The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.

AIIB issuance attracts investors domestically and across Asia-Pacific, with final order book reaching HK$9 billion and more ...

Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly ...

HONG KONG SAR - Media OutReach Newswire - 18 December 2024 - Blue Cross (Asia-Pacific) Insurance Limited ('Blue Cross') and ...

Blair McDougall MP, a member of the Foreign Affairs Committee and chairman of the All-Party Parliamentary Group on Hong Kong, said: ‘These are British customers of a British bank who are being ...

HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

The job cuts in its regional hub Hong Kong started on Feb 17, said the person and another source with knowledge of the matter, and come ahead of the London-headquartered bank releasing its full ...

The Hong Kong Monetary Authority – the city’s de-facto central bank – loaned out HK$5.5 billion (S$950 million) through its discount window, the most since December 2019, according to data compiled by ...

Hong Kong is exploring gold tokenization initiatives to enhance investment flexibility and security by combining physical gold with blockchain technology, according to Paul Chan, Secretary for ...

Animoca Brands, and HKT are creating a joint venture to issue a Hong Kong dollar-backed stablecoin. They plan to apply for a ...