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Top News In Hong Kong Linked Today - Breaking & Trending Today

Banks to resume compensation talks for ELS losses

Major local banks are expediting compensation procedures for losses tied to Hong Kong-linked derivative products, with some poised to distribute payments this week. KB Kookmin Bank, the largest seller of equity-linked securities tracking the troubled Hang Seng China Enterprises Index, will officially begin negotiations for voluntary compensation with clients starting Monday, an official from the bank said Sunday. The. ....

Hang Seng China Enterprises Index , Woori Bank , Nonghyup Bank , Kb Kookmin Bank , Hana Bank , Financial Supervisory Service , Shinhan Bank , Hong Kong Linked , Hyup Bank ,

Shinhan Financial takes back leading status in Q1 earnings

Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved interest margins. ....

Hong Kong , Woori Financial Group Courtesy , Kb Financial Group , Hana Financial Group , Woori Financial Group , Shinhan Financial Group , Financial Group , Hong Kong Linked , Woori Financial , Quarterly Net Profit , South Korea , He Korea Times , Orea Times , Orean News In English ,

Banks could face lawsuits over sales of risky derivatives products

Five major commercial banks in Korea — KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup — are increasingly at risk of facing lawsuits from customers experiencing escalating losses. These losses stem from the purchase of equity-linked securities (ELS) products linked to Hong Kong s declining benchmark index. ....

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Hong Kong linked ELF, ELT loss feared to snowball

Fears are mounting over the falling revenues of equity-linked funds (ELF) and equity-linked trusts (ELT) tracking Hong Kong s H-Shares Index after some of them - sold by Korean banks - incurred losses of around 4.03 billion won ($3.16 million). ....

Hong Kong , Soult Ukpyolsi , South Korea , Kb Kookmin Bank , Hong Kong Linked , H Shares Index , Korea Securities Depository , South Korea , He Korea Times , Orea Times , Orean News In English ,

Hong Kong linked ELF, ELT loss feared to snowball

Fears are mounting over the falling revenues of equity-linked funds (ELF) and equity-linked trusts (ELT) tracking Hong Kong s H-Shares Index after some of them - sold by Korean banks - incurred losses of around 4.03 billion won ($3.16 million). ....

Hong Kong , South Korea , Soult Ukpyolsi , Kb Kookmin Bank , Hong Kong Linked , H Shares Index , Korea Securities Depository ,