Category: FINANCE

That’s killing the Hong Kong dollar carry trade by making money more expensive in the city. Rates are likely to remain elevated in July, according to Carie Li, an economist at OCBC Wing Hang Bank. ... ( read original story ...)

42.1% of Bank of Montreal shares are owned by institutional investors. Comparatively, 0.1% of Boc Hong Kong shares are owned by institutional investors. 1.0% of Bank of Montreal shares are owned by ... ( read original story ...)

That’s killing the Hong Kong dollar carry trade by making money more expensive in the city. Rates are likely to remain elevated in July, according to Carie Li, an economist at OCBC Wing Hang Bank Ltd. ... ( read original story ...)

One may say this is just a sign that the Hong Kong Monetary Authority is doing its job. A shrinkage in the central bank’s aggregate balance causes interbank rates to rise: This is the mechanism that ... ( read original story ...)

It all added up to a rally that pushed the Hong Kong dollar to its strongest in seven months. With interbank liquidity remaining low after the city’s de facto central bank spent billions defending the ... ( read original story ...)

BANGKOK -- Siam Commercial Bank, Thailand's largest lender by assets, has agreed to sell its life insurance business to a Hong Kong-based FWD Group Financial Services after nearly four months of ... ( read original story ...)

TOKYO/HONG KONG -- Initial public offerings in the Hong Kong market surged during the first six months of 2019, despite concerns about the city's relationship with mainland China and the outbreak ... ( read original story ...)

Many people have benefited,” he wrote on his blog. He also singled out the launch of the Faster Payment System , a Hong Kong Monetary Authority platform that allows bank customers to transfer money, ... ( read original story ...)

Hong Kong accounts for between 5 percent and 10 percent of global ... particularly around the anniversary of the 1997 handover to China on July 1. Quantifying the financial impact on the luxury market ... ( read original story ...)

Leaders from the global biotechnology community gathered in the Hong Kong Financial Hall, including biotech-related Nobel Prize, Turing Award, Fields Prize winner. Chen Maobo, Financial Secretary ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation reduced its cash rebate rate from 2.07 percent to 1.5 percent for customers transforming their mortgage to HSBC, regardless of the amount of the mortgage, ... ( read original story ...)

Hong Kong’s belated embrace of diversity has meant a dozen of its banks are now run by women, but there’s clearly more work to be done. When Margaret Leung, a veteran Hong Kong banker, was appointed ... ( read original story ...)

In Hong Kong, HSBC is the bank others are measured by and, in many cases, aspire to be, notably the big Chinese state banks in their forever-quest to usurp it. Yet again, ‘The bank’, as it’s known, ... ( read original story ...)

In Hong Kong's vibrant startup ecosystem, women are willing to step out of their comfort zones and perform well - including the fintech industry. Co-founded by entrepreneur Bianca Ho, who moved from ... ( read original story ...)