Tag: banking

The benchmark Hang Seng Index traded between 22,456.62 and 22,627.60. Turnover totaled 61.60 billion HK dollars (about USD 7.94 billion). (c) 2016 Philippines News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North ... ( read original story ...)

The US Federal Reserve did not surprise at all in raising rates by a quarter point.With the Hong Kong dollar remaining strong, local rates stayed put, so the Hang Seng Index fell below 22,000.But the drop does not mean rates are not linked to stocks in the ... ( read original story ...)

Hong Kong's Hang Seng fell 1.7 percent to 22,074.16 and Australia's S&P ASX 200 dropped 1.1 percent to 5,5,26. 30. South Korea's Kospi lost 0.4 percent to 2,030.80 and the Shanghai Composite index fell 0.3 percent to 3,131.67. US markets Stocks had their ... ( read original story ...)

Bank of America fell 50 cents ... In foreign stock markets, Japan’s Nikkei 225 gained 0.7 percent, South Korea’s Kospi rose 0.3 percent and Hong Kong’s Hang Seng fell 0.2 percent. In Europe, Germany’s DAX rose 0.3 percent, France’s CAC 40 ... ( read original story ...)

The Fed’s move now shifts the focus from central bank policy to economic growth as the driver ... South Korea’s Kospi added 0.3% and Hong Kong’s Hang Seng gave up the day’s gains in the final hour to close 0.2% lower. the Shanghai Composite Index ... ( read original story ...)

South Korea’s Kospi added 0.3 percent to 2,042.71 and Hong Kong’s Hang Seng edged up 0.2 percent to 22,108.20 ... The Fed’s move now shifts focus from central bank policy to economic growth as the driver of stock market performance. ( read original story ...)

The 10th Asian Financial Forum (AFF), jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), will be held on 16 and 17 January at the Hong Kong Convention and Exhibition ... ( read original story ...)

Chinese residents buying insurance in Hong Kong will no longer be able to swipe their credit cards multiple times to get around previously imposed curbs intended to slow sales, according to people with knowledge of the matter. Purchases of insurance in ... ( read original story ...)

Hong Kong has modestly burnished its financial-center credentials with beauty-app Meitu's $629 million listing, the biggest tech deal in a decade. Other Chinese entrepreneurs are watching intently. But Hong Kong's lackluster aftermarket may still send ... ( read original story ...)

We look back on some of the most significant trends affecting banking careers in Hong Kong this year. http://news.efinancialcareers.com/hk-en/268033/hong-kong-tech-skill-shortage-stan-chart-cio/ It’s been a year to endure rather than enjoy in Hong Kong ... ( read original story ...)

HONG KONG Hong Kong's financial firms must register managers responsible for the day-to-day running of regulated activities in an effort to make individuals more accountable, its securities regulator said on Friday. People with overall management oversight ... ( read original story ...)

A group of energetic children ­immediately went quiet as a Hang Seng Bank employee in a green jacket walked up to the stage holding his arms above his head to form a triangle. “Christmas Tree!” the 20 children, aged four to eight, shouted as they sat ... ( read original story ...)

While local banking stocks like Hang Seng Bank and Bank of China Hong Kong are expected to gain from the rate , most of them didn’t perform well this morning because “the (benchmark) index performance is too bad”, he said. The US interest rate rise ... ( read original story ...)