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 ...)
UPDATE 1-Hong Kong's central bank raises base rate by 25 basis points
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 end at 4-month low after Fed tightens
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 ...)
More to join Jetco P2P
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 ...)
HANG SENG INDEX(INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook
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 ...)
Hang Seng Index Unchanged Ahead OF Fed Decision, Mainland Losses Damaging
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 ...)
“I work in Hong Kong banking consultancy. But I’m also a stand-up comic”
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 ...)