Business /

Banking & Finance

Related Topics:
Central banks
Hong Kong Stock Exchange
China stock market
Stocks
Digital currencies
Bitcoin
Hong Kong night cityscape of Central District with Bank of China Tower, Cheung Kong Centre, HSBC Main Building and Standard Chartered Bank. Photo: Shutterstock
Banking & finance

HSBC, Standard Chartered to report bumper profits this week

Both lenders may announce a new round of share buy-backs, with HSBC at US$2 billion and Standard Chartered at US$1 billion, matching last year, analysts said.

Banking & finance

Hong Kong’s market watchdog reviews 8 brokerages amid IPO frenzy

Bonds

China central bank issues US$8.2 billion in bills in Hong Kong to stabilise yuan

Banking & finance

Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China

Tit-for-tat tariffs add to peril for global brands as consumers favour high-quality domestic rivals amid a spending slump, analysts say.

People walk in the Pudong financial district in Shanghai on February 5, 2025. Photo: Reuters
People walk in the Pudong financial district in Shanghai on February 5, 2025. Photo: Reuters
Hong Kong stock market

Hong Kong to ease IPO rules for mainland Chinese firms

Market watchdog and exchange are studying the issue and will propose changes this year, treasury chief Christopher Hui says.

Electric & new energy vehicles

CATL eyes global dominance in EV battery market with US$5 billion cash reload

Overseas business made up 31 per cent of CATL’s total sales in the first nine months of 2024, versus 32.7 per cent in 2023, according to exchange filings.

videocam
Advertisement
Advertisement
Advertisement
Hong Kong property

HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Other banks may follow with similar cuts to ease financing costs and help revive home sales.

Pedestrians pass an HSBC branch in Mong Kok on October 22, 2024. Photo: Nora Tam
Pedestrians pass an HSBC branch in Mong Kok on October 22, 2024. Photo: Nora Tam
Banking & finance

Hong Kong fund invests in medical firm to nurture city’s innovations

Government fund invests in New Frontier Group, co-founded by former financial secretary Antony Leung.

IPO

China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s share sale

The mainland’s top bubble tea maker plans to launch its IPO later this month and list in early March, report says.

IPO

Hong Kong IPO: EV battery king CATL files plan to pursue global expansion

At US$5 billion, the speculated jumbo deal by the world’s largest EV battery maker would be the biggest since Kuaishou’s IPO in January 2021.

videocam
A CATL sign seen outside the company’s research and development hub in Ningde, Fujian province. Photo: Reuters
Business of climate change

Funding, weak demand plague efforts to drive green hydrogen output, BMI says

79 per cent of low-carbon hydrogen projects are stuck in the planning stage as developers struggle with high production costs and low demand.

videocam
China is racing to invest more capital into emission-free projects under its net-zero plans. Photo: Shutterstock
China is racing to invest more capital into emission-free projects under its net-zero plans. Photo: Shutterstock
Banking & finance

Investors keen on using onshore Chinese bonds as repo collateral in Hong Kong

A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.

Banking & finance

Laopu Gold jewellery sells like hot cakes despite tepid China consumer spending

Fans of Laopu Gold say they like its ‘fixed price’ model and intricate craftsmanship.

Banking & finance

UBS is bullish on US assets on Trump’s pro-business policies, rate-cut outlook

Fund manager Goldberger likes ‘Magnificent Seven’ tech stocks, bullish on Treasuries and credits on rate-cut prospects.

videocam
A woman poses for picture on the Wall Street bull statue near the New York Stock Exchange in New York. Photo: AP Photo
Banking & finance

HSBC mulls CEO pay overhaul as UK lenders dump bonus caps

CEO Elhedery’s fixed pay would be roughly halved under the new plan, while his potential bonus would be much higher, a person familiar says.

HSBC could follow other UK lenders in revamping executive pay structure. Photo: Reuters
HSBC could follow other UK lenders in revamping executive pay structure. Photo: Reuters
US-China relations

China keeps yuan stable against US dollar: what it means for the trade war

China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.

videocam
8
China stock market

DeepSeek and Trump tariffs will guide winners and losers in China’s markets

Investors are likely to tread lightly as trading commences in the Year of the Snake, as they await the outcome of Trump-Xi talks.

videocam
Advertisement
Advertisement
Advertisement
IPO

Chinese bubble-tea giant Guming targets US$200 million in Hong Kong IPO

The company, which sells under the Good me brand, is offering 158.6 million shares in a price range of HK$8.68 to HK$9.94 each.

