News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>HSBC Research: Active Capital Mkt Remains Key Catalyst; BOC HONG KONG/ BANK OF E ASIA/ HKEX Preferred
Driven by HKD deposits, deposits in Hong Kong banks continued to grow by 0.8% MoM or 3.5% YoY, according to a report from HSBC Global Research. The vibrant capital market was also ...
Reset
Send
The window will close in 5 seconds
<Research>HSBC Research: Active Capital Mkt Remains Key Catalyst; BOC HONG KONG/ BANK OF E ASIA/ HKEX Preferred
Close
Recommend
24
Positive
30
Negative
13
 
 

Driven by HKD deposits, deposits in Hong Kong banks continued to grow by 0.8% MoM or 3.5% YoY, according to a report from HSBC Global Research. The vibrant capital market was also conducive to financing demand.

Meanwhile, property development and investment loans fell by 2.7% QoQ or 13.4% from the peak in 2022, but the number of active IPO applications rose to 161 from 120 in March, said the report. Looking ahead, the strong IPO momentum will benefit both Hong Kong banks' turnover and margin financing demand.

Related NewsCICC: HSI Could Return to 24,000 Lv. Under Optimistic Scenario; Tariff Talks, Domestic Stimulus Clarity Needed for Medium- to Long-Term
HSBC Global Research was bullish on BOC HONG KONG (02388.HK)  +0.150 (+0.459%)    Short selling $165.20M; Ratio 27.705%   and BANK OF E ASIA (00023.HK)  -0.020 (-0.181%)    Short selling $2.77M; Ratio 25.344%   in the banking sector. It also preferred HKEX (00388.HK)  +4.000 (+1.092%)    Short selling $744.15M; Ratio 15.924%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-07 16:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.