Tag: finance

Hong Kong on Thursday accused America of using the city as a pawn in ties with China as it slammed a US decision to withdraw from three accords on extradition and taxation. The United States formally ... ( read original story ...)

Building a resilient banking system is not the same as fostering environmental and social sustainability. For Hong Kong’s sustainable banking to live up to its name, more consideration should be given ... ( read original story ...)

Hong Kong Exchanges & Clearing Ltd. posted a 1% gain in profit ... “High Cash Market turnover, record Stock Connect volumes and a notable number of IPOs, including a number of sizable secondary ... ( read original story ...)

Deutsche Bank is not leaving Hong Kong. But like many businesses and banks, a year of political turmoil has put a question mark over the island's centrality as Asia's premier financial hub. ( read original story ...)

... growth in its interest income was partly helped by IPO financing due to an active IPO market in Hong Kong. "We believe that the increase in US-listed Chinese companies seeking secondary ... ( read original story ...)

Hong Kong’s police chief, among 11 officials sanctioned by the United States government over China’s national security law for the city, shifted his mortgage from HSBC to Bank of China (Hong Kong) ... ( read original story ...)

Hong Kong's leader said she's having trouble using her credit cards after the US imposed sanctions targeting Chinese officials and their allies in the city.. Read more at straitstimes.com. ( read original story ...)

Ant Group, Alibaba's BABA.N fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the s ... ( read original story ...)

HONG KONG (Reuters) - Ant Group, Alibaba’s (BABA.N) fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding ... ( read original story ...)

Excellence Commercial Property and Facilities Management Group is looking to raise between US$300 million (HK$2.33 billion) and US$400 million from an initial public offering in Hong Kong, according ... ( read original story ...)

US sanctions could lead to bank account closures and credit card cancellations for sanctioned officials and their families as banks are wary of running afoul of American regulators, compliance ... ( read original story ...)

Hang Seng Bank's 1H 2020 dividends were cut by -32% from HK$2.80 in 1H 2019 to HK$1.90 in 1H 2020, which was disappointing. ( read original story ...)

Excellence Commercial Property, controlled by billionaire tycoon Li Hua, joins a wave of property management service providers including units of Sunac and China Evergrande in seeking a Hong Kong ... ( read original story ...)

Stocks related to the mainland’s banking sector jumps 3.7 per cent, according to a gauge compiled by Xuangubao.com. ( read original story ...)