founded in 2013 as a mobile app-based on-demand delivery service platform, the company operates under ...
Hong Kong must ‘embrace and facilitate’ movement of global firms to city, says finance chief Paul Chan
Hong Kong’s place as one of the world’s top financial hubs is based not only on its ready access to mainland capital and as the home ground for many Chinese firms, but also due its attractiveness for ...