Hang Seng. H S I of Hong Kong went north by 0.8 percent to reach peak level since ... Daisuke Uno of Sumitomo Mitsui Bank said that there have been a considerable change of views. In the past, Uno said, traders and analysts believed that any slowdown ... ( read original story ...)
More records, barely, as stocks rise for 7th day
Hong Kong's Hang Seng was nearly unchanged. AP Markets Writer Marley Jay contributed to this story. He can be reached at http://twitter.com/MarleyJayAP His work can be found at https://apnews.com/search/marley%20jay ( read original story ...)
Asian shares mostly lower on Trump, Brazil worries
South Korea’s Kospi was little changed at 2,287.30. Hong Kong’s Hang Seng was virtually unchanged at 25,131.74. The Shanghai Composite slipped nearly 0.1 percent to 3,087.38. BRAZIL FACTOR: Markets are also being shaken by a deepening political crisis ... ( read original story ...)
Hong Kong Finance Chief Questions Moody’s Over Debt Downgrade
Moody’s Investors Service’s decision to downgrade Hong Kong’s debt rating last week was based on “shallow” evidence, Hong Kong Financial Secretary Paul Chan wrote in a blog on Sunday. “The evidence on which the ratings company mechanically ... ( read original story ...)
HK Financial Secretary questions Moody’s over debt downgrade
... s debt rating based on the very close economic relationship between Hong Kong and the mainland is shallow,” Chan wrote in a blog on the official website of the financial secretary. Enhancing cooperation with the mainland cannot be considered ... ( read original story ...)
Hong Kong’s banks raise mortgage rates, after HKMA tightened risk rules
HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank all announced raising their Hibor-linked mortgage rates by 10 basis points to 1.4 per cent above the city’s interbank offered rate, or Hibor. The new rates at HSBC and Standard ... ( read original story ...)
Hong Kong and Macau regulators intensify efforts against money laundering, financial crime and terrorist funding
Hong Kong and Macau have launched simultaneous shake-ups of the systems they have in place to tackle the growing menace of money laundering, financial crime and the funding of terrorist groups. In separate yet starkly similar announcements issued late ... ( read original story ...)
BOC International Leads $29M Round In Chinese Gold Trading Firm G-Banker
BOC International invested via its fund unit, Bohai Zhongsheng. China Everbright Ltd's Guangkong Zhongying Capital, SBCVC, and Hong Kong-based Radiant Venture Capital also participated in the round. Founded in 2015 in Beijing, G-banker allows users to ... ( read original story ...)
Hong Kong buyers snap up flats as favourable financing takes edge off cooling measures
the better," said Hong Kong resident Ho Sui-kit, a freelancer in his 40s who hoped to help his son pay the downpayment to buy a three-bedroom apartment. Ho said he would choose a mortgage plan promoted by the developer, where its subsidiary finance company ... ( read original story ...)
BOC Aviation buys six Airbus aircraft for $1.05 billion
HONG KONG BOC Aviation Ltd on Friday said it would buy six new aircraft from Airbus for an aggregate list price of $1.05 billion as the aircraft lessor builds its balance sheet by investing in modern, efficient and in-demand aircraft. The Hong Kong-listed ... ( read original story ...)
BOC Aviation : Unit Agrees to Buy Six New Aircraft From Airbus
The subsidiary of BOC Aviation (Cayman) Ltd. has entered into an agreement with Airbus to buy two new A320neo aircraft, two new A321neo aircraft and two new A330-900 planes, the Hong Kong-listed company said in a stock exchange filing on Friday. ( read original story ...)
BOC Aviation buys six Airbus aircraft for $1.05 bln
HONG KONG, May 26 (Reuters) - BOC Aviation Ltd on Friday said it would buy six new aircraft from Airbus for an aggregate list price of $1.05 billion as the aircraft lessor builds its balance sheet by investing in modern, efficient and in ... ( read original story ...)
Samsung battles Apple in SAR
namely DBS Hong Kong, BOC Hong Kong, Citibank and Dah Sing Bank.Samsung Pay directly challenges Apple Pay, launched last year in partnership with some of the SAR's largest banks - HSBC, ... The global battle between Apple and Samsung shifts to Hong Kong ... ( read original story ...)
Late-comer Samsung Pay goes live in Hong Kong
BOC Credit Card, a unit of Bank of China Hong Kong, said customers who pay with Samsung Pay using its Visas or Mastercards will be eligible for discounts at retailers Mannings and 7-Eleven. Citi is offering customers free Samsung Galaxy S8s and a cash ... ( read original story ...)