Tag: finance

Virtual banking in countries such as the United Kingdom, Japan and mainland China could help draw a picture of the sector in Hong Kong, where these lenders are expected to launch operations in the ... ( read original story ...)

UBS dramatically cut its economic growth forecast for Hong Kong, citing uncertainty surrounding the US-China trade war and protests that have disrupted business in the city since June. The Swiss bank ... ( read original story ...)

The three note-issuing banks - the Hongkong and Shanghai Banking Corporation, Hang Seng Bank (0011) and BOC Hong Kong (2388) - kept the prime rate unchanged at 5.125 perce... The Hong Kong Monetary ... ( read original story ...)

Hong Kong Exchanges and Clearing is going all out to retain its crown in the global IPO rankings. As Edith Lu reports, the SAR has set its sights on attracting enterprises in the Asia Pacific to list ... ( read original story ...)

(Bloomberg) -- Hong Kong finance staffers gathered in the city’s central ... near the offices of major firms including HSBC Holdings Plc, Goldman Sachs Group Inc. and Standard Chartered Plc. They ... ( 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 ...)

But HSBC responded by becoming the first of the city’s commercial banks to say it will keep its prime rate steady. Sun Hung Kai plunged 4.1 per cent to HK$121.7, CK Asset Holdings fell 3.6 per cent to ... ( read original story ...)

"It will definitely deteriorate the quality of the banking industry. People will migrate out of Hong Kong together with their property," a Standard Chartered retail banking staffer, who gave his ... ( read original story ...)

The Hong Kong Professional Teachers’ Union ... Staff from HSBC, Standard Chartered, Citibank, Deutsche Bank, JP Morgan and UBS were among those who backed the call, some posting pictures of their ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong's central bank lowered its benchmark interest rate on Thursday, its first cut since late 2008, tracking a cut in U.S. rates, although tight cash conditions in the city ... ( read original story ...)

Experts in the Banking & Finance and Information Security sector converged at the Communications Association of Hong Kong’s Fintech Forum luncheon, sponsored by CITIC Telecom CPC, to explore the hot ... ( read original story ...)

Hong Kong's monetary authority cut the city's base lending rate for the first time in more than a decade, reducing the cost of money in a slowing economy that had been squeezed by a year-long US-China ... ( read original story ...)

Shares of Ascletis Pharma , the first biotech firm to list in Hong Kong under the new rules, are trading about 66% below is IPO price, while performances of the rest are mixed. ... ( read original story ...)

The Board of Hang Seng Bank Limited ("the Bank") has delegated to the Audit ... Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Pillar 3 disclosure requirements ... ( read original story ...)