Tag: banking

Chan Wing-kai had a litany of previous convictions and had promised a judge he would turn over a new leaf after being jailed in 2016 But the 62-year-old returned to a life of crime just three months ... ( read original story ...)

(Bloomberg) -- A tropical storm shut Hong Kong’s financial markets for the first time in almost two years, adding chaos to a city which has been wracked by protests for weeks. The Hong Kong ... ( read original story ...)

Hong Kong faces a future of tightening liquidity as persistent depreciation pressures drive the city’s currency to the weak end of its peg against the greenback, according to Bank of America Merrill ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while discussing the potential for an initial public offering (IPO). Huynh refused to be drawn on the ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling," said CEO Huynh Thanh Phong, while talking about the initial public offering (IPO) plans. Huynh refused to be drawn on the timing of an ... ( read original story ...)

HONG KONG, July 31, 2019 /PRNewswire/ -- DiningCity, together with HSBC credit card, will present the Hong Kong Restaurant Week from August 22 to September 1. Hong Kong Restaurant Week is a truly ... ( read original story ...)

HSBC has become the first bank in Hong Kong to roll out a new type of bank account specifically catering to sufferers of dementia – an increasing public health issue in light of the city’s ageing ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while talking about the initial public offering (IPO) plans. Huynh refused to be drawn on the timing of ... ( read original story ...)

Speculation about its IPO plans or other funding options have grown as FWD has expanded. Earlier this month, ratings agency Moody's cut it outlook to negative from stable after the acquisition of the ... ( read original story ...)

“There may be many shareholders using small Chinese banks as ATM machines, but I don’t think we have enough understanding of bank ownership to know,” said Andrew Collier, managing director of Hong ... ( read original story ...)

The expected improvement "is not reflecting better economic activity but resulting from a strong comparison base in Q1 in 2018 when the economy was strong," said Paul Tang, chief economist from Bank ... ( read original story ...)

Shenzhen takes economic top spot – again – but Hong Kong is more liveable, study finds With China now locked in a trade war with the US, Beijing is banking on the hi-tech sector to spur development ... ( read original story ...)

The FSC has no plan to issue more virtual bank licenses at the moment, it added. Across the strait in Hong Kong, the financial hub gave out eight new online-only banking licenses earlier this year to ... ( read original story ...)

SHANGHAI — Hong Kong shares closed higher on Tuesday as investors ... If implemented, it would be the central bank’s first rate cut in a decade. ** Also in focus were U.S.-China trade talks ... ( read original story ...)