Tag: finance

Nov 27 (Reuters) - Hong Kong shares closed lower on Monday ... last month despite a slight cooling from a sizzling September. ** At close of trade, the Hang Seng index was down 180.13 points or 0.6 percent at 29,686.19. The Hang Seng China Enterprises ... ( read original story ...)

The top gainer on Hang Seng was BOC Hong Kong Holdings Ltd up 4.44 percent ... followed by China Vanke Co Ltd gaining 4.75 percent and China Merchants Bank Co Ltd up by 1.13 percent. ** The three biggest H-shares percentage decliners were BYD Co Ltd ... ( read original story ...)

The prime rate stands at 5 percent at HSBC Holdings Plc, Hong Kong’s biggest bank. A typical Hong Kong home loan may be priced at Hibor plus 1.4 percent, for example, with a ceiling at prime minus 2.85 percent. Three months ago, the one-month rate stood ... ( read original story ...)

The prime rate stands at 5 percent at HSBC Holdings Plc, Hong Kong's biggest bank. A typical Hong Kong home loan may be priced at Hibor plus 1.4 percent, for example, with a ceiling at prime minus 2.85 percent. Three months ago, the one-month rate stood ... ( read original story ...)

HONG KONG - HSBC hosted more than 100 institutional investors from across Asia, senior officials from Saudi Arabia and executives from some of the Kingdom’s biggest companies in an invitation-only event focused on the government’s ambitious Vision 2030 ... ( read original story ...)

Bank of East Asia, Hong Kong’s largest independent bank, has sold a package of consumer finance assets to Chinese money lender QL Finance for HK$1.08 billion (US$139 million), as part of an ongoing drive to cut costs and streamline operations. ( read original story ...)

“We should basically in a few weeks, hopefully be able to announce a structure where we will have a chapter inside the main board that allows companies to list in Hong Kong, with weighted voting rights structures.” The Asian financial hub’s exchange ... ( read original story ...)

Great Wall will be the third Chinese “bad bank” to list in Hong Kong. The company, along with three other similar groups, was created by China’s finance ministry in 1999 as a vehicle into which non-performing loans could be offloaded from China’s ... ( read original story ...)

head of the institutional banking group at DBS Bank (Hong Kong) Ltd. To read more on the threat to Hong Kong home prices, click here “The market is following the U.S. because it expects a Fed rate hike to happen, and it’s near year-end and month-end ... ( read original story ...)

It all begins with opening your local bank account. Opening a bank account is one of the first few things you ought to do after arriving in Hong Kong, especially if you’re planning on staying for a while. To receive your salary, you’ll need to have a ... ( read original story ...)

The U.S. central bank has lifted rates just four times in two years and put its $4.5 trillion balance sheet on a very gradual path of slimming down, but further tightening is expected next year. Because Hong Kong’s currency is pegged to the dollar ... ( read original story ...)

and Taipei Fubon Bank are among the first trailblazers to move into the new tower within the Victoria Dockside district. With panoramic views of Hong Kong Island and Victoria Harbour, the US $2.6 billion Victoria Dockside development is poised to become a ... ( read original story ...)

The move seeks to boost the bank's mortgage and deposit books. OCBC Wing Hang Bank Limited, a wholly-owned subsidiary of OCBC, has completed the acquisition of National Australia Bank's (NAB) Private Wealth business in Hong Kong on November 24, according ... ( read original story ...)

Want an easy ride into your next banking job in Hong Kong? This is where you should be working. https://news.efinancialcareers.com/hk-en/250285/vp-job-asia/ If you’re thinking of starting a search for a new banking job in Hong Kong, it’s first worth ... ( read original story ...)