Category: FINANCE

More than 10 Barclays relationship managers in Hong Kong are joining Standard Chartered ahead of the transfer of the business to Oversea-Chinese Banking Corp. Barclays agreed in April to sell its private-banking operations in Hong Kong and Singapore to ... ( read original story ...)

Hong Kong’s property market rebound creates potential risks for the mortgage books of the city’s banks, according to Moody’s Investors Service. “Banks will face even higher latent risks in future mortgage underwriting, as their valuations catch up ... ( read original story ...)

Hong Kong shares were also boosted by data showing Chinese banks ... while money supply growth edged up, indicating the central bank is keeping policy accommodative to support economic growth. Most sectors rose, with properties and construction and ... ( read original story ...)

08:10p DJ MARKET SNAPSHOT: Stocks Slump As Investors Shrug At Solid Earnings To Focus On .. 08:03p ROYAL BANK OF SCOTLAND: RBS says RT's bank accounts in Britain are still operat.. 07:43p DJ MARKET SNAPSHOT: Stocks Dip As Investors Shrug At Better-than ... ( read original story ...)

Located deep in the wetlands region of Hong Kong is a mill that stopped operating nearly a decade ago. Once a part of the city's thriving textile industry, which has since migrated to mainland China, the 55-year-old building has been spared demolition. ( read original story ...)

BOC Hong Kong (Holdings) Limited ("BOCHK (Holdings)") today announced that with respect to the asset restructuring of the Bank of China Group ("BOC Group") in the ASEAN region, all of the conditions precedent set out in the BOC Malaysia Share Purchase ... ( read original story ...)

HONG KONG, CHINA--(Marketwired - Oct 17, 2016) - CSG Research participated in a worldwide poll on the forthcoming US Elections in collaboration with WIN/Gallup International, the largest network of the world's top independent pollsters. This survey was ... ( read original story ...)

Caution over a slew of Chinese economic data due out this week saw Hong Kong markets slip in early Monday morning trade, but property stocks gained thanks to a strong weekend of sales. The Hang Seng Index opened down 0.70 per cent or 163.17 points to ... ( read original story ...)

By the midday break, Hong Kong's Hang Seng index had lost 0.4 percent to 23,134.75 ... on a debt-to-equity swap deal struck between its parent and China Construction Bank. ( read original story ...)

Hong Kong stocks extended last week’s slump as casino operators tumbled after Chinese authorities detained employees from billionaire James Packer’s Crown Resorts Ltd., while property developers led losses by financial shares. The Hang Seng Index fell ... ( read original story ...)

The Hong Kong stock market on Friday halted the four-day losing streak in which it had fallen more than 925 points or 4 percent. The Hang Seng Index settled just above ... who said the central bank should consider running a "high-pressure economy" to ... ( read original story ...)

The Hang Seng Index fell 0.4 percent ... signaled Friday that the central bank will remain deliberate in raising interest rates as the odds for monetary tightening in December hovered above 60 percent. With Hong Kong’s currency pegged to the dollar ... ( read original story ...)

South Korea's Kospi gained 0.1 per cent to 2,025.97, while Australia's S&P/ASX 200 dipped 0.5 per cent to 5,406.40. Hong Kong's Hang Seng slipped 0.6 per cent to 23,093.51 and the Shanghai Composite index fell 0.1 per cent to 3,062.53. The SET of Thailand ... ( read original story ...)

(Bloomberg) -- Hong Kong is becoming the new wild east as mainland investors increasingly target the city’s stocks. Swings in the Hang Seng China Enterprises Index ... HSBC Holdings Plc and Industrial & Commercial Bank of China Ltd., the two most traded ... ( read original story ...)