The uptrend in interest rates on renminbi time deposits will continue in Hong Kong following the Chinese currency's recent slide, according to a top executive of a local bank. Margaret Leung Ko May-ye ...More
EJ Insight2015-08-19
China Resources Group is believed to be among the contenders for Nanyang Commercial Bank, which is being offloaded by BOC Hong Kong (Holdings) Ltd. (BOCHK, 02388.HK). The state-backed conglomerate has ...More
EJ Insight2015-07-24
BOC Hong Kong Holdings Ltd. (2388.HK) is reportedly weighing a divestment of subsidiary Nanyang Commercial Bank (NCB) and Chiyu Banking Corp. In its regulatory filing, BOCHK said the bank is conductin ...More
EJ Insight2015-02-03
H3C Technologies, the world's second largest IP-based products and solutions provider, hopes to boost its ties with Tencent Holdings (00700.HK) by supporting the internet giant's planned private bank. ...More
EJ Insight2014-06-26
Mainland and offshore firms have made reasonable offers to buy Hong Kong-based Shanghai Commercial Bank (SCB) but the deals hit technical snags because the lender's parent is based in Taiwan, the bank ...More
EJ Insight2014-04-30
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Feb. 24: TOP STORIES Chong Hing eyes overseas expansion in the lon ...More
EJ Insight2014-02-24
Yue Xiu Group is open for more acquisitions in the banking sector after completing a US$1.5 billion deal for a Hong Kong lender, joining the growing array of Chinese firms that are seeking opportuniti ...More
EJ Insight2014-02-24
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Tuesday, Feb. 18: TOP STORIES Hong Kong Disneyland pledges HK$4.2 billion ...More
EJ Insight2014-02-18
Talk about a shortcut to a custom banking market. All it needs is a hook-up with a family-owned Hong Kong lender and one is halfway through. Better still, buying it completes the foray. That is one bi ...More
EJ Insight2014-01-14
Singapore lender OCBC is in talks to buy Wing Hang Bank Ltd. in a deal that could value the Hong Kong lender at more than US$5 billion, the Wall Street Journal reported Monday, citing a person familia ...More
EJ Insight2014-01-06
When asked if he had any plans to diversify his business strategy, Vanke (000002.CN) chairman Wang Shi {王石} answered a categorical "no". "Wait until I die," he was famously quoted as saying.That was b ...More
EJ Insight2013-11-04
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Oct. 28: TOP STORIES HKMA said to have required certain lenders to ...More
EJ Insight2013-10-28
Singapore's Oversea-Chinese Banking Corp. (OCBC), Southeast Asia's second-largest bank, is said to be considering a bid for Hong Kong's Wing Hang Bank Ltd. (00302.HK), the Hong Kong Economic Journal r ...More
EJ Insight2013-10-25
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Thursday, Oct. 24: TOP STORIES Hong Kong metal group taps Hunan to expand ...More
EJ Insight2013-10-24
Yue Xiu Group is in talks to acquire Chong Hing Bank (01111.HK), with a deal expected this week, the Hong Kong Economic Journal reported Thursday, citing Bloomberg. Yue Xiu is planning to raise US$1 b ...More
EJ Insight2013-10-24
Hong Kong's benchmark index surrendered early gains to close below 23,000 points on Wednesday as investors sold off small-cap mainland stocks amid concern over their high valuations. Information techn ...More
EJ Insight2013-10-23
