Hong Kong

Profit after tax increased by $22.52m

The fake website has been reported to the regulator and the Hong Kong police.

The bank also adjusted its HKD savings deposit rate to 0.125% pa.

It is also raising its HK dollar prime rate to 5.375% pa.

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.

From the MTR’s launch of a ‘Web3’ (an internet service using decentralised blockchains) metaverse partnership with The Sandbox platform to K11 MUSEA’s METAVISION NFT showcase on HSBC’s Main Building façade back in June 2022, signs of metaverse are proliferating in our lives, and proliferating fast.

COLI will enjoy savings in borrowing costs should it meet performance targets.

The bank is making a statement about the future not through a new product, but with its uniforms.

She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.

Interim dividend is HK$0.447 per share.

It will reopen on 31 August.

Both were sold to AIA Group.

The loan has a one year tenor.

Property woes in Hong Kong and Mainland China doubled the bank’s credit impairment losses.

It will resume operations on 24 August.

Branches will reopen tomorrow, 23 August.