Tag: banking

Ping An Insurance (Group), China’s largest insurer by market value, plans to leverage its proprietary technology that it has developed for its soon-to-open Hong Kong virtual bank, setting it apart ... ( read original story ...)

On Sunday morning, parishioners at St John’s Cathedral in Hong Kong’s financial district prayed for wisdom and responsiveness from government leaders, “be they freely elected or imposed.” ... ( read original story ...)

Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now ... ( read original story ...)

Hong Kong anti-government protesters plan to empty their bank accounts in the latest escalation of the ongoing civil unrest on the island. The action was officially scheduled for today but there is ... ( read original story ...)

Business analysts are beginning to worry that Hong Kong, considered one of the top financial capitals of the world, may be in trouble if the unrest continues. “We’re under a lot of pressure at this ... ( read original story ...)

Protests in Hong Kong have captured the world’s attention in recent weeks, with demonstrators closing streets and the airport, and Chinese forces amassing near the border with a none too subtle threat ... ( read original story ...)

Hong Kong's leader Carrie Lam said last week the economic impact on the city threatened to be worse than the 2003 SARS outbreak or the 2008 financial crash, both of which triggered sharp downturns. ( read original story ...)

Hong Kong stocks currently trade at a 23 per cent discount to the mainland-traded shares, the biggest for such a price gap in almost one and a half years, according to a gauge compiled by the Hang ... ( read original story ...)

Not a word was mentioned by Alibaba on the Hong Kong listing when it released estimate-beating earnings on Thursday. HONG KONG: Hong Kong's political unrest is posing a dilemma for Alibaba Group ... ( read original story ...)

The Hang Seng Index fell 2.1% to 25,281.30 points on ... Local interbank rates have not moved much but a key gauge of cash levels in Hong Kong, banks’ aggregate balances held with the central bank, ... ( read original story ...)

Last August he was banned by a Hong Kong court from making any more climbs after he was charged over a 2011 illegal ascent of the 27-floor Hang Seng Bank building. At the time he vowed to return to ... ( read original story ...)

Load Error Demonstrators push a barricade in North Point, Hong Kong on Aug. 5. The Hang Seng Properties Index fell 2.3% and entered ... In a research note, state-run Industrial & Commercial Bank of ... ( read original story ...)

As demonstrations in Hong Kong enter their 11th week, a political crisis triggered by opposition to an extradition bill is threatening to become an economic one for Asia’s financial hub. Since ... ( read original story ...)

Chinese paramilitary forces conducted exercises across the border from Hong Kong on Thursday, raising fears that Beijing may be preparing to act against mass demonstrations in the Asian financial ... ( read original story ...)