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Enoch Yiu
Chief Reporter, Business
Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.
Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.
Areas of Expertise:
Reporting financial regulation, banking, pension, insurance, asset management, personal profileLanguages Spoken:
English, Mandarin, Cantonese
Georges Elhedery declined to confirm whether HSBC applied for stablecoin licence but indicated that discussions with regulator were ongoing.
Net profit in 2025 rises to HK$17.75 billion (US$2.28 billion), beating market expectations.
HKEX proposes to shorten stock settlement cycle from current two days after transactions to one day to bolster city as global financial centre.
HSBC reported a 7 per cent profit drop, but shares rose on its CEO’s comments on higher return goals, steady dividends and new growth plans.
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Former HKEX listing division staffer and two relatives used confidential information to trade shares between 2020 and 2025.
From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.
The London-based bank’s underlying pre-tax profit stood at US$7.9 billion last year, versus a gain of US$6.8 billion in 2024.
Hiring in Hong Kong finance rose by 4,800 roles in the year to September, official figures show, as listings and trading gathered pace.
The Hang Seng Index fell 1.1 per cent on the first day of trading of the new year, while local gold prices rose 0.6 per cent.
Bank of China (Hong Kong) is giving away hampers, ZA Bank is paying a HK$10,000 bonus, while HSBC and Hang Seng are offering HK$500.
HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.
Volatility looms in the Year of the Horse, analysts forecast, after the Year of the Snake delivered estimated earnings of US$32 billion.
Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says.
City should pitch Southeast Asia, Middle East to draw global listings and issue long-term bonds to attract patient capital, think tank says.
The two financial hubs are best choices for global investors seeking to diversify their portfolios amid geopolitical risks, Tan Su Shan says.
The units on offer included 153 two-bedroom and 65 three-bedroom units, ranging from HK$4.6 million to HK$10.2 million.
Global investors want more than equities, prompting HKEX to expand into bonds and commodities, says CEO.
The city’s largest developer says it is looking into news reports related to Maureen Fung and ‘will follow up as may be appropriate’.
SFC warns over deal-chasing, staff shortages and unchecked use of AI undermining IPO preparations.
Monetary authority signals tougher scrutiny of tech risks after shutdown, as it also moves closer to issuing stablecoin licences.
The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.
The bank’s mobile app and in-person services at several branches were unavailable for up to several hours for some customers during the outage.
Ashley Alder, chairman of the Financial Conduct Authority, joins the British delegation, with UK-China links high on the agenda.
Analysts see the first US rate cut in June, with a falling Hong Kong interbank rate set to bring relief to borrowers.
The Exchange Fund’s full-year earnings jumped 51 per cent to HK$331 billion (US$42 billion), from HK$218.8 billion in 2024.
City can unlock opportunities providing capital for companies and Belt and Road Initiative infrastructure projects, advisory council says.
As Hong Kong and Shanghai deepen cooperation in the gold market, officials are hailing the agreement as ‘the dawn of a new chapter’.
PBOC to increase yuan facility to US$28.68 billion and issue more sovereign yuan bonds to enhance city’s role as yuan hub, official says.
Most new mortgages, many corporate loans are based on interbank rates, which will continue to fall, monetary authority’s deputy chief says.
