Mainland banks are expected to unveil much slower profit growth when they begin reporting their first-half results in Hong Kong this week, but with earnings still growing at a double-digit pace,...
- Mon
- Mar 4, 2013
- Updated: 2:24am
Trending topics
Last night the People's Bank of China cut interest rates for the second time in just four weeks.
Mainland banks last year posted their highest profits in at least four years, despite a slight rise in bad loans for some in the fourth quarter amid a slowing economy.
The next government should review and simplify the New Home Ownership Scheme, making it less complicated for homeowners to plan resales of their homes, a Housing Authority committee was told...
Future buyers under the resurrected Home Ownership Scheme may be charged interest on the subsidies they receive from the government.
Some 58 listed mainland companies lent more than 16 billion yuan (HK$19.55 billion) in the first eight months of this year in so-called entrusted loans to cash-starved, mostly small and medium-...
At a time when global markets are facing new uncertainties every few days, it is important we look at the facts carefully. One of the biggest news is Standard & Poor's downgrade of the...
It is easy to get a credit card in Hong Kong. Banks make a lot of money from this business and, to attract new customers, they offer promotions such as cash coupons and free subscriptions on pay-...
Beijing's latest interest rate increase this week will help depositors more than lenders, say analysts.
Newly-introduced government inflation-linked bonds will give Hong Kong savers a safe option to invest their money but are unlikely to do much to help the public cope with rising living costs and...
Our editors will be looking ahead today to these developing stories ...
Legco digs deeper into Godfrey allegations
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