Moody’s Says Hong Kong Property Rebound Adds to Banking Risks

Hong Kong’s property market rebound creates potential risks for the mortgage books of the city’s banks, according to Moody’s Investors Service. “Banks will face even higher latent risks in future mortgage underwriting, as their valuations catch up ... ( read original story ...)

Hong Kong shares rebound, helped by China gains

Hong Kong shares were also boosted by data showing Chinese banks ... while money supply growth edged up, indicating the central bank is keeping policy accommodative to support economic growth. Most sectors rose, with properties and construction and ... ( read original story ...)

HANG SENG BANK : ex-dividend day for interim dividend

08:10p DJ MARKET SNAPSHOT: Stocks Slump As Investors Shrug At Solid Earnings To Focus On .. 08:03p ROYAL BANK OF SCOTLAND: RBS says RT's bank accounts in Britain are still operat.. 07:43p DJ MARKET SNAPSHOT: Stocks Dip As Investors Shrug At Better-than ... ( read original story ...)

Not just a financial hub: A creative boom emerges in Hong Kong

Located deep in the wetlands region of Hong Kong is a mill that stopped operating nearly a decade ago. Once a part of the city's thriving textile industry, which has since migrated to mainland China, the 55-year-old building has been spared demolition. ( read original story ...)