China Briefing15d
List of Licensed Banks in Hong Kong
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, ...
Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors
With 1.43 million mainlanders expected during the 'golden week', the city's lenders prepare a slew of enticements Hong Kong ...
Forbes9d
Hong Kong
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 ...
Hong Kong central bank keeps base rate unchanged as Fed holds steady
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...
The Straits Times13d
Hong Kong’s property distress catching up with city’s banks
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 ...
Crowdfund Insider12d
Digital Banking Provider Planto and SCB to Enhance Financial Services for Hong Kong’s SMEs
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 ...