Tag: finance

Mainland Chinese bankers are increasingly knocking Western expats off their perch at the senior end of Hong Kong investment banking. Mainland Chinese are increasingly taking senior roles in global investment banks in Hong Kong – at the expense of the ... ( read original story ...)

They would share any lessons learned with the fintech industry and banking sector in Hong Kong, so as to facilitate further DLT developments. While embracing fintech generally, the event took a cautious approach to DLT. Delivering a keynote address ... ( read original story ...)

But most analysts don't expect any moves from the central bank. The Hang Seng Index in Hong Kong lost 20.27 points, or 0.1%, to 22,934.54 In currency markets, the yen weakened against the dollar, fetching 104.84 as of late afternoon local time, but still ... ( read original story ...)

Spot Level means the spot level of the Index as compiled and published by Hang Seng Indexes Company Limited ... We are a licensed bank regulated by the Hong Kong Monetary Authority. We are also authorised and regulated by the Financial Market Supervisory ... ( read original story ...)

The gains put the Dow on track to beat its all-time closing from August. Other indexes didn't do as well. ASIA'S DAY: Hong Kong's Hang Seng index lost 1.4 percent to 22,531.09 and South Korea's Kospi fell 0.9 percent to 1,984.43. Stocks are opening higher ... ( read original story ...)

The central bank last hiked its key rate in September by 50 basis ... States indicating markets there were also set to plunge when they opened. In Hong Kong the Hang Seng index finished 3.1 percent lower and Australia's ASX 200 finished down almost 2 ... ( read original story ...)

Hong Kong's Hang Seng index lost 1.3 percent to 22,538.51 and South ... Singapore Treasury Division at Mizuho Bank, referring to President Obama's health care program". "Investors are now thinking that things aren't going to be as bad as what they had ... ( read original story ...)

The election result tremors were also felt across South Korea and Hong Kong as the Kospi plunged 3.27%, while Hang Seng knocked down 3.57%. Cash streaming into safe haven stocks, gold and currencies such as the yen was initially sent by his success. ( read original story ...)

Japan's Nikkei 225 index soared 6.7%, more than recovering losses from the previous session. Hong Kong's Hang Seng index added 2.1% with Australia's ASX index up 3.3%. Traders had expected Hillary Clinton to beat Mr Trump to become the next US president. ( read original story ...)

South Korea's Kospi advanced 2.3 percent and Hong Kong's Hang Seng added 1.9 percent ... Barclays rose 0.3 per cent or 0.65p to 201.75p after the bank completed the sale of its £1.2 billion Spanish and Portuguese credit card business to Spanish online ... ( read original story ...)

With finance channels closing, fake trade invoicing has grown - as demonstrated by a growing gap between figures for Chinese imports from Hong Kong and Hong Kong's exports to China, which ought to be equal and opposite. In essence, Chinese importers ... ( read original story ...)

The Hong Kong stock market headed higher again on Thursday, one session after it had snapped the two-day winning streak in which it had spiked almost 260 points or 1.2 percent. The Hang Seng Index now rests just beneath the 22,840-point plateau ... ( read original story ...)

The function of the Audit Committee is oversight. The Management is responsible for the preparation, presentation and integrity of the financial statements. The external auditors are responsible for planning and carrying out a proper audit of the Group's ... ( read original story ...)

The Remuneration Committee (the "Committee") is a standing committee of the Board of Directors (the "Board"). The purpose of the Committee is to assist the Board in fulfilling its oversight responsibility for BOC Hong Kong (Holdings) Limited (the "Company ... ( read original story ...)