Chinese bubble tea drinks company Guming Holdings sells under the Good me brand. Photo: Handout
Chinese bubble tea drinks company Guming Holdings sells under the Good me brand. Photo: Handout
Banking & finance

Luxembourg can facilitate dialogue between world’s superpowers: finance minister

Gilles Roth says trade should not be fragmented amid tensions in Ukraine and the Middle East.

Banking & finance

Gold hits record high as Trump’s tariffs spur safe-haven buying

Gold hit US$2,830.49 per ounce on Monday due to the safe-haven demand driven by uncertainty surrounding Trump’s tariffs.

videocam
6
Banking & finance

Dollar strength more worrying to Asian stocks than China tariffs: Hang Seng Bank

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

Hong Kong banks left their prime lending rates unchanged on Monday. Photo: Shutterstock
Hong Kong Monetary Authority (HKMA)

Hong Kong is well positioned to weather trade-war fallout: HKMA chief

Economy could take some hits, but diverse export destinations and Beijing’s support will mitigate negative impacts, Eddie Yue says.

Hong Kong Monetary Authority CEO Eddie Yue Wai-man, pictured at his offices in IFC Two on September 26, 2024. Photo: Jonathan Wong
Hong Kong Monetary Authority CEO Eddie Yue Wai-man, pictured at his offices in IFC Two on September 26, 2024. Photo: Jonathan Wong
Hong Kong property

Rare deals, distressed sales to prevail in Hong Kong property

Traditional investors to stay on the sidelines while educational and church organisations scoop up assets, analysts say.

Banking & finance

Yuan trade finance rises in Hong Kong as firms seek cost efficiencies

The Chinese currency’s cheaper funding costs and growing offshore liquidity, coupled with a new facility, are boosting its appeal.

videocam
Bitcoin

Bitcoin slides below US$100,000 as Trump’s tariffs rattle markets

US president imposed 25 per cent tariffs on Mexican and most Canadian imports, and 10 per cent on goods from China, starting on Tuesday.

Bitcoin was down 4 per cent early on Monday morning in Asia, touching a three-week low around US$96,606. Photo: Dado Ruvic / Illustration / File Photo
loading
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Global Economy

US risks ‘losing next industrial revolution’ as China races forward, panel told

98
China launched the “Made in China 2025” plan in 2015 to drive self-reliance and innovation across several key industries. Photo: AFP

Big Tech

Weixin is testing DeepSeek to put China’s super app on steroids

4
The Deepseek logo is seen in this illustration photo taken on January 29, 2025. Photo: Reuters

Science

Chinese scientists investigate whether microbe in food eases autism symptoms

videocam
Probiotics found in cheese could help influence brain function. Photo: Shutterstock

China Economy

Could DeepSeek help China’s yuan dethrone the US dollar?

videocam
49
Could DeepSeek help China’s yuan dethrone the US dollar? Photo: Shutterstock

China Business

How DeepSeek’s AI has become a must-have feature in Chinese smart EVs

videocam
Car industry insiders say DeepSeek has become a new source of national pride and it will help Chinese carmakers boost sales. Photo: Reuters
MORE IN China Future Tech
OPINION
Andrew Sheng

Opinion | Will Trump’s AI and energy goals burst the US credit bubble?

Andrew Sheng
Hugh Harsono

Opinion | Trump’s digital dollar ban opens the door for China’s yuan

Hugh Harsono
Zhou Xin

My Take | The US$3.2 trillion question: how much of China’s forex reserves for Hong Kong?

Zhou Xin
6
Richard Harris

The View | Languishing wars, a stagnant China? Investors shouldn’t be so sure

Richard Harris
Scott Cheng,David Ketchum

Opinion | Weakest link in Hong Kong’s tech ecosystem? Scale-up funding

Scott Cheng
David Ketchum
Andrew Sheng

Opinion | In a world fraught with risk, Trump will add to the bumps

Andrew Sheng
TRENDING TOPICS
Hong Kong Stock Exchange
IPO
China stock market
Belt and Road Initiative
China economy
MULTIMEDIA
Video

Renaissance shares crash after Chinese billionaire banker goes missing

01:13
Video

Money Machine Part 1: When Mao’s former barefoot doctor helped a US fund buy a Chinese state bank

11:17
Video

Money Machine Part 2: When Mao’s former barefoot doctor helped a US fund buy a Chinese state bank

13:23
Video

HKMA invites financial heavyweights to its 30th birthday bash

09:07
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW