Hong Kong

Moody's tags Wing Hang Bank's stake sales as 'credit negative'

Purchase likely to weaken its standalone liquidity profile.

Moody's tags Wing Hang Bank's stake sales as 'credit negative'

Purchase likely to weaken its standalone liquidity profile.

Why RMB globalization is still a long way off

Efforts to globalize the renminbi (RMB) reached a milestone when the currency joined the league of the most-traded currencies for the first time.

Overcoming Asian fragmentation to improve standardisation and automation

As discussed in a previous post, the fragmented nature of Asia Pacific’s financial services market leads to numerous challenges for banks when trying to create a standardised approach to the processing of corporate actions.

Will Qianhai jeopardize Hong Kong’s position?

In mid-2012, the China’s State Council approved the development of the Qian­hai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

BEA unveils MPF asset consolidation bonus programme

Bonus may be up to 1.2% of total assets transferred.

BOCHK posts the strongest results in 1H13

And DBS HK beat other international banks.

Hong Kong banks' deposits back on a growth trend

System deposits in July rebounded 1.5%.