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Category: FINANCE

Posted on 15/02/2019

Better than expected export figures for January fail to boost Hong Kong, Shanghai indices

The Hong Kong stock market shed some of the gains made this week to ... Chinese Vice-Premier Liu He and People’s Bank of China governor Yi Gang will continue their meeting with US Trade Representative ... ( read original story ...)

Posted on 15/02/2019

Hong Kong banks need to increase anti-cybercrime efforts, says exec

If Hong Kong wants to combat cybercrime and protect the interests of consumers, it needs to boost its efforts to contain the dramatic increase in cyber attacks, a senior banking executive in the city ... ( read original story ...)

Posted on 15/02/2019

Bank of New York Mellon Corp Cuts Position in Halcon Resources Corp (HK)

Complete the form below to receive the latest headlines and analysts' recommendations for Halcon Resources with our free daily email newsletter: Bank of New York Mellon Corp decreased its holdings in ... ( read original story ...)

Posted on 15/02/2019

Cyber attack on Malta bank tried to transfer cash abroad

the Czech Republic and Hong Kong. The funds have been traced and the Bank of Valletta is seeking to have the fraudulent transactions reversed. Muscat said the attack was detected soon after the start ... ( read original story ...)

Posted on 15/02/2019

HK office rent tops globally, but demand remains supportive

A recent speech by Federal Reserve chairman Jerome Powell has even encouraged the markets to speculate on a possible reversal of the central bank policy stance ... the performance of Hong Kong REITs i... ( read original story ...)

Posted on 15/02/2019

Laptop ‘for him’, vacuum ‘for her’? HSBC draws ire with Valentine offer

LONDON (Reuters) - A Valentine’s day special deal for HSBC staff in Hong Kong offering discounted laptops ‘for him’ but vacuum cleaners and kitchen appliances ‘for her’ has angered staff ... ( read original story ...)

Posted on 14/02/2019

Hong Kong stocks end weaker ahead of trade talk outcome

HONG KONG, Feb 14 (Reuters) - Hong Kong shares closed lower on ... while the IT sector closed 0.8 percent lower, the financial sector ended flat and the property sector ended 0.1 percent firmer. ** Ch... ( read original story ...)

Posted on 14/02/2019

Half of Hong Kong’s tycoons saw their wealth fall over the past year

But the biggest loser was Pollyanna Chu, who saw 73 per cent of her fortune wiped out following warning from Hong Kong’s Securities and Futures Commission that her company, Kingston Financial’s shares ... ( read original story ...)

Posted on 14/02/2019

Financial Review: MMA Capital (MMAC) versus HONGKONG LD HOL/ADR (HNGKY)

MMA Capital (NASDAQ:MMAC) and HONGKONG LD HOL/ADR (OTCMKTS:HNGKY) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their instituti... ( read original story ...)

Posted on 14/02/2019

Sun Life Financial Reports Fourth Quarter and Full Year 2018 Results

Adjusted premiums and deposits is a non-IFRS financial measure that excludes from premiums ... In both cases, the decrease was attributable to Hong Kong in SLF Asia, partially offset by increases in G... ( read original story ...)

Posted on 13/02/2019

Hong Kong to allow extradition of criminals to China for first time

He added that anyone who transferred through Hong Kong airport, a major international hub, would be at risk of extradition to China under the amendment. He said the case of Meng Wanzhou, the chief fin... ( read original story ...)

Posted on 13/02/2019

Hong Kong and Ireland Look to Forge Closer Financial Co-Operation Including Fintech

The Hong Kong Secretary for Financial Services and the Treasury, James Lau, is visiting Ireland to foster closer financial co-operation between the two countries. According to a release, Lau met with ... ( read original story ...)

Posted on 13/02/2019

Hong Kong banks must step up cybersecurity, protect customers’ data as online scams multiply, warns industry leader

Hong Kong’s banks must step up their efforts to combat cybercrime and protect customers’ data amid a dramatic rise in online attacks, one of the city’s most senior banking executives has warned. Mary ... ( read original story ...)

Posted on 13/02/2019

Hong Kong capital finds way to Vietnam amid trade war

The Vietnamese Ministry of Planning and Investment recorded $19 billion of foreign direct investment from Hong Kong in the first half of 2018. Terence Chiu, head of Commercial Banking at HSBC Bank (Ho... ( read original story ...)

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