The financial sector of Hong Kong accounts for 6.6 percent of the total jobs in the city, or about 250,000 people. It contributes a sixth of the city’s gross domestic product. However, the operating e ...More
EJ Insight2016-11-04
Next time you tell a cabbie to take you to Citibank Tower in Hong Kong Island, don't be surprised if you are greeted with a perplexed look. It is because the 51-storey commercial building that you had ...More
EJ Insight2016-06-17
The global economy remains plagued by uncertainties, with doubts mounting over the sustainability of the US recovery and emerging markets, particularly China, struggling with various headwinds. The g ...More
EJ Insight2016-03-07
Global bond markets are facing systemic risk amid tight liquidity that could sharply reduce the number of market makers in the event of large-scale redemptions. The risk comes from low levels of risk- ...More
EJ Insight2016-03-07
China's two-year government bonds worth 2 billion yuan (US$308.9 million) are expected to be oversubscribed amid strong demand. BOC Hong Kong (Holdings) Ltd. (02388.HK) said the total subscription amo ...More
EJ Insight2015-12-15
How much does it cost to raise a child in Hong Kong? A recent survey commissioned by Dah Sing Bank found that Hong Kong parents need at least HK$2.8 million to bring up a child, and spend as much as H ...More
EJ Insight2015-12-10
The Hong Kong Monetary Authority (HKMA) has ordered seven banks to stop issuing credit cards with contactless payment function after security loopholes were found in their systems. The banks were also ...More
EJ Insight2015-10-14
HKT Trust & HKT Ltd. (06823.HK), which provides telecommunications and related services, is making a play for the mobile payment market. The company has established a new unit, HKT Payment Ltd., t ...More
EJ Insight2015-07-28
The fifth batch of the government's inflation-linked bonds, better known as iBond5 (04228.HK), is likely to see a weaker price growth than the previous edition because of Hong Kong's tame inflation, e ...More
EJ Insight2015-07-22
Hong Kong banks may need new capital to cope with home-loan risks in the city and rising bad debts in China. Along with a probable US interest rate increase, these factors might put extra pressure on ...More
EJ Insight2015-06-05
Standard Chartered Bank (Hong Kong) Ltd., BOC Hong Kong Holdings Ltd. (02388.HK) and Dah Sing Banking Group Ltd. (02356.HK) are among the lenders redrawing interest rates and rolling out new investmen ...More
EJ Insight2014-11-14
