Aquino said five Hong Kong nationals, two of them chemists ... Last year, the PDEA together with agents of the Bureau of Customs (BOC) confiscated P6.4 billion worth of shabu during raids on warehouse... ( read original story ...)
Hong Kong national a person of interest in shabu shipment
MANILA, Philippines — A Hong Kong man tagged as the local mastermind in a P6.8-billion ... worth of shabu contained in large steel cylinders that slipped through the BOC in May 2017. The cylinders wer... ( read original story ...)
Hong Kong stocks fall for a fifth month amid trade tensions
Adding to the pressure on the property sector in Hong Kong, banks including HSBC Holdings, Hang Seng Bank, Standard Chartered and BOC Hong Kong Holdings on Thursday raised their lending rates in ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Long Term Bearish Outlook
In Hong Kong, the sub-index of the Hang Seng index tracking energy shares rose 3.5 percent, while the IT sector gained 1 percent. The top gainer on Hang Seng was PetroChina Co Ltd, up 5.02 percent, wh... ( read original story ...)
How long can Hong Kong ride the IPO wave before it turns into the dotcom tsunami of 2000?
A record number of Chinese tech and internet companies are rushing to launch IPOs overseas this year, amid the looming shadow of overall tightening credit conditions, which bears a lot of similarities ... ( read original story ...)
Older millionaires becoming just as digitally savvy as younger ones, says Citi’s new HK chief
Citi’s new chief executive in Hong Kong says the US banking giant plans to cast its digital wealth management net far wider than its competitors, by targeting older as well as younger aspirational cus... ( read original story ...)
Hong Kong rail operator banking on huge influx of mainland China tourists to give flagging passenger numbers a boost during ‘golden week’
Hong Kong’s new cross-border high speed rail services carried only about half of the estimated 80,000 daily in its first five days, but its operator expects “robust demand” as the mainland starts a 10 ... ( read original story ...)
450,000 Hong Kong bank customers to benefit from instant QR-code-based money transfer system from Sunday
More than 450,000 bank customers will be able to transfer money, shop and pay bills by scanning Quick Response (QR) bar codes from Sunday (Sept 30), via a new Hong Kong Monetary Authority (HKMA) platf... ( read original story ...)
HK banks cast pall over property by raising rates
Having enjoyed low, stable borrowing costs for more than a decade, Hong Kong's economy is now bracing for higher rates as the US central bank normalizes policy. Hong Kong is the major city at the bigg... ( read original story ...)
HK banks increase rates for the first time in 12 years
HSBC, Hang Seng Bank and Bank of China (Hong Kong) all said they will raise their benchmark lending rates to 5.125 percent from 5 percent, while Standard Chartered will raise its to 5.375 percent from ... ( read original story ...)
HK banks hike rates for first time in 12 years
Hong Kong's economy and property market are bracing for further increases as the U.S. central bank normalises policy. The HKMA, which plays the role of a central bank in Hong Kong, raised its referenc... ( read original story ...)
Hong Kong shares slip as banks including HSBC raises prime lending rates
The move by HSBC, which was swiftly followed by Standard Chartered and Hang Seng Bank, took its cue from the US Federal Reserve and the Hong Kong Monetary Authority. HSBC, the biggest lender in the ci... ( read original story ...)
Hang Seng closes down 101 points
Stocks in Hong Kong slid Thursday after the city's de facto central bank raised the base rate by a quarter point. Chinese equities also closed lower. The benchmark Hang Seng Index declined 0.36 percen... ( read original story ...)
The 10th HKIB Banking Conference Concludes in Hong Kong
This year's theme focuses on how banks can embrace the digital age to enhance customer satisfaction in a smart society HONG KONG, Sept. 28, 2018 /PRNewswire/ -- The Hong Kong Institute of Bankers ... ( read original story ...)