Alun John

Alun John

Latest from Alun John

12 Mar 2018 - 11:47PM
12 Mar 2018 - 8:45AM
6 Mar 2018 - 11:23PM
Why Hong Kong’s banks are targeting growth again after years of cost-cutting

Rising interest rates and potential cost savings from technology offer opportunities for increased revenues

Rising interest rates and potential cost savings from technology offer opportunities for increased revenues

5 Mar 2018 - 7:48AM
Investment in Hong Kong fintechs more than doubled last year, well ahead of Singapore and Australia

Accenture analysis also shows value of mainland fintech investment halved, but numbers grew to 146 deals last year, compared with 54 in 2016, to US$2.8b

Accenture analysis also shows value of mainland fintech investment halved, but numbers grew to 146 deals last year, compared with 54 in 2016, to US$2.8b

2 Mar 2018 - 4:18PM
Standard Chartered issues first dividend since 2015 as profit almost triples

The lender’s pre-tax profit for 2017 was US$3 billion, just short of the US$3.06 billion forecast by analysts in a Thomson Reuters poll

The lender’s pre-tax profit for 2017 was US$3 billion, just short of the US$3.06 billion forecast by analysts in a Thomson Reuters poll

28 Feb 2018 - 12:02AM
27 Feb 2018 - 8:17AM
Chinese banks poised for better times thanks to rising interest income, analysts say

Morgan Stanley estimates that yields on new loans will rise by 60 basis points this year and next 

Morgan Stanley estimates that yields on new loans will rise by 60 basis points this year and next 

25 Feb 2018 - 10:47PM
BEA to focus on mainland consumer lending, as 2017 profit up by more than 150 per cent

BEA’s profit upswing was related to ‘improvements in its asset quality and the bank’s net interest margin mildly expanding by 5 basis points, said one equity analyst

BEA’s profit upswing was related to ‘improvements in its asset quality and the bank’s net interest margin mildly expanding by 5 basis points, said one equity analyst

22 Feb 2018 - 11:36PM
20 Feb 2018 - 11:28PM
Hang Seng Bank set to report 16.5 per cent increase in net profit on Tuesday

Hang Seng Bank, Hong Kong’s third-largest bank by assets, is expected to report strong growth in its 2017 profit on Tuesday thanks to improved interest rate income.

Hang Seng Bank, Hong Kong’s third-largest bank by assets, is expected to report strong growth in its 2017 profit on Tuesday thanks to improved interest rate income.

19 Feb 2018 - 9:16AM
19 Feb 2018 - 8:17AM
14 Feb 2018 - 10:06PM
14 Feb 2018 - 10:11PM
13 Feb 2018 - 11:49PM
Why more foreign institutions are buying Chinese stocks

In January institutions’ aggregate net-buy via stock connect was 35 billion yuan, compared to last year’s monthly average of 15 billion yuan

In January institutions’ aggregate net-buy via stock connect was 35 billion yuan, compared to last year’s monthly average of 15 billion yuan

12 Feb 2018 - 8:00AM
Someone hacked China’s central bank mailbox to email a bogus notice about bitcoin crackdown

A bogus invitation has been sent to US media organisations claiming that the Hong Kong Monetary Authority and People’s Bank of China are about to crack down on bitcoin trading in mainland China and Hong Kong.

A bogus invitation has been sent to US media organisations claiming that the Hong Kong Monetary Authority and People’s Bank of China are about to crack down on bitcoin trading in mainland China and Hong Kong.

8 Feb 2018 - 11:25PM
6 Feb 2018 - 11:32PM
1 Feb 2018 - 11:58PM
HNA subsidiary sells Sydney office block for US$165 million

HNA subsidiary highlights sale of ‘mature investments at opportune time’, unloading Sydney office block it acquired in January 2012

HNA subsidiary highlights sale of ‘mature investments at opportune time’, unloading Sydney office block it acquired in January 2012

26 Jan 2018 - 11:31PM
Virtual banks queue for slice of Hong Kong market, as HKMA pushes fintech adoption

Hong Kong Monetary Authority says it will publish revised guidelines for virtual banks ‘very soon’, adding to expectations licenses will be granted this year

Hong Kong Monetary Authority says it will publish revised guidelines for virtual banks ‘very soon’, adding to expectations licenses will be granted this year

26 Jan 2018 - 4:14PM
24 Jan 2018 - 11:47PM
24 Jan 2018 - 4:30PM
A lost report caused China e-Wallet to misstate profit as a loss, landing it in SFC bad books

China e-Wallet Payment mistakenly reported a net loss for the first half of 2015, instead of HK$281.5 million (US$36 million) profit when a crucial document was lost in transit

China e-Wallet Payment mistakenly reported a net loss for the first half of 2015, instead of HK$281.5 million (US$36 million) profit when a crucial document was lost in transit

23 Jan 2018 - 11:08AM
22 Jan 2018 - 10:22PM
19 Jan 2018 - 4:58AM
16 Jan 2018 - 9:27PM
12 Jan 2018 - 9:53PM
26 Jan 2018 - 4:14PM
3 Jan 2018 - 10:56PM