The bank takes customer feedback seriously. Hang Seng’s survey of about 1,000 Hong Kong customers showed that the majority still used a notebook or a computer spreadsheet to manage their personal ... ( read original story ...)
Asiamoney Private Banking Awards 2020: Hong Kong
No financial institution can touch HSBC in Hong Kong, where it has had a presence for three centuries. In wealth management, it is the same powerhouse it has been for decades, providing best-in-class ... ( read original story ...)
Chinese brokerages hammered in Hong Kong on media report banks to get broker licences
Chinese stock brokerages bear the brunt of a sell-off in Hong Kong and Shanghai on speculation onshore commercial banks will get new licences to compete with them. ( read original story ...)
Hong Kong’s battered Hang Seng Index expected to pick up steam in second half of year. No, really
There is probably too much bad news in the [Hong Kong stock] prices,” said Ray Farris, Credit Suisse's chief investment officer for South Asia. “Hong Kong, at these valuations, is an attractive and ... ( read original story ...)
Hong Kong Stock Market Predicted To See Continued Selling Pressure On Monday
The Hong Kong stock market has finished lower in consecutive trading days, surrendering more than 350 points or 1.4 percent along the way. The Hang Seng Index now sits just beneath the 24,550-point ... ( read original story ...)
Hong Kong stocks drop as a second wave of coronavirus pandemic shakes optimism for swift economic recovery
A second wave of coronavirus infections from Beijing to cities across America is pausing a rally in the Hang Seng Index this month, while global death toll mounts. ( read original story ...)
China Law to Establish ‘Red Lines’ for Hong Kong, Adviser Says
The national security law that China could impose on Hong Kong as early as this week won’t need to be used if the financial hub’s residents avoid crossing certain “red lines,” according to a top ... ( read original story ...)
NAB looks to Canada for business banking boss
Andrew Irvine has been poached from the Bank of Montreal to lead the country's biggest business bank as the economy recovers from COVID-19. ( read original story ...)
Spending smart at a testing time: what next with the Hong Kong government’s cash handout?
Financial chief Paul Chan must be wondering how to encourage the city’s residents to spend HK$10,000 cash gift, but can he afford to make handout a new normal as Hong Kong strives to remain an ... ( read original story ...)
National security law: could Singapore take Hong Kong’s finance crown?
Even as Japan and South Korea seek to woo Hong Kong's financial firms considering a Plan B in the face of Beijing's tightening control, one Asian city seen as the most obvious beneficiary is keeping ... ( read original story ...)
China plans to grant investment banking licenses to lenders – Caixin
China's securities regulator plans to grant investment banking licenses to commercial lenders as part of efforts to breed industry behemoths in the face of fiercer foreign competition, business ... ( read original story ...)
National security law: could Singapore take Hong Kong’s finance crown? It’s keeping mum
The city state has been clear it does not want to be seen as taking advantage of Hong Kong’s political turmoil. Yet its generous tax rates, lower rents and safe streets are undeniably appealing. ( read original story ...)
Banking giant HSBC under new Hong Kong attack
Hermes said it is in talks with the bank after HSBC supported a new law in a post on Chinese social media platform WeChat. ( read original story ...)
Second major investor hits out at HSBC for backing China’s crackdown on Hong Kong
Hermes said it is in talks with the bank after HSBC supported a new law in a post on Chinese social media platform WeChat. ( read original story ...)