Advertisement
Advertisement
Business /

Banking & Finance

Related Topics:
Central banks
Hong Kong stock exchange
China stock market
Stocks
Bitcoin
Bank of China has already introduced DR-linked corporate loans in Shanghai and selected areas. Photo: Shutterstock
Banking & finance

Chinese banks embrace cheaper short-term loan rates. A risk to profits?

As some major lenders begin pricing corporate debt against flexible short-term markets, analysts warn the shift could squeeze net interest margins even further.

Yuan

Open Questions | Top economist on how China should prep for dollar era’s end

videocam
IPO

‘IPO queen’ Pamela Chung says time is ripe for listing connect scheme

IPO

China’s Mech-Mind Robotics set to take orders for US$300m IPO: sources

Developer of 3D cameras and AI software for robots raises target by US$100 million amid investor enthusiasm.

Visitors explore the Mech-Mind Robotics booth during Smart Factory & Automation World 2026 in Seoul, South Korea, on March 5. Photo: NurPhoto via Getty Images
Visitors explore the Mech-Mind Robotics booth during Smart Factory & Automation World 2026 in Seoul, South Korea, on March 5. Photo: NurPhoto via Getty Images
Hong Kong property

Prudential Hong Kong expands headquarters across Swire Properties’ towers

Company boosts office footprint despite insurance sector’s concerns over China’s tax clampdown.

Wealth management

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Robust fee growth tipped for Hong Kong, Singapore banks as mainland Chinese clients’ offshore allocations driven by diversification: report.

Advertisement
Advertisement
Advertisement
Hong Kong stock market

China fund managers stick with AI, chips this month after July sell-off: survey

Investor interest in defensive shares also surges across Asia as more try to hedge against the downside risks of AI investments.

A footbridge with a screen displaying the Shanghai Composite Index is seen in Shanghai’s financial district of Shanghai on Wednesday. Photo: AFP
A footbridge with a screen displaying the Shanghai Composite Index is seen in Shanghai’s financial district of Shanghai on Wednesday. Photo: AFP
Macau

Beyond the casino: Macau bets on modern finance, fintech in new five-year plan

Road map targets 60 per cent non-gaming share of GDP by 2030 through infrastructure, healthcare, hi-tech industries and closer mainland links.

HKEX

Next for Hong Kong’s exchange: ‘more products on our shelf’, HKEX boss pledges

After reporting record profit, CEO aims to establish a multiple-asset ecosystem and extend trading hours, starting with derivatives.

Hong Kong stock market

Hong Kong tech stocks fall as US bond rout, Iran war deadlock dent sentiment

Tech stocks sink as US bonds sell off on supply jitters, while China’s debt market diverges on sluggish data, spurring easing hopes.

Hong Kong Exchanges and Clearing Limited in Central. Photo: Jonathan Wong
Banking & finance

Hong Kong taps tech strength in joint venture to power gold settlement

Alibaba Cloud among partners chosen to create a platform for Hong Kong’s gold clearing and settlement system next year.

Gold bullion bars. Photo: AP
Gold bullion bars. Photo: AP
Robotics

Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut

Stock jumps as first listing by humanoid robot maker draws 9.8 million retail investment accounts competing for just 9.7 million shares.

videocam
Banking & finance

Use of yuan hits 6-month high in Hong Kong’s fast-payment system

Yuan-denominated payments rise 34 per cent, with Payment Connect mechanism acting as catalyst for multiplying cross-border use cases.

Banking & finance

Beijing urges mainland insurers to invest in Hong Kong-listed ETFs

Hong Kong’s status as global financial centre receives a boost as China’s financial regulator touts city’s exchange-traded funds.

Beijing has encouraged mainland insurers to invest in Hong Kong’s exchange-traded funds. Photo: Sam Tsang
Accounting and auditing

Hong Kong’s 5-year plan should have tax breaks, listing reforms: HKICPA

Accounting body also urges government to lobby mainland Chinese authorities about tax on cross-border trusts and insurance policies.

A view of the newly commissioned Fanling Bypass (Eastern Section) in the Northern Metropolis development megaproject. Photo: Eugene Lee
A view of the newly commissioned Fanling Bypass (Eastern Section) in the Northern Metropolis development megaproject. Photo: Eugene Lee
Bonds

Dim sum bond boom: record State Grid deal fuels Hong Kong offshore yuan surge

Lower yuan borrowing costs and longer maturities lure issuers, marking a fresh phase in the city’s expanding offshore market.

Banking & finance

Margins rise for China’s commercial banks, but will weak lending undo the gains?

A rare uptick in margins lifted Chinese lenders in the second quarter, but falling loan demand and policy constraints loom large.

Advertisement
Advertisement
Advertisement
Electric & new energy vehicles

Geely’s Li Shufu hands over reins to younger generation for ‘healthy’ growth

China’s second-largest carmaker names new chairman and CEO in planned succession, as profit drops despite record revenue and export surge.

9
Li Shufu, founder of Geely Auto, arrives for a session of the Chinese People’s Political Consultative Conference National Committee in Beijing on March 4. Photo: EPA
Li Shufu, founder of Geely Auto, arrives for a session of the Chinese People’s Political Consultative Conference National Committee in Beijing on March 4. Photo: EPA
Hong Kong

China’s pharma contractors rally on pushback to US supply chain pressure

Genscript posted adjusted net profit of US$62.52 million for the six months ended June 30, a 203 per cent year-on-year surge.

Electric & new energy vehicles

China’s self-driving push gears up in Europe as Momenta, Pony.ai expand

Deutsche Bank raises its price target for Momenta while Pony.ai widens partnership with Uber to accelerate autonomous-vehicle roll-out in European cities.

videocam
Semiconductors

Ingenic taps Hong Kong market to raise HK$3.2 billion for chip expansion

The semiconductor maker is set to raise a share offering in the city and begin trading later this month.

Hong Kong Exchanges and Clearing in Central. Photo: Jelly Tse
China property

In Focus | Bottom fishers? Foreign funds’ moves on China property give hope for rebound

International capital is circling China’s property sector, testing valuations and chasing returns after years of strain.

videocam
Illustration: Dennis Yip
Illustration: Dennis Yip
Banking & finance

Hong Kong’s proposed tax incentives will lure corporate treasury hubs: PwC

The proposed law will offer a five-year pre-approval for large companies with at least HK$100 million in annual revenue and six subsidiaries.

ESG investing

Delayed shocks: a third of AIIB sovereign borrowers risk downgrades over climate

Delayed physical impacts to hit economies by 2050 without stronger climate policies, says Beijing-based multilateral lender.

videocam
China stock market

How China’s young fund managers endured bitter lessons from AI-fuelled sell-off

New portfolio managers were thrust into the spotlight as tech bets soured and client scrutiny intensified during 50-day market turmoil.

videocam
Portfolios reeled from AI-driven shocks in June and July. Photo: Getty Images
Help preserve 120 years of quality journalism.
SUPPORT NOW