Internet connection. HK$11. 00%, with repayment period of 6 to 60 months. , BYD Co. Please read the terms and conditions of the linked website, which may differ. View stock market news, stock market data and trading information. 50% p. 15, Japanese shares climbing for the third session. Enroll Now. HANG SENG INDEX L'indice HANG SENG Cinese da segni di risveglio. What do I need to use your Hang Seng e-Banking service? Why I find some pages in Hang Seng e-Banking service not display or function properly? Can I access Hang Seng Personal e-Banking service with browsers on mobile devices (e. Hang Seng and Industrial Bank jointly establish a credit card centre on the Mainland. <Podcasts>. We encourage entrepreneurial mindsets and empower staff to work together with customers to develop solutions. The HSBC Hang Seng TECH UCITS ETF HKD is the only ETF that tracks the Hang Seng TECH index. 03% in thin trading, with Japan and the United States on holiday. Our one-stop wealth management initiatives are designed for both our affluent and mass integrated account customers. Want to know more about. Payment Advising Service. † Trailing 12 months. 7 3 116 5. The HK50 index was founded in November. If you are currently speaking to one of our officers, please enter your session ID below, and start a Live Share session. 37, or 0. These 50 companies represent about 58 per cent of the total capitalisation of the Hong Kong Exchange. Faster Payment System (FPS) FPS has been extended to online merchant payments. You can find more information by going to one. Property inspection: Inspect the house. There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 170, 50 and 20 companies respectively, and the CSI 300 Index, which includes shares traded at the Shanghai Stock. Get the latest CSOP Hang Seng TECH Index ETF HKD (3033) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment. The Hang Seng Index is weighted by “freefloat adjustment” for investability, and it’s capped at 10% to avoid a single stock dominating the index’s daily movements. Hang Seng is a member of the Deposit Protection Scheme (DPS) in Hong Kong. PFS Logon. Any break above could open way toward the 200-week moving average (now at about 24875). • Linking FPS ID, go to Option B. The Hang Seng Index drops to near an 11-month low as Chinese sportswear maker Li Ning tumbles 21 per cent after same-store sales fell in the third quarter. ' generated by Business e-Banking or the reference number input by the user or the debit amount of the transaction. Support Rating. The Hang Seng China Enterprises Index rose 2. 0% at 17,910. If you have registered for e-Banking, you can logon to e-Banking, choose "Pay Bills" under "Bill Payments" and follow. 22. Williams Cos. The data reached an all-time high. 17,690. Payment. 5. a. Hong Kong’s Hang Seng index futures were lower at 17,702 compared with the HSI’s close of 17,733. 9 points reached on Jan. Disclaimer: Unless otherwise specified, all information as of the month end. 2 Select an account to link the identifier to. 96% at 17559. 5% below its 52-week closing high of 22,688. Interest Calculator. This rating has been stable over the past 12 months. FIND OUT MORE. 32. Lab Concept Queensway Plaza. QBE Hong Kong is part of the QBE Insurance Group, one of the world's top 20 general insurance and reinsurance companies. Hang Seng Property e-Valuation provides instant homeprice property valuation service for major Hong Kong real estates. ** Hong Kong's Hang Seng Index lost 2%, and the Hang Seng. 2 The HSCI Series comprises the Hang Seng Composite Index (“HSCI”) and two sub-index series - Hang Seng Composite Size Indexes and Hang Seng Composite Industry Indexes. The real exchange rate - the same one you find on Google. $68. For tablets / mobile handsets. Last Update: 2023/11/14 16:08. 42 per unit for the year ended 31 December 2023. The Hang Seng Index is now approaching another barrier at the April and July 2022 highs of 22450-22500. Apart from this, it has been accredited with the Outstanding Cross-border Banking Service Award by Hong. 26 to 12. For a transaction confirmed by a user, check from the Transaction History screen, i. H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central or regional Chinese government. 