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Hong Kong multimillionaire population drops as liquid assets and net worth decline in 2023: Citibank
South China Morning Post via Yahoo Finance· 8 months agoThe typical Hong Kong multimillionaire lost HK$1 million (US$128,000) in liquid assets this year as...
Year of the Dragon: Hong Kong banks line up fireworks dinners, lucky draws and boost deposit rates...
South China Morning Post via Yahoo Finance· 4 months agoFireworks dinners, lucky draws, high deposit rates, air tickets and donations to charities are among...
HSBC CEO Noel Quinn vows to help reboot Hong Kong's economy as city reopens for business after Covid...
South China Morning Post via Yahoo Finance· 2 years agoHSBC, Hong Kong's biggest lender, will do whatever it takes to put the city's economy back on track...
Hong Kong's Lee faces stern test over $3.4 billion bid to ease housing shortage
Reuters via Yahoo News· 1 year agoA flagship $3.4 billion plan by Hong Kong to build temporary housing to ease a massive shortage is...
Hong Kong's latest retail green bond offering receives 'positive' response in low interest rate...
South China Morning Post via Yahoo Finance· 9 months agoHong Kong's latest offering of retail green bonds logged a strong response when it opened for subscriptions on Monday, banks managing the issue said. The about HK$15 billion (US$1.9 billion) ...
Top Citigroup executive says Hong Kong is back to normal, as bank opens new wealth management centre...
South China Morning Post via Yahoo Finance· 2 years agoCitigroup opened its first global wealth management centre in Hong Kong on Tuesday, with a senior...
HKMA launches new platform to help small businesses get cheaper bank loans by sharing their data...
South China Morning Post via Yahoo Finance· 2 years agoThe Hong Kong Monetary Authority has launched an electronic platform designed to help small businesses get cheaper loans by sharing their operational data with banks. The Commercial Data Interchange ...
Asian stocks fall as China rebound stalls, Japan losses deepen
Investing.com via Yahoo Finance· 5 months agoInvesting.com-- Most Asian stocks retreated on Friday as a stimulus-driven rebound in Chinese shares stalled, while Japan’s Nikkei 225 slid further away from 34-year highs as growing bets on a Bank of Japan pivot spurred more profit-taking.