Tag: banking

The financial services sector is one of Hong Kong's pillar industries. It contributes to about 18% of our GDP but accounts for only 7% of our total employment. So it is a high value-added industry. In ... ( read original story ...)

has issued a warning against Merrill Lynch International (HK) Limited, a fraudulent clone posing as Merrill Lynch, an international investment bank with a presence in 75 countries, according to an SFC ... ( read original story ...)

Bitfinex and Tether recently announced new banking partnerships in Hong Kong and the Bahamas, respectively. Previously, both companies, who reportedly share the same management, were clients of the No... ( read original story ...)

KUALA LUMPUR: RHB Investment Bank Bhd, the investment banking arm of RHB Banking Group, has issued 10 new call warrants over some of the world’s biggest Hong Kong and China companies. They include Ten... ( read original story ...)

The list centers around China Huarong and China Minsheng Banking Corp., two companies that helped finance ... Almost all the stocks identified as being part of the network fell in Hong Kong trading af... ( read original story ...)

HONG KONG (Nikkei Markets ... on Friday provided verbal support to ease unrest in the markets. People's Bank of China Yi Gang said the central bank is studying some targeted measures to ... ( read original story ...)

Rival finance hub Singapore crept into the top 10, the only Asian market to do so. The average person there boasts a net worth of US$283,120, higher than Hong Kong’s US$244,672, putting the city state ... ( read original story ...)

MANILA, Philippines — The Bureau of Customs (BOC) seized yesterday 250 live geckos shipped from Hong Kong. The shipment of geckos arrived at the Pair Cargo warehouse near the Ninoy Aquino Internationa... ( read original story ...)

Among the actives, China Petroleum and Chemical (Sinopec) plummeted 4.27 percent, while CNOOC plunged 2.01 percent, Sino Land soared 1.47 percent, Sands China spiked 1.20 percent, CSPC Pharmaceutical ... ( read original story ...)

BOC Hong Kong skidded 0.89 percent, New World Development advanced 0.82 percent, Galaxy Entertainment perked 0.79 percent, China Petroleum and Chemical (Sinopec) gathered 0.59 percent, Tencent Holding... ( read original story ...)

(Bloomberg) -- His last big warning to investors, about a shadowy group of companies he dubbed the Enigma Network, preceded a $6.1 billion collapse in the stocks and Hong Kong’s biggest-ever financial ... ( read original story ...)

After Wednesday’s holiday and strong regional gains, Hong Kong stocks were little changed even amid declines elsewhere in the region. The Hang Seng Index HSI, -0.03% was about flat. The energy sector ... ( read original story ...)

So how can it be that the HSI so handily outperformed the STI? The "China Factor" on the Hang Seng Index Both Hong Kong and Singapore have world-class financial infrastructure, but in terms of stock m... ( read original story ...)

“We are studying the proposed framework for the listing of Chinese depositary receipts under the Shanghai-London Stock Connect but cannot comment further at this time,” HSBC’s Hong Kong-based spokeswo... ( read original story ...)