Tag: banking

HONG KONG Hong Kong's respected former financial secretary John Tsang on Thursday confirmed his intention to run for the Asian financial hub's top job in March, at a time of growing political tension and anti-China sentiment. "I have big dreams," said ... ( read original story ...)

Hong Kong’s securities regulator has filed a lawsuit against Standard Chartered Plc, UBS Group AG and audit firm KPMG LLP over an initial public offering by China Forestry Holdings Co. in 2009. The Securities and Futures Commission’s claim relates to ... ( read original story ...)

SINGAPORE, 17 Jan 2017 – The 2017 HSBC Singapore Rugby Sevens will see the participation of two top Asian sides as Hong Kong is confirmed as the wild card team. In Singapore, Hong Kong will line up alongside 15 other ‘core’ teams, including their ... ( read original story ...)

The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)

The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)

HONG KONG, Jan. 17, 2017 /PRNewswire/ -- Bank of China (Hong Kong) Limited ("BOCHK"), China Mobile International Limited ("CMI") and China Mobile Hong Kong Limited ("CMHK") jointly announced that the three corporations have signed a comprehensive strategic ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong's securities regulator has filed a suit against Standard Chartered Plc , UBS Group AG and four other parties over the 2009 IPO of timber company China Forestry Holdings Co Ltd , according to court documents. ( read original story ...)

Bank of China (Hong Kong), China Mobile International and China Mobile Hong Kong Signed a Comprehensive Strategic Cooperation Agreement Partnership aiming to provide optimal products and service experience for customers by leveraging the strengths of the ... ( read original story ...)

Competition is intensifying for investment banks in Hong Kong with global economic uncertainty shadowing one of the world’s largest initial public offering markets, an executive at a state-owned investment bank says. Although the city was ranked global ... ( read original story ...)

Singapore has overtaken Hong Kong as the top financial hub in Asia, according to Z/Yen Group’s Global Financial Centers Index (GFCI). Hong Kong slipped to fourth place overall, while Singapore now only trails London and New York globally. Although the ... ( read original story ...)

Hong Kong’s acting financial minister described himself as a team player willing to do whatever necessary to coordinate the government’s work amid speculation Beijing could appoint the city’s development minister as financial chief as early as this ... ( read original story ...)

Competition is intensifying for investment banks in Hong Kong with global economic uncertainty shadowing one of the world’s largest initial public offering (IPO) markets, an executive at a state-owned investment bank says. Although the city was ranked ... ( read original story ...)

Personally I have for many years been a customer of the bank with gay lions. But the band banks at the Hang Seng, so while I was in Shatin ... The name on the cheque was “Hong Kong Saint Andrews Pipe Band”, which is our name, or so I supposed. ( read original story ...)

HSBC is gearing up to take on Hong Kong P2P mobile payment company Jetco, launching its own P2P mobile payment app. According to a report, HSBC has a holding page online that invites cardholders to sign up for the payment service. HSBC is enticing ... ( read original story ...)