Tag: banking

Amid the economic uncertainties, it will take some time before virtual banks in Hong Kong are able to challenge their traditional peers. ( read original story ...)

Hang Seng Bank Limited (OTCMKTS:HSNGY) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totalling 8,500 shares, a decline of 69 ... ( read original story ...)

ValuEngine upgraded shares of Hang Seng Bank (OTCMKTS:HSNGY) from a sell rating to a hold rating in a research report released on Wednesday morning, ValuEngine reports. HSNGY has been the subject of ... ( read original story ...)

Japan has explicitly stated its goal is to make Tokyo the number one financial city in Asia, but that dream is running into the current reality of doing business in Japan. ( read original story ...)

China’s banking regulator has given Baoshang Bank Co. the nod to start bankruptcy proceedings, launching an unraveling process that has not been seen for at least two decades. ( read original story ...)

Hong Kong hopes to be part of the first group of economies to join the Regional Comprehensive Economic Partnership (RCEP) after the agreement takes effect, Financial Secretary Paul Chan Mo-po said in ... ( read original story ...)

Hong Kong shares closed higher on Monday as cyclical stocks rose on hopes of a vaccine-led recovery, although Sino-U.S. tensions capped gains. ** The Hang Seng index ended up 34.66 points, or 0.13%, ... ( read original story ...)

China Evergrande Group said on Monday its property management unit is seeking to raise up to HK$15.8 billion ($2.04 billion) in an initial public offering (IPO), a plan likely to help improve cash ... ( read original story ...)

HK daily quota used 3.1% * FTSE China A50 +1.0% SHANGHAI, Nov 23 (Reuters) - China stocks climbed on Monday, helped by strong gains in cyclical firms on domestic and global economic recovery hopes, ... ( read original story ...)

BOC Hong Kong collected 1.02 percent, Industrial and Commercial Bank of China declined 0.87 percent, Ping An Insurance surrendered 0.84 percent, Hong Kong & China Gas sank 0.66 percent, CITIC dropped ... ( read original story ...)

The Bank of China (BOC), one of the country's four big state-possessed lenders, witnessed its income enlarge vaguely in the first three quarters of 2020, while its net profit dropped.The ... ( read original story ...)

The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An Insurance (Group) Co. -- to pivot from a finance group to a tech giant and be ... ( read original story ...)

Limited has appointed Kevin Green as new country head of wholesale banking for HSBC Bangladesh. The appointment became effective from November 15, said a press release of the bank. The release said ... ( read original story ...)

Austria-born Henry Steiner, who is known as the ‘father of Hong Kong design’, recalls the 1967 riots, bringing graphic design to the city and creating HSBC’s red-and-white hexagon. ( read original story ...)