Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board.

Hong Kong’s markets watchdog has fined Hang Seng Bank HK$66.4 million (US$8.5 million) for regulatory failures and overcharging clients. The Securities and Futures Commission (SFC) said on ...

The succession drama of Hong Kong’s billionaire Cheng family has been in the spotlight lately, largely because of its ...

according to the city’s treasury and central bank chiefs. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu told a conference in Hong Kong on Monday that the city ...

HONG KONG, Feb 11 (Reuters) - Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city's status ...

Most Hong Kong lenders have sizeable exposures to the city’s real estate industry, but the deepening slump is unlikely to cause systemic issues for the banking sector, which is well capitalised.

Hong Kong influencer Rachel Zhong, also known as Ng Sok, has confirmed her relationship with the much-married chairman of Tai Sang Bank. Hong Kong influencer Rachel Zhong, also known as Ng Sok ...

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 ...

It’s also a sobering reminder of how deals in Hong Kong, and by extension China, have become less lucrative. “The reality is quite tough for investment bankers from Wall Street banks as Asian ...

Standard Chartered, Animoca Brands, and HKT form a joint venture to launch a Hong Kong dollar-backed stablecoin under HKMA’s ...

Hong Kong, February 18, 2025 -- Standard Chartered Bank (Hong Kong) Limited (“SCBHK”), Animoca Brands, and HKT have entered into agreements to establish a joint venture (“JV”) with the intention to ...

HONG KONG -- As Hong Kong returns to the global top five for public offerings, propelled by Chinese companies seeking dollar funding outside the U.S., concerns are rising over the long-established ...