In the lead-up to the election, top officials have sought to manage expectations over the level of public participation no matter how it plays out. ( read original story ...)
Hong Kong Retail Banking Market Report- Review, Forecasts, and Future Opportunities | Outlook, Survey Insights, Competitor Update
The Hong Kong Retail Banking Market research report provides wide range coverage of the Hong Kong Retail Banking Market in the forecast period 2021 2026 Hong Kong Retail Banking Market provides ... ( read original story ...)
HSBC fined US$64 million by UK regulator for anti-money-laundering lapses
The Financial Conduct Authority said three key parts of HSBC’s automatic monitoring system had serious weakness over an eight-year period until March 2018. ( read original story ...)
HSBC suffers money-laundering déjà vu
HSBC , executives must be suffering from a sense of déjà vu. Britain’s Financial Conduct Authority on Friday fined the global bank 63.9 million pounds for deficiencies in its anti-money laundering ... ( read original story ...)
HSBC Fined GBP63.95M for Anti-money Laundering Failings
The UK Financial Conduct Authority (FCA) today (17th) announced that HSBC HOLDINGS (00005.HK) had been fined GBP63.95 million for failings in the anti-money laundering process, reported Reuters. Three ... ( read original story ...)
HSBC Puts Best Lending Rate On Hold at 5%
HSBC announced that it maintained the best lending rate intact at the current level of 5%. The last adjustment was dated back on 1 November 2019, when the rate was cut by 12.5 bps. Meanwhile, the bank ... ( read original story ...)
Tencent, Alibaba push Hang Seng into weekly loss as US sanctions more Chinese firms over Xinjiang issues
Hong Kong stocks slipped, heading for a weekly loss, after the US sanctioned more Chinese tech companies and added others to a blacklist for alleged human rights abuses in the far-west Xinjiang region ... ( read original story ...)
Alibaba, Tech Stocks Drag Hang Seng Lower As US Imposes More Sanctions
JD.Com Inc. (NASDAQ: JD), Tencent Holdings Inc. (OTC: TCEHY), Baidu Inc. (NASDAQ: BIDU), Li Auto Inc. (NASDAQ: LI) and ... ( read original story ...)
Hong Kong shares rise
Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump. ( read original story ...)
Tech stocks push Hang Seng into weekly loss as US sanctions more Chinese firms over Xinjiang issues
Hang Seng Index has declined 3.5 per cent so far this week as market struggles for traction on either rate-cut bets or risk from further US sanctions Tech stocks remain a drag to overall sentiment as ... ( read original story ...)
Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. ( read original story ...)
BOC Hong Kong (Holdings) Limited (HKG:2388) stock most popular amongst public companies who own 66%, while individual investors hold 25%
And individual investors on the other hand have a 25% ownership in the company. In the chart below, we zoom in on the different ownership groups of BOC Hong Kong (Holdings). BOC Hong Kong (Holdings) ... ( read original story ...)
Hong Kong Bourse May See Renewed Consolidation On Friday
The Hong Kong stock market on Thursday wrote a finish to the four-day losing streak in which it had tumbled more than 840 points or 3.6 percent. The Hang Seng Index now rests just above the ... ( read original story ...)
Hong Kong-listed unit of China’s third largest coal miner Shandong Energy Group announces wind, solar diversification plan
The company, whose parent firm is state-owned coal miner Shandong Energy Group, will promote the development and construction of wind power and photovoltaic power, according to a filing to the Hong ... ( read original story ...)