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  1. Dah Sing unveils offers ahead of giveaways

    Posted Aug 19th 2011, 12:00am

    ... and lucky draws. As all banks get ready to register eligible recipients under the scheme, Dah Sing Bank is rolling out special promotions, including a HK$100 cash bonus for people who open a deposit ... the scheme by delaying their registration until April 1 next year. In addition, Dah Sing is holding a lucky draw for registrants who open new accounts, offering one cash prize of HK$60,000 and nine ...

  2. Dah Sing's HK$2.2b rights issues fuel talk of further expansion

    Posted Nov 19th 2010, 12:00am by Lulu Chen

    ... Lulu Chen A proposal by Dah Sing Financial and separately listed Dah Sing Banking to raise a combined HK$2.2 billion in two rights issues has puzzled analysts, who say the bank's capital adequacy ratio is well above industry levels. 'They're either being too conservative or they see potential to expand,' said Joseph Leung of JP Morgan Chase. Dah Sing Bank ...

  3. Dah Sing posts HK$1b write-down

    Posted Mar 26th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang and Natalie Chiu Dah Sing Banking Group became the latest small to medium-sized local bank to feel the impact of the United States subprime mortgage crisis, posting a HK$1.04 ... Bank and Chong Hing Bank took subprime mortgage-related provisions totalling HK$963.63 million. Dah Sing's provision dragged down its net profit to HK$800.17 million last year from HK$1.2 ...

  4. Dah Sing, Carlyle buy into China bank

    Posted Dec 22nd 2006, 12:00am by Staff Reporter

    ... Maria Chan, Tim LeeMaster and Amy Gu One billion yuan deal secures 24.99pc stake in Chongqing Commercial Bank Dah Sing Banking Group, the banking arm of Dah Sing Financial Holdings, has ... the agreement, Dah Sing will take a 17 per cent stake for 694 million yuan, while Carlyle, the world's largest private equity fund, will buy a 7.99 per cent interest from Yufu Asset Management, ...

  5. Dah Sing still on buying spree

    Posted Aug 18th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong Financial services group says it wants to keep on expanding, through organic growth and acquisitions, to better compete The acquisition spree by Dah Sing Banking Group was far from over, senior executives said yesterday. Dah Sing, which bought consumer lending specialist Pacific Finance for $936 million in June and Banco Comercial de Macau (BCM) for $1.67 billion ...

  6. Treasury operations boost Dah Sing profit

    Posted Aug 06th 2003, 12:00am by Raymond Ma

    ... Sales of debt securities from treasury operations saved Dah Sing Financial Holdings from reporting a decline in profit yesterday, as the credit-card specialist continues to be hit ... instruments and their prices do vary. We do not have a crystal ball,' Dah Sing Financial general manager Nicholas Mayhew said, adding that the bank's treasury activities in the next half ...

  7. Dah Sing earnings drop 12.5pc

    Posted Mar 28th 2006, 12:00am by Staff Reporter

    ... Maria Chan Sharp fall in interest income blamed for poor results as parent's profit tumbles 49.8pc on lack of exceptional gain Dah Sing Banking Group yesterday reported a 12.5 per cent fall in last year's earnings to $978.8 million due to a sharp drop in interest income. Parent Dah Sing Financial Holdings reported an even sharper 49.8 per cent fall in net profit ...

  8. Dah Sing Bank plans US$300m bond

    Posted Nov 18th 2004, 12:00am by Staff Reporter

    ... Nichole Chan Dah Sing Bank will issue a US$300 million five-year, dual-tranche bond, in the first instalment of a US$1 billion euro medium-term note (MTN) programme set up in June 2002. ... in the middle of the year,' Mr Yuen said. Dah Sing Bank's US$300 million note will be divided into a fixed-rate tranche with a minimum size of US$100 million and a floating-rate tranche, also ...

  9. First shots point to fierce tax loan battle

    Posted Oct 05th 2005, 12:00am by Staff Reporter

    ... changes boosting the pool of potential borrowers, bankers say. So far, only two lenders have announced their offers- Bank of America (Asia) last week and Dah Sing Bank yesterday- with Wing Hang ... Dah Sing- offered on loans of $400,000 or above- is only 67 basis points above the latest one-year Hong Kong interbank offered rate (Hibor). Hilda Ng Kwok-yan, assistant general manager at key ...

  10. Lenders reduce brokerage fees

    Posted Jan 03rd 2007, 12:00am by Staff Reporter

    ... cent, or a minimum of HK$100 per transaction. Dah Sing Bank said customers who opened a securities account with the bank in the first quarter could enjoy brokerage fees of 0.1 per cent while ...




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