US Federal Reserve Chairman Jerome Powell speaks in Washington after raising short-term interest rates by a quarter of a percentage point. Photo: Xinhua

Hong Kong shares slip after top banks including HSBC raise prime lending rates

Some of Hong Kong’s major lenders raise their prime rates after the city’s de facto central bank increases its base rate in lockstep with the US Federal Reserve

Topic |   Stocks

TOP PICKS

US Federal Reserve Chairman Jerome Powell speaks in Washington after raising short-term interest rates by a quarter of a percentage point. Photo: Xinhua
READ FULL ARTICLE