Financial Services
HKMA grants licence to China Minsheng Bank
China’s ninth largest bank is the 153rd licensed bank in Hong Kong.
HKMA grants licence to China Minsheng Bank
China’s ninth largest bank is the 153rd licensed bank in Hong Kong.
New year, new banknotes!
HSBC’s new HK$100 note will be in circulation starting January 11.
Renminbi deposits in Hong Kong up in November
There was a 1.4% increase while Hong Kong dollar deposits jumped by 0.4%.
HKMA backs China Development Bank's renminbi bonds issuance
The lender will be the first financial institution in China to make use of the platform to issue renminbi bonds.
Hong Kong overtakes US and UK in Financial Development Index
Hong Kong took the top spot with a score of 5.16 on a scale of 1-7, says World Economic Forum.
Gender inequality in Greater China finance sector still rife
Yet 59% of the survey respondents believe the number of women in top management positions will increase in the next 5 years.
Emperor Capital Group posts profit at HK$62.1mn
The first Emperor fund & money lending business will become new revenue drivers.
Consultation starts for Companies Bill
The Financial Services & the Treasury Bureau is seeking public views on whether the bill should have further flexibility.
New mortgage loans drop 17% in October
New loans approved also fell to HK$12.5 billion.
HKMA grants license to Bank Morgan Stanley
Addition of the lender ups the restricted-licence banks in Hong Kong to 20.
What you need to know about HK banks’ EU exposure
Can HK banks dispel the risks from European banks’ fundings?
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Charge it! Credit card receivables up 4.2% to $90.6b
But guess how much the delinquent amount is as at end-September?
Hong Kong promoted as China's global financial hub in Frankfurt
The Hong Kong Economic and Trade Office, Berlin, is intensifying Hong Kong's strategic positioning as being China's global financial centre.
American Express appoints Yat-Chung Koh as President of its consumer card business in Asia
Prior to this appointment, Koh ran the American Express’ consumer card businesses in Greater China and Southeast Asia markets.
HKMA steps up its Mainland business monitoring
The aggregate exposure of Hong Kong's banking sector to non-bank Chinese entities up up 60% to $1.622tn at the end of 2010.
IMF lauds HK's exchange rate system, policy framework
Hong Kong's Linked Exchange Rate system and the government's policy framework to support growth and safeguard financial stability were strongly...
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