Financial Services
Renminbi second most-used for cross border payments with China, HK
Renminbi second most-used for cross border payments with China, HK
Its growth in international markets is also seen.
Asia real credit growth feared to tread downhill: Fitch Ratings
Global real lending growth may slow in 2014.
Former investment banker launched HK's first financial comparison site
The startup raised $3m funding in just one year.
Credit card circulation crept up a measly 0.1%
But card transactions edged down.
SEA cross-border outbound M&A volume hit record high
It's a whopping 73% spike.
3-month HIBOR hits 0.4%
It is expected to remain low.
HK startup sets up a site enabling people to donate to charities using bitcoins
That’s at almost zero transaction fee.
Loans hike by 11.5% in 2014 first quarter
But don’t expect strong expansion.
HK composite interest rate reaches 0.41%
It's because of funding costs.
Hong Kong to issue RMB28b in sovereign bonds
First batch out on 21 May.
Hong Kong banks’ deposit growth lags at 1.6%
Loan demand pushes tighter liquidity.
Credit card transaction value ballooned 14.4% to $142.1b
Number of transactions edged up 3.1%.
Wing Hang Bank sale to OCBC boost stock value
EPS of HK$7.17/share is beyond expectations.
Bank of East Asia unveils expansion in Tsuen Wan
Find out what it'll offer.
Sun Life HK's CEO attacks with new business strategies
Appointed last August 2013, Wim Hekstra is responsible for growing the Sun Life Hong Kong business, which includes both an individual life and an...
Wing Hang Bank waives brokerage fee for new investment accounts
Preferential brokerage rate could be 0.1% eventually.
Hong Kong's 20 hottest startups 2014
Here’s a look at the city’s biggest up-and-comers offering products and services ranging from an online marketplace to small Unmanned Aerial Systems...
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