Financial Services
More challenging environment for HK economy and banks anticipated: Moody's
Due to rising interest rates in 2015.
More challenging environment for HK economy and banks anticipated: Moody's
Due to rising interest rates in 2015.
Hang Seng Bank raises RMB1 billion in Hong Kong RMB bond market debut
The bonds received positive responses from investors.
Asia-Pacific leads global IPO activity by deal volume in first half of 2014
Four of largest IPOs on Asian exchanges.
Renminbi second most-used for cross border payments with China, HK
Its growth in international markets is also seen.
Asia real credit growth feared to tread downhill: Fitch Ratings
Global real lending growth may slow in 2014.
Former investment banker launched HK's first financial comparison site
The startup raised $3m funding in just one year.
Credit card circulation crept up a measly 0.1%
But card transactions edged down.
SEA cross-border outbound M&A volume hit record high
It's a whopping 73% spike.
3-month HIBOR hits 0.4%
It is expected to remain low.
HK startup sets up a site enabling people to donate to charities using bitcoins
That’s at almost zero transaction fee.
Loans hike by 11.5% in 2014 first quarter
But don’t expect strong expansion.
HK composite interest rate reaches 0.41%
It's because of funding costs.
Hong Kong to issue RMB28b in sovereign bonds
First batch out on 21 May.
Hong Kong banks’ deposit growth lags at 1.6%
Loan demand pushes tighter liquidity.
Credit card transaction value ballooned 14.4% to $142.1b
Number of transactions edged up 3.1%.
Wing Hang Bank sale to OCBC boost stock value
EPS of HK$7.17/share is beyond expectations.
Bank of East Asia unveils expansion in Tsuen Wan
Find out what it'll offer.
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