Financial Services
Hong Kong banks major players in China
Hong Kong banks major players in China
Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.
Syndicated bank loans in freefall
Syndicated bank loans in Hong Kong plunged 41% in Q3 to HK$10.5 billion from the HK$17.7 billion in Q2.
Carlson Tong in line as next SFC Chairman
Carlson Tong Ka-shing is to be appointed the next chairman of the Securities and Futures Commission.
HKEx introduces renminbi ETFs
Hong Kong Exchanges and Clearing Ltd has launched the city's first deliverable renminbi or yuan currency futures contract based on the renminbi and...
Hong Kong to launch e-bill payment in 2013
An electronic-bill payment system will greatly facilitate local and cross-border yuan bill payments made by Hong Kong residents.
HSBC expands prime services unit
HSBC Holdings Plc has bolstered its equities and prime services units with the appointment of nine senior executives to its Asia Pacific operations.
Investment-linked insurance: Combining the best of protection and investment
A retirement plan can seem remote and distant for the young. Yet, effective use of wealth management tools and an early start in saving for our...
Huo Yingli joins HKMA
Huo Yingli has been appointed Monetary Authority Senior Adviser at the Hong Kong Monetary Authority.
HKMA repo financing platform has first transaction
J.P. Morgan completes Hong Kong’s first HK$ tri-party repo transaction.
Hong Kong strengthens financial ties with the Mainland
A new securities company is seen as a milestone in strengthening securities cooperation between Hong Kong and China.
The battle for more work-life balance in banking
Banking and work-life balance (WLB) have traditionally been anathema to each other – after all, this is a sector famous for the 80-hour week. But a...
Extreme investor caution drives down HKEx profit by 14%
Hong Kong Exchanges & Clearing Ltd reported a 14% year-on-year drop in in net income to HK$2.22 billion in the first half.
StanChart misses profit target growth of 10% for H1
Standard Chartered PLC falls a single percent short of its pretax profit target for the first-half of this year.
HSBC profit plunges in H1 2012
The Eurozone’s enduring financial malaise forced an 8.4% drop in the net income of HSBC Holdings Plc.
Hang Seng Bank grows in a slowing economy
A growth in lending income propels profits of Hang Seng Bank Ltd by 14%.
AIA takes out billion dollar loan for ING insurance buy-in
Hong Kong’s top insurance company will finance its planned acquisition of ING Group NV’s insurance operations with bank loans.
Have you ever wondered how the price of gold is manipulated?
If you are wondering how the price of gold is manipulated, this analysis is for you.