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Tag: banking

Posted on 21/07/2021

Some Hong Kong banks decline mortgages for Evergrande’s off-plan projects

HSBC (HSBA.L) and Standard Chartered (STAN.L) are declining loans to buyers of property in two uncompleted Hong Kong residential projects developed by China's Evergrande Group (3333.HK), three ... ( read original story ...)

Posted on 21/07/2021

HSBC, StanChart halt new loans to two HK projects by Evergrande, brokers say

HSBC HSBA.L and Standard Chartered STAN.L are declining loans to buyers of property in two uncompleted Hong Kong residential projects developed by China's Evergrande Group 3333.HK, three mortgage ... ( read original story ...)

Posted on 21/07/2021

HSBC, ICBC (Asia) among Hong Kong banks to stop offering mortgage loans for unfinished flats built by debt-stricken China Evergrande

HSBC, Industrial and Commercial Bank of China (Asia) and other major banks in the city have stopped offering mortgage loans for unfinished flats built by heavily indebted property developer China ... ( read original story ...)

Posted on 21/07/2021

HSBC, ICBC (Asia) and other Hong Kong banks stop mortgage loans for Evergrande’s unfinished flats over developer’s debt woes

HSBC, Industrial and Commercial Bank of China (Asia) and other major banks in the city have stopped offering mortgage loans for unfinished flats built by heavily indebted property developer China ... ( read original story ...)

Posted on 21/07/2021

HSBC Halts Mortgages for Evergrande Projects in Hong Kong

HSBC Holdings Plc stopped providing mortgages to buyers of China Evergrande Group’s unfinished residential properties in Hong Kong, according to people familiar with the matter.The suspension on new ... ( read original story ...)

Posted on 21/07/2021

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal. Citi Commercial Bank (CCB) has introduced the Commercial Bank Gateway Portal, which enables digital account opening ... ( read original story ...)

Posted on 21/07/2021

Website Alert – Fraudulent website related to CMB Wing Lung Bank Limited

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by CMB Wing Lung Bank Limited relating to a fraudulent website, which has been reported to the ... ( read original story ...)

Posted on 21/07/2021

China stocks rise, led by tech and resource; Hong Kong down

China stocks rose early on Wednesday, led by technology and resource, but Hong Kong stocks fell as Beijing's tight regulation continues to weigh on Internet plays. ( read original story ...)

Posted on 21/07/2021

Hong Kong police arrest ex-Apple Daily Editor-In-Chief: Report

Hong Kong police arrested the former executive editor-in-chief of the now-closed pro-democracy Apple Daily tabloid on Wednesday, local media reported, the latest arrest in a national security ... ( read original story ...)

Posted on 21/07/2021

Citi Commercial Bank Digitizes Account Opening for New Clients

Citi's business which serves emerging corporate clients with revenues of up to US$1 billion annually, has introduced digital account opening for new clients in Australia, Hong Kong, India and ... ( read original story ...)

Posted on 20/07/2021

Hong Kong’s latest Silver Bond in strong demand, say banks, after government lowered age threshold to 60

Hong Kong's senior citizens rushed to subscribe to the latest batch of inflation-protected bonds on the first day of the offering on Tuesday, after the government opened the bond offering to more ... ( read original story ...)

Posted on 20/07/2021

Exclusive-How Didi’s govt relations team navigated myriad regulators, until IPO dustup

Didi Global successfully navigated China's regulatory thicket for years, but the ride-hailing giant's 200-plus government affairs team's reliance on personal contacts with officials left it partly ... ( read original story ...)

Posted on 20/07/2021

India’s Zomato raises $1.26 billion in IPO – sources

Indian food delivery startup Zomato Ltd ` will raise $1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. ( read original story ...)

Posted on 20/07/2021

Hong Kong shares end lower as virus surge hits risk appetite

Hang Seng index ends down 0.84% China Enterprises index HSCE falls 0.94% Property sector down 1.1%; financial sector falls 0.8% ... ( read original story ...)

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