Financial Services
FTLife inks three-way deal for business expansion
FTLife inks three-way deal for business expansion
It is in partner with Cinda Hong Kong and NCB.
Hong Kong inks tax deal with Ireland
Hong Kong now has 12 tax data exchange partners.
Hong Kong banks' capital to be hit by tighter property regulations
But impact is expected to be manageable.
RMB deposits in Hong Kong up 4.1% to RMB528b in April
Overall foreign-currency deposits increased 0.7%.
Banks raise mortgage rates as HKMA implements new measures
The HKMA raised risk-weighted floor to 25% for new residential loans.
Government to implement revised tax policies
They include widening the marginal salary tax bands to $45,000.
Why the latest cooling measures will have marginal impact on the market
Only around 20% of borrowers have pre-existing mortgages.
Hong Kong dollar peg to remain intact despite pressure
Hong Kong's foreign exchange reserves allows the central bank to maintain the peg.
Only 1 in 10 Hong Kongers think they are financially secure
Most people are not preparing for the future as they don't regard themselves as "old".
HKMA probes China Huishan Dairy's $200m loan
Hong Kong banks must provide information on the credit-checking processes regarding the said loan.
Hong Kong dollar falling at the fastest pace in 14 months
Expect further weakness ahead for the currency.
Sun Life Hong Kong appoints Fabien Jeudy as CEO
Three new senior leaders have also been announced.
Hong Kong vs Singapore: Who's winning the race to become Asia's financial hub?
Each city has its own strength.
The Insurance Authority to regulate insurance companies in Hong Kong from June 26
The Office of the Commissioner of Insurance will be dissolved on the same day.
Financial Services Development Council proposes diversifying listed structured products in Hong Kong
It also suggests reviewing the Stock Exchange's naming conventions.
How Health Manager enables FTLife customers to keep themselves fit and healthy
There will be free medical consultancy for customers every Wednesday.
Hong Kong attracted US$400m of venture capital investment from fintech firms
This was just in 2014 to 2016.
Read Here
Advertise
Sign Up
