Financial Services

Hong Kong’s FX falls to $299.9 billion

First time it’s below the $300 billion level.

Warning out on bogus website

It resembles Wing Hang Bank's official site.

The checks and balances on Hong Kong’s credit commitments

The Hong Kong Monetary Authority (HKMA) recently highlighted a number of ‘warning signs’ that the territory’s economy was in danger of over-heating...

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.

CGNPC plans Hong Kong IPO

China’s top nuclear power station builder targets US$4.12 billion.

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.