Economists who argue that the territory is still in good financial health point to Hong Kong’s low debt and more than HK$600bn in fiscal reserves, amounting to more than 20 per cent of GDP.
China is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record capital ...
HONG KONG/SYDNEY-HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia ...
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