26 Oct 2023 - 4:35PM10 hours ago · China stocks closed lower on Friday as investors maintained a cautious stance over the country's sluggish economic recovery, with strong foreign outflows. tumbled $2. Please note that your transaction/instruction request is pending to be processed. 68% at 3040. Il Hang Seng Index (abbreviato come HSI e cinese in 恒生指數) è un indice azionario della borsa di Hong Kong. Enjoy a new banking experience. The Hang Seng TECH index tracks the 30 largest tech stocks listed on the Hongkong stock exchange. 28%. S&P 500 Index. 2 days ago. 49 per share and currently has a dividend yield of 4. Hang Seng Bank (11 - HK) - Reversal bullish cycle Hang Seng Bank (11 - HK) has completed impulse sequence of C wave in ABC sequence, which started from last major top in daily. shed 80 cents, or 4. Receive import and export advice notifications via e-mail at no charge. Nato il 24 Novembre 1969, l’Indice HSI, sotto la guida del Presidente Ho Sin Hang, è. Hang Seng (Mainland and HK) Corporate Sustainability Index (“HSMHSUS”) Constituent Selection 3. 20-Jul-2011. Hong Kong PE Ratio: Hang Seng Index: All Stocks data is updated monthly, averaging 13. We will send SMS / email to your mobile phone number / email address in our record for certain card and banking transactions. S. 3. Hong Kong stocks rose, with the Hang Seng Index. OK You are leaving this Hang Seng Bank website This link may allow you to access another HSBC Group website. The Hang Seng had a great 2017 but trades at a much lower P/E than other global markets. Click "Reset Security Device PIN" link. To assist employers with reporting MPF contribution details more effectively every month, Hang Seng MPF offers various electronic methods for you to handle the MPF contributions for your employees. Register now to manage your finances and enjoy various bank offers at your fingertips. You can also visit the "Introducing a new way to log on" webpage to find out more in advance. 99%. If you are currently speaking to one of our officers, please enter your session ID below, and start a Live Share session. Giá đ. The HSI is considered the main indicator of overall market performance in Hong. <Index Flash>. Las opciones Hang Seng son contratos que te otorgan el derecho, pero no la obligación, de comprar o vender el índice a un precio fijo en una fecha determinada. Opening or upgrading a bank account online is that easy. This effect may be more. Learn more about how to manage / switch device. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. S. Subscribe CDs with no new funds needed, tenors from 5 months. L’indice Hang Seng Tech ambisce a cogliere il potenziale delle 30 più grandi società tech quotate alla Borsa di Hong Kong nei settori dell’information technology, industriale, healthcare, finanziario e dei beni di consumo. 1 The Customer wishes to use the Hang Seng Business e-Banking Services provided by the Bank and the Bank is willing to make the Hang Seng Business e- Banking Services available to the Customer. 2. Tsuen Wan West Station. The HSCEI ETF invests primarily in the constituent stocks of the Index. On June 22, 2017 the CSI 300 Index reached a 17-month high of 3,590. The index is compiled and maintained by Hang Seng Indexes Company, which is a wholly-owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong. BONDS: Cheaper Again, But Off Worst Levels. iShares Core Hang Seng ETF 3115. Apply Now. The Hang Sen40 Index (HSI) is market value-weighted index, compiled of a selection of the largest companies in Hong Kong. No need to set default account and the one-time password will not be. Hang Seng is a member of the Deposit Protection Scheme (DPS) in Hong Kong. Keep track of multiple credit card accounts in one place. The maximum extra rewards under this offer is $350 +FUN Dollars (Hang Seng Credit Card) / 35,000 yuu Points (enJoy Card) for each month per eligible Credit Card account and is $700 +FUN. Wong Chuk Hang Station. Service Demos Online Registration for. Log on to Hang Seng Personal e-Banking. Questo indice è ampiamente utilizzato per comprendere lo stato economico della Cina e sebbene sia una società pubblica, è. iPad, iPhone or Android devices)? I am using the recommended browser but still have. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. 4 2 Alibaba 66 4. 972 and the HANG SENG ended 351. while Hong Kong’s Hang Seng index rose 0. 13 (12/31/2022). 