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BOCHK

Airport Authority Hong Kong to launch US$640 million retail bond, its first in 20 years, to finance third runway

by Anas Siddiqui
Airport Authority Hong Kong to launch US0 million retail bond, its first in 20 years, to finance third runway

“We want to issue the retail bonds to give Hong Kong residents a chance to participate in the third runway project,” Julien Lee, executive director of finance at AAHK, said …

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Hong Kong economy, property market to benefit from rate-cut cycle as early as March, analysts say

by Anas Siddiqui
Hong Kong economy, property market to benefit from rate-cut cycle as early as March, analysts say

“As the pressure of inflation recedes, the real interest rate is rising and creating an environment that is too restrictive,” said Raymond Mok, assistant vice-president of investment strategy at KGI …

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Hong Kong keeps base rate steady at 5.75% as Fed holds fire before holidays in 2023’s final meeting

by Anas Siddiqui
Hong Kong keeps base rate steady at 5.75% as Fed holds fire before holidays in 2023’s final meeting

Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the Federal …

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China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

by Anas Siddiqui
China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

“The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government [in …

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BOCHK-backed virtual lender Livi eyes further SME business growth after strong 2023

by Anas Siddiqui
BOCHK-backed virtual lender Livi eyes further SME business growth after strong 2023

“This newly launched service is a major growth segment, as we progress the growth of our business,” Sun said. “Going forward, Livi Bank will see accelerating growth led primarily by …

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