SMEs need only share their commercial information in the Commercial Data Interchange. Hang Seng Bank has partnered with QFPay HK to offer faster financing to small and medium enterprises (SME) ... ( read original story ...)
Hong Kong markets volatile after plunging to start the week; other Asian markets rise
Hong Kong stocks were volatile and mainland China markets continued to slide Tuesday, while other major Asian markets rose. ( read original story ...)
Hong Kong Stock Market Dives After China Party Meeting
Almost all shares in the Hang Seng Index were trading lower, but Chinese technology stocks were particularly hard hit. ( read original story ...)
Bitcoin, NFTs attract family offices, super-rich in Hong Kong, Singapore as investors look to diversify portfolio, study shows
Most family offices and high net worth individuals from Hong Kong and Singapore have taken to digital assets, shrugging off the volatility in the sector, according to a new report. ( read original story ...)
Stocks in Hong Kong tumble, Bank of Japan intervenes on yen
In Hong Kong, the Hang Seng tumbled 950 points. The key index was still trading at the time of writing but was revisiting lows not seen since the Global Financial Crisis in 2008/9. In mainland China, ... ( read original story ...)
Analysts Issue Forecasts for BOC Hong Kong (Holdings) Limited’s FY2024 Earnings (OTCMKTS:BHKLY)
Investment analysts at Jefferies Financial Group increased their FY2024 earnings estimates for shares of BOC Hong Kong in a note issued to investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)
Hong Kong stocks tank to 14-year low as re-elected Xi’s reshuffle sparks worries about China’s economic recovery
The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists, a concentration of power that could risk China's economic recovery. ( read original story ...)
Hong Kong stocks plunge on China worries
Hong Kong stocks plunged five per cent to a 13-year low today as investors were spooked by Chinese President Xi Jinping’s decision to hand key ... ( read original story ...)
Hong Kong, China stocks fall after Xi appointments fan economic fears; yuan weakens
Hong Kong stocks opened sharply lower on Monday and the yuan weakened after the membership line-up of China's governing body heightened fears that Xi Jinping will double down on ideology-driven ... ( read original story ...)
HSBC, Standard Chartered kick-start third-quarter bank reporting with eyes on margins, loan losses amid interest rate hikes
Hong Kong's biggest banks increased their prime rate for the first time in four years in September Questions remain about how slowing growth, particularly in China, could affect bank bottom lines In ... ( read original story ...)
‘Inevitable’ for Hong Kong to shift from ‘big market, small government’, combining capable governance with market efficiency: Paul Chan
Financial secretary says authorities working 'at full speed' on institutional and structural arrangements for city's investment vehicle which he will helm Amid global uncertainties and escalating ... ( read original story ...)
HSBC, Tencent, AIA, Meituan, Alibaba: How The Top 5 Stocks Of The Hang Seng Index Have Performed In 2022?
Within Hong Kong, the key benchmark index – similar to Singapore’s Straits Times Index (STI) – is the Hang Seng Index. It’s been a tough year so far, with the index currently at 16,211 as of 21 ... ( read original story ...)
Strict COVID-19 policies drive people out of Hong Kong
Large numbers of people have left Hong Kong not only due to political unrest, but also strict COVID-19 policies. Over the past year, more than 100,000 people have left — a record. The exodus includes ... ( read original story ...)
China Central Bank Head Likely to Step Down Amid Reshuffle – Sources
Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo Reuters BEIJING/HONG KONG ... ( read original story ...)