China’s CITIC Securities trims H. Kong jobs
China's CITIC securities is laying off around a dozen investment banking jobs in Hong Kong, as a slowdown in…
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Hong Kong
HSBC Holding leaves lending rate at 5.875% in H. Kong
HSBC Holdings kept its best lending rate in Hong Kong unchanged at 5.875 per cent.
H. Kong holds rates steady at 5.75%
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday, aligning with the US…
Hong Kong launches Asia’s 1st ETFs
Six bitcoin and ether exchange traded funds (ETFs) made a promising debut in Hong Kong, marking the first launch of…
H. Kong projects up to 3.5% growth in Q1
Hong Kong's economy is expected to continue its moderate growth streak, with first-quarter GDP projected within a…
UBS Group gears up for fresh wave of job reductions
UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…
Morgan Stanley terminates jobs in Asia
Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…
Chinese Shimao receives wind-up petition in H. Kong
Chinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in…
H. Kong retail sales up 1.9% in Feb.
Hong Kong's retail sales continued to rise for the 15th consecutive month in February, driven by growth in tourism…
Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
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