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GBA at 5: how Hong Kong has become the investment and insurance hub of Greater Bay Area

February 18 marks five years since Beijing unveiled its blueprint to turn the Greater Bay Area into a hi-tech powerhouse by 2035. The region of more than 86 million people covers Hong Kong, Macau and nine Guangdong cities. In the third of a four-part series, Enoch Yiu looks at Hong Kong's progress in becoming the de facto wealth management hub for the wealthy, and what needs to done to stay on top. In the five years since Beijing rolled out a blueprint for the Greater Bay Area, Hong Kong has sol ....

Guangzhou , Guangdong , China , Singapore , Hong-kong-international-airport , Hong-kong-general , Hong-kong , Qianhai , Macau , Nansha , Beijing , Jilin

Hong Kong's banks report bumper profits in 2023 as record interest rates swell margins

Hong Kong banks’ net interest margin – the gap between the rate charged on loans and the interest paid for deposits – widened last year to the fattest in four years at 1.68 per cent, the HKMA’s data showed. ....

Guangdong , Jilin , China , Hong-kong , United-states , American , Federal-reserve , Hong-kong-high-court , China-evergrande-group , Standard-chartered , East-asia

Interest Rates Are Expected To Continue Supporting Banks' Income In 2024, Says KPMG

Interest Rates Are Expected To Continue Supporting Banks' Income In 2024, Says KPMG
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Beijing , China , Hong-kong , Shenyang , Liaoning , Wuxi , Jiangsu , Changsha , Hunan , Xiamen , Fujian , Nantong

Interest rates are expected to continue supporting banks' income in 2024, says KPMG

HONG KONG SAR - Media OutReach Newswire - 29 January 2024 - The year 2024 is expected to present challenges for banks as they prepare to navigate a range of ....

Changchun , Jilin , China , Ningbo , Zhejiang , Hong-kong , Shenzhen , Guangdong , Qingdao , Shandong , Jinan , Shanghai

Interest rates are expected to continue supporting banks' income in 2024, says KPMG

<h4><i>Banks should prioritize operational efficiency and risk management for seizing opportunity when growth returns</i></h4><p/>HONG KONG SAR - <a href="https://www.media-outreach.com">Media OutReach Newswire</a> - 29 January 2024 - The year 2024 is expected to present challenges for banks as they prepare to navigate a range of macroeconomic hurdles. ....

Chongqing , China , Zhengzhou , Henan , Fuzhou , Fujian , Guangzhou , Guangdong , Hong-kong , Foshan , Shenzhen , Macau