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Month: August 2018

Posted on 31/08/2018

Citi appoints consumer business manager for Hong Kong

Citi has appointed Lawrence Lam as consumer business manager for Hong Kong, effective immediately. In this role, Lam has overall responsibility for Citi's consumer banking business in Hong Kong, cover... ( read original story ...)

Posted on 31/08/2018

HK lawmaker urges Silicon Valley linkages to boost startups

Hong Kong authorities hope the city could be turned into an Asian Silicon Valley, as they step up spending on tech-related facilities and launch various programs to boost innovation and support a star... ( read original story ...)

Posted on 31/08/2018

Hong Kong’s Bank of East Asia slims down with digital banking

At a typical BEA location in a Hong Kong shopping center, business is conducted paperlessly. Instead of handing out fliers, bank employees standing behind counters show customers the lineup of ... ( read original story ...)

Posted on 31/08/2018

Hong Kong home prices hit another record but seen cooling as rates rise

A 650 square foot (60.4 square metre) flat on Hong Kong Island costs an average of HK$11.6 million ($1.48 million), according to July data from property agency Midland Realty. Soaring real estate ... ( read original story ...)

Posted on 31/08/2018

Hong Kong developer Swire Properties withdraws luxury apartments from market amid souring sentiment

Hong Kong developer Swire Properties withdrew a luxury serviced ... and had decided to continue holding the property as a long-term investment. Taikoo Place Apartments will continue to operate as a se... ( read original story ...)

Posted on 31/08/2018

Top-10 Artificial Intelligence Startups in Hong Kong

Hong Kong has a very special place in our hearts. It’s the safest place on the planet, with beautiful local people who are shy and endearing, who harbor a fondness for taking pictures of their food, w... ( read original story ...)

Posted on 31/08/2018

Hong Kong Wine and Dine Festival Celebrates a Decade of Decadence

The 10th edition of the Hong Kong Wine & Dine Festival will be the largest ever. Both the venue size and the number of booths will surpass those of previous editions. (Photo: Business Wire) The China ... ( read original story ...)

Posted on 31/08/2018

BOC Hong Kong (Holdings) Ltd. ADR 2018 Q2 – Results – Earnings Call Slides

The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2018 Q2 earnings call. 122 Click to enlarge Notes: ( read original story ...)

Posted on 30/08/2018

Hong Kong posts slower retail sales growth, outlook clouded by trade spat

HONG KONG (Reuters) - Hong Kong’s retail sales grew at a slower pace in July after five straight months of double-digit gains, government data showed on Thursday, with the outlook overshadowed by conc... ( read original story ...)

Posted on 30/08/2018

Hong Kong-listed Chinese developers post strong profits. So why aren’t investors on a buying binge?

China’s Hong Kong-listed developers have been reporting strong half-year profits. But investors are looking ahead to see heavy weights on what has been a booming sector. The chief driver of Chinese de... ( read original story ...)

Posted on 30/08/2018

Hong Kong’s digital banking push pits tech newcomers against old-guard lenders

HONG KONG (Reuters) - At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong’s retail and small business banking market as the regulator prepares to award the for... ( read original story ...)

Posted on 30/08/2018

Hong Kong is boosting its links to Chinese banks — but there are risks involved

Hong Kong's financial regulator announced this month it had fined a Chinese bank for laxity in monitoring customer relationships over money-laundering fears. Analysts say Chinese regulation can be les... ( read original story ...)

Posted on 30/08/2018

Hong Kong insurer ‘to snap up HSBC stake’ in joint venture

Hong Kong/Kuala Lumpur — Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings’ stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people ... ( read original story ...)

Posted on 30/08/2018

Hong Kong Unveils List of Professionals It Wants to Lure

... comes as the Asian financial hub seeks to bolster its competitiveness in finance and catch up on technology with the neighboring mainland hub of Shenzhen. Hong Kong is also looking to enhance its ... ( read original story ...)

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