Financial Services
ACE Life launches its CNY-denominated endowment plan
ACE Life launches its CNY-denominated endowment plan
ACE Renminbi Endowment Plan offers competitive guaranteed returns and potential gains from the appreciation of the currency.
RMB15bn sovereign bonds to be issued Aug 17
RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional...
HSBC to cut savings rate
The cut is for yuan deposits without tenure.
Credit China profit up 127.1% to RMB58.5mn
Recorded turnover reached RMB105.6mn, 134.1% higher while profit attributable to owners of the Company amounted to RMB58.5mn.
Tender of 2-Year Exchange Fund Notes to be held on August 16
The Hong Kong Monetary Authority will hold a tender of 2-year Exchange Fund Notes on August 16, 2011 for settlement on August 17, 2011.
Tsang warns investor on market fluctuations
Financial Secretary, Mr John C Tsang, said that the Government would keep a close watch on developments globally, and continue to monitor the local...
Dah Sing Life launches recruitment and training centre
The insurer aims to support long term business growth by broadening talent pool.
HSBC's pre-tax profit up 16% to US$6.8b in H2 2011
And Hong Kong delivered delivered profits of US$3.1 billion, up 7%.
HKMA publishes tentative issuance schedule for government bonds
The Hong Kong Monetary Authority has published a tentative issuance schedule for Government Bonds offered under the Institutional Bond Issuance...
Kingdee takes over Guangzhou Wisetop Computer
The acquisition will provide make Kingdee secure market leading status for integrated informatisation service in medical industry.
Swire Pacific appoints 2 new Executive Directors of John Swire & Sons HK
Geoffrey Leslie Cundle and Tang Kin Wing Augustus will serve in the Group’s holding company.
Yuan deposits in Hong Kong up 0.9%
This is the lowest increase though since 2009.
ING Bank to set up department in Greater China region
It aims to improve cross-border commercial banking services.
Threadneedle appoints June Wong as CEO Hong Kong
Ms. Wong will spearhead the institutional business in the region along with Jon Allen, Head of Institutional, South East Asia.
Less buyers, less loans
The number of new mortgage applications dropped 30.3 percent in June.
China Everbright Bank refutes Goldman Sachs report
The bank said it is not true that its loan-to-deposit ratio had reached 81 percent.
We’ll bear all costs: HSBC
The bank will rectify a design problem with the new HK$100 banknotes.
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