John Lee, the head of the Asian Financial Centre, announced unexpectedly before the formal publication of the data on Tuesday that Hong Kong’s GDP expanded by 2.7% in the...
Hong Kong’s stock market is accelerating efforts to introduce Chinese yuan pricing and settlement services, with 12 major companies, including high-tech giants Xiaomi and JD.com, applying to launch a...
According to an internal document, Credit Suisse advised staff that while its wealth assets are now operationally independent of UBS, clients may wish to think about shifting some assets...
The Hong Kong-listed shares of investment bank China Renaissance were put on hold on Monday after the company said it was unable to release its annual results due to...
The Chinese banking sector may face a difficult year ahead due to the continuous fall of interest rates and as competition for good depositors deepens. Executives cautioned against downward...
There have been stories in recent months suggesting that bitcoin companies are having trouble getting banking partners. This problem has emerged as a result of the failure of two...
As the Covid-19 restrictions were lifted and sell-offs last year made stocks more appealing, China’s largest fund manager flocked to consumer stocks. Tencent Holdings, liquor producers Wuliangye Yibin and...
In This Article: The World Bank is known to have furnished $350 million in insurance-linked securities (ILS) in the format of Chile Catastrophe Bond in the Hong Kong Special...
Hong Kong and Singapore are in a tight position. A new salary report suggested that the job market in Asia will favor Hong Kong professionals over those in Singapore....
On Thursday, Hong Kong Monetary Authority (HKMA) enhanced its base rate charge, the overnight discount window, by 25 basis points to 5.0%. Hong Kong’s monetary policy is moving in...