Tag: banking

The bank also adjusted its HKD savings deposit rate to 0.125% pa. Bank of China (Hong Kong) has raised its Hong Kong dollar prime rate to 5.125% per annum (pa) from 5% pa previously. BOCHK is also ... ( read original story ...)

History suggests investors should be wary of more losses in the next one to three months after Hong Kong's commercial banks lifted their prime rates The HKMA warned of more possible rate increases, ... ( read original story ...)

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa. Hang Seng Bank is raising its Hong Kong dollar prime rate to 5.125% per annum (pa), 12.5 basis points higher than ... ( read original story ...)

Singapore has overtaken Hong Kong to become Asia’s top financial center — and the third in the world — according to a new report that puts New York and London in the first and second spots.Most Read ... ( read original story ...)

Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC , to increase their best lending rates. ( read original story ...)

Chatter that President Xi's speech on China maintaining military readiness is said to have weighed on US-China ADRs yesterday though the lack of buyers is the real culprit despite rock bottom ... ( read original story ...)

Paul Hastings, Herbert Smith Freehills and JunHe are among the firms advising on Hong Kong’s largest IPO so far in 2022. Onewo Space-Tech Service, the property management services arm of China real ... ( read original story ...)

HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank raised their best lending rate for borrowers by 12.5 basis points The first increase in prime rates in four years will hurt the ... ( read original story ...)

Having formed partnerships with potential buyers and sellers to better understand their needs, Hong Kong Exchanges and Clearing is building the infrastructure for ‘a first class platform,’ says its ... ( read original story ...)

Hong Kong’s share of regional initial public offerings (IPO) has shrunk to the lowest in more than 2 decades despite a recent pickup in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)

Developer China Vanke Co Ltd's property services arm Onewo Inc, is set to raise HK$5.75 billion ($733 million) by pricing its shares at HK$49.35 each in its Hong Kong IPO, according to two sources ... ( read original story ...)

Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC, to increase their best lending rates. ( read original story ...)

Hong Kong’s share of regional initial public offerings has shrunk to the lowest in more than two decades despite a recent pick up in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)

Big names generate deal interest, but that comes with risks, too. China Vanke , the biggest private developer by market value in the People’s Republic, is braving both rocky stock markets and the ... ( read original story ...)