Hong Kong’s Regulator SFC Warns Against Global-FX

The SFC routinely warns about such entities and scams operating in Hong Kong, one of the region’s paramount financial markets. Presently, the SFC’s comprehensive Alert List features the names of businesses that have come to the attention of the ... ( read original story ...)

HSBC names AIA's Tucker as chairman in break with past

HONG KONG/LONDON HSBC (HSBA.L) broke with tradition by choosing outsider Mark Tucker to replace Douglas Flint as chairman later this year, handing the AIA Group (1299.HK) boss the task of selecting a new chief executive for Europe's biggest bank in 2018. ( read original story ...)

HSBC names outsider for chairman

HONG KONG -- HSBC says it's tapping the head of Asian life insurer AIA Group to be its chairman, turning to an outsider for a job it has traditionally filled from within its own ranks. The London-based bank said Monday that it named AIA chief executive ... ( read original story ...)

HSBC Names Mark Tucker to be First Outsider as Chairman

Mr. Tucker, 59, would be the first outsider to take the chairman’s role at HSBC as the bank, which is based in London but generates much of its profit in Asia, reshapes its leadership. He is expected to relocate from Hong Kong to London for the role. ( read original story ...)

The shadow looming over Hong Kong’s pumped up asset prices

Because of its “currency board” exchange rate link to the US dollar, Hong Kong automatically imports US monetary policy. So when the US Federal Reserve initiated its “quantitative easing” (QE) policy in the depths of the financial crisis in 2008 ... ( read original story ...)

Hang Seng Rises As Goldman Turns Bullish On China’s Banks

The Hang Seng ... Agricultural Bank of China has the shortest asset duration, which means it can roll over its short-term assets and invest at higher interest rates. Goldman also likes ICBC and Postal Savings Bank of China (1658.Hong Kong). ( read original story ...)