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01.05.26 - 07:30
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Gold, cruises and Dior: how Hong Kong lenders are enticing wealthy mainland China visitors (SCMP)
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Gold bars, cruises, Dior beauty services and Rosewood Hong Kong vouchers are just some of the incentives Hong Kong's major lenders are offering in hopes of capturing wealthy clients, as visitors from mainland China descend on the city during the golden week holiday starting on Friday.
HSBC, Standard Chartered and Bank of China (Hong Kong) – the city's three biggest banks – Citigroup, DBS Hong Kong, ICBC Asia, Bank of East Asia and Hang Seng Bank have all extended the hours of certain branches on......
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17.04.26 - 06:00
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OCBC Reportedly Leads in Bid for HSBC Indonesia Retail Assets (AAStocks)
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Bloomberg, citing sources, reported that Oversea-Chinese Banking Corporation (OCBC) has submitted a higher bid than other competitors in the auction for HSBC (00005.HK)'s Indonesia retail assets, making it the most likely buyer.It is understood that OCBC's offer could value HSBC's Indonesia retail business at more than 6 trillio......
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15.04.26 - 08:54
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DBS Hong Kong acquires six floors at The Center in US$334 million deal (SCMP)
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DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center – once the world's most expensive skyscraper – marking the city's largest office transaction so far this year.
The lender acquired the 26th, 32nd, 36th, 37th, 56th and 76th floors late last month, with the deal registered on Tuesday, according to Land Registry records. The purchase adds 151,934 sq ft of gross floor area, DBS said in a statement on Wednesday.
The price works out to roughly......
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