AlipayHK announced that starting from March, a 4% handling fee will be charged for credit card transfers except$中銀香港(02388.HK)$, Standard Chartered, and$恒生銀行(00011.HK)$, and there will no longer be a handling fee waiver limit. The handling fee waiver limit and 1.5% handling fee on overage will remain unchanged for credit card transfers from the above three banks. There is a ...
Hong Kong stocks opened lower in the morning as more companies listed in the Hong Kong stock market released their quarterly results. At open,$恒生指數(800000.HK)$slid 68 points or 0.4% to 17,337.$國企指數(800100.HK)$dropped 20 points or 0.4% to 5,939.$恒生科技指數(800700.HK)$fell 25 points or 0.7% to 3,829. $中銀香港(02388.HK)$hiked 0.7% to $20.75 after its operating profit before impairment allowances surged 26% YoY in 1Q23 to 3Q...
HKEX announced that following the successful completion of the End-to-End test session and the practice sessions, the HKD-RMB Dual Counter Model will be launched on 19 June 2023. Exchange Participants (EPs) are requested to note that a Post Release Test (PRT) for EPs will be held on 17 June 2023. As of now, 21 securities will be designated by the Exchange as Dual Counter Securities with effect from the launch of the Du...
Hong Kong banks' NIM is likely to have expanded sharply over the second half of 2022, and has sustained such elevated level so far in 2023,$匯豐控股(00005.HK)$Global Research said in a research report. The local banking sector should be propelled by the recuperating domestic economic confidence and border reopening between Hong Kong and Mainland China, the broker added. Fee income was anticipated to hail upside this year, owing...
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