Tag: banking

But some are partnering, including in Hong Kong where Standard Chartered Plc tied up with PCCW Ltd. earlier this year to create a virtual bank. OCBC’s discussions are preliminary ahead of more details ... ( read original story ...)

HONG KONG, Aug 21 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after it wrote down loans in mainland China because of a downturn in commercial ... ( read original story ...)

HONG KONG — Stocks in Shanghai were little changed ... to deliver another 25 basis point cut next month, and U.S. central bank releases minutes of its last policy-setting meeting later on ... ( read original story ...)

Bank East Asia said today profit for the first half fell by 74.9 percent to HK$1 billion, representing a drop of HK$2.99 billion compared with the HK$3.99 billion earned in the same period in 2018.Pre ... ( read original story ...)

Home prices may drop by 10 per cent through to March 2020 as Hong Kong’s economy shrinks this year, said Morgan Stanley, the first bank to predict a contraction in the city’s economy Prices may drop ... ( read original story ...)

Hang Seng Bank and Bupa Hong Kong, the leading health insurance specialist, today announced the launch of the Global Prestige Voluntary Health Insurance Scheme (VHIS) Plan. The plan is the latest ... ( read original story ...)

SHANGHAI, Aug 20 (Reuters) - Hong Kong stocks ended lower on Tuesday as investors locked in profit after a four-day winning streak following Beijing’s interest rate reform, which boosted riskier ... ( read original story ...)

Hong Kong is gearing up for more protests this week ... as well as worries over the city's stock and property markets. The Hang Seng index still rose 2.2% overnight following a healthy lead ... ( read original story ...)

The Shanghai Composite Index and the ChiNext gauge both jumped the most since July 1, and the Hang Seng Index rose the most in two months. They were all headed for a fourth day of gains. Cheap ... ( read original story ...)

He then unfurled a banner that showed the flags of Hong Kong and China side by side, over a drawing of a handshake. Eight years ago the ‘French Spider-Man’ climbed the Hang Seng Bank in Hong ... ( read original story ...)

Hong Kong’s property prices are poised to decline by 10 per cent through March 2020, as the economy shrinks this year, according to a forecast by Morgan Stanley, the first bank to predict a ... ( read original story ...)

Hong Kong’s property prices are poised to decline by 10 per cent through to March 2020, as the economy shrinks this year, according to a forecast by Morgan Stanley, the first bank to predict a ... ( read original story ...)

Ken Cheung Kin Tai, chief Asian foreign exchange strategist for Mizuho Bank in Hong Kong, described the reform as "a bold step." He said it showed that the Chinese central bank wants to join the ... ( read original story ...)

The Hong Kong listing will let pensions and other investors ... “I think it is an interesting IPO, considering the ongoing US-China trade war,” a banker close to the offering said. ( read original story ...)