Standard Chartered

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Hong Kong Monetary Authority picks second batch of banks, tech firms to test AI in finance

The Hong Kong Monetary Authority (HKMA) has picked the second batch of use cases for testing of generative artificial intelligence…

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COO of Hong Kong’s Hang Seng Bank pays US$5.14 million for luxury flat in Happy Valley

Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft…

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Hong Kong property deals surge anew in September on rate cut, buoyant stocks

Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were estimated to…

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HSBC, Standard Chartered complete first yuan repo under new scheme

Hong Kong note-issuing banks HSBC and Standard Chartered on Monday completed trades at the launch of the city’s cross-boundary bond…

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Signs of confidence: affluent Hong Kong investors snap up luxury flats as market improves

Affluent Hong Kong investors – from the former CEO of the Hong Kong stock exchange to the chairman of Great…

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Fintech evolution paves the way for global banks to set up in Hong Kong: HKMA

The development of fintech and the strong desire of mainland Chinese companies to go global are conducive to Chinese and…

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Standard Chartered wealth and retail head urges diversification amid correction risks

Standard Chartered has advised more than 2.5 million of its affluent clients to diversify their portfolios and stick to core…

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New Business

Hong Kong’s financial market booms, as stocks rally fuels sales of funds, bonds and others

Sales of non-listed investment products soared to a record last year in Hong Kong, as capital poured into mutual funds,…

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Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong

Bank of East Asia (BEA), Hong Kong’s largest family-owned lender, beat expectations with 14 per cent growth in its first-half…

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New Business

New normal: why Hong Kong’s commercial property deep-freeze is here to stay

In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is…

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