Tag: banking

Financial Secretary Paul Chan points to likelihood of further US rate rises and sluggish recovery of domestic market Homebuyers could be among those bearing brunt of higher interest rates, he says ... ( read original story ...)

John Lee, the former security chief who oversaw the government’s crackdown on pro-democracy protests in 2019, was elected unopposed as Hong Kong’s new leader on Sunday. ( read original story ...)

Worlds apart: the HSBC building at Canary Wharf, London, left and the bank’s building in Hong Kong. Photograph: Getty, Rex Shutterstock The bank, once a herald of globalisation, is struggling to ... ( read original story ...)

Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) declared a dividend on Friday, May 6th, investing.com reports. Investors of record on Wednesday, May 11th will be paid a dividend of 0.0785 per ... ( read original story ...)

Giant Biogene Holding Co. Ltd., China’s largest supplier of collagen-based skincare products, has filed for a Hong Kong IPO, joining the growing list of Chinese companies seeking to tap into global ... ( read original story ...)

Customs says suspicion sparked when it was observed the money held in suspects' accounts was not commensurate with their incomes Half of all the account holders involved believed to be mainlanders, ... ( read original story ...)

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 ...)