Financial Services

Tsang rejects calls to end peg

Tsang rejects calls to end peg

There is no better alternative to the HK$ to US$ peg.

Bank of China (Hong Kong) to launch private banking services

You’re entitled if you have at least $2 million to invest.

HKEx underperforms in Q3

Hong Kong Exchanges & Clearing reported a 19% drop in its third-quarter net profit.

Bank of East Asia's SMBC stake increase could trigger short-term re-rating

But BEA has to prove that it has better risk management than its Chinese peers.

Closer Hong Kong-Beijing ties encouraged

Hong Kong and Beijing can make more money together.

Hong Kong banks' margins amongst lowest in Asia

Amazingly, HK banks are stronger than Singapore's.

HK will still become leading RMB center

Competitiveness will ensure Hong Kong’s leadership.

QE3 to drag Hong Kong banks' profitability

There is limited growth in residential mortgages.

Islamic finance bill gears up for 2013

Taxation framework for 'sukuk' are under way.