香港恒生大學全貌 大學內的N座教學行政大樓及D座利國偉教學大樓（右）. The Standard & Poor’s 500 index. To check your transaction status, please proceed to Transaction History or Activity. Manage your money with ease. 7% for the year; the Hang Seng China Enterprises Index rose 1. Eligible deposits taken by Hang Seng are protected by the DPS up to a limit of HKD500,000 per. 0. Beware of Fraudsters! Smart Tips Against Phishing SMS and Emails. Pay with your Hang Seng Commercial Card using Apple Pay, Google Pay & Samsung Pay. It makes up 67% of capitalization in the Hong Kong Stock Exchange. Trade DocTrack Service. Hang Seng Bank offers a wide array of financial services including online banking, savings, investment, credit cards, loans, mortgages, insurance, and MPF. Supports up to 6 deliveries via e-mail, SMS and Fax to facilitate your recipient for. Dr. 140 Unit from Jan 1985 to Oct 2018, with 406 observations. 1. The Hang Seng Mainland Properties Index, which tracks Chinese property developers, rose 4. menu. Consol Energy slid 81 cents, or 12. 1 percent, to $5. Request was unsuccessful because of an unexpected condition encountered by the server. USD time deposit rate by joining Prestige Private. For corporate information, including details of HSBC's presence and history in Hong. Secure use of Internet Banking. No matter when or where, you can log on to Hang Seng Personal e-Banking via your smartphone or computer to enjoy one-stop online banking services. Hang Seng Bank offers a wide array of financial services including online banking, savings, investment, credit cards, loans, mortgages, insurance, and MPF. This records an increase from the previous number of 5. ** The blue-chip CSI 300 Index and the Shanghai Composite Index were both down 0. HK) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investmentsThe Annualised Percentage Rate ranges from 2. trading lower 17,675. Try it now! • Complete identity verification using "iAM Smart" to save time. To check your transaction status, please proceed to Transaction History or Activity. 6 out of 5, based on over 1,280 reviews left anonymously by employees. Please note that your transaction/instruction request is pending to be processed. Receive import and export advice notifications via e-mail at no charge. 1. The CSI 300 ( Chinese: 沪深300) is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. Wonton/Dumpling. Hang Seng Customers to Enjoy New e-Cheque Service Hang Seng Bank today launched an electronic cheque (e-Cheque) service to provide all Hang Seng Personal and Business e-Banking customers with a new online payment channel that is secure, efficient and environmentally friendly. The Hang Seng Index . Shares in the Asia-Pacific traded higher on Wednesday after U. 輸入你的用戶名稱. 20. Frequently asked questions. If you want to trade the Hang Seng index futures profitably, you must have a solid trading strategy. You can view credit card CVV and expiry date for more convenient online payment. If you wish to continue, please click 'OK'. Security Information Centre. Hang Seng Bank (OTCMKTS:HSNGY) pays an annual dividend of $0. View and download daily, weekly or monthly data to help with your investment decisions. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. Any policies issued by QBE expiring on or after 9 July 2023 will not be renewed. The Hang Seng’s PE hit a low of 6. P/E data based on as-reported earnings; estimate data. Enter your username. Verify that the verification code is the same as that shown on the desktop. The Korea Composite Stock Price Index or KOSPI was launched in 1983 with the base value of 100 as of January 4, 1980. Pay the premiums with a Hang Seng Credit Card to earn Rebate or Points (7) Upon successful online application of designated plan (s) to enjoy rewards up to 70,000 Olive points (equals to HK$350 ) (36)! Get a free quote and apply online now. A Complete Hang Seng Index overview by Barron's. Hong Kong Index: Hang Seng Composite: HK LargeCap data was reported at 2,196. Historically, PE Ratio (TTM) for the Hang Seng Index reached a record high of 24. A Career with Hang Seng Bank Hang Seng is committed to service excellence. $264. Hang Seng Mortgage Centre. 1 Select the type of Addressing Identifier. A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. A Complete Hang Seng Index overview by Barron's. Hang Seng HSBCnet offers on-screen one time payment instructions, payment templates, as well as file upload to meet your business needs. Apply Now. Thông tin hữu ích về chỉ số Hang Seng (Giá Hang Sen 40 CFDs), truy cập ngay dữ liệu lịch sử, biểu đồ, phân tích kỹ thuật và nhiều mục khác. The current trailing price-earnings ratio of the Hang Seng is 8. 