Financial Services

BOC Hong Kong profits up 5% in 3Q

MayBank points more concern on latest operating trends.

Capital Group increased stake in CPMC Holdings

This makes it a substantial shareholder with more than 5% interest.

Beware of this fraudulent website: HKMA

Domains are similar to the official website of Dah Sing Bank.

Government short of lawmakers' votes for senior allowance

Will the proposed $2,200-a-month support push through?

Hong Kong implements first phase of Basel III

Hong Kong has published the Banking Capital Amendment Rules 2012.

King Stone Energy Group gets Quam Capital as independent financial adviser

Quam Capital will counsel the Independent Board Committee.

HK, Mongolia customs ink co-operation deal

Both parties agreed to exchange information of customs laws.

'Hot money' to flow into Hong Kong

A domestic credit expansion awaits.

Business operations hit all-time high

7,250 companies are alive and kicking.

Hong Kong bond issuers most active in Asia

Hong Kong accounts for 19% of the USD77.8bn-worth of USD bond issuances in Asia ex-Japan.

China Life issues profit warning

Net profit for 9M11 is forecast to decrease by around 55% YoY.

Raiffeisen Bank International AG gets banking license in Hong Kong

This brings the number of licensed banks in Hong Kong to 155.

Government issues alert against bogus website

The website www.schmailhk.com looks similar to Shanghai Commercial Bank's online portal.