Category: FINANCE

We look back on some of the most significant trends affecting banking careers in Hong Kong this year. http://news.efinancialcareers.com/hk-en/268033/hong-kong-tech-skill-shortage-stan-chart-cio/ It’s been a year to endure rather than enjoy in Hong Kong ... ( read original story ...)

HONG KONG Hong Kong's financial firms must register managers responsible for the day-to-day running of regulated activities in an effort to make individuals more accountable, its securities regulator said on Friday. People with overall management oversight ... ( read original story ...)

A group of energetic children ­immediately went quiet as a Hang Seng Bank employee in a green jacket walked up to the stage holding his arms above his head to form a triangle. “Christmas Tree!” the 20 children, aged four to eight, shouted as they sat ... ( read original story ...)

While local banking stocks like Hang Seng Bank and Bank of China Hong Kong are expected to gain from the rate , most of them didn’t perform well this morning because “the (benchmark) index performance is too bad”, he said. The US interest rate rise ... ( read original story ...)

HONG KONG--Hong Kong's financial chief quit Monday, in what is widely seen as a prelude to a leadership bid for the southern Chinese city's top job. Financial Secretary John Tsang said he submitted his resignation to the current leader, Chief Executive ... ( read original story ...)

HONG KONG, Dec 15 The Hong Kong Monetary Authority on Thursday raised the base rate charged through its overnight discount window by 25 basis points to 1 percentage point. The move from Hong Kong's de facto central bank followed the U.S. Federal Reserve's ... ( read original story ...)

There was no surprise in the Fed rate decision, but expectations of a faster pace of 2017 tightening were important in undermining Hong Kong stocks with fears over ... in political tensions with the US. The Hang Seng index opened significantly lower ... ( read original story ...)

Bank of China (Hong Kong) Limited (BOCHK) is a leading listed commercial banking group in Hong Kong with strong market positions in all major businesses. It has the most extensive local branch network and diverse service platforms, including about 220 ... ( read original story ...)

HONG KONG Dec 15 The Hong Kong Monetary Authority on Thursday raised the base rate charged through its overnight discount window by 25 basis points to 1 percentage point. The move from Hong Kong's de facto central bank followed the U.S. Federal Reserve's ... ( read original story ...)

Hong Kong stocks slumped to a four-month low, tracking Asian markets, after the US Federal Reserve raised interest rates and rate-path projections. The benchmark Hang Seng index extended early losses to end down 1.8 per cent, at 22,059.40 points. ( read original story ...)

Jetco, the largest ATM network in Hong Kong, expects to see local lenders including BOC Hong Kong (2388) and Standard Chartered Bank joining its P2P platform next year.Hang Seng Bank (0011) and Hongkong Shanghai Banking Corporation, which are not part of ... ( read original story ...)

The projected lower bound is: 21,841.36. The projected closing price is: 22,434.06. HANG SENG INDEX closed up 9.920 at 22,456.619. Volume was 8% above average (neutral) and Bollinger Bands were 40% narrower than normal. HANG SENG INDEX is currently 3.2% ... ( read original story ...)

which would tend to have an important negative impact on the Hong Kong economy. There were further underlying concerns surrounding pressure on the currency peg and important damage to competitiveness. The Hang Seng index opened higher, but again hit ... ( read original story ...)

Benjamin Quinlan decided to take a break from his Hong Kong-based banking and consulting career. But this isn’t another story of a banker shifting to tech or the buy-side. Quinlan instead took a seven-month sabbatical to travel…and become a stand-up ... ( read original story ...)