Tag: banking

The Hang Seng Index surged as much as 1.8 percent ... Burned by last year’s rout, investors have slowly come back to Hong Kong, encouraged by surging risk appetite in China, a dovish shift in ... ( read original story ...)

Everyone loves a good commercial, and the Cathay Pacific/HSBC Hong Kong Sevens have produced some brilliant ones over the years. From rugby playing flight attendants to classic soundtrack choices and ... ( read original story ...)

Her mission at Art Central — the only major satellite fair to Art Basel Hong Kong, which opened this week — is to replicate the bowl pictured on the front of an instant noodle packet, ubiquitous fare ... ( read original story ...)

Hong Kong’s Securities and Futures Commission ... an intermediary should at the very least scrutinise “the background and financial soundness of the management, development team and issuer ... ( read original story ...)

After a blockbuster IPO year for Asia in 2018, led by Hong Kong that hosted deals worth $36.3 billion - its best year in eight - 2019 is expected to be much slower. “Some drivers of last year, such as ... ( read original story ...)

SHANGHAI, March 29 (Reuters) - Hong Kong stocks closed higher on Friday to log their third monthly gain, tracking gains in mainland as investors cheered Beijing’s pledge to further liberalise ... ( read original story ...)

The Hong Kong dollar is managed in a narrow band of HK$7.75 to HK$7.85 to the US dollar. Its peg to the greenback, established in 1983, is considered the bedrock of the territory’s financial stability ... ( read original story ...)

HSBC said it lowered its stance on Singapore stocks to "neutral" from "overweight," and downgraded Hong Kong equities from "neutral" to "underweight." The bank kept its "overweight" stance on China, ... ( read original story ...)

Standard Chartered Bank, PCCW, HKT, and Ctrip Finance have established a strategic joint venture to deliver a new standalone digital retail bank in Hong Kong. The joint venture will be conducted under ... ( read original story ...)

* BOC Hong Kong and ZhongAn-led JVs also win licences * HKMA says virtual banks will promote financial inclusion * Five more licences will be issued soon, says HKMA (Adds interview with ZhongAn ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong has issued online-only banking licences to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake ... ( read original story ...)

Fintech companies have won the battle of attaining license as the Hong Kong Monetary Authority has granted license to three virtual banks in the country. The move aims to disrupt the traditional ... ( read original story ...)

HONG KONG, March 27 (Reuters) - Hong Kong's banking regulator said on Wednesday it had issued online-only banking licenses to three companies, including joint ventures of Standard Chartered and BOC ... ( read original story ...)

Hong Kong blue chips were higher at the close today The Hang Seng Index added 0.56 percent, or 161.34 points at 28,728.25.China Construction Bank (0939) added 0.88 percent at HK$ 6.86.Insurer AIA ... ( read original story ...)