Tag: banking

HONG KONG Five Hong Kong Uber drivers were found guilty of illegally using their vehicles for commercial purposes by a local court on Friday, dealing a potential blow to Uber Technologies Inc's operations in the Asian financial hub. The ruling is seen ... ( read original story ...)

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, March 09 (Fitch) Fitch Ratings has assigned a final rating of 'BBB' to China Everbright Bank, Hong Kong Branch's long-term senior unsecured USD500 million 2.5% notes due 2020 ... ( read original story ...)

Watch: HSBC’s rainbow lions cause a storm in Hong Kong The statement, jointly issued by the Equal Opportunities Commission (EOC) and Chinese University, urged the government to launch a public consultation as soon as possible as the city was losing its ... ( read original story ...)

Hong Kong has received a “record” number of applications to donate faeces for the treatment of intestinal diseases, but a researcher says more scientific work is required to determine the most suitable donors. In a month, some 10,000 applications were ... ( read original story ...)

“Would you like to take a look at our insurance or bond products?” Most Hongkongers have been asked this question when they visit the bank. The bizarre thing is, very often the question comes from the teller and not a sales manager. This is how ... ( read original story ...)

Hong Kong and mainland stocks ended higher on Tuesday as investors took heart from Beijing’s pledge to support innovation and economic restructuring at its annual plenary meeting. The Hang Seng Index rose ... that the central bank will raise interest ... ( read original story ...)

Mainlanders and Hongkongers both plan to invest more in global markets over the next 12 months, according to a survey by Hang Seng Bank. The survey conducted in January polled 3,000 investors from Shanghai, Shenzhen, Beijing, Guangzhou and Hong Kong who ... ( read original story ...)

[Hong Kong, 8 March 2017]: Uganda will be the 60th national union to participate in the Cathay Pacific/HSBC Hong Kong Sevens’ parade of nations since 1976, when they debut next month. The African sevens champions will be one of 28 international teams ... ( read original story ...)

Hong Kong and mainland stocks opened mixed on Tuesday ... in what has been seen as a cautious move to reduce financial risks amid the country’s mounting government debt. Meanwhile, mainland stocks edged lower. The Shanghai Composite Index lost 0.1 ... ( read original story ...)

The Securities and Futures Commission (SFC), an independent regulatory body in Hong Kong, has issued a warning against suspicious activities of several unregistered entities, advising investors to abstain from doing business with these firms. The two ... ( read original story ...)

The Hong Kong government’s Financial Services Development Council (FSDC) has said in a report that it sees insurance-linked securities (ILS) as an important driver of future growth for the Hing Kong reinsurance market. The FSDC notes that the Hong Kong ... ( read original story ...)

"EXTRAORDINARY AND OUTSTANDING" Beijing's support means former Hong Kong civil service head Carrie Lam is tipped as the favorite in the contest despite losing popularity polls to an ex-colleague, former Financial Secretary John Tsang. Tsang had previously ... ( read original story ...)

Hong Kong based cryptocurrencies exchange Bitfinex has added support for trading on the privacy-focused cryptocurrency Dash. The venue now enables traders to buy and sell Dash for USD and bitcoin (DASH/BTC and DASH/USD). Dash VP of Business Development ... ( read original story ...)

China stocks rose on Monday morning as investors piled into technology shares after Premier Li Keqiang identified innovation as a key part of the economy's restructuring at the annual opening of the country's parliament. ( read original story ...)