06. Online - Hang Seng e-BankingYou can access Hang Seng Personal e-Banking not only through your desktop but also through popular tablets and mobile handsets. iShares Core Hang Seng ETF. -8,32%. Change-58. 00 $3. Want to know more about. to 6 p. The Hang Seng Index will broaden its coverage to 64 firms starting December 6, although it is still unlikely to meet its goal of reaching 80 constituent stocks by mid-2022. Apply Now. Complete the home buying process and move into your new home. The SSE Composite Index also known as SSE Index is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange. If you are currently speaking to one of our officers, please enter your session ID below, and start a Live Share session. 80 (0% handling fee). A medida que el índice Hang Seng esté disponible para operar con nosotros a través de opciones, lo harás a través del trading de CFDs. You can get a real-time support from us by sharing your screen securely. a. 5 billion at 31 December 2005). 4,60 K. Enter 2 characters before @: P1→ P 1 enter 71 7 1. 2 HANG SENG BANK OUR PERFORMANCE CORPORATE PROFILE Founded in 1933, Hang Seng Bank is Hong Kong’s largest locally incorporated bank in terms of market capitalisation (HK$193. Launched on 24 November 1969, the Hang Seng Index (HSI) measures the performance of the Hong Kong Stock Market’s 50 largest companies. cửa hôm trước 17,729. Hang Seng Bank offers a wide array of financial services including online banking, savings, investment, credit cards, loans, mortgages, insurance, and MPF. 9 percent while Hong Kong's Hang Seng. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. 42. Please read the terms and conditions of the linked website, which may differ. The Nikkei 225 in Japan. . APR Hang Seng’s Fuzhou branch relocates to larger premises to capitalise on growing business opportunities in Fujian Province. Biên độ 52 tuần. 45 percent to close at 4,077. 68. Hong Kong bank codes are 3 digit numbers used as unique identifiers for each Hong Kong bank. Log on to Hang Seng Personal e-Banking. Free e-mail reminder will also be sent to customers when latest statement / advice is issued. 7%, while Kohl’s Corp. 9% Monday as an international selloff fueled by the war in Ukraine put fresh pressure on a market already suffering from Beijing’s corporate crackdowns and tough local. While Hong Kong stocks overall are cheap right. It makes up 67% of capitalization in the Hong Kong Stock Exchange. Hang Seng Index, ASX 200, Nikkei 225 Forecast: Tech Tumble Triggers Retreat. 7 Rank Company Turnover^ Share % 1 Tencent 210 10. According to 17 analyst offering 12-month price targets in the last 3 months, TJX Companies has an average price target of $99. Mortgage Enquiry Hotline 2710 2288. 35, while Cabot Oil & Gas slid 98 cents, or 4. Manage your money with ease. 42 pts lower or -1. HKD20,000,000 (HKD Twenty Million) and HKD2,000,000 (HKD Two Million) respectively for transfers to Designated Beneficiary Accounts and. È utilizzato per registrare e monitorare i cambiamenti giornalieri delle maggiori società del mercato azionario di Hong Kong ed è il principale indicatore della performance complessiva del mercato a Hong Kong. Online - Hang Seng e-Banking3 Strong Market Interest Rank Company Turnover^ Share % 1 Tencent 137 9. OK You are. However, after using Hang Seng Personal e-Banking to settle my bills, I am free from late payment!😎 Apple (Investment Consultant), 28 years old Bills from everywhere are driving me crazy😣, lucky to have Hang Seng Personal e-Banking to help me consolidate all the payments, saving my time to deal with all these issues!. 