Nearly a dozen of Hong Kong's banks have pledged to provide fair and quicker access to loans, as they heed the call by the city's de facto central bank to cut red tape and provide funding help to ...
BOC HONG KONG: No Change in Risk Appetite, Credit Policy Towards SMEs
Sun Yu, Vice Chairman and Chief Executive of BOC HONG KONG (02388.HK), said that SMEs are vital to Hong Kong's society and economy. For BOC HONG KONG, supporting SMEs is not only its duty but also its ...
Bank of China (Hong Kong)
The mortgage lenders are among the 11 members of the HKMA’s Task Force on SME Lending, which Yuen chairs along with Luanne Lim, the chairwoman of the Hong Kong Association of Banks (HKAB). HSBC, ...
Alibaba is upgrading its Hong Kong listing to primary, and that could potentially unlock billions in new investment
Chinese e-commerce giant Alibaba Group is upgrading its shares in Hong Kong to a primary listing, following through on a plan first proposed a little over two years ago and potentially allowing the ...
11 Hong Kong banks pledge quicker credit in HKMA’s task force to help small businesses
HSBC, Standard Chartered, BOCHK, Bank of East Asia, Hang Seng Bank and ICBC Asia promise to approve mortgage loans within two weeks Eleven of Hong Kong's banks have pledged to provide fair and ...
Team tasked with regulating Hong Kong’s subdivided flats submits proposal for minimum living standards
A government-appointed task force has proposed introducing minimum living standards for Hong Kong’s notorious subdivided flats as part of government efforts to phase out “low-quality” units in a city ...
11 Hong Kong banks pledge to ease credit in HKMA’s task force to help small businesses
Eleven of Hong Kong’s banks have pledged to provide fair and quicker access to loans, as they heed the call by the city’s de facto central bank to cut red tape and provide funding help to small ...
HKMA to look into SMEs’ struggles with bank repayments
The Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), Arthur Yuen, will lead a new task force to look into small and medium-sized ...
Alibaba to Upgrade Hong Kong Listing to Tap Chinese Traders
Alibaba Group Holding Ltd. shareholders have approved a plan to upgrade its Hong Kong listing to primary status on Aug. 28, a maneuver expected to attract billions of dollars in investment from ...
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall revenue and private banking assets over the next three to five years from around 10 ...
Bank of Singapore sees 20% asset growth in Middle East within 5 years
Bank of Singapore aims to grow its business in the Middle East, with the region contributing up to 20 per cent of its overall revenue and private banking assets over the next three to five years from ...
Alibaba to upgrade Hong Kong listing in a bid to attract Chinese investment
Aug 23 (Reuters) - Shareholders of Chinese e-commerce giant Alibaba (9988.HK), opens new tab have approved a plan to upgrade its Hong Kong listing to primary status, the company said on Friday, a move ...
Chinese uber-influencer ‘Crazy Xiaoyangge’ rents office for creator firm in Hong Kong
Three Sheep rents a 5,570 sq ft office for around US$23,000 a month as agents note an uptick in inquiries from mainland-based companies.
HSBC HOLDINGS Buys back 3.44M+ Shrs for HKD230M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.4445 million shares of the company on the UK and Hong Kong markets yesterday (22nd), involving a total of HKD230 million. Among ...