Financial Services
Hong Kong companies flee renminbi
Expect business climate in HK to worsen.
Exchange Fund’s foreign assets fell by $29.7b in July
It now stood at $2.4836t.
China bad debt bank to IPO in Hong Kong
Here's what experts say.
Yue Xiu makes US$1 billion bid for Chong Hing Bank
Is arranging financing for expanded acquisition.
CLS Group opens in HK
Increases the number of Asian currencies it settles.
New stock index futures contract starts Aug 12
Tracks mainland companies listed in Hong Kong and China.
Hong Kong’s FX falls to $299.9 billion
First time it’s below the $300 billion level.
Warning out on bogus website
It resembles Wing Hang Bank's official site.
Hang Seng Bank's loan volume barely hurt by intense deposit competition
1H13 profit hit HK$18.5m.
The checks and balances on Hong Kong’s credit commitments
The Hong Kong Monetary Authority (HKMA) recently highlighted a number of ‘warning signs’ that the territory’s economy was in danger of over-heating...
Hang Seng Bank boosts profit to HK$8.9 billion
Up 12% year-on-year despite challenging operating environment.
Despite questionable ethics, HSBC reports H1 net profit surge of 22%
Shares fall, however, on concerns about China’s growth.
New offshore renminbi bond market issuances plunge 964%
Renminbi internationalization encountering new problems.
DBS Bank Hong Kong extends US$16.3 million loan to Qianhai
Will go to further development of Qianhai logistics project.
Exchange Fund's total assets plunged to $2.8472t
On the back of lower foreign currency assets.
Hong Kong's total deposits dipped 1.1%
HK-dollar deposits also declined.
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