Financial Services
Hong Kong eyes tax incentives for I&T sector
Hong Kong eyes tax incentives for I&T sector
It shall be announced in the October policy address.
Banks to have a 'very good' capital buffer for the next 12-18 months: Moody's
That is in response to the move towards more stringent regulatory requirements.
FTLife launches MediSave Medical Account
This is to keep pace with rising health care costs while growing wealth.
Banks expected to report stable profits in 2017
Fee income will improve in the next 12-18 months.
Broadridge Asia Pacific Ltd wins 2017 Hong Kong Business International Business Award for Financial Technology
The fintech firm’s outstanding project for a Japanese client was recognised.
Banks' problem loan ratio to remain stable over the next 18 months
The banks' asset quality is expected to be resilient.
Banking system credit growth to outpace nominal GDP growth in 2017
Expect a further increase in corporate and household indebtedness.
These factors are weighing on Hong Kong banks' credit profiles
Rising private sector debt is one key risk.
Hong Kong banks' mortgage lending to slow
Rising interest rates are to blame.
Hong Kong now has 14 tax data exchange partners
The newest tax deal that was signed was with New Zealand.
The Exchange Fund's foreign assets hit $3.3t in June
The Monetary Authority said the assets increased by $50b.
Banks' increasing exposure to the property sector a cause for concern
Direct lending by banks to developers increased 23.6% in March.
Hong Kong's M&A deal leaks dropped to 10%
This is the lowest level since 2012.
AI, robotics to drive Hong Kong banks' growth
But risk and regulation will remain a key focus.
Hong Kong banks' loan growth to hit 5.5% in 2017
But credit growth will still slow over the next quarters.
Hong Kong delays implementation of global capital rules until 2020
HKMA cited 'a number of practical implementation questions'.
Why are Chinese bankers flocking to Hong Kong?
Expats are leaving Hong Kong as Western banks axe jobs.