Financial Services
Bank loans overshoot January target
Bank loans overshoot January target
New bank loans in the mainland during January hit US$182.89 billion, which overshot the central bank's cut-off target by at least 20 percent.
Firms switch from GEM to main board
More firms are making the switch from the Growth Enterprise Market to the main board this year than last year. Most of them are small and medium-...
Norton Rose names Ji Liu new Hong Kong corporate finance partner
Ji’s extensive US securities law experience eyed to reinforces the company’s ability to cover US law aspects of securities offerings in the region.
IFC issues 150mn renminbi bond in Hong Kong
The five-year bond aimed to support clean technology project in China.
Sino-Life sets up Hung Hom, Kowloon office
The group continues to advance funeral service practices and open a new chapter for the industry.
HSBC unveils first insurance course for university students
The course gives unique opportunity for executives to share their knowledge, experience and insights on the industry with the next generation of...
HSBC appointed Ronald Tham as Global Banking's Head of Coverage and Family Office in Hong Kong
The series of senior appointments in HSBC's Global Banking team is seen to strenthen their existing Global Banking platform.
StanChart promotes renminbi products and services via roadshow
The move will cover an array of topics including renminbi overview, crossborder trade settlement, renminbi trading and bond offerings, as well as...
Hong Kong launches pilot scheme to boost renminbi growth
Hong Kong to capitalize focus of the global economic growth in Asia in the coming five years.
HK Exchange Fund foreign assets up $13.1bn
Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.
HK's Monetary Authority keen on renminbi settlement scheme
The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.
Renminbi trade in Hong Kong thrives rapidly
Cross-border trade payment from the China to Hong Kong amounted to RMB180bln while payments from Hong Kong to China reached RMB50bln.
Bank of East Asia inaugurates i-Financial Centres
The Centres offer banking transactions via video call and stock trading functions and other services.
Asians more financially literate than Europeans and Americans
The survey reveals the more people are financially literate, the more they experience feelings of happiness while the less literate tend to have...
Hang Seng to achieve international environmental certification at all street-level branches
90 per cent of the bank’s office premises are ISO 1400 showing its commitment to protect the environment.
Hang Seng Bank keen on setting up China wealth management unit
The bank seeks partner for wealth management, insurance and asset management through a joint venture or by buying a stake in another company.
Regulator approves Bank of East Asia's 11% stake buy in small Chinese firm
Acquisition of 11% stake in Golden Eagle Asset Management will provide BEA increased exposure and direct entry to the local Chinese market.
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