Financial Secretary Paul Chan: There are clearly some concerns regarding Hong Kong's overall financial knowledge according to recent surveys. For example, while about 80% of the people of Hong Kong ha... ( read original story ...)
Hong Kong more open to sharing financial data says new report
SHARING sensitive data with companies is something customers have always been cautious about, but a new report suggests Hongkongers are more open to sharing financial data than their neighbors. In oth... ( read original story ...)
Gov’t boosts finance industry
Financial Secretary Paul Chan: In the coming months, we will put out a proposal for industry consultation about introducing a limited partnership regime for private equity funds in Hong Kong. Thereaft... ( read original story ...)
HANG SENG BK LT/S (HSNGY) & Lloyds Banking Group (LYG) Critical Review
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institution... ( read original story ...)
Will Luckin Coffee prove a good IPO bet?
Chinese startup Luckin Coffee is reportedly seeking an IPO in Hong Kong this year, even as global coffee chain giant Starbucks has warned of a slowdown in the China market. Targeting a similar custome... ( read original story ...)
Hong Kong banks need to adopt this key hiring practice as virtual era dawns
The Hong Kong Monetary Authority is expected to issue the city’s first virtual bank license during the first quarter. As of August 31, the authority had received 29 applications to operate virtual ban... ( read original story ...)
Three Filipinos face charges over fake ID for bank accounts
Three Filipinos, who claimed they were enticed with a free trip to Hong Kong, now face charges of using a false document when they tried to open bank accounts. The three Filipinos – Enrique V, Ryan S ... ( read original story ...)
The boutique bank now hiring from Goldman, JP Morgan in Hong Kong
The Hong Kong branch of Jefferies has taken on senior equity sales-trader Maya Frommer from Goldman Sachs. The hire, which comes just three months after Jefferies recruited two Hong Kong-based JP ... ( read original story ...)
Three men on the run in Hong Kong after forcing victim to hand over bank card and withdrawing HK$38,000
Police have launched a citywide search for three male suspects who allegedly forced a Hong Kong man to hand over his bank card and reveal his PIN in a Mong Kok hotel room in the early hours of Tuesday ... ( read original story ...)
Access Bank to expand to 3 African countries this year
Etuokwu then went on to highlight the bank’s expansion plans. “We are in 15 countries. Before the MIDDLE of this month, we will be in three more countries in Africa. Before June end hopefully, we will ... ( read original story ...)
JETCO launches open banking API exchange
Hong Kong-based cross-bank ATM service Joint Electronic Tellers Services (JETCO) has launched its JETCO APIX exchange platform. The platform provides access to over 200 APIs from 13 banks. The APIs in... ( read original story ...)
Hong Kong holds 12th Asian Financial Forum to discuss economic opportunities, challenges
Hong Kong Special Administrative Region (SAR) Chief Executive Carrie Lam delivers an opening speech at the 12th Asian Financial Forum(AFF) in Hong Kong, south China, Jan. 14, 2019. The forum opened in ... ( read original story ...)
Sinopec Wins Cabinet Approval for IPO of Retail Unit
Plans for the potential IPO are still at an early stage, and details including size could change, the people said. The company would still need to seek listing approval from the Hong Kong stock exchan... ( read original story ...)
UBS named best private bank in Asia Pacific and Hong Kong for 2018
HONG KONG, Jan. 14, 2019 /PRNewswire/ -- Markets bit back in 2018, asking searching questions of Asia's private banking and wealth management industry following a rosy run in 2017. Asian Private ... ( read original story ...)