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China Business
Which presidential nominee is better for China’s stocks: Trump or Harris?
No matter who wins, geopolitical tensions will continue to haunt Chinese stocks for another four years, according to Daiwa Securities Group.
16 Sep 2024 - 10:07PM
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JPMorgan names new Hong Kong CEO; bank eyes ultra-rich market growth
6 Sep 2024 - 6:45PM
Hongkongers are in for a letdown in 2025 as big pay raises fade amid slump: study
29 Aug 2024 - 5:49PM
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Banking & Finance
Shenzhen authority sells 7 billion yuan of ‘dim sum’ bonds in Hong Kong
The fourth offering in the last four years, which will fund an array of infrastructure projects, brings total funds raised to US$3 billion.
30 Jul 2024 - 10:02AM
The Exchange Square complex in Hong Kong, home to the city’s bourse operator Hong Kong Exchanges and Clearing, pictured on July 19, 2024. Photo: Jonathan Wong
Banking & Finance
Gold, not the US dollar, is the best ‘Trump Trade,’ strategists say
A Bloomberg gauge of the dollar slid more than 10 per cent while the spot price of gold rallied over 50 per cent during Trump’s four years in office.
29 Jul 2024 - 11:21AM
China Business
Greater Bay Area home sales surged in June after property market rescue package
Demand for new homes in the Greater Bay Area rebounded last month after Beijing’s historic measures to rescue the property sector took effect. However, a meaningful recovery in prices will take time amid economic headwinds, says Cushman & Wakefield.
24 Jul 2024 - 7:00AM
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Banking & Finance
Sovereign investors look to emerging markets as geopolitical tensions rise: study
Geopolitical tensions have surpassed inflation as the primary concern for sovereign investors, prompting them to invest more in emerging markets and gold, according to the survey by Invesco.
22 Jul 2024 - 6:00PM
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Banking & Finance
Hong Kong paves way for UAE listings, recognising Dubai, Abu Dhabi exchanges
Move to attract more Gulf companies to list comes as government advisory body studies Islamic finance to align the city’s financial infrastructure with the needs of the Middle East.
19 Jul 2024 - 8:50PM
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Dubai International Financial Centre. Photo: Shutterstock
Banking & Finance
Deutsche Bank looks to Asia-Pacific wealth management to drive core growth
The German lender wants the region to contribute at least 15 per cent of its global revenue in the next two to three years as it hires senior bankers for its investment advisory, wealth management and private bank in the region, says CEO.
28 Aug 2024 - 3:47PM
Markets & Investing
Hongkongers happy to let the interest roll in even as outlook improves: survey
Local investors would only consider reallocating from cash and deposits into investment products when interest rates come down to 2.5 per cent, according to a survey by the Hong Kong Investment Funds Association.
18 Jul 2024 - 6:00AM
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Companies
Explainer
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What is ETF Connect? How does it help global investors tap China’s stock market?
China is further opening up its US$8.4 trillion stock market by offering 85 new exchange-traded funds (ETFs) tracking mainland equities through the cross-border trading channel for offshore investors next week.
16 Jul 2024 - 6:00AM
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Banking & Finance
Exclusive
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Wealth Management Connect revamp sent investment skyrocketing, says ICBC
Improvements to the Wealth Management Connect scheme in February have proven to be a game-changer, with investment via the cross-border trading channel quadrupling between January and April, according to government data and ICBC.
5 Jul 2024 - 8:30PM
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ICBC Asia has seen a fourfold increase in the number of customers opening accounts under the Wealth Management Connect initiative. Photo: Bloomberg
Markets
‘Signs of life’ in China’s markets as reforms boost confidence, forum told
Global investors’ pessimism about China may no longer be well placed, as policies designed to bolster confidence are likely to spell better times ahead for the market, senior financiers told a conference.
