Tag: banking

HONG KONG Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling. The move ... ( read original story ...)

China’s state council has approved the increase of Hong Kong’s renminbi qualified foreign institutional investor (RQFII) quota to 500 billion yuan (US$73.6 billion), according to an announcement posted on the People’s Bank of China website on Tuesday. ( read original story ...)

Financial stocks advanced in Hong Kong on Monday after the new Bond Connect programme opened mainland China’s bond market to global investors.The banking and brokerage sectors, the direct beneficiaries of the connect programme, rose 0.8 per cent and 0.5 ... ( read original story ...)

HONG KONG China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. The deal is also boost for the ... ( read original story ...)

Hong Kong’s stock market is likely to start the second half of ... The rally in Wall street was partly due to the recent rebound in oil and bank stocks and a strong performance in the large-cap technology stocks despite a recent downturn. ( read original story ...)

July 3 Financial shares rose in Hong Kong on Monday, on the back of a new bond trading link between Hong Kong and China, but the overall market was largely flat as blue-chips generally underperformed and the service sector slipped. The Hang Seng index rose ... ( read original story ...)

Innovation and technological developments in Hong Kong will be boosted under an agreement on the Greater Bay Area project signed by local and mainland officials on Saturday and witnessed by Chinese President Xi Jinping. The city will also continue to ... ( read original story ...)

Jul.02 -- Bloomberg asked the new leader of Hong Kong and two former leaders whether the city would still be a global centre of finance in 20 years' time. Here's what they said. ( read original story ...)

HSBC Holdings and an asset management unit of Bank of China were the among the first to complete trades using the scheme. The launch of the connection was timed to coincide with the 20th anniversary of Hong Kong's handover to Chinese rule and trading will ... ( read original story ...)

HSBC Holdings and an asset management unit of Bank of China said they have completed their first trades using the scheme. The launch of the connection was timed to coincide with the 20th anniversary of Hong Kong's handover to Chinese rule and trading will ... ( read original story ...)

HSBC Holdings and an asset management unit of Bank of China were the among the first to complete trades using the scheme. The launch of the connection was timed to coincide with the 20th anniversary of Hong Kong's handover to Chinese rule and trading will ... ( read original story ...)

HONG KONG HSBC Holdings (HSBA.L) said it had completed its first trade on the long-awaited Hong Kong-China bond connect scheme, which went live on Monday. The scheme links China's $9 trillion bond market with overseas investors, the latest step in the ... ( read original story ...)

Visa partners with HSBC in offering attractive RewardCash to all HSBC Visa cardholders in Hong Kong HONG KONG/PRNewswire/ -- In a city of hustle and bustle, smartphones are indispensable to Hong Kong people with hectic schedules as they bring efficiency to ... ( read original story ...)

Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities. The U.S.-based company, which traces its origins back to Singapore, filed initial paperwork on Friday. ( read original story ...)