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  • July 30, 2014
  • Last updated: 5:28am
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  1. News - Hong Kong - DEMOCRATIC REFORM

    Banks hold emergency drill ahead of Occupy Central

    Posted Jun 15th 2014, 05:28am by Phila Siu, JEFFIE LAM

    ... Phila Siu and Jeffie Lam Monetary Authority tests back-up plan for 'adverse' situations, as hundreds of activists march to rally support for 'civil referendum' on electoral reform Banks in emergency drill ahead of Occupy Central The Hong Kong Monetary Authority yesterday conducted an emergency drill with 55 banks ahead of the Occupy Central movement's ...

  2. Monetary Authority warns about website

    Posted Mar 07th 2009, 12:00am by Staff Reporter

    ... Staff Reporter The Monetary Authority issued an alert for a fraudulent website, www.telexboc.com, purporting to belong to Bank of China (Hong Kong). People who have given data can phone the bank at 2332 3328 or the commercial crime bureau at 2860 5012. ...

  3. Business - Banking & Finance - BANKING

    Hong Kong and mainland creditors seek Lehman Brothers payout

    Posted Jul 18th 2014, 02:57am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Lehman liquidator works on HK payouts Some prominent institutions and companies in Hong Kong, the mainland and Singapore who are creditors of Lehman ... the motion on July 30. Several Hong Kong companies will be paid from the fund, including almost US$14,840 to Tullett Prebon (Hong Kong) and more than US$32,500 to Stark Investments Hong Kong ...

  4. Monetary Authority launches probe into 22 complaints

    Posted Oct 07th 2008, 12:00am by Joyce Man

    ... Joyce Man The Hong Kong Monetary Authority has opened investigations into 22 complaints about Lehman-related investment products. The complaints under investigation involved eight banks, ... and the Democratic Alliance for the Betterment and Progress of Hong Kong, and investors have sought an immediate response from the authority, Mr Li insisted it was unrealistic to expect to open ...

  5. News - Hong Kong - BOOK FAIR

    Lesbianism, Hello Kitty and China's untold history: Hong Kong Book Fair authors to spill the beans

    Posted Jun 24th 2014, 04:25am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com Book fair talks span history and Hello Kitty A Hong Kong-based Dutch historian who wrote an award-winning account of China under Mao Zedong, ... the guest speakers at this year's book fair. In its 25th year, the Hong Kong Book Fair will include a record 570 exhibitors from 30 regions- with Saudi Arabia, Colombia, Israel and Kazakhstan ...

  6. Business - Banking & Finance - BANKING

    Hong Kong banks battle for deposits earlier this year

    Posted Mar 14th 2014, 10:12am by KANIS LI

    ... the funding base for their loan business. The Hong Kong Monetary Authority brought forward its deadline for banks to review their lending policies from June to the end of this month after growth ... comes early for HK A regulatory directive that banks in Hong Kong fund the loans they make with deposits of longer tenure has spurred the lenders to begin their annual battle for deposits ...

  7. Plenty of notes to cover fakes: monetary authority

    Posted Mar 21st 2007, 12:00am by Agnes Lam, Audrey Parwani, Norma Connolly

    ... Kong Monetary Authority yesterday assured the public there were sufficient stocks of new HK$1,000 notes to meet the demand of customers who wish to replace their older banknotes. Police had ... that counterfeit HK$1,000 notes concerned only the 2000 and 2002 HSBC series. The authority said it had liaised with the Hong Kong Association of Banks, which had 'given clear and specific advice ...

  8. Business - Banking & Finance - CURRENCIES

    Hong Kong yuan deposits hit 15-month low

    Posted Sep 29th 2012, 12:00am by Bloomberg

    ... Bloomberg HK yuan deposits hit 15-month low Yuan deposits fell last month in Hong Kong to the lowest level since May last year as weakened expectations for the currency's appreciation offset rules allowing non-residents to buy the currency. Yuan deposits fell 1.9 per cent from July to 552 billion yuan (HK$675.3 billion), the Hong Kong Monetary Authority said yesterday. ...

  9. Business - Comment - JAKE'S VIEW

    China risk is the real worry for Hong Kong banks

    Posted Jul 17th 2014, 01:09am by Jake Van Der Kamp

    ... is the real worry for HK lenders [Hong Kong Monetary Authority chief executive Norman Chan, in an article posted yesterday on the website of the city's de facto central bank, wrote that... ... Front page, July 15 Let's get one thing straight about Hong Kong mortgages right away. They are among the soundest asset any bank anywhere has ever had and they have always been so. ...

  10. Business - Banking & Finance - BANKING

    Liquidity concerns to slow loan growth in Hong Kong

    Posted Mar 07th 2014, 02:20pm by KANIS LI

    ... prudent in the lending business," he said. "I expect loans [in Hong Kong] to grow 10 per cent this year." Outstanding loans rose 16 per cent last year, Hong Kong Monetary Authority ... Kanis Li kanis.li@scmp.com Liquidity concerns to slow loan growth in HK Bank lending will increase in Hong Kong more slowly this year amid concerns about shrinking liquidity arising from ...




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