Financial Services

12 Mar 18
The Asian financial centre has one of the worst credit-to-GDP gaps globally.
12 Mar 18
The brand is backed by Louis Vuitton’s private equity firm L Catterton Asia.
9 Mar 18
The ratio of HIBOR-linked new mortgage loans on floating rates has dipped to 86.2% in January.
8 Mar 18
A New York or a London listing is unlikely as Riyadh eyes closer Asian ties.
8 Mar 18
The currency plummeted to a thirty-year low at $7.83 level on Tuesday.
8 Mar 18
The dominance of the large, listed companies so long at the heart of Hong Kong’s economic and business culture is under threat, challenged...
7 Mar 18
Lei Shing Hong reportedly plans to list in the second half of the year.
7 Mar 18
They welcome the convenience and all-day accessibility of digital alternatives.
28 Feb 18
The budget address disappointed residents waiting for a repeat of the 2011 handout scheme.
28 Feb 18
It posts one of the largest loan growth in Asia, easily beating Singapore, Thailand, Indonesia and Malaysia.
28 Feb 18
It lays out a bilateral mechanism for companies entering one another’s markets.
27 Feb 18
31% aim to leverage the expertise of other businesses by partnering with digital agencies.
27 Feb 18
It will replace the need for a physical security device.
21 Feb 18
They belive it is key to maintain Hong Kong's financial dominance.
20 Feb 18
Banks have enough money to delay its implementation.
20 Feb 18
Companies might want to restructure to take advantage of the guidelines.
16 Feb 18
Even if it means going beyond the $5b additional funding, said CE Lam.
16 Feb 18
It remains vague on issues other than ring-fencing and tax leakage.
16 Feb 18
This is equivalent to $131.24b.
15 Feb 18
It’s high time to boost the private equity fund and asset management industry.
15 Feb 18
It soared from $83.5m.
15 Feb 18
Digital savvy clients may soon prefer to interact more with chatbots.
14 Feb 18
WeLab’s $220m series B funding round has some big-time backers including Alibaba.
13 Feb 18
The project aims to digitalise trade between the two cities.
13 Feb 18
HSBC and BOC locked rates at 1.68% - lower than the industry standard.
13 Feb 18
Waiving first-time registration tax for e-vehicles may be a good idea, said EY.
12 Feb 18
Those with AML and KYC skills are poised to be the most sought-after.
9 Feb 18
Some buyers may not be able to pay the upfront cash burden, said EY in its budget wishlist.
9 Feb 18
EY believes it will facilitate talent exchange amongst Greater Bay Area cities.
9 Feb 18
The bank self-reported its various internal control and systems failures to the regulator.
8 Feb 18
Inland Revenue Amendment Bill No.6 imposes additional requirements for domestic transactions.
8 Feb 18
This comes even as the HKMA tightened lending to developers last June.
7 Feb 18
The de facto central bank believes they promote fintech and financial inclusion.
7 Feb 18
The number of Chinese HNWI who cited Hong Kong as the preferred overseas investment destination dipped to 53%.
6 Feb 18
Therefore, KPMG believes that a tax incentive for funds and RHQ should be introduced.
6 Feb 18
This will result in greater industry collaboration between banks and e-commerce players.
6 Feb 18
The policy would put Hong Kong at par with major financial centres like Singapore and US.
6 Feb 18
The $220m capital infusion for fintech startup WeLab was the ninth largest year-end deal in Asia.
5 Feb 18
The move is sure to encourage increased levels of private investment, said EY.
5 Feb 18
Battling anti-money laundering remains high on their agenda.