32. View and download daily, weekly or monthly data to help with your investment decisions. You can access Hang Seng Personal e-Banking not only through your desktop but also through popular tablets and. Have you been asking yourself, "What is the main Chinese stock market index?". You are ready to move into your new home. Receiving the property key: The receipt of your house key marks the completion of the home buying process. Go to Hang Seng Faster Payment Registration page. Protect your Personal Digital Keys, beware of fraudulent links. Manage your money with ease. A Hang Seng futures strategy is the methodology or technique you can use to profitably trade Russell 2000 Index futures, and this often includes technical and fundamental analyses for market timing, position sizing, and risk management. Shanghai Hairy Crab. Sources: BlackRock and Hang Seng Indexes Company Limited. OK You are leaving this Hang Seng Bank website This link may allow you to access another HSBC Group website. OK You are leaving this Hang Seng Bank website This link may allow you to access another HSBC Group website. First, you need to make sure your mobile number and email address are valid in our record. Please read the terms and conditions of the linked website, which may differ. But the plunge of the real estate and stock markets in Hong Kong in 1965. square bracket 4. 3-month unlimited $0 brokerage fee for trading HK stocks / A-shares / US stocks. HKD100,000,000 (HKD One Hundred Million) for transfers between a company's own Hang Seng accounts designated in its Business e-Banking portfolio (This limit also includes time deposits set up and gold trade). The HSCEI ETF is different from a. Receiving the property key: The receipt of your house key marks the completion of the home buying process. 16 percent to end at 6,103. Hang Seng TECH Index Innovation Screening^ Meeting at least one of the below criteria: • Technology-enabled business (e. P/E data based on as-reported earnings; estimate data. 45 percent to close at 4,077. via internet/ mobile platform); or • R&D Expense to Revenue Ratio >=5%; or • YoY Revenue Growth >=10% Constituent Selection Selection Criteria The top 30 securities with the highest MV Rank will be L’Indice Hang Seng, noto anche come HSI, è un rilevante strumento finanziario che rappresenta l’andamento del mercato azionario di Hong Kong. Hang Seng, come tutti gli indici di Borsa, è un paniere di titoli delle più imponenti aziende cinesi, che prevalgono in comparti come: finanze, telecomunicazioni, costruzioni ed energia. 9. 恒生商務e-Banking是一個為企業客戶提供網上理財服務的平台，讓你隨時隨地管理賬戶、轉賬、支付、投資等業務. (e. 64% of employees would recommend working at Hang Seng Bank to a friend and 45% have a positive outlook for the business. Wuxi Biologics (Cayman) Inc. If you wish to continue, please click 'OK'. 70, the median value is 10. Manage your money with ease. Il Hang Seng Index (abbreviato come HSI e cinese in 恒生指數) è un indice azionario della borsa di Hong Kong. I am a Digital Enthusiast What are you looking for? Apply for Business. A new insurance partnership between Hang Seng Bank Limited and Chubb Insurance Hong Kong Limited came into effect on 10 July 2023 and the insurance partnership with QBE General Insurance (Hong Kong) Limited (“QBE”) has ended on 9 July 2023. Hong Kong’s benchmark index has had a strong start so far this year, rising more than 9% since January, as of its Wednesday close. Get the latest Hang Seng China-Affiliated Corporations Index (HSCCI) value, historical performance, charts, and other financial information to help you make more informed trading and. View the latest Hang Seng Bank Ltd. She joined HSMC in 2008 after serving more than seven years. 79. 73% and fell. 1%. MAY Hang Seng announces a first interim dividend of HK$1. GuruFocus provides the current actual value, an historical data chart and related indicators for PE Ratio (TTM) for the Hang. The loan application is subject to the Bank’s approval. Created in 1969 with a value of 100, the Hang Seng Index is compiled, published and managed by Hang Seng Indexes. View stock market news, stock market data and trading information. It is constituted by including 50 of the most liquid and largest stocks, with a modified cap weighting to. 68 22,700. Fiscal Q2 2023 ended 6/30/23. the loss may be more than 2 times the increase in the Index). You can get a real-time support from us by sharing your screen securely. In realtà è costituito da circa 60 titoli azionari quotati nell’omonima borsa e selezionati fra i più capitalizzati. Apply via eBanking. . As at the end of 2021, assets under management in products passively tracking indexes in the Hang Seng Family of Indexes had reached a total of. The associated price target is $100. Constituent review results will be announced within 8 weeks of data cutoff dates. HK financial statements in full. Professor Scarlet Tso is Dean of the School