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Tag: stock market

Posted on 15/11/2023

Stock market today: Asian shares get a lift from rally in US following encouraging inflation report

Asian shares surged higher on Wednesday, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation. Tokyo's benchmark Nikkei ... ( read original story ...)

Posted on 15/11/2023

China c.bank boosts liquidity injection through policy loan, rate unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. ( read original story ...)

Posted on 15/11/2023

HSBC and Ant Group test tokenized deposits under HKMA sandbox

Banking giant the Hong Kong and Shanghai Banking Corporation (HSBC) has tested the use of tokenized deposits — from issuance to transfer to redemption — with major Chinese financial services ... ( read original story ...)

Posted on 15/11/2023

Ping An’s Fintech Unit Lufax to Buy HK Virtual Bank From Chinese Insurance Giant’s Other Fintech Unit OneConnect

(Yicai) Nov. 15 -- Ping An Insurance Group’s financial technology unit Lufax Holding will buy the Hong Kong virtual bank of OneConnect Financial Technology, another fintech unit of the Chinese ... ( read original story ...)

Posted on 15/11/2023

China central bank boosts liquidity injection through policy loan, rate unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participa ... ( read original story ...)

Posted on 14/11/2023

Stock market today: Asian shares are mostly higher ahead of US inflation data and a US-China summit

Asian shares are trading mostly higher ahead of potentially market-moving developments, including a U.S.-China summit and data releases in the U.S., Japan and China ... ( read original story ...)

Posted on 14/11/2023

The drive of CARS to support city’s net-zero transition highlights the shared goal of Wofoo Social Enterprises and The Hongkong Bank Foundation

Since its launch in 2020, the Climate Action Recognition Scheme (CARS) has effectively tapped into the creativity of socially aware young green entrepreneurs in Hong Kong. ( read original story ...)

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