Tag: banking

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)

The benchmark Hang Seng index dropped 0.5 per cent at the close, to 24,273.72 points, while the Hong Kong China Enterprises Index lost ... on news that most Fed policymakers think the central bank should take steps to begin trimming its king-sized balance ... ( read original story ...)

HONG KONG: Hong Kong stocks eased in the first few minutes of trade Thursday following losses on Wall Street that came in reaction to minutes from the Federal Reserve showing it is considering tightening monetary policy. The Hang Seng Index slipped 0.35 ... ( read original story ...)

Hang Seng Bank Ltd. (NASDAQ:HSNGY) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy ... ( read original story ...)

HONG KONG, April 6 (Xinhua) -- PricewaterhouseCoopers (PwC), a multinational professional network, launched its 2nd Global FinTech Survey, showing that 82 percent of financial institutions in Hong Kong intend to form partnerships with financial technology ... ( read original story ...)

The benchmark Hang Seng index added 0.6 per cent, to 24,400.80 points, while the Hong Kong China Enterprises Index gained 0.5 percent, to 10,365.32 points. Much of the market's attention was on the landmark Trump-Xi summit on Thursday and Friday. ( read original story ...)

Zacks Investment Research has upgraded Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) to Hold in a report released on 04/05/2017. Yesterday Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) traded 1.06% higher at $20.10. The company’s 50-day moving average is $20.38 ... ( read original story ...)

World Rugby Vice-Chairman Agustín Pichot said: "Hong Kong is one of the biggest and most unique tournaments on the HSBC Sevens Series circuit and this weekend will be yet another fantastic event. "South Africa are deservedly leading the field but there ... ( read original story ...)

Hong Kong poultry sellers have called for financial support from the government to introduce better facilities to separate consumers and live chickens in wet markets amid the threat of bird flu. This came as the government launched a two-month public ... ( read original story ...)

Hong Kong is much more than one of the world’s most recognized metropolises. The city, whose name translates as “Fragrant Harbour,” has played an essential role in the rise of global trade and finance. As a former British colony, it became a gateway ... ( read original story ...)

Deloitte, the Hong Kong Monetary Authority (HKMA), and large trade finance banks in Hong Kong have teamed up to developed a distributed ledger technology (DLT) proof of concept for trade finance. Participant financial institutions include Bank of China ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares retreated following a choppy trading session, as losses by Chinese banks overshadowed advances by mainland infrastructure companies after authorities announced plans for a new economic zone. The Hang Seng ... ( read original story ...)

Ninety-five Chinese investors will attend the 12th ASEAN FINANCE Ministers' Investors Seminar (AFMIS)in Cebu on Thursday to explore more business opportunities in Southeast Asia, particularly in the Philipines. Bank of China (BOC), the world's fourth ... ( read original story ...)

GIFT City is likely to help attract trillions of dollars of investment into India, says top exchange BSE's CEO Ashish Chauhan who envisions Hong Kong like model for India's first global financial services centre. ( read original story ...)