Financial Services
Hong Kong banks' loan growth to hit 5.5% in 2017
But credit growth will still slow over the next quarters.
Hong Kong banks' loan growth to hit 5.5% in 2017
But credit growth will still slow over the next quarters.
Hong Kong delays implementation of global capital rules until 2020
HKMA cited 'a number of practical implementation questions'.
Why are Chinese bankers flocking to Hong Kong?
Expats are leaving Hong Kong as Western banks axe jobs.
FTLife inks three-way deal for business expansion
It is in partner with Cinda Hong Kong and NCB.
Hong Kong inks tax deal with Ireland
Hong Kong now has 12 tax data exchange partners.
Hong Kong banks' capital to be hit by tighter property regulations
But impact is expected to be manageable.
RMB deposits in Hong Kong up 4.1% to RMB528b in April
Overall foreign-currency deposits increased 0.7%.
Banks raise mortgage rates as HKMA implements new measures
The HKMA raised risk-weighted floor to 25% for new residential loans.
Government to implement revised tax policies
They include widening the marginal salary tax bands to $45,000.
Why the latest cooling measures will have marginal impact on the market
Only around 20% of borrowers have pre-existing mortgages.
Hong Kong dollar peg to remain intact despite pressure
Hong Kong's foreign exchange reserves allows the central bank to maintain the peg.
Only 1 in 10 Hong Kongers think they are financially secure
Most people are not preparing for the future as they don't regard themselves as "old".
HKMA probes China Huishan Dairy's $200m loan
Hong Kong banks must provide information on the credit-checking processes regarding the said loan.
Hong Kong dollar falling at the fastest pace in 14 months
Expect further weakness ahead for the currency.
Sun Life Hong Kong appoints Fabien Jeudy as CEO
Three new senior leaders have also been announced.
Hong Kong vs Singapore: Who's winning the race to become Asia's financial hub?
Each city has its own strength.
The Insurance Authority to regulate insurance companies in Hong Kong from June 26
The Office of the Commissioner of Insurance will be dissolved on the same day.