Business /

Banking & Finance

Related Topics:
Central banks
Hong Kong stock exchange
China stock market
Stocks
Bitcoin
Singapore-based Ant International and HSBC connected Ant’s blockchain infrastructure to Swift’s network, allowing real-time cross-border treasury management. Photo: Shutterstock
Banking & finance

Swift tests blockchain with Ant International and HSBC in cross-border trial

By using ISO 20022 messaging over Swift, the partners say they can make tokenised deposits interoperable with legacy systems.

Hong Kong property

Hong Kong’s Hang Seng University joins property rush with US$11.6 million deal

Banking & finance

Six major Hong Kong banks keep prime rates unchanged despite HKMA base rate cut

Hong Kong property

Hong Kong home prices to rise in 2026 due to mainland Chinese buyers, rate cut

‘Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,’ JLL Hong Kong chairman Joseph Tsang says.

Homebuying sentiment is expected to rise in 2026. Photo: Dickson Lee
Homebuying sentiment is expected to rise in 2026. Photo: Dickson Lee
IPO

Hong Kong’s IPO juggernaut projected to raise up to US$45 billion in 2026: KPMG

It will be a pivotal year for hi-tech listings, which will help cement Hong Kong’s place at the top of global markets, auditing firm says.

Hong Kong property

JD.com’s US$450 million stake in Hong Kong Central tower eases Lai Sun debt woes

JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun.

Advertisement
Advertisement
Advertisement
China stock market

Investors brace as Beijing’s policy huddle tests China’s stock rebound

With China’s stock rally fading, markets are pinning their hopes on the Central Economic Work Conference for signs of clearer policy support.

Investors widely expect Beijing to maintain a proactive fiscal stance and accommodative monetary policy in 2026. Photo: EPA
Investors widely expect Beijing to maintain a proactive fiscal stance and accommodative monetary policy in 2026. Photo: EPA
Hong Kong Monetary Authority (HKMA)

Hong Kong financial hub gets gold star for governance, red flag on readiness

Hong Kong has been ranked the world’s No 4 financial hub in a new NYU Abu Dhabi index, but trails rivals on growth and innovation.

IPO

HashKey aims for US$214 million in Hong Kong IPO amid Beijing’s crypto pressure

Retail investors oversubscribe crypto exchange operator’s offering despite China central bank’s tough stance on virtual assets.

Banking & finance

Hong Kong launches HKEX Tech 100 Index in pivot towards innovation-driven growth

Unveiling of benchmark tracking Hong Kong-listed tech firms comes amid a wave of property stock delistings.

The HKEX Tech 100 Index “covers the leading innovative sectors in our listed issuer universe that have transformed the DNA of Hong Kong’s markets”, says HKEX CEO Bonnie Chan. Photo: Handout
China stock market

New China guidelines to base asset managers’ pay on the performance of funds

The China Securities Regulatory Commission seeks a performance-based salary mechanism at the country’s 160 mutual fund houses.

A view of the China Securities Regulatory Commission’s headquarters in downtown Beijing, Photo: Simon Song
A view of the China Securities Regulatory Commission’s headquarters in downtown Beijing, Photo: Simon Song
Insurance

Hong Kong insurers move to help fire victims claim payouts on 12,000 policies

Insurance Authority confirms 12,000 policies impacted, with payouts spanning life, medical, property and accident coverage.

Banking & finance

China’s CSRC pushes brokerages to build global banks and back tech self-reliance

Securities companies should redouble efforts to help turn China into a global financial powerhouse, says CSRC chairman Wu Qing.

HKEX

Baidu mulls Hong Kong spin-off of Kunlunxin chip unit as China tech deals surge

Baidu’s Kunlunxin unit is eyeing a Hong Kong listing amid brisk deal activity among China’s chipmakers.

A picture of XPU-R chip by Kunlunxin (Beijing) Technology. Photo: Handout
American Samoa

L&G Asset Management sees AI equity upside despite US$3 trillion debt concerns

‘We are defensive in terms of allocating to that particular sector,’ says Ben Bennett, L&G’s head of investment strategy in Asia.

Credit related to the AI sector could grow between US$500 billion and US$800 billion a year and reach nearly US$3 trillion by 2030, according to Ben Bennett of L&G Asset. Photo: Shutterstock
Credit related to the AI sector could grow between US$500 billion and US$800 billion a year and reach nearly US$3 trillion by 2030, according to Ben Bennett of L&G Asset. Photo: Shutterstock
IPO

Exclusive | Meet the Illinois farmer sowing the seeds of the world’s biggest IPOs of 2026

Jeff Rowe, a fifth-generation Illinois farmer, runs a Chinese-owned Swiss company in Basel that is aiming for one of the world’s largest IPOs in Hong Kong, due in 2026.

Banking & finance

China’s risky shadow banks back in spotlight after debt crackdown

Entities owned by local governments are borrowing billions from trust companies and leasing firms at rates of 8 per cent or higher, sources say.

Advertisement
Advertisement
Advertisement
Banking & finance

CSRC vows deeper reforms to open China’s capital market and boost tech listings

CSRC chairman Wu Qing outlines ‘deep transformation’ of capital market to attract long-term investors who ‘can stay and can develop well’.

The Chinese capital market requires a “deep transformation” to enhance its “inclusiveness and adaptability”, says Wu Qing. Photo: Reuters
The Chinese capital market requires a “deep transformation” to enhance its “inclusiveness and adaptability”, says Wu Qing. Photo: Reuters
China stock market

Moore Threads shares dazzle with fivefold jump in Shanghai debut

Moore’s shares began trading at 650 yuan amid a declining market, a 468 per cent jump from their initial public offering price of 114.28 yuan.

Banking & finance

Emerging markets to outperform US stocks as dollar weakness continues: report

Latin America, which has been an underappreciated market for many years, is the stand-out performer in emerging markets.

Hong Kong property

HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

Current tenant Chanel’s three-year lease for the prime retail space in Causeway Bay expires on May 15 next year.

HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay. Photo: Google Maps
Wealth management

China’s rich step up offshore bets as gold and insurance gain favour

China’s wealthy are shifting more of their portfolios offshore, as they seek to hedge slowing growth, policy risks and low yields at home.

As economic headwinds persist, China’s wealthy are becoming more cautious, using gold and insurance to preserve capital. Photo: XInhua
As economic headwinds persist, China’s wealthy are becoming more cautious, using gold and insurance to preserve capital. Photo: XInhua
Millionaires and billionaires

Mainland China’s billionaire count surges as BYD and Mixue bosses power gains

The combined wealth of mainland China’s billionaires soars 22 per cent to US$1.77 trillion; Hong Kong’s ultra-rich population rises.

Banking & finance

Hong Kong’s investment body posts US$300 million income in first year

Every dollar invested by the HKIC has attracted more than six in long-term market capital, Financial Secretary Paul Chan says.

Insurance

Hong Kong insurers identify 8,700 policies owned by Tai Po fire victims

Residents of Wang Fuk Court hold 7,600 active life and 1,100 property policies provided by some 30 insurers, Insurance Authority CEO says.

videocam
Mourners lay flowers in tribute to the victims of the fire that broke out on November 26 at Wang Fuk Court in Tai Po. Photo: Karma Lo
Help preserve 120 years of quality journalism.
SUPPORT NOW