Hong Kong Warns on Home Loan Risks, Daily Says, as Prices Soar

The Hong Kong Monetary Authority has warned banks in the city over the rising risks of property lending, according to the Oriental Daily, just as home prices notch up another record in the world’s most expensive housing market and Citigroup Inc. sees an ... ( read original story ...)

Hong Kong trade finance goes Deloitte-fully blockchain

and trade finance banks in Hong Kong have developed a distributed ledger technology (DLT) proof of concept (PoC) for trade finance. Industry participants include Bank of China (Hong Kong), the Bank of East Asia, Hang Seng Bank, HSBC and Standard Chartered ... ( read original story ...)

Reliance Home Comfort sold for $2.8B to Hong Kong firm

One of Hong Kong's richest families is planning to buy Reliance Home Comfort, an Ontario-based company that services home furnaces and air conditioning systems. Alinda Capital Partners is selling Reliance for $2.82 billion Cdn to a subsidiary of Cheung ... ( read original story ...)