Financial Services News - The Latest News, Headlines, Insight, Commentary & Analysis at Hongkong Business

Financial Services

China Merchants Bank net operating income increases to $345b in 2020

It represented a 7.6% YoY rise, compared to 2019.
2 months ago

China Merchants Bank net operating income increases to $345b in 2020

It represented a 7.6% YoY rise, compared to 2019.
2 months ago

Moody's rates Guotai Junan Holdings' US$3b medium-term note

The company received a long-term and short-term rating of (P)Baa1 and (P)P-2.
2 months ago

Huarong AMC at risk of a Moody's rating downgrade

The company’s ratings are currently under review, but negative sentiments persist.
2 months ago

Haitong International joins Singapore Exchange

This will allow the Group to expand its service scope ifurther into the Greater China region.
2 months ago

New appointments for the Mandatory Provident Fund Schemes Advisory Committee

The Government has also appointed new members to the Process Review Panel on regulation of Mandatory Provident Fund Intermediaries.
2 months ago

HKMA launches Global Regtech Challenge

It aims to raise awareness on the potential of regtech adoption.
2 months ago

Statrys 'humanisation' of the payment platform services

How this fintech startup offers digital solutions with a human touch.
2 months ago

Sun Life appoints Clement Lam as CEO of Sun Life Hong Kong

Sun Life has also appointed Karim Gilani as president of International Hubs.
2 months ago

HKMC, five banks sign MOU on infrastructure loans framework

The MOU will set out the principal terms for potential infrastructure loan cooperation.
2 months ago

Moody's affirms Mong Duong Finance's Ba3 rating

The firm has also revised Mong Duong Finance’s outlook to 'positive'.
3 months ago

Sun Hung Kai profit rose 22% in 2020

It also marked the company’s transformation to an alternative investment platform from a securities house.
3 months ago

Azure Risk launches Hong Kong operations

The startup has appointed Anmol Sawlani to lead its team.
3 months ago

Hong Kong steps up as 4th leading financial centre in the world

The city’s rating, however, slips two points, the index shows.
3 months ago

Wealth management may boost Hong Kong's family office hub push: survey

An almost unanimous number of respondents agree the wealth management connect will benefit their businesses.
3 months ago

Payoneer, Mastercard partner to offer digital solutions to SMBs

The service streamlines how SMBs use their earnings.
3 months ago

Fintech SoePay launches contactless payment app SoftPOS

This payment solution is designed for small and micro-merchants
3 months ago

HKMA extends Pre-approved Principal Payment Holiday Scheme

Participating banks have granted over $750b relief in the scheme since January 2021.
3 months ago