Hong Kong’s banks must step up their efforts to combat cybercrime and protect customers’ data amid a dramatic rise in online attacks, one of the city’s most senior banking executives has warned. Mary ... ( read original story ...)
Hong Kong capital finds way to Vietnam amid trade war
The Vietnamese Ministry of Planning and Investment recorded $19 billion of foreign direct investment from Hong Kong in the first half of 2018. Terence Chiu, head of Commercial Banking at HSBC Bank (Ho... ( read original story ...)
Allahabad Bank dials RBI for transfer of bad loan from Hong Kong
The bank is, by all probability, set to miss the March deadline set by the government for winding up the branch. KOLKATA: State-run Allahabad Bank has sought Reserve Bank of India’s permission to tran... ( read original story ...)
Belt and Road needs an image makeover
Meanwhile, a range of regional currencies can be tapped for Belt and Road projects – something Bank of China (BoC) recently discovered when it ... construction in the Greater Bay Area around Hong Kong ... ( read original story ...)
Hong Kong Shares May Inch Higher On Monday
Hong Kong & China Gas added 0.47 percent, Sands China lost 0.40 percent and BOC Hong Kong gained 0.33 percent. The lead from Wall Street is cautiously optimistic as stock fluctuated Friday before fini... ( read original story ...)
Hong Kong Bourse Tipped To Remain Rangebound
Hong Kong & China Gas climbed 1.52 percent, China Mobile dropped 1.26 percent, BOC Hong Kong retreated 1.16 percent, CITIC declined 1.03 percent, Galaxy Entertainment contracted 1.01 percent, New Worl... ( read original story ...)
BOC loses debt syndicate head in Hong Kong
Ha’s departure will bring to an end his six-year stint at the big four Chinese bank, which is yet to name a replacement for him, according to a source with knowledge of the situation. February 1 will ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Index ETF (2833.HK) 8.60% Higher Over past 13 Weeks
Shares of Hang Seng Index ETF (2833.HK) have been trending up over the past quarter, revealing solid bullish momentum for the equity, as they ran 8.60 over the past 13 weeks. Looking more nearterm, th... ( read original story ...)
Spirits industry calls on Hong Kong finance chief Paul Chan to slash taxes on strong alcohol – but medical professionals slam ‘backwards’ step
Hong Kong should ditch its outdated, high taxation system for strong alcohol, a regional trade body told the finance chief, claiming its proposals on tax reform could bring in more than HK$1 billion i... ( read original story ...)
Former Hong Kong financial secretary’s firm competes with Fosun-backed hospital operator in Greater Bay Area
New Frontier, an investment company co-founded by former Hong Kong finance minster Antony Leung Kam-chung, is competing with international health care providers in the region covered by Beijing’s “Gre... ( read original story ...)
Boc Hong Kong (BHKLY) versus DNB ASA/S (DNHBY) Critical Survey
This table compares Boc Hong Kong and DNB ASA/S’s net margins, return on equity and return on assets. 0.2% of Boc Hong Kong shares are owned by institutional investors. Comparatively, 0.1% of DNB ASA/ ... ( read original story ...)
Money, money, money … It’s not a cashless society yet in Hong Kong where banknotes still rule
There is plenty about the look, feel and history of banknotes to treasure, says the art director for HSBC’s Global Publishing Services, which works on the design of banknotes. Hong Kong’s banknote des... ( read original story ...)
Hong Kong companies are spending big on this ‘laisee’ envelope tradition that dates back to the 1960s
Ecoart is a Hong Kong-based company which is a major printer of laisee envelopes. Its clients include firms such as Sun Hung Kai Properties, China Construction Bank, Coface, Yoho Hall, and the private ... ( read original story ...)
Tencent-backed Chinese movie-ticketing app Maoyan makes weak Hong Kong debut
Its float is being watched as a test of investor sentiment for Hong Kong deals after a patchy performance by newly listed stocks in 2018 amid U.S.-China trade tensions. Maoyan’s IPO already implied a ... ( read original story ...)