Ping An OneConnect Bank, the Hong Kong virtual lender indirectly owned by Ping An Insurance, plans to increase lending to SMEs in the retail sector to capture growth opportunities in the post-Covid-19 ...
Accounts of Hong Kong opposition party members terminated by HSBC and other banks, League of Social Democrats says
Four members of the pro-democracy League of Social Democrats (LSD) party have seen their personal bank accounts terminated by Hong Kong’s HSBC, Hang Seng Bank and the Bank of China, the party has said ...
Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets
Deutsche Bank, and Daiwa expect Beijing to deliver policy support, stronger measures to shore up growth, counter negative sentiment loop Hong Kong stocks approached the highest level in two weeks amid ...
Hong Kong permanently suspends Wansom’s Xie Yangxiong
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has banned the owner of two financial firms from re-entering the industry for life after he was convicted of multiple ...
Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East
Hong Kong is set to allow banks from Qatar, the UAE and Liechtenstein to advise on industry issues in the city, a step that will enhance collaboration especially between Hong Kong and the Middle East.
Hong Kong opposition party protests after HSBC shuts accounts
One of Hong Kong's last remaining opposition parties staged a rare protest Tuesday outside the headquarters of HSBC after the global banking giant closed its accounts. Another Hong Kong lender, Hang ...
Plan to raise Hong Kong civil servants’ pay by up to 4.65 per cent backed by Executive Council; minister dismisses concerns over increases
Secretary for the Civil Service Ingrid Yeung rejects suggestions that salary increases may fail to match inflation and retain staff Yeung says pay is not the only factor influencing people's decision ...
HSBC plans Hong Kong investor summit to fill gap left by Credit Suisse
Hong Kong’s biggest bank plans to hold the conference at the five-star Conrad Hotel from April 8 to 10 next year and will follow the Hong Kong Ruby Sevens, which is also sponsored by the lender.
Chinese Regulator Asks Zhuhai Wanda for More Details Ahead of Planned IPO
Uncertainty over the timing of Zhuhai Wanda's IPO has led to investor concerns over the liquidity of parent Wanda Commercial, a unit of China’s largest commercial property developer Dalian Wanda Group ...
HSBC criticised for ‘political decision’ to close Hong Kong opposition party bank accounts
HSBC has been criticised for closing bank accounts held by one of the few remaining opposition parties in Hong Kong as well as some of its core ...
Hong Kong finance chief considers allowing first-time homebuyers to borrow more for mortgage, rejects calls to adjust stamp duties
Hong Kong’s finance chief has said he will consider allowing first-time homebuyers to borrow more money for a mortgage, but rejected calls to lift property cooling measures, including adjusting the ...
Hong Kong finance sector on the hook to deploy AI responsibly, says market watchdog’s CEO
Asset managers should not fear losing their jobs to artificial intelligence, but the finance sector must still take care while deploying the technology, says the CEO of the Securities and Futures ...
Credit card fraud: Hong Kong to require banks to adopt more safety measures to protect customers from online cheats, scams
The Hong Kong Monetary Authority will require local banks to adopt seven key measures from this month to protect credit card users from online fraudsters. They will be implemented over the coming ...
HSBC among Hong Kong banks that close accounts tied to opposition group, members say
Four core League of Social Democrats members have personal accounts at several banks closed, as well as three business accounts at HSBC.