Markets

HKEX lists first MSCI China A 50 Connect Index ETFs

A total of three EFTs listed on the bourse.

HKEX mulls establishment of New York office

The office is expected to open as early as 2022.

HSBC appoints co-heads for commercial banking business in Asia: report

Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.

HKEX profit declines anew, falling ​​to HK$3.3 billion in Q3

The bourse’s income was dragged down by the delay in potential billion-dollar IPOs.

HKEX enters China's derivatives market with A-share futures launch

The bourse’s new futures contract is based on the MSCI China A 50 Connect Index.

How HKEX's A-share futures launch will shake up Singapore’s monopoly in China

SGX shares already slumped 4% when HK announced the futures’ launch on 23 August.

HK cancels Wednesday stock trading due to Typhoon Kompasu

The Hong Kong-China stock connect and derivatives markets were also halted.

Evergrande shareholder Chinese Estates offers to go private

The firm’s remaining stake is being bought at HK$1.91b.

Hang Seng reveals new sustainability rating scale

It reflects companies' performance using the ESG maturity model.

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

International Housewares net profit rose 68.9% YoY

It also reached a “historical high” revenue of HK$2.7b.

Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns

The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.

Why Hong Kong’s Small Businesses Need to Reimagine Future Growth

Hong Kong’s small business owners need to act quickly if they’re to mitigate against supply chain disruption and find customers in new markets.