Tag: banking

2019 /PRNewswire/ -- Alibaba Hong Kong Entrepreneurs Fund, a non-profit initiative launched by Alibaba Group, announced today that HSBC will be the title sponsor of the third edition of its start ... ( read original story ...)

Photo: Felix Wong Hong Kong’s Financial Secretary Paul Chan Mo-po on Wednesday noted that any attack on its currency could be dealt with adequately given its strong banking system and record currency ... ( read original story ...)

The Hong Kong Monetary Authority is set to launch the second phase of its Open API project. Separately, digital banking in Europe eyes corporate clients, and cloud banking gets an FI adherent. Open ... ( read original story ...)

“We are confident, whether in our banking or monetary system, we can deal with potential volatility.” While yuan weakness could increase Chinese exports and benefit Hong Kong, a re-export hub, it ... ( read original story ...)

BOC Hong Kong (Holdings) Limited (HKG:2388) received a lot of attention from a substantial price movement on the SEHK over the last few months, increasing to HK$35.85 at one point, and dropping to ... ( read original story ...)

... online banking username and password of her bank account as instructed by the swindler to prove her innocence,” a police spokesman said. Filipino, South Korean first foreigners arrested in Hong ... ( read original story ...)

Any traditional bank may, of course, launch a banking app and provide the panopoly of financial services available. Singapore, a leading Asian Fintech Hub, is a bit behind Hong Kong when it comes to ... ( read original story ...)

HONG KONG/SHANGHAI (Reuters) - The People’s Bank of China will sell 30 billion yuan ($4.26 billion) of offshore yuan-denominated bills in Hong Kong on August 14, it said on Tuesday. The PBOC is ... ( read original story ...)

(Bloomberg) -- Hong Kong’s wealthiest people are starting to feel the pain from nine weeks of protests that have jammed the financial hub’s streets, weighed on economic growth and battered ... ( read original story ...)

(Bloomberg) -- Hong Kong leader Carrie Lam warned of a “very dangerous situation” as protesters moved to shut down the Asian financial hub with a general strike on Monday after a ninth straight ... ( read original story ...)

All three note-issuing banks in Hong Kong saw their shares fall to the lowest level in three months as a citywide strike disrupted travel and violent protests continued The yuan falling below 7 per US ... ( read original story ...)

The top loser was Sun Hung Kai Properties, one of the city's largest developers. It sank 5.2%. BOC Hong Kong, a major lender owned by Bank of China, fell 3.4%. The MTR — the city's subway system and a ... ( read original story ...)

HONG KONG/LONDON (Reuters) - HSBC (HSBA.L) ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender’s chairman said was necessary to ... ( read original story ...)

Hang Seng Bank reported today first half profit increased by 8 percent from the year before to HK$13.65 billion.Pre-tax profit was up by 7 percent to HK$15.89 billion from the year before. Operating ... ( read original story ...)