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ZhongAn, StanChart-backed lenders take early lead in HK digital bank race

By Alun John HONG KONG, May 4 (Reuters) - Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance 6060.HK and Britain's Standard Chartered STAN.L moved ahead of newly launched rivals as they garnered 70% of deposits last year, the lenders' annual reports showed. The numbers give the first glimpses of the performances of Hong K
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Hong Kong stocks end over 1% lower as financials, Mengniu weigh

* Hang Seng index ends down 1.28% * China Enterprises index HSCE falls 1.04% * HSI financial sub-index is down 2%; property sector slips 0.6% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the
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Hong Kong stocks drop near 2% as financials weigh

* Hang Seng index falls 1.48% * China Enterprises index HSCE drops 1.28% * HSI financial sub-index sinks 2.1%; property sector down 1% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, with financials leading the slide, as investors locked in gains after a recent rally, while many kept to the sidelines as China markets remain closed. **
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StanChart Q1 profit beats view as it begins recovery from virus hit

* Q1 underlying profit $1.4 bln vs $1.08 bln consensus * Bank says 2021 credit losses to be lower than expected * Cash management biz hurt by low rates, wealth management strong HONG KONG, April 29 (Reuters) - Standard Chartered PLC STAN.L posted on Thursday a higher- than-expected 18% rise in quarterly pre-tax profit, as the emerging markets-focus
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Class of 19: Next generation of bankers fear for future

By Dhara Ranasinghe, Saikat Chatterjee and Scott Murdoch LONDON/HONG KONG, April 29 (Reuters) - It wasn't the introduction to high finance that Adi Patel had once anticipated. The stage fright of walking into the imposing offices of a $607 billion asset manager in the heart of a historic financial district? Pandemic era: a five-day induction on Mic
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