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Hong Kong holds base rate steady, after US Fed's unanimous vote to 'keep options open' dashed optimism for an earlier cut

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the Federal Reserve’s decision at its first rate meeting this year, sparing the city’s businesses and homeowners from higher borrowing costs. ....

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Hong Kong Rising Affluent Focus on Portfolio Diversification But Planning Gaps Exist

Charles Schwab Study found that two-thirds of rising affluent in Hong Kong felt financially unprepared and less than four percent have a modern financial plan HONG KONG, Jan. 28, 2021 /PRNewswire/ Charles Schwab, Hong Kong, Ltd. today announced the findings from its "Hong Kong Rising Affluent Financial Well-being Index 2020". This year's survey found that rising affluent in. ....

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