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Category: FINANCE

Posted on 13/12/2022

Hong Kong stocks advance as city removes all travel restrictions ahead of US inflation data, Fed rate decision

Hong Kong stocks rose as the city lifted all restrictions on inbound travellers. Meanwhile, investors await US inflation data due on Tuesday and the Federal Reserve’s meeting on interest rates later ...

Posted on 13/12/2022

Hong Kong’s Rising Affluents Focus on Diversification and Advice as Macro Challenges Weigh on Overall Financial Confidence

Charles Schwab, Hong Kong, Ltd. today announced the findings of its "Hong Kong Rising Affluent Financial Well-being Index 2022". Hong Kong's rising affluents' sense of financial wellbeing are most ...

Posted on 12/12/2022

Bank of China offers customers e-laisee to promote retail use of digital yuan in Hong Kong

Bank of China (Hong Kong) has taken the lead among lenders in the city to promote the use of digital yuan, offering a 100 e-CNY laisee to customers who register to use the digital currency.

Posted on 12/12/2022

Credit Suisse’s Greater China CEO to leave bank this week – memo

Carsten Stoehr, Credit Suisse's chief executive for its Greater China business, is leaving the bank, according to an internal memo seen by Reuters, as it undergoes a global overhaul with big layoffs.

Posted on 12/12/2022

BOC HK Offers Exclusive Experience of ‘e-CNY’

BOC HONG KONG (02388.HK) and BANK OF CHINA (03988.HK) announced that they will take the lead in offering e-CNY Exclusive Experience to customers in Hong Kong. Eligible customers ca... (HK stocks quote ...

Posted on 12/12/2022

Asian shares fall, dollar firms ahead of central bank rate hikes

Asian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the U.S. Federal Reserve, the European Central Bank and ...

Posted on 12/12/2022

Headed to Hong Kong? Don’t miss these unforgettable attractions

The major financial hub and entertainment is found in Central. This place located on Government Hill in Central Hong Kong, if filled with financial hub and entertainment. The Government House is not ...

Posted on 12/12/2022

BOC moves to plug leaks, stem smuggling under Senate probe

ACTING on the initiative of Senator Sherwin T. Gatchalian, the Senate starts this Monday its scrutiny into the alleged graft-ridden practices by the Bureau of Customs (BOC), enabling entry into the ...

Posted on 11/12/2022

Hong Kong jails pro-democracy media tycoon Jimmy Lai over fraud

Jimmy Lai's legal team earlier asked the UN to investigate his imprisonment and multiple criminal charges as "legal harassment" to punish him for speaking out.

Posted on 10/12/2022

Hong Kong pro-democracy media tycoon Jimmy Lai sentenced to 69 months in prison for fraud

A Hong Kong court on Saturday sentenced jailed media mogul Jimmy Lai to five years and nine months in prison for fraud, in the latest legal challenge against the pro-democracy tycoon.

Posted on 10/12/2022

Staff from Hong Kong bank shoot hoops with disadvantaged students to raise funds and boost spirits

Dah Sing Bank employees joined up with students to instil positive values on and off the court Every basket scored was matched with a monetary donation going towards the 15 charities supported by ...

Posted on 10/12/2022

Why Hong Kong could be rare exception to coming global winter of discontent despite recession

Economists seem convinced the global economy is going to suffer mightily as government, household, corporate and financial-sector debt come home to roost Hong Kong is in recession, but its negligible ...

Posted on 09/12/2022

Hong Kong – Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents!

Hong Kong - Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents! Legal News and Analysis - Hong Kong - Banking & Finance, Labour & ...

Posted on 09/12/2022

Bank of China Offers Loans to Ease Chinese Developer’s Liquidity

Bank of China, one of China's top four state-owned banks, has offered offshore loans to cash-starved Chinese property developer Longfor Group Holdings Ltd, it said in a statement on Friday. The move ...

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