Financial Services
HSBC issues statement re Ping An Insurance
There has been speculation about a possible sale.
Reducing risk not a priority for HK financial leaders
Nearly 2 in 5 financial leaders find one thing more important than reducing risk.
Enhanced Reverse Mortgage Programme kicks off Nov 16
Here are the 3 key changes.
Tsang rejects calls to end peg
There is no better alternative to the HK$ to US$ peg.
HKTA launches best practice guide for trustees
It comes with 9 guiding principles.
Hong Kong to beat New York as the world’s top financial center by 2016
Some 262,000 financial services jobs await.
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 interbank rates flat for 43 weeks in a row
It remains unchanged at 0.40%.
Moody's cautioned investors over Hutchison-issued bonds
Moody's assigned A3 rating.
Hong Kong banks' margins amongst lowest in Asia
Amazingly, HK banks are stronger than Singapore's.
HK beats US, UK, Singapore in financial development index
Two years in a row.
RBC Capital Markets gets go-ahead from Monetary Authority
It's a restricted banking licence.
HK will still become leading RMB center
Competitiveness will ensure Hong Kong’s leadership.
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