But rising interest rates and ongoing geopolitical tensions threaten growth. Hong Kong’s credit and charge card payments market will be valued $106.7b (HK$831.9b) by 2026, according to a report by ...
Hang Seng Index: Excitement as Golden Cross Forms
What is the outlook of the Hang Seng index as the golden cross pattern nears formation? We explain what to expect.
China’s IPOs lost their debut sizzle in 2022, boding ill for punters betting on a few quick yuan
That changed in 2019, when the regulator introduced a registration-based system for small-cap IPOs. It allows more flexibility to reflect demand from investors, taking the pricing closer to market ...
Zeekr goes on a hiring spree, Tesla kicks off a price war and Hesai files for an IPO
The Station, a weekly newsletter focused on transportation, looks at Zeekr's hiring spree, Tesla troubles and a price war, and Hesai's IPO.
Hong Kong stocks surge as traders greet Year of the Rabbit by loading up Alibaba, Tencent and Macau casino firms
Hong Kong stocks surged to the highest level since June as trading ... The Tech Index soared 7.5 per cent. Onshore financial markets are closed for the week. Alibaba Group Holding advanced 1.3 per ...
Hong Kong Returns To Lead Most Asian Markets Higher
Hong Kong led the way again, helped by hopes that China's reopening ... still after a run of resilient activity data, lower gas prices, easier financial conditions and earlier China reopening, ...
Hong Kong court finds major bank ANZ was scammed millions in six-year long nickel fraud
A Hong Kong court has found ANZ was defrauded of hundreds of millions of dollars by a trader and his affiliates, and was able to fraudulently obtain financing from the major Australian bank.
Hong Kong court finds that faked warehoused nickel receipts scammed ANZ for $412m
A trader, and entities linked to him, defrauded ANZ of more than $US293m ($412m) in a scheme involving 80 faked invoices, a Hong Kong court has found.
BOC seizes P23-m smuggled sugar from HK
Bureau of Customs (BOC) agents posted at the Manila North Harbor have seized more than P23 million worth of refined ...
Year of the Rabbit 2023: HSBC, Citibank, Standard Chartered among the lenders offering staff generous ‘return-to-work’ lai see, gifts
Hong Kong’s biggest banks plan to present lai see, gift hampers and tickets to Disneyland as gifts for their staff as they return to the office on the first working day in the Year of the Rabbit.
HSBC names new trade COO, reorganises Asia and Americas leadership
HSBC has implemented a raft of people changes within its global trade and receivables finance (GTRF) business, including the appointment of a chief operating officer (COO) and changes to its Asia and ...
‘Heavenly banking’: religious racketeers dupe Hong Kong woman to deposit US$25,000 into ‘account on the other side’
A brainwashing Hong Kong religious racket has lured a woman from the city into “depositing” US$25,000 into a “bank in Heaven”.
Hong Kong’s economy could face ‘some difficulties’ in first quarter, but recovery in sight, finance chief says
I think as we enter the second quarter, the strength of recovery should be much more obvious,’ Financial Secretary Paul Chan says.
Zambales fishers seek damages after HK ship ‘hit’ artificial reefs
Local fishermen on Monday called on authorities to help them seek at least P900,000 in compensation from a foreign vessel that reportedly destroyed their ...