Hong Kong Finance Group Ltd. (HK:1273) has released an update. Hong Kong Finance Group Ltd. has announced a new loan agreement to provide HK$8 ...
Nigeria’s Biggest Bank Opens HK Branch to Capture Asia Trade
(Bloomberg) -- Nigeria’s biggest bank is opening a new branch in Hong Kong in its first step of Asian expansion.
Nigeria’s Biggest Bank Opens Branch in Hong Kong
Nigeria's biggest bank is opening a new branch in Hong Kong in its first step of Asian expansion. Speaking to Bloomberg's Jennifer Zabasajja, Access Bank UK founding chief executive officer, Jamie ...
What do Beijing official Xia Baolong’s Jardine Matheson, HSBC meetings mean for Hong Kong?
Experts weigh in on back-to-back meetings with major British companies and the 'clear message' being sent to the US Meetings between Beijing's top official in charge of Hong Kong affairs and two major ...
HSBC coy on cost savings of revamp as quarterly profit tops expectations
HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors waiting for more detail on how a sweeping overhaul of its ...
HSBC will primarily cut senior roles in overhaul of management structure: CEO
The cuts will take place swiftly, with the outcome of the restructuring to be disclosed in February 2025. Read more at straitstimes.com.
Access Bank Speaks on Opening New Office in Hong Kong, US, Shares Plan to Meet New Capital
Nigeria's largest bank is considering selling dollar-denominated securities on the domestic market to finance its expansion plans and meet CBN's capital requirement.
BOCHK first in Hong Kong to integrate with mBridge
Bank of China (Hong Kong) (BOCHK) has become the first commercial bank in the city to integrate with the mBridge platform, having successfully completed its first fully automated transactions for both ...
HSBC’s East-West Division Aims at Efficiency Not Separation, Says CEO
HSBC CEO Georges Elhedery has dispelled speculations that the bank’s new “east” and “west” division restructuring hints at a separation ...
Hong Kong stocks cap longest winning streak in 4 weeks; HSBC rallies to 6-year high
HSBC rose to six-year high after quarterly profit beat analysts’ estimates, helping lift Hang Seng Index in longest winning streak in four weeks.
SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD
Tencent, which has a lot size of 100 shares in Hong Kong, has a similar ratio to BYD, at 10:1. Alibaba, which has a lot size of 100 shares in Hong Kong, has a 5:1 ratio; and so does HSBC, which has a ...
Hongkong Land expects $6 billion in proceeds from strategy refocus
Hongkong Land will refocus its activities exclusively on investment properties in key Asian cities and will redirect capital out of its residential or build-to-sell division, it said on Tuesday.
PBoC and HKMA to link up instant payment systems
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) are planning to launch a pilot next year to link up the fast payment systems of mainland China and Hong Kong, according to ...
HSBC third-quarter results beat forecasts; bank dismisses rumours about unit spin-offs
Net profit rose 9 per cent to US$6.13 billion in the quarter that ended on September 30, exceeding market forecasts HSBC's new CEO dismissed rumours that the bank will spin off some business units, as ...