Financial Services
HK's Monetary Authority keen on renminbi settlement scheme
The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.
HK's Monetary Authority keen on renminbi settlement scheme
The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.
Renminbi trade in Hong Kong thrives rapidly
Cross-border trade payment from the China to Hong Kong amounted to RMB180bln while payments from Hong Kong to China reached RMB50bln.
Bank of East Asia inaugurates i-Financial Centres
The Centres offer banking transactions via video call and stock trading functions and other services.
Asians more financially literate than Europeans and Americans
The survey reveals the more people are financially literate, the more they experience feelings of happiness while the less literate tend to have...
Hang Seng to achieve international environmental certification at all street-level branches
90 per cent of the bank’s office premises are ISO 1400 showing its commitment to protect the environment.
Hang Seng Bank keen on setting up China wealth management unit
The bank seeks partner for wealth management, insurance and asset management through a joint venture or by buying a stake in another company.
Regulator approves Bank of East Asia's 11% stake buy in small Chinese firm
Acquisition of 11% stake in Golden Eagle Asset Management will provide BEA increased exposure and direct entry to the local Chinese market.
Hang Seng Bank changes board composition
The board appoints Mark Seumas McCombe and Sarah Catherine Legg as Non-executive Directors of the Bank.
Bank of China completes H share rights issue
The bank’s total valid acceptances and applications representing 397.4% of the total number of H rights shares available.
HSBC names Mark Mallia Debt Syndicate Head
Mallia to replace Sean Henderson who is assigned as Debt Capital Markets Head in the bank’s effort to expand debt capital markets in Asia Pacific.
HSBC leads delegation to boost China-India business growth
The lender banks on network in both countries to spearhead clients tap the links between two of the world’s largest emerging markets.
HSBC Insurance appoints new chief for HK operations
Effective 25 November 2010, Robert Lang will be joining HSBC’s Executive Committee in Hong Kong.assuming the position of Managing Director for...
HSBC appoints Paul Thurston Chief Executive Retail Banking and Wealth Management
The lender also appointed Brian Robertson Chief Executive, HSBC Bank plc and Marc Moses becomes Group Chief Risk Officer.
OP Financial incurs loss of HK$137.05mln
The investment company still optimistic that the first half of the financial year was a period for sowing seeds aimed at future growth.
Hang Seng China unveils HK$595.8mln Shanghai headquarters
Hang Seng Bank to continue exploring opportunities for growth on the Mainland and provide high-quality financial products and services to Mainland...
HSBC inaugurates new Internet banking security device
The lender’s new security device offers added level of security and protection for online customers.
HSBC unveils Risk Controlled Greater China Fund
HSBC remains committed to providing customers with the most diligent investment solutions amidst market volatility of Hong Kong investors.
Read Here
Advertise
Sign Up
Commentary
Transforming Hong Kong into a climate tech powerhouse