Tag: banking

Hong Kong airport’s 20-year profit streak – that survived 9/11, Sars, and global financial crisis – at risk from global pandemic, with commercial travel industry gutted and revenues slashed. ( read original story ...)

The demise and lowered relevance of Hong Kong has been forecast for years, but the city always reinvents itself, MSCI chief executive Henry Fernandez said. ( read original story ...)

Still, the level of delinquency in the Hong Kong banking system is negligible in respect to HK$1.46 trillion of outstanding loans to the property sector, according to data published by the Hong Kong ... ( read original story ...)

Some of the winning IPOs of this year are business-to-business supplier of Internet gambling software-as-a-service solutions company GAN Limited (GAN) (IPO pricing up 194% since IPO on May 4), Inari ... ( read original story ...)

A day before Beijing passed a decision paving the way for its national security law for Hong Kong, the global index provider MSCI decided to relocate its financial derivative products from Singapore ... ( read original story ...)

The risk/reward ratio on most US stocks keeps getting worse. As many international markets did not experience the same recovery as the US indexes did, internati ... ( read original story ...)

PM HONG KONG and SHANGHAI, June 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) is pleased to announce that Hong Kong ... ( read original story ...)

Turning Seoul into a new financial hub in Asia has for long been a campaign promise of local politicians cutting across party lines. Seoul Mayor Park Won-soon, who is now in his third ... ( read original story ...)

HSI financial sector sub-index is 1.5% higher; property sector up 0.3% June 23 (Reuters) - Hong Kong shares reversed early losses to end more than 1.5% higher on Tuesday after President Donald Trump ... ( read original story ...)

Li said he was confident that it's only a matter of time before secondary-listed tech giants are included in the southbound Stock Connect that links the Hong Kong exchange to its ... ( read original story ...)

Hong Kong & China Gas dropped 1.31 percent, China Petroleum and Chemical (Sinopec) sank 1.17 percent, China Life Insurance shed 1.00 percent, BOC Hong Kong lost 0.82 percent, Industrial and Commercial ... ( read original story ...)

The EU on Monday warned China it would face "very negative consequences" if it presses ahead with a new security law for Hong Kong, stepping up pressure on Beijing over the controversial legislation. ( read original story ...)

Hong Kong stocks ended lower on Monday as investors were wary after details of a new security law for the territory showed Beijing will have overarching powers on its enforcement. ** At the close of ... ( read original story ...)

China is confident of Hong Kong's future as an international financial center, and will support its growth, a senior Chinese regulator said on Monday, amid uncertainties cast by China's proposed new ... ( read original story ...)