Hong Kong's well-earned reputation as a prominent hub for banking and finance is supported by its thriving economy, favorable regulatory environment, and strategic location, which have attracted some ...

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most ...

Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank ...

The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...

They sought sanctuary in the UK after escaping a crackdown on pro-democracy protests and the introduction of repressive ...

HONG KONG-Hong Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with funding to reignite the city’s ailing economy. Banks in the ...

Some of the city's eight digital banks are exploring setting up physical branches after the Hong Kong Monetary Authority (HKMA) cleared the way for them to do so in its continuing effort to aid ...

Contemporary Amperex Technology Co Ltd’s (寧德時代) upcoming jumbo listing, which could raise more than US$5 billion, is the type ...

The SFC found that the bank had engaged in serious misconduct, including excessive fees and soliciting clients for frequent ...

Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term growth ...

HONG KONG – Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. The city’s commercial real estate sector is going through ...