Tag: banking

A cloud computing giant, a fruit distributor, and trio of medical companies seek IPOs ... ( read original story ...)

Suresh Balaji is stepping down as chief marketing officer at HSBC APAC. According to his LinkedIn, Balaji said his role at HSBC has commenced countdown after staying at the company for 17 years, ... ( read original story ...)

Hong Kong stocks ended lower to post the biggest monthly drop in a year on Friday, pressured by sharp losses in major tech firms, which reignited investor worries over clampdown on the tech sector, ... ( read original story ...)

HSBC Holdings Plc executives and directors will do something next week that they haven’t done in three years: Meet their Hong Kong shareholders face-to-face. ( read original story ...)

With this hike in interest rates, the attention is most likely to Hong Kong banks -- including HSBC Holdings Plc and Standard Chartered Plc -- that have so far this year maintained their best lending ... ( read original story ...)

HANG SENG BANK (00011.HK) announces that its Hong Kong dollar prime lending rate remains unchanged at 5% p.a. Hong Kong dollar savings deposit rates also remain unchanged, with a 0.001% p.a. interest ... ( read original story ...)

Hong Kong stocks fell on Thursday, bucking a rally across world markets, as another interest rate hike by the Federal Reserve forced the city’s central bank to lift its own borrowing costs and put ... ( read original story ...)

Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decrease ... ( read original story ...)

BOC HONG KONG (02388.HK) announced that the HKD prime rate and savings deposit rates will be kept unchanged at an annual rate of 5% and 0.001%, respectively. Related News JPM Fore ... ( read original story ...)

Despite the charges, Barclays said it would pay a dividend of 2.5p a share and buy back £500mn of its stock. Overall revenue rose 23 per cent to £6.7bn, compared with the average £6.5bn analyst ... ( read original story ...)

Under the plan, recently approved by China’s State Council, or cabinet, the banks will use the PBoC loans along with their own funds, lent at market rates, to refinance stalled real estate projects. ( read original story ...)

China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as it tries to revive the debt-stricken sector ... ( read original story ...)

Mr John Lee Ka-chiu and Mr Liu Guangyuan deliver keynote speeches in the presence of over 40 consuls based in Hong Kong ... ( read original story ...)

City's exports will 'naturally be affected', as interest rates rise in developed economies and the external economic situation continues to worsen, Chan says Private consumption will gain momentum in ... ( read original story ...)