Tag: finance

China Merchants Port Holdings and Bank of East Asia, long term constituents of Hong Kong’s benchmark Hang Seng Index, will be replaced by Sino Biopharmaceutical and Shenzhou International Group Holdin... ( read original story ...)

... Hong Kong’s interest rates are set to rise. Home loan rates had their biggest jump in five years after major lenders including HSBC Holdings Plc. and BOC Hong Kong Holdings Ltd. lifted the cap for ... ( read original story ...)

Under a Sino-British accord, Hong Kong kept its legal system, currency and civic freedoms, famously guaranteed for 50 years under the "one country, two systems" formulation. The city is a major global ... ( read original story ...)

which has often hosted talks by Chinese and Hong Kong officials, as well as dissidents, and has among its members many journalists from international media organisations, including the Financial Times ... ( read original story ...)

Finance and real estate are major sectors in Hong Kong's estimated $340 billion economy. Close economic and business ties with China will also have a huge impact on its economic outlook, especially si... ( read original story ...)

But Hong Kong’s Hand Seng fell 0.7 per cent as financials dropped 0.3 per cent and technology stocks shed 2.5 per cent, while the CSI 300 index of major Shanghai and Shenzhen-listed stocks fell 0.5 pe... ( read original story ...)

All three of Hong Kong’s banks will be issuing new $500 and $1,000 notes this year. The Standard Chartered Bank’s $500 note is shown here. Original images courtesy of Hong Kong Monetary Authority. The ... ( read original story ...)

Open APIs, in this context, refer to APIs that allow third-party access to systems belonging to a bank, while ensuring adequate security and consumer protection measures. Hong Kong, however, seemed to ... ( read original story ...)

Hong Kong lags behind other developed markets in allowing banks to work with third party service providers to deliver a “smart banking experience” but the Hong Kong Monetary Authority’s latest guideli... ( read original story ...)

HSBC’s results for the first half of 2018 lay bare the extent of the bank’s reliance on Asia. Led by Hong Kong, the region generated 87.6% of its pre-tax profits. Europe, by contrast, contributed 1%. ... ( read original story ...)

HONG KONG (Reuters) - China Tower Corp Ltd's shares were little changed on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the wo... ( read original story ...)

Home prices in Hong Kong have surged nearly three-fold since 2008, propelled by a supply shortage, cheap financing and big flows of money from Chinese investors. HSBC Holdings, Bank of China (Hong Kon... ( read original story ...)

Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)

Britain's Asia-focused bank HSBC on Monday revealed a $765-million US fine over the lender's actions in the run-up to the subprime crisis, as it also logged rising first-half profits. HSBC said it has ... ( read original story ...)