Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Hong Kong Financial"


4 mentions found


Asia's first ETF tracking Saudi equities debuts in Hong Kong
  + stars: | 2023-11-29 | by ( Xie Yu | ) www.reuters.com   time to read: +3 min
Bull statues in front of screens showing Hong Kong stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Nov 29 (Reuters) - A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid warming bilateral relations between China and Saudi Arabia. The ETF, called CSOP Saudi Arabia ETF (2830.HK), is managed by Hong Kong-based CSOP Asset Management. "Today is a milestone in our financial cooperation with Saudi Arabia," said Hong Kong Financial Secretary Paul Chan at a launch event. Through the ETF, investors in Hong Kong will be able to trade Saudi stocks including the oil giant Saudi Aramco (2222.SE) and the Saudi National Bank (1180.SE) in Hong Kong dollars or Chinese yuan.
Persons: Tyrone Siu, CSOP, Paul Chan, Yazeed, Humied, PIF, Xie Yu, Sumeet Chatterjee, Christopher Cushing Organizations: REUTERS, Saudi, Saudi Arabia ETF, HK, Management, Public Investment Fund, Hong, Hong Kong Financial, FTSE, Saudi Aramco, Saudi National Bank, Reuters, Hong Kong Stock Exchange, bourse, ETF, People's Bank of China, Saudi Central Bank, Thomson Locations: Hong Kong, Exchange, China, HONG KONG, Asia, Saudi Arabia, Saudi, FTSE Saudi Arabia, Europe, East, Africa, Beijing, Riyadh
Hong Kong financial secretary discusses rates, property sector
  + stars: | 2023-11-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur mortgage-to-income ratio is still at a 'very comfortable' level: Hong Kong financial secretaryPaul Chan, Hong Kong financial secretary, discusses Hong Kong's property market and how residents are positioned for higher-for-longer interest rates.
Persons: Paul Chan Organizations: Hong Locations: Hong Kong
WASHINGTON, Oct 27 (Reuters) - Two U.S. lawmakers on Thursday urged top American bankers to cancel their planned attendance at a Hong Kong financial summit next week, saying their participation would contribute to Chinese government rights abuses. Hong Kong officials hope the event will signal a re-opening from COVID-19 border restrictions, but it has raised the ire of Hong Kong activists after authorities used a national security law to stifle dissent in the former British colony. The State Department last year warned U.S. businesses of civil and criminal penalties should they violate U.S. sanctions by "engaging in certain transactions" with sanctioned Hong Kong and Chinese officials. Hong Kong reverted to Chinese from British rule in 1997 with the guarantee of a high degree of autonomy, which critics say Beijing has significantly eroded. Republicans, who hope to win control of Congress in November midterm elections, have also slammed executives for their plans to attend the Hong Kong event.
Hong Kong CNN Business —Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. Under the current rules, travelers are free to move around, although they may not be allowed into restaurants or bars during the first three days of their stay. The summit was announced by Hong Kong Financial Secretary Paul Chan in February. Hong Kong is the base for JPMorgan’s Asia Pacific headquarters, as well as those of many other financial firms. Now, the conference will be an important part of the city’s efforts to show that it’s truly reopened for global business.
Total: 4