The Hong Kong stock market headed higher again on Thursday, one session after it had snapped the two-day winning streak in which it had spiked almost 260 points or 1.2 percent. The Hang Seng Index now rests just beneath the 22,840-point plateau ... ( read original story ...)
BOC Hong Kong : Mandate of the Audit Committee
The function of the Audit Committee is oversight. The Management is responsible for the preparation, presentation and integrity of the financial statements. The external auditors are responsible for planning and carrying out a proper audit of the Group's ... ( read original story ...)
BOC Hong Kong : Mandate of the Remuneration Committee
The Remuneration Committee (the "Committee") is a standing committee of the Board of Directors (the "Board"). The purpose of the Committee is to assist the Board in fulfilling its oversight responsibility for BOC Hong Kong (Holdings) Limited (the "Company ... ( read original story ...)
Hong Kong Derails Property Streetcar
That would help HSBC, Standard Chartered Plc, BOC Hong Kong (Holdings) Ltd. and Bank of East Asia Ltd. Hong Kong home loans have been a coveted island of profitability in a low-yield world, but competition for market share has lately put pressure on ... ( read original story ...)
BOC Aviation CEO on Aircraft Leasing, Consolidation
Nov. 3 -- Robert Martin, managing director and chief executive officer at BOC Aviation, discusses listing in Hong Kong, the company's M&A prospects, the demand for aircraft and the outlook for the aviation industry. He speaks to Bloomberg's Angie Lau and ... ( read original story ...)
DIARY-Hong Kong and China corporate earnings week ahead
26-Oct-2016 NTS 601988.SS Bank of China Ltd Q3 2016 Bank of China Ltd Earnings Release 26-Oct-2016 NTS 2388.HK BOC Hong Kong Holdings Ltd Q3 2016 BOC Hong Kong Holdings Ltd Earnings Release 27-Oct-2016 AMC 601628.SS China Life Insurance Co Ltd Q3 2016 ... ( read original story ...)
Hong Kong Central Bank Flags Blockchain Money-Laundering Risk
Read more: What Asian lenders are doing with blockchain technology BOC Hong Kong (Holdings) Ltd., the city’s largest mortgage lender, is working with the government’s Applied Science and Technology Research Institute on a blockchain for use in property ... ( read original story ...)
Fiercer tug-of-war for tax loans
BOC Hong Kong is offering tax loans at an annual interest rate of as low as 0.5 percent - but there's a catch.Only public servants and Hospital Authority staff are qualified to borrow at that low rate, and they have to be newly registered for the bank's ... ( read original story ...)
BOC Aviation CEO on Aircraft Leasing, Consolidation – Presented by: The Aol. On Network
9:45PM ET - Dow Jones Business News Wynn Swings to a Quarterly Loss on Macau Weakness 9:05PM ET - Dow Jones Business News Uber Sued By San Francisco Cab Company 9:05PM ET - Dow Jones Business News Facebook Profit Soars, but Growth Concerns Emerge -- 2nd ... ( read original story ...)
Former Hong Kong financial chief donated HK$100,000 to pan-democrat’s election campaign
Former financial secretary Antony Leung Kam-chung, who is seen as a possible chief executive contender, donated HK$100,000 to a veteran pan-democrat’s Legislative Council election campaign in September. Leung said he gave the money to Democratic Party ... ( read original story ...)
Financial firms seek RegTech to cut regulatory chores, fight crime
HONG KONG Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020. Regulatory ... ( read original story ...)
Hong Kong to become AIIB member in coming months: bank chief
Hong Kong is expected to become a member of the Asian Infrastructure Investment Bank (AIIB) in the near future, the bank’s president Jin Liqun said on Tuesday. Speaking at a business seminar organised by the Hong Kong Monetary Authority (HKMA), Jin said ... ( read original story ...)
Two banks trialling biometric technology under Hong Kong fintech "sandbox"
HONG KONG Nov 11 Hong Kong's banking regulator received applications from two banks to test emerging biometric technologies under a new regulatory regime, Hong Kong Monetary Authority Chief Executive Norman Chan said on Friday. The banks have applied to ... ( read original story ...)
Trump: 10 big things he could do to your Asian banking job
Think your banking career won’t be affected by Trump’s election if you’re based in Hong Kong or Singapore? Think again. http://news.efinancialcareers.com/au-en/265024/trump-banks-finance-jobs/ You didn’t get to vote for or against him, but if you ... ( read original story ...)