Tag: banking

Ping An, HSBC's biggest shareholder, making push for change at the lender in latest example of investor strife Asia is the bank's biggest profit centre, but insiders say much of its revenue in parts ... ( read original story ...)

News is reporting news in Hong Kong despite the concerns of being closed in the future amid the city’s media crackdown. ( read original story ...)

Retailing in Hong Kong to evolve into an online-offline hybrid, experts say Bank of China’s BOC Pay said it would roll out a series of offers and shopping discounts to those who collected the handout ... ( read original story ...)

The three-year note, offering a 2.5 per cent return on a minimum investment of HK$10,000, was 1.2 times oversubscribed Strong response boosted by volatile stock market as investors seek a safer bet, ... ( read original story ...)

Words of Chinese president do nothing to raise hopes of an early reopening of the border with Hong Kong, which strives to remain an international finance hub It seemed unlikely not long ago, when ... ( read original story ...)

The bank’s position – with huge financial stakes and close political ties in both London and Beijing – has become increasingly untenable amid growing tensions. ( read original story ...)

HANG SENG BANK (00011.HK) announced that two new executives have joined Hang Seng Bank this week. They are Angela Shing, Chief Marketing Officer, and Gloria Ho, Head of Human Resources. Both have ... ( read original story ...)

The three-year note, offering a 2.5 per cent return on a minimum investment of HK$10,000, was 1.2 times oversubscribed Strong response boosted by volatile stock market as investors seek a safer bet, ... ( read original story ...)

Observers are watching to see if Mr Lee's housing outcomes will be any different. 3. Restoring world status Hong Kong's status as a global financial hub has taken a hit from the 2019 unrest and ... ( read original story ...)

With gross domestic product shrinking sharply by 4 percent in the first quarter and the economy battling a slump, the last thing Hong Kong needs is a rise in interest rates that will hurt households ... ( read original story ...)

The Hong Kong stock market has finished lower in two straight sessions, sinking more than 300 points or 1.5 percent along the way. The Hang Seng now rests just beneath the 20,800-point plateau and ... ( read original story ...)

And yet, sometimes, we financial economists get it right. In October 2020, I forecast in my Post column that "it would be unsurprising if the Hong Kong and China operations of HSBC developed a ... ( read original story ...)

Hong Kong's next leader John Lee is inheriting a once vibrant Asian business hub mired in its third year of pandemic isolation but he may prioritise security over an economic reboot, business leaders ... ( read original story ...)

Finance chief Paul Chan says trend of rate hikes for rest of the year could reach cumulative increase of 2.5 per cent or more Hongkongers who borrowed for mortgages may be exposed to higher payments ... ( read original story ...)