Tag: finance

While my colleague Nisha Gopalan and I remain skeptical about the impact of branchless, internet-only banks, the city’s established lenders like HSBC, BOC Hong Kong (Holdings) Ltd., Standard Chartered ... ( read original story ...)

The academy, first mentioned by Financial Secretary Paul Chan Mo-po in his budget in February 2018, will invite about 100 top executives from Hong Kong’s banking, finance and insurance industries to ... ( read original story ...)

CIMC Vehicles, the world's largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong ... ( read original story ...)

Financial Secretary Paul Chan: It was in the 2018-19 Budget that I announced the plan for an academy of finance to be set up by the Hong Kong Monetary Authority (HKMA). The HKMA has completed the task ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation Limited (HSBC HK) and Bank of China (Hong Kong) Limited (BOC HK) recently announced that they would no longer charge certain fees on personal saving ... ( read original story ...)

Also, Tasly Biopharmaceuticals, a biopharma unit of Shanghai-listed Tasly Pharmaceutical Group, plans to raise about US$500 million from a Hong Kong IPO, according to Reuters IFR. Meanwhile, Ernst & ... ( read original story ...)

Hong Kong blue chips barely moved at the close today. The benchmark Hang Seng Index inched up by a mere 0.13 percent, or 36 points at 28,221.98.Shares in China Merchants Bank (3968) rebounded by 0.26 ... ( read original story ...)

Shares in three big Chinese banks extended their drop today, after a U.S. media report suggested they could face fallout from an investigation into North Korean sanctions violations.China Merchants ... ( read original story ...)

The city’s exports dropped 2.4 per cent year on year for the seventh month, while imports were down 4.3 per cent for six months in a row, the Census and Statistics Department said on Tuesday. ... ( read original story ...)

HONG KONG -- China promised that for 50 years after Britain gave up control of its last colony, this shimmering financial enclave would get to keep freedoms absent in the communist-ruled mainland. ... ( read original story ...)

HONG KONG — More than 100 people blocked a Hong ... at the skyscraper inland revenue building near the heart of the financial center. The former British colony of Hong Kong returned to Chinese ... ( read original story ...)

Standard Chartered Bank Hong Kong announced it ill scrap its premium banking and easy banking's below amount fees from August 1.Earlier, The Hongkong and Shanghai Banking Corporation and Bank of China ... ( read original story ...)

the third major bank in a week to scrap the charge imposed on small depositors as Hong Kong’s traditional lenders prepare to fight off competition from virtual banks. HSBC and Bank of China Hong Kong ... ( read original story ...)

The Shenzhen Stock Exchange Composite Index sank by 2.12 percent to end at 9,016.91 points at mid day.Shares in China Merchants Bank (3968) plunged by 8.99 pe... Stocks in Hong Kong stocks lost 372.52 ... ( read original story ...)