Hong Kong’s property distress catching up with city’s banks
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
SFC fines Hang Seng Bank HK$66.4m for mis-selling investment products
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Hang Seng Bank fined $8.5 million for investment product sales misconduct
Jan 27 (Reuters) - Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank (0011.HK), opens new tab HK$66.4 million ($8.52 million) for overcharging its clients while selling ...
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Asian stocks dip sharply on Thursday: Hang Seng slips 300 points
while Hong Kong’s Hang Seng Index declined 2.18%. Financial stocks came under pressure, with shares of China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of ...