HSBC gets approval for China securities joint venture

HSBC has received approval from regulators to set up a majority-owned securities joint venture in China, the first for a foreign group in the country. Hong Kong-based Bank of East Asia was also granted approval by the China Securities Regulatory Commission ... ( read original story ...)

HSBC on track to report big jump in second quarter profit

HSBC’s shares have risen 49 per cent in the past year, as of its close at HK$76.7 on Tuesday. HSBC, the biggest lender in Hong Kong and Europe, is expected to report a 17 per cent year on year rise in unadjusted net profit growth in the second quarter to ... ( read original story ...

A numismatic tour of Hong Kong

the Hongkong and Shanghai Banking Corporation (HSBC), the Standard Chartered Bank, and the Bank of China. The notes share identical colors between the three banks, but the designs are noticeably different. Now, let’s presume you find yourself in Hong ... ( read original story ...)

Hong Kong-China train station could apply mainland law

Hong Kong's government has unveiled a controversial plan which would allow Chinese mainland law to apply in the territory for the first time. It's part of attempts to streamline operations at the new Guangzhou-Shenzhen-Hong Kong Express Rail Link ... ( read original story ...)

Three things I wish I’d understood about money a long time ago

I paid approximately US$180,000 for a little one-bedroom walk-up flat in Central, Hong Kong. I took out a 50 percent mortgage to buy it, so my down payment after stamp duties, agents’ fees and other expenses was roughly US$100,000. I could have bought ... ( read original story ...)