Tag: banking

The People’s Bank of China (PBOC) said it was lowering the one-year medium-term lending facility ... portfolio manager at Green Harmony Capital in Hong Kong. Some market participants believe the ... ( read original story ...)

China's central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ... ( read original story ...)

Japan’s Nikkei 225 Index was down by 0.46%, Hong Kong’s Hang Seng Index was up by 0.37% and ... for the UK economy before recovering to 4.0% in 2021. The People’s Bank of China (PBOC) on Wednesday ... ( read original story ...)

That might seem surprising. Shares of Industrial & Commercial Bank of China Ltd., and three fellow Chinese lenders that are members of Hong Kong’s benchmark Hang Seng Index, have languished over the ... ( read original story ...)

Cash machines are plentiful in Hong Kong – at airports, railway stations, banks, supermarkets and convenience stores and on the street. If you use your bank’s own machine, the transaction will be free ... ( read original story ...)

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, Mainland China, and internationally ... ( read original story ...)

Shares in Hong Kong rose to their highest level in more than three weeks on Monday, as countries globally reported fewer new coronavirus deaths, and after the Chinese central bank released $56 billion ... ( read original story ...)

DBS Hong Kong, a subsidiary of DBS Bank headquartered in Singapore, is transitioning to a new contact-free way for small- to medium-sized businesses (SMBs) to set up business accounts, according to a ... ( read original story ...)

Chinese companies are likely to turn to Hong Kong or Shanghai for capital, after two accounting scandals in a week burned investors and triggered a crisis of confidence in their US-listed peers.At lea ... ( read original story ...)

Citigroup Inc. has been picked for a top role on WeDoctor’s Hong Kong initial public offering, replacing Credit Suisse Group AG, according to people with knowledge of the matter. ( read original story ...)

Shanghai overtook Hong Kong as the world's top initial public offering (IPO) destination in the first three months of the year, but mega deals waiting in the wings for calmer markets could yet shake ... ( read original story ...)

Hong Kong dollar bank deposits dropped 0.5 per cent in February ... Since the government withdrew a controversial extradition bill that had triggered the protests, in September, the deposits have been ... ( read original story ...)

The Hong Kong stock market has finished higher in back-to-back trading days, soaring more than 1,000 points or 4.4 percent along the way. The Hang Seng Index now rests just above the 24,250-point ... ( read original story ...)

We will be hosting a webinar this morning on the human, economic, and market impact of COVID-19 on China and the world. Click here to sign up. Asian equities were largely lower following the S&P 500’s ... ( read original story ...)