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Tag: banking

Posted on 10/02/2021

Hong Kong public focuses on financial wellbeing, retirement planning and health amid pandemic, Manulife survey shows

Control of finances more important given concerns about loss of personal wealth Preference for dealing with agents when buying insurance, ... ( read original story ...)

Posted on 10/02/2021

Hong Kong to ease coronavirus restrictions as daily cases fall

Hong Kong will ease strict coronavirus restrictions from Feb. 18, re-opening sports and entertainment facilities and extending dining hours, Health Secretary Sophia Chan said on Wednesday, as the city ... ( read original story ...)

Posted on 10/02/2021

Hong Kong stocks rise above 30,000 level as markets soar ahead of Lunar New Year break

The Hang Seng Index rose 1.9 per cent to 30,029.61 in morning trading, rising above the 30,000 level for the first time since January 25. It was on track for a fourth straight day of gains. The ... ( read original story ...)

Posted on 10/02/2021

Hong Kong stocks close at 3-week high on upbeat China data

Hong Kong stocks rise on Wednesday to end at a three-week high, after upbeat data pointed to a continued recovery in China’s economy. ** The Hang Seng index rose 1.9%, to 30,038.72, while the China ... ( read original story ...)

Posted on 10/02/2021

Hong Kong Bourse May Run Out Of Steam On Wednesday

The Hong Kong stock market has finished higher in three straight sessions, collecting more than 350 points or 1.2 percent along the way. The Hang Seng Index now rests just above the 29,475-point ... ( read original story ...)

Posted on 10/02/2021

Hong Kong Exchange—The Biggest In The World—Names First Non-Chinese CEO

Hong Kong Exchanges and Clearing Ltd. (HKEX), operator of the Hong Kong Stock Exchange, named Argentine banker Nicolas Aguzin as its chief executive officer, making him the first non-Chinese to lead ... ( read original story ...)

Posted on 09/02/2021

Hong Kong shares close higher with energy firms leading gains on higher oil prices

Hong Kong shares ended higher on Tuesday with energy stocks leading gains, following rising oil prices as investors were reassured by a quicker economic recovery. ** At the close of trade, the Hang ... ( read original story ...)

Posted on 09/02/2021

JPMorgan’s Aguzin Named CEO of Hong Kong Exchange, Sources Say

Nicolas Aguzin, who heads JPMorgan Chase & Co.’s international private bank, is resigning from the U.S. lender to be named chief executive officer of Hong Kong’s stock exchange. ( read original story ...)

Posted on 09/02/2021

81 arrested in Hong Kong as triad-led gambling shops busted

A greater focus on illegal gambling operations with ties to triads has been put in motion throughout the region and has already found several big targets. There is likely more to come, as well, as ... ( read original story ...)

Posted on 09/02/2021

Hong Kong’s status as international financial center remains stable: data

Pedestrians pass by the office of HKEX in Hong Kong. File photo: VCG. As some express concerns about Hong Kong Special Administrative Region's future as an international financial ... ( read original story ...)

Posted on 09/02/2021

Hang Seng Index fluctuates as oil, casino stocks advance in reflation trade amid PBOC policy assurance

The Hang Seng Index approaches the highest level since January 25 when the gauge settled above 30,000 points. China pledges stability in monetary policy while global reflation trade lifts oil and ... ( read original story ...)

Posted on 09/02/2021

Hong Kong Bourse Has A Green Light For Tuesday’s Trade

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 200 points or 0.7 percent along the way. The Hang Seng Index now rests just beneath the 29,320-point plateau ... ( read original story ...)

Posted on 09/02/2021

Hong Kong Proposes Tightening Rules on Stock, Bond Sales

Hong Kong’s market regulator proposed to tighten rules for brokerages handling stock and bond sales to clamp down on inflated orders and the chase after higher fees in the Asian financial hub. ( read original story ...)

Posted on 08/02/2021

Lawmakers challenge HSBC on Hong Kong activist’s accounts

An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to unfreeze Hong Kong pro-democracy activist Ted Hui's accounts. In a letter, the Inter ... ( read original story ...)

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