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HKMA fines DBS Hong Kong US$1.28 million after money-laundering investigation
South China Morning Post via Yahoo Singapore Finance· 2 days agoThe Hong Kong Monetary Authority (HKMA) has fined DBS Bank (Hong Kong) HK$10 million (US$1.28 million) for breaching anti-money-laundering and counterterrorist financing rules ...
Hong Kong start-ups shine at China's largest AI show amid city's drive for Asian tech hub status
South China Morning Post via Yahoo Singapore Finance· 2 days agoArtificial intelligence (AI) start-ups from Hong Kong grabbed some of the spotlight at the three-day...
Hong Kong stocks decline as EU tariffs slam Chinese EVs; Geely, Li Auto main drags
South China Morning Post via Yahoo Singapore Finance· 2 days agoThe Hang Seng Index fell 1.3 per cent to 17,799.61 on Friday, while the Tech Index weakened 1.5 per cent. The Shanghai Composite Index declined 0.3 per cent and struck a five-month low. Geely ...
HSBC fined record US$3 million for use of 'unauthorised' agents in MPF recruitment scheme
South China Morning Post via Yahoo Singapore Finance· 2 days agoHSBC, Hong Kong's biggest lender, has been hit with a record fine of HK$24 million (US$3 million) by...
Hong Kong stocks boosted by US rate cut hopes, EV makers surge as EU divided on tariffs
South China Morning Post via Yahoo Singapore Finance· 3 days agoHong Kong stocks jumped as risk appetite received a boost after soft US data and dovish comments on the inflation outlook in the Federal Reserve's minutes. BYD and Li Auto rallied as EU countries ...
Upbeat and hopeful: China Conference panel optimistic about Hong Kong's future prospects
South China Morning Post via Yahoo Singapore Finance· 3 days agoOverseas start-ups and entrepreneurs believe Hong Kong is an attractive place to develop their...
Hong Kong shares boosted by Alibaba, Meituan; gains capped as services activity slows
South China Morning Post via Yahoo Singapore Finance· 4 days agoHong Kong stocks advanced for a third straight day as heavyweight Alibaba Group sparked a tech rally, while mainland investors lent support piling into high dividend stocks. Gains were tempered ...
Hong Kong banks to reap rewards of high interest rates until late next year, KPMG says
South China Morning Post via Yahoo Singapore Finance· 4 days agoHong Kong's banks saw moderate growth to their balance sheets last year as the high interest rate...
Sun Life, Hang Seng expand services for rich clients, tout Hong Kong's family office push
South China Morning Post via Yahoo Singapore Finance· 4 days agoCanadian insurer Sun Life Financial and HSBC's subsidiary Hang Seng Bank are expanding their...
China kicks off largest AI conference in Shanghai as tech rivalry with the US heats up
South China Morning Post via Yahoo Singapore Finance· 4 days agoChina's largest artificial intelligence (AI) conference will kick off in Shanghai this Thursday,...