Hong Kong central bank keeps base rate unchanged as Fed holds steady
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...
Opinion
Clients of Hong Kong banks seek value, not misconduct
Leading city bank is fined for serious misconduct in sale of financial products to clients for more than a decade As a financial hub, it is imperative for Hong Kong to maintain a solid reputation and ...
Hong Kong’s Property Distress Is Catching Up With City’s Banks
Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most ...
Hong Kong’s property distress catching up with city’s banks
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
Tencent-backed WeBank eyes Web3 expansion in Hong Kong amid city’s virtual asset push
WeBank chief information officer Henry Ma said the virtual bank will be “deeply involved” in developing Hong Kong’s Web3 ...
Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors
With 1.43 million mainlanders expected during the ‘golden week’, the city’s lenders prepare a slew of enticements.
Year of the Snake: Hong Kong firms use lai see envelopes as marketing tool in digital era
HSBC and ICBC (Asia) promote milestones using lai see envelopes, while the newly rebranded Hong Kong Gold Exchange sends out ...
Cryptopolitan on MSN2d
WeBank’s Henry Ma outlines big plans for Web3 expansion in Hong Kong
WeBank shared its plans to tap into the expanding Web3 market in Hong Kong. According to reports, the Tencent-backed lender wants to use its subsidiary to ...
Channel NewsAsia Singapore4d
Hong Kong central bank keeps base rate unchanged as Fed holds steady
Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged ... The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair ...