Hong Kong

Market with 1mln yuan per contract, targets to broaden acceptance of currency by international trade partners.

HK$57,305 minimum subscription can yield interest payments of 2 per cent per annum upon maturity.

Lehman Brothers notes buyers classified as having low to medium risk would get money plus interest.

Over a third of Hong Kong assets invested in stocks and a quarter in RMB.

British bank HSBC is in talks that could lead to five separate management buyouts of its private equity fund management businesses as banks go back to focusing on core operations.

FundMax enables unlimited transactions and switching between funds for a single monthly fee.

Plans doubling its Hong Kong 40 research analysts and expand in South Korea and India.

Hang Seng became the first bank in Hong Kong to set an RMB prime as the base rate for RMB finance.

Standard Chartered Plc. said it is planning to hire 500 more employees this year for its wealth management business in Hong Kong in time for Asia's wealth surge.

Following a newspaper article saying the lender may raise more than 20 billion yuan, or $2.9 billion, in a rights offer, Bank of Communications shares dropped to their lowest in more than three months in Hong Kong trading.

Standard & Poor's assigned its 'BBB+' rating to BOCHK’s proposed US dollar-denominated subordinated notes due 2020.

Penjing Asset Management entered a joint venture agreement with Triple A Partners to raise capital to start hedge funds in Asia.

The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.

The deal beefs up China Construction Bank's customer base and services for small and medium enterprises.

Morgan Stanley's possible $1 billion deal will remove hindrance in expanding its presence in mainland China.

Hong Kong-based investment firm Panoramic has been appointed as the first Introducing Agent on behalf of Carax, Monaco.