With 1.43 million mainlanders expected during the 'golden week', the city's lenders prepare a slew of enticements Hong Kong ...
HK police have arrested 21 people allegedly linked to a syndicate who recruited domestic workers to launder over HK$70 ...
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank ...
including current and savings accounts, loans, and foreign exchange. Well-known institutions such as; Bank of China (Hong Kong) Limited; Hongkong and Shanghai Banking Corporation Limited (HSBC); and, ...
It’s also a sobering reminder of how deals in Hong Kong, and by extension China, have become less lucrative. “The reality is quite tough for investment bankers from Wall Street banks as Asian ...
Hong Kong residents are allowed to establish RMB-denominated savings accounts, RMB-denominated corporate ... after the People’s Bank of China changed the way it set the central parity rate ...
This platform harnesses the power of AI and data from Interbank Account Data Sharing ... at Shanghai Commercial Bank said: “As a customer-centric local bank in Hong Kong, Shanghai Commercial ...
A bank spokesperson said the transaction’s financial impact was reflected in its 2023 accounts. Hong Kong’s banks have long taken a conservative approach towards property loans. Fitch Ratings ...
Most Hong Kong lenders have sizable exposures to the city’s real estate industry, but the deepening slump is unlikely to cause systemic issues for the banking sector, which is well capitalized.