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Tag: banking

Posted on 12/08/2024

Payment Asia Becomes Exclusive Payment Gateway Partner of Hong Kong FinTech Week 2024

In an exciting advancement for the fintech community, Payment Asia has become the Exclusive Payment Gateway Partner for Hong Kong FinTech Week 2024, marking its second consecutive year in this role.

Posted on 12/08/2024

China’s bond market rattled as central bank squares off with bond bulls

China's bond market, the world's second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is ...

Posted on 12/08/2024

Crypto firms in Hong Kong face banking hurdles, says LegCo member

Johnny Ng has called on the government and banks to ease restrictions on banking services for crypto and Web3 companies.

Posted on 12/08/2024

Hong Kong’s fintech body eyes bigger plans in Greater Bay, stronger links with Shenzhen

The city’s fintech association wants to expand its programmes in the Greater Bay Area and strengthen ties with its Shenzhen counterpart, says newly appointed chair Lareina Wang.

Posted on 12/08/2024

Hong Kong must be ‘3 centres, 1 hub’ under plan from China’s third plenum: Paul Chan

City must position itself as international centre for finance, shipping and trade, and a major talent hub, finance chief says in blog post.

Posted on 11/08/2024

Hong Kong must be ‘3 centres and 1 hub’, as stated in China’s third plenum: Paul Chan

City must position itself as international centre for finance, shipping and trade, and a major talent hub, finance chief says in blog post.

Posted on 11/08/2024

Stanchart HK Puts HKD Best Lending Rate On Hold

Limited announced that its HKD Best Lending Rate remains unchanged at 6.125% per annum. There is also no change to its rates for the HKD savings... Standard Chartered Bank (Hong Kong) Limited ...

Posted on 11/08/2024

MIDAS SHARE TIPS: £116bn giant HSBC could help to bolster YOUR bank account

My friend is not alone. Millions of people are signing up to so-called 'challenger' banks, those technically savvy, online-only businesses that offer new accounts in minutes and plenty of ...

Posted on 09/08/2024

After Fleeing Repression, Hong Kongers in Exile Face Financial Blockades

The denial of Hong Kongers’ savings is just one piece of the puzzle of transnational repression against the Hong Kong diaspora.

Posted on 09/08/2024

Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

Hong Kong’s virtual banks are reportedly at a critical juncture. They currently capture only a small fraction of the financial market and hold 0.3% of the assets of all retail banks. According to the ...

Posted on 09/08/2024

Hong Kong Lawmaker Urges Easing Banking Restrictions for Crypto Firms

Johnny Ng has called on the Hong Kong government to ease the strict restrictions that many crypto companies face to access banking services.

Posted on 09/08/2024

C’estbon water bottler gets nod for US$1 billion Hong Kong IPO, medals for Olympic teams

The bottler of one of China's bestselling water brands is enjoying double happiness, as its fundraising plan in Hong Kong received the go-ahead, while the table tennis teams it sponsors have dominated ...

Posted on 09/08/2024

HANG SENG BANK Buys back 200K Shrs for $18.34M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 200,000 shares of the company on the Stock Exchange of Hong Kong at $90.8-92.2 per share on 9 August, involving a total of ...

Posted on 09/08/2024

{Short Sales}Full-day T/O at HK$14bn, or 16% of Total

The transactions represented 63.99% and 11.99% of respective stock's turnover. BABA-SW (09988) and HSBC HOLDINGS (00005) registered HK$532.71 million and HK$525.5 million of short sales, accounting ...

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