Financial Services
Hang Seng Bank boosts profit to HK$8.9 billion
Up 12% year-on-year despite challenging operating environment.
Hang Seng Bank boosts profit to HK$8.9 billion
Up 12% year-on-year despite challenging operating environment.
Despite questionable ethics, HSBC reports H1 net profit surge of 22%
Shares fall, however, on concerns about China’s growth.
New offshore renminbi bond market issuances plunge 964%
Renminbi internationalization encountering new problems.
DBS Bank Hong Kong extends US$16.3 million loan to Qianhai
Will go to further development of Qianhai logistics project.
Exchange Fund's total assets plunged to $2.8472t
On the back of lower foreign currency assets.
Hong Kong's total deposits dipped 1.1%
HK-dollar deposits also declined.
3 growth risks HSBC must watch out for
Fear of lower interest rate is one.
Hong Kong's monetary base dipped to HK$1.230b
All eyes now on FOMC meeting.
CGNPC plans Hong Kong IPO
China’s top nuclear power station builder targets US$4.12 billion.
New Zealand and China top MasterCard Index of Financial Literacy survey
Have best basic money management skills in Asia/Pacific.
Approved mortgage loans in June up 1.2% to $15.7b
Approvals for primary market transactions almost halved.
HKMA frets over doubled loan growth
Fears credit and funding risks rising.
Hong Kong Exchange Fund loses US$3.3 billion in Q2
Posted profit of US$5.0 billion in Q2 2012.
The crucial implications of FATCA for U.S. Citizens in Hong Kong
On July 10, 2013, the Hong Kong Legislative Council moved to enable Hong Kong to enter into stand-alone Tax Information Exchange Agreements and, more...
HKEx to introduce CES 120 Futures
Expands HKEx’s range of China-related products.
Hong Kong hits banks for providing loans to mortgage firms
Says this will undermine property curbs.
Warning out against unauthorised insurer
Beware of Yuen Yeung International Insurance.
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