Financial Services
HKEX launches OCG-C centralised access trading platform
This shows HKEX's commitment to building efficient tech solutions.
HKEX launches OCG-C centralised access trading platform
This shows HKEX's commitment to building efficient tech solutions.
Green finance in APAC to grow amidst data and disclosure gaps
But is it growing fast enough for the region to achieve climate goals?
Credit card circulation decrease by 1.5% in Q2
Payment card usage increased by 18.8% QoQ in Q2 2021.
Datasite recognised as Fintech - Financial Services winner at the China Technology Excellence Awards
Datasite Diligence™ and Datasite Prepare™make customers deal-ready, anytime and anywhere.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.
Sun Hung Kai & Co. profit surges by 287% to $2.7b
This is thanks to significant gains in investment management amongst others.
Fund managers to count climate risks in investment schemes: SFC
The SFC has concluded talks on climate-related risks in funds.
Bank of East Asia profit rebounds nearly 75% to $2.67b in H1
This increased from $1.53m in the same period last year.
SFC vets 120 listing applications in Q2
This comes as the commission imposes stricter review on applications.
Cathay, OpenRice offer one mile for every $4 cash payment
The First 50,000 members of Asia Miles and Marco Polo Club can get up to 200 extra miles.
LeoGroup enters merger to form US$4.3b global wealth advisor
The Leo Wealth merger also involved The Capital Company and BFT Financial Group.
Practitioners optimistic over HK’s finance industry in next three years
Around 56% of industry practitioners are positive about the prospect of the sector.
SFC Executive Director steps down
SFC’s Brian Ho will be retiring as Executive Director – Corporate Finance.
StanChart HK, Sintali-SGS partner to boost EDGE green building standard
The EDGE certification provides a path for buildings to achieve carbon neutrality.
Hang Seng Bank profit drops 4% to $8.76b in H1
The bank linked this to macroeconomic conditions that put pressure on its net interest margin.
Total loans rise 4% in June: HKMA
This was partially due to IPOs during the month.
More SMEs find credit approval eased in Q2: Survey
Some 72% of SMEs perceived banks’ credit approval stance as easier.
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