The bank's analysts started coverage of crypto exchange OSL with a buy/high risk rating and a HK$21.80 price objective ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency's strength threatens its peg to the U.S. dollar.
(Bloomberg) -- Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this year. The city’s currency has recently experienced wild swings, ...
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 Read ...
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have surpassed 2 billion Hong Kong dollars (roughly $256 million) in assets under management (AUM). The Hong Kong Bitcoin (BTC) ETFs have had a ...
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. What happened alongside the TWD appreciation was an outsized ...
HSBC, which already owns around 63% of Hang Seng, is proposing to pay around £10.2 billion on buying out the remaining shares ...