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The Hong Kong Association of Banks (HKAB; Chinese: 香港銀行公會) is an association created based on a series of Bank Ordinances enacted since 1948. In 1981 the association was established and replaced the Exchange Bank Association .
University of Hong Kong (BSocSc) Director of the Office of the Exchange Fund Sir Hamish Macleod Sir Donald Tsang Antony Leung Henry Tang John Tsang: 2 Norman Chan Tak-lam, GBS, JP 陳德霖 (1954–) 1 October 2009 30 September 2019 10 years and 0 days Chinese University of Hong Kong (B.S.) Director of the Office of the Hong Kong Chief ...
The Association was renamed the Hong Kong Stock Exchange in 1914. [citation needed] A second exchange, the Hong Kong Stockbrokers' Association was incorporated in 1921. The two exchanges merged to form the Hong Kong Stock Exchange in 1947 and re-establish the stock market after the Second World War.
In 2024, HSBC, as part of the Hong Kong Association of Banks, began developing a roadmap to phase out cheques in the city and switch to electronic payments. According to Hong Kong Interbank Clearing Limited, cheque transactions in Hong Kong fell to HK$488.6 billion (US$62.5 billion) in December, down 13 percent year-on-year. [119]
The Li family (Chinese: 李) are a banking dynasty in Hong Kong and associated with the Bank of East Asia, although its family members have held positions in various other businesses, as well as the Hong Kong Government, the Hong Kong Judiciary, and the Hong Kong Legislative Council. While the Li family spans many generations and has many ...
Hong Kong stock exchange has approved the first initial public offering (IPO) by a special purpose acquisition company (SPAC) under its new listing regime. The approval for Aquila Acquisition Corp ...
The Clearing House Automated Transfer System, or CHATS, is a real-time gross settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited (HKICL), a limited-liability private company jointly owned by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks ...
DayDayCook, a recipe hub founded by former HSBC banker-turned-online influencer Norma Chu, will merge with a New York-listed special purpose acquisition company (SPAC), becoming the first Hong ...