Financial Services
Ongoing challenges hinder growth of foreign fund management firms in China
Ongoing challenges hinder growth of foreign fund management firms in China
Regulatory constraints and limited distribution channels cause market share and assets under managementto remain stagnant.
HKMA grants Sweden's SEB banking licence
Hong Kong now has 150 licenced banks.
OSK Investment Bank launches new resources fund in Hong Kong
The move is part of plan to boost presence in Hong Kong with Islamic funds eyed in follow-through activities.
Approved mortgage loans drop 33.7%
New applications declined 22.6% amidst fall in transaction volume in both June and July.
Macquarie Bank enters Hong Kong
The Australian bank now has a licence from the Monetary Authority.
More than 2m Scheme $6,000 forms out
The public has been urged not to rush to pick up the forms as they are sufficient.
What you need to know about AIA’s new hires
There will be three new appointments to its senior management team.
AIA Hong Kong and Macau unveils new critical illness plans
Executive Care Pro and Multiple Care Pro aimed to bridge the protection gap with the most comprehensive coverage.
American Express and Groupon Hong Kong join forces
Collaboration between companies in Hong Kong enables new ways for consumers to take advantage of rewards points.
The jobs are plenty but few are qualified: 93% of HK employers struggling to fill vacancies in finance
Although 30% of companies intend to increase their full-time staff in 2H11, finding skilled professionals remains a challenge.
Hong Kong becomes the lender for Chinese firms
This is amidst the central government’s attempt to lower the inflation rate.
HSBC to arrange Chinatex’s Hong Kong syndicated loan
The partnership of the two companies to leverage HSBC’s Greater China strength.
Interbank rates will stay low until early 2013, says analyst
HKD interbank rates could rise more slowly than USD rates amidst ample liquidity environment.
Second quarter credit card receivables up 3.9% to $87bn
Yet delinquent amount surged to $176mn at end of June from $162 million at end of March.
Exchange Fund foreign assets reach over $2 trillion
That’s an $8.6 billion increase in June.
Sino-Life turnover up 17.5% to RMB36.2mn
The group’s new marble trading business has made considerable profit contribution.
HKMA and Taiwan FSC to cooperate in baking supervisory
The HKMA and the Taiwan Financial Supervisory Commission cooperate in banking supervisory.
Read Here
Advertise
Sign Up
