Financial Services
Hong Kong insurance remains robust in 2012
Hong Kong insurance remains robust in 2012
Life insurance premiums grew 6.6% while non-life almost doubled.
China Taiping Insurance Holdings clarifies media reports
Articles related to its parent company, China Taiping Insurance Group.
HKMA completed 123 cases in December
Over a thousand are ongoing.
China Taiping Insurance shares trading halted
The company will be issuing a clarification announcement.
Hang Seng Bank reveals diluted 10.9% stake in China Industrial Bank
No longer an associate company.
PwC doubts Hong Kong government's HK$3.5 billion deficit
PWC estimates a rather very huge budget surplus.
Far East Horizon puts up electronic information segment
Target market is the information industry in the PRC.
Foreign currency reserves balloon to US$1.2b
This is over 8x the currency in circulation.
Huge potential for Islamic banking in Hong Kong
Report says Hong Kong has the advantages to become a major Islamic financial hub.
DBS appoints Sebastian Paredes as CEO in HK
He replaces Peter Chan.
Infographic: 3-stage process in the global rise of China currency
RMB bank deposits in HK already more than six times the level in mid-2010.
Licensed banks in HK now 155
Latest addition is China Everbright Bank.
HKMA warns of fraudulent website
No, www.winghggroup.com is not the official website of Wing Hang Bank.
4 reasons why Bank of China HK is top man in cross-border RMB business
It finished RMB417b cross-border settlements.
Almost 9 in 10 Hong Kongers admit to having more than 1 bank
They just aren't satisfied.
UBS slammed over alleged misconducts
HKMA probe to investigate.
Bankers protest tough IPO rules
Warn that proposed rules could choke-off investment into Hong Kong.