Investor reaction to recent announcements from the Fed was watched, as members of the U.S. central bank's policymaking committee indicated the overnight rate could stay close to zero for years to ... ( read original story ...)
Hong Kong shares track broader Asia lower as Fed disappoints
Hong Kong shares ended lower on Thursday, tracking weakness in other Asian markets, after the U.S. Federal Reserve pledged to keep interest rate low but stopped short of offering fresh stimulus to ... ( read original story ...)
BlackRock to jump on Hang Seng Tech Index bandwagon with new ETF
BlackRock is set to launch a Hong Kong-listed exchange traded fund on Thursday that focuses on the new Hang Seng Tech Index, becoming the fourth fund provider to do so in the past few weeks. The ... ( read original story ...)
Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech
Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the Block O2O Virtual Global Summit which is set for ... ( read original story ...)
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center
"The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That's only become more clear," said StanChart's CEO Bill Winters. ( read original story ...)
Hong Kong’s First Virtual Bank Partners with Accuity to Meet Compliance Requirements and Improve Customer Experience
Stock quotes by finanzen.net SINGAPORE and HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Accuity, the leading global provider of financial crime screening, payments and counterparty know your customer ... ( read original story ...)
Hong Kong government raises loan cap for SMEs, extends repayment period to help them cope with coronavirus crisis
The maximum loan for SMEs has been doubled to 12 months of employee wages and rents, while the loan repayment period has been extended by two years. ( read original story ...)
Hong Kong and Chinese stocks fall slightly, as traders brace for US Fed meeting
The Hang Seng Index see-sawed for most of the day, closing less than 0.1 per cent lower at 24,725.63. The Composite Index fell 0.4 per cent. ( read original story ...)
3 reasons I’d buy HSBC shares right now
Motley Fool contributor Jay Yao explains why they have faith that HSBC shares could prove to be a bargain in the long term. ( read original story ...)
Hong Kong shares close flat in cautious trade ahead of Fed meeting
BEIJING/SHANGHAI, Sept 16 (Reuters) - Hong Kong shares closed flat ... where the central bank is expected to keep interest rates low to support the pandemic-stricken economy. ** At the close of trade, ... ( read original story ...)
Why some Hong Kong skyscrapers have gaping holes
Have you ever realized that Hong Kong skyscrapers have holes in them? It's part of a belief system called feng shui. Buildings with bad feng shui, such as the Bank of China Tower, have been blamed for ... ( read original story ...)
Win Streak Tipped To Continue For Hong Kong Stock Market
The Hong Kong stock market has moved higher in three straight trading days, advancing more than 410 points or 1.7 percent along the ... ( read original story ...)
HK shares track Asian markets higher on China data, vaccine hopes
Hong Kong stocks tracked broader Asian markets higher on Tuesday, as upbeat China economic data and encouraging signs of progress in developing a COVID-19 vaccine buoyed sentiment. ( read original story ...)
Senior HSBC mainland China banker defects to Bank of America
Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the ... ( read original story ...)