Tag: banking

The Shenzhen composite also slipped 0.36 percent. Hong Kong’s Hang Seng index rose 0.66 percent. Hong Kong-listed shares of Chinese investment bank China International Capital Corpjumped 3.07 percent ... ( read original story ...)

Hang Seng Bank's (0011 ... He added that the interest spread between the Hong Kong dollar and the greenback was as much as about 140 to 150 pips at present, indicating that once local bank balances re... ( read original story ...)

In the latest development, it has now introduced PayMe for Business, which is initially available to HSBC Business Banking customers in Hong Kong. It offers a way to accept digital payments from PayMe ... ( read original story ...)

CNOOC and Hong Kong & China Gas both lost 1.00 percent, Sands China climbed 0.64 percent, BOC Hong Kong fell 0.61 percent, Galaxy Entertainment slid 0.52 percent, CITIC added 0.17 percent and China Pe... ( read original story ...)

BOC Hong Kong gathered 1.08 percent, Sands China skidded 1.02 percent, AIA Group advanced 0.99 percent, CITIC added 0.84 percent, Sun Hing Kai Properties shed 0.82 percent, CNOOC gained 0.72 percent, ... ( read original story ...)

When Linklaters appointed Hong Kong partner Davide Mencacci as its new global head of banking earlier this month he became the department’s first leader to be based outside of London, where it largest ... ( read original story ...)

Secretary for Financial Services and the Treasury James Henry Lau said Hong Kong is holding talks with mainland regulators on launching a "Financial Product Connect" before 2022. "I hope this connect ... ( read original story ...)

As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with online firms. The government plans to provide digital banking licenses to co... ( read original story ...)

Among the actives, China Life Insurance surged 4.25 percent, while China Mengniu Dairy soared 3.37 percent, Galaxy Entertainment spiked 3.01 percent, BOC Hong Kong jumped 2.18 percent, AIA Group ... ( read original story ...)

New World Development (0017) has collaborated with Hong Kong Applied Science and Technology Research Institute to launch a blockchain platform PropTech, that will allow secure purchases of flats from ... ( read original story ...)

Global asset managers are lobbying Hong Kong to relax rules that forbid existing shareholders to subscribe to initial public offerings. The Asia Securities Industry and Financial Markets Association a... ( read original story ...)

Hong Kong officials have already questioned the sustainability of crypto businesses when last year, the world’s largest makers of cryptocurrency mining rigs did not follow through on IPO plans ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation has launched the PayMe for Business beta test program, allowing merchants who are HSBC Business Banking customers in Hong Kong to collect money.The beta t... ( read original story ...)

Digital banking licences set to be issued to 6 companies including Tencent, Ant Financial and Xiaomi The sales pitch from the Chinese companies is expected to be easier online banking that gives acces... ( read original story ...)