5 Jul 2024 - 5:38PM
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Banking & Finance
Chinese banks follow belt road to expand loan book amid tight liquidity at home
Chinese banks are heading overseas to extend yuan loans to fund Belt and Road Initiative projects
1 Jul 2024 - 6:00AM
Business
Hong Kong to enhance cross-border transfers to support retirees
Hong Kong’s monetary authority plans to sign an agreement with the Chinese central bank to find ways to enhance cross-border remittance services to make it easier for Hongkongers who work or retire on the mainland.
28 Jun 2024 - 7:58PM
Banking & Finance
Hong Kong drops down the rankings as IPO proceeds plunge to 2-decade low
The proceeds from new listings are down 35 per cent from a year ago and the lowest since the first half of 2003 when the Sars virus derailed the city’s markets.
28 Jun 2024 - 7:22PM
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Hong Kong fell four positions in the LSEG’s league table from this time last year, when it ranked ninth globally before ending the year in eighth position. Photo: Jelly Tse
Markets
Chinese bond yields at 2-decade low as shaky economy curbs risk appetite
A powerful rally in China’s government bonds that has pushed yields to a two-decade low shows no signs of easing amid persistent worries about the outlook for growth. A sluggish stock market and a long-running property downturn continue to dampen risk appetite.
27 Jun 2024 - 6:06PM
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Markets
Hong Kong stocks will resume their rally soon on Beijing support: analysts
Hong Kong stocks could enjoy a better second half to the year following their recent decline, as global interest rates start to come down and more supportive measures in China provide a boost, analysts and money managers say.
21 Jun 2024 - 6:00AM
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Banking & Finance
China’s market watchdog aims to enhance funds recognition scheme with Hong Kong
Mainland China’s top securities watchdog has proposed amending a funds recognition scheme with Hong Kong in the latest move to boost cross-border trading and capital flow between the two markets.
14 Jun 2024 - 10:33PM
Banking & Finance
Hong Kong keeps base rate steady as Fed dials back signal
Hong Kong’s de facto central bank kept its base rate unchanged for the seventh time as traders in the financial markets shift their focus to September in expectation of the first cut in borrowing costs.
17 Jun 2024 - 12:46PM
A pedestrian walks past a billboard displaying various currency notes outside a foreign exchange shop in Sheung Wan on 21 October 2022. Photo: Yik Yeung -man.
Markets & Investing
Calling it a day in Hong Kong? Not if you want to plug that US$300,000 gap
The average Hongkonger faces a HK$2.4 million (US$300,000) gap between their post-retirement expenses and the money available in their pension funds, according to a survey by fund house Schroders.
5 Jun 2024 - 6:03PM
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China Business
‘China’s London’? Mainland growth assures Hong Kong finance hub status: summit
The city’s status as an international financial centre will be reinforced by yuan internationalisation and China’s economic transformations, according to top finance officials and industry players.
31 May 2024 - 6:29PM
Banking & Finance
Hong Kong life insurance sales surge amid soaring demand from mainland visitors
Life insurance sales in Hong Kong surged by 39 per cent in the first quarter thanks to a world record policy sold by HSBC Life and strong growth in the number of mainland Chinese visitors buying policies in the city, according to data from the industry regulator.
31 May 2024 - 5:28PM
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OPINION
Martin Wong Shiu-kei
Concrete Analysis
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Do stock prices, unemployment presage a housing market crash?
3 Nov 2020 - 7:11PM
Raymond Chong
Concrete Analysis
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Why Hibor-linked mortgage hikes won’t tame Hong Kong’s property market
25 Sep 2019 - 2:19PM
Raymond Chong
Concrete Analysis
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How to make the best use of cash rebates on mortgage transfers
16 Jul 2019 - 6:49PM
Anthony Rowley
Macroscope
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Global markets are sleepwalking toward a cliff’s edge. Here’s why
14 Apr 2019 - 10:10PM
David Liao
Eye On Asia
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Inclusion of China’s bonds in global index is a game-changing shift
31 Mar 2019 - 8:11PM
Anthony Rowley
Macroscope
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Belt and Road may be the nearest help for the world’s ailing economy
31 Mar 2019 - 8:11PM
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