Category: FINANCE

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)

Gini’s launch coincides with Hong Kong’s emergence as a Fintech player driven by Hong Kong’s robust capital markets, banking experience and the city’s gradual cultural shift from conservatism to experimentation as signaled by Hong Kong’s Monetary ... ( read original story ...)

It was almost 5pm and the Po Sang Bank branch on Shanghai Street was about to close when a man stormed in. “Lie down and don’t move,” Lee Wa-bun shouted, waving his pistol in the air. The staff froze in panic as they realised it was an armed robbery. ( read original story ...)

So you have the company setup, and now you are working on getting your bank account setup. Today, hopefully you read this article BEFORE you go in. Many entrepreneurs I work with fly into Hong Kong just to apply for the bank account, so it’s important ... ( read original story ...)

HONG KONG Chinese conglomerate HNA Group (0521.HK) would like to increase its stake of 3 percent in Germany's Deutsche Bank (DBKGn.DE), two sources with knowledge of the matter told Reuters. However, the Chinese company would have to resolve some issues ... ( read original story ...)

HONG KONG Five Hong Kong Uber drivers were found guilty of illegally using their vehicles for commercial purposes by a local court on Friday, dealing a potential blow to Uber Technologies Inc's operations in the Asian financial hub. The ruling is seen ... ( read original story ...)

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, March 09 (Fitch) Fitch Ratings has assigned a final rating of 'BBB' to China Everbright Bank, Hong Kong Branch's long-term senior unsecured USD500 million 2.5% notes due 2020 ... ( read original story ...)