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Standard Chartered

Hong Kong’s Swap Connect hailed as ‘last important piece of the puzzle for overseas investors entering China’

by Anas Siddiqui
Hong Kong’s Swap Connect hailed as ‘last important piece of the puzzle for overseas investors entering China’

“The proposed enhancements will help further support the continued development of onshore financial markets,” said Charles Lam, Citi’s head of markets for Hong Kong. “As such, we would expect to …

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Trump being elected could be good for Bitcoin

by Isaac Wright
Trump being elected could be good for Bitcoin

A Standard Chartered report warns that the growing risk of U.S. fiscal dominance due to the Federal Reserve’s potential debt monetization could drive investors to cryptocurrencies. In this context, a …

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Hong Kong Monetary Authority to host world-class financial forum again in November

by Anas Siddiqui
Hong Kong Monetary Authority to host world-class financial forum again in November

“The executives who attend the summit can also meet local staff and clients, while some of them could also visit the mainland. They can share their insights about Hong Kong …

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Hong Kong holds base rate at 5.75% while US Fed assures market that delayed rate cuts have not been derailed

by Anas Siddiqui
Hong Kong holds base rate at 5.75% while US Fed assures market that delayed rate cuts have not been derailed

The HKMA follows the Fed’s rate decision in lockstep since 1983 by design under its linked exchange rate system to preserve the local currency’s peg to the US dollar. The …

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HSBC keeps prime rate at 5.875%, as wait for relief goes on for Hong Kong businesses, homeowners

by Anas Siddiqui
HSBC keeps prime rate at 5.875%, as wait for relief goes on for Hong Kong businesses, homeowners

Hong Kong’s biggest lender HSBC will keep its key lending and deposit rates unchanged, meaning local businesses and mortgage borrowers will have a longer wait for the cost of borrowing …

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HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme

by Anas Siddiqui
HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme

International school visits, property outlook seminars, lucky draws and wine tastings are just some of the freebies that major Hong Kong banks have in store for mainland Chinese customers visiting …

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Hong Kong SMEs’ second-quarter business confidence shaky as consumer spending remains a concern

by Anas Siddiqui
Hong Kong SMEs’ second-quarter business confidence shaky as consumer spending remains a concern

Confidence among small and medium-sized enterprises (SMEs) in Hong Kong’s business climate has improved slightly, but it remains well below the year-earlier level when confidence soared on the back of …

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Apec Business Advisory Council meeting: Hong Kong teeming with wealth-creation opportunities despite headwinds

by Anas Siddiqui
Apec Business Advisory Council meeting: Hong Kong teeming with wealth-creation opportunities despite headwinds

Hong Kong offers plenty of wealth management and stock market opportunities despite a flurry of headwinds and uncertain economic outlook in China, top business leaders said at a high-level conference …

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HKMA launches one-stop SME platform to help Hong Kong’s small businesses cope with challenges

by Anas Siddiqui
HKMA launches one-stop SME platform to help Hong Kong’s small businesses cope with challenges

The Hong Kong Monetary Authority (HKMA) has launched a one-stop SME information platform on its website as part of its ongoing efforts to help small and medium-sized enterprises affected by …

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Green innovation: Hong Kong start-ups nurture trillions of tiny algae as carbon-capture tech to address climate change

by Anas Siddiqui
Green innovation: Hong Kong start-ups nurture trillions of tiny algae as carbon-capture tech to address climate change

Most plant life on the planet does the same thing, producing oxygen and energy for its own use in the process. But microalgae have a prodigious capacity for carbon dioxide …

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