The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as ...
Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan ...
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...
Asian markets took a weak lead-in from Wall Street, as threats of more trade tariffs from U.S. President Donald Trump and ...
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people ...
HSBC, one of the city’s three currency-issuing lenders, unveiled on Wednesday new mortgage plans offering a fixed rate of ...
Asia-Pacific markets trade in a tight range on Friday amid persistent concerns over U.S. trade tariffs and high for longer ...
Chinese video streaming platform iQIYI has launched a $300 million convertible bond offering, showed a term sheet reviewed by ...
Cash-strapped Hong Kong developer New World Development Co. has picked three banks to arrange a loan to refinance HK$58.1 ...
The succession drama of Hong Kong’s billionaire Cheng family has been in the spotlight lately, largely because of its ...