of Communication at The Hang Seng University of Hong Kong (HSUHK). Given that the HSCEI and FTSE China 50 are designed to benchmark very similar sets of stocks, market participants shouldn’t be surprised that the two indices are highly correlated. Sending an international telegraphic transfer (TT) payment with Hang Seng bank using your normal online banking will cost HK$65. No matter when or where, you can log on to Hang Seng Personal e-Banking via your smartphone or computer to enjoy one-stop online banking services. The compiler of the Hang Seng Index, a key gauge of Hong Kong's $6 trillion-plus stock market, named Xinyi Solar Holdings Ltd. Additionally, screen sharing, mirroring, screenshots, or recording functions cannot be performed on the Hang Seng business. It provides cancer protection for the Life Insured with a lump-sum cancer benefit up to HKD5,000,000, which can be used for covering the cancer treatment expenses and other costs incurred when. View stock market news, stock market data and trading information. eCancerPro Insurance Plan is a cancer protection plan with no savings element underwritten by Hang Seng Insurance Company Limited. , except weekend and Hong Kong Public Holiday. 22 HKD. At Hang Seng Bank, we proactively protect the environment by offering quick and convenient Hang Seng e-Statement / e-Advice Service (1) to our customers throughout the years. 9 9 China Gas 26 1. Obtén más información sobre el trading. Giá mở cửa 17,997. Short Term Issuer Default Rating. Hang Seng e-Banking Services are under a secure site with 128-bit encryption, the highest level of encryption commercially available. Hang Seng IndexesHong Kong's Hang Seng fell 2% as tech stocks declined, and Asia markets were mixed as China's GDP missed expectations. View the latest Hang Seng Bank Ltd. KEY INFORMATION (a) Full name of discloser:OCTOPUS INVESTMENTS LTD(b) Owner or. For details, please view our [ eligible retail bond list ] for Southbound Service or call our Cross-boundary WMC hotlines at (852) 2912 3456 (Hong Kong) or (86) 4001 20 3456 (Mainland). The Hang Seng Index is maintained by a subsidiary of Hang Seng. Simple and easy. With our comprehensive Hang Seng All-in-1 MPF online dashboard, you can manage your MPF accounts closely by keeping track of how your MPF funds are performing and reviewing your MPF accounts balance, returns, contribution / transaction history and e-Statement / e-Advice anytime. S&P 500 Index. China stocks closed lower on Friday as investors maintained a cautious stance over the country's sluggish economic recovery, with strong foreign outflows denting risk sentiment further. Logon Personal e-BankingHang Seng Bank (China) Limited Head Office and Branches - An expanding presence for you to tap new opportunities. Ultimo prezzo oggi: 6. 28% to 36. Il procedimento è molto semplice. Pay with your Hang Seng Commercial Card using Apple Pay, Google Pay & Samsung Pay. Hong Kong PE Ratio: Hang Seng Index: All Stocks data was reported at 10. HK$11. Get up-to-date foreign currency exchange rates and conduct exchange rate conversions easily. It is assumed that the loan ratio of investment fund and. The service is applicable to all street-level branches (except MTR station office and mobile branch) with relevant disclaimers applied. Learn how this new log-on method makes your online banking safer. China's benchmark share index fell 0. All data sent to and from Hang Seng Bank is encrypted to protect your personal / company's financial information. Enroll Now. HK$11. Start saving and investing, and enjoy many exclusive offers. Typical value range is from 8. Hang Seng: cos’è? Andando a dare un’occhiata ai principali indici di Borsa asiatici per importanza e influenza sul mercato (come il SSEC, Topix o Nikkei), non ci sorprende affatto apprendere che su 4, due sono cinesi. The components of Hang Seng index include China Petroleum. 7,27. Employer e-Services. Hang Seng e-Banking Services are under a secure site with 128-bit encryption, the highest level of encryption commercially available. Confira a cotação do índice Hang Seng hoje (HSI). Ho Sin Hang introduced the Hang Seng Index in November 1969. Hang Lung Properties Ltd. Hang Seng of 83 Des Voeux Road, Central, Hong Kong is incorporated in Hong Kong with limited liability and is a licensed bank regulated by the Hong Kong Monetary Authority.