Dah Sing Bank Limited
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Dah Sing Bank Limited
Dah Sing Banking Group Limited (DSBG) is a Hong Kong-based banking and financial company, headquartered in Wan Chai. It has been listed on the Hong Kong Stock Exchange since 2004. It has three main banking subsidiaries (Dah Sing Bank, Banco Comercial de Macau and Dah Sing Bank (China) Limited) providing relevant services through a branch network of around 70 branches over Hong Kong, Macau and Mainland China, and a securities trading company. The group was established on 1 May 1947. Mr. David Shou-Yeh Wong was appointed as the chairman whilst Mr. Harold Tsu-Hing Wong (王祖興), the son of Mr. David Wong, joined as the group managing director and chief executive of DSBG. History 1947: Establishment of Dah Sing Bank, Limited (DSB). 1987: DSB acquired Hong Kong Industrial and Commercial Bank Limited; Public listing of Dah Sing Financial Holdings Limited(DSFH) 1990: Establishment of Dah Sing Life Assurance Co. Limited. 1993: DSFH acquired Wing On Bank Limited. 1994: Dah ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Hambros Bank
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years. The Bank was sold in 1998, and today survives only in the name of the private banking division of the France, French group Société Générale. History Early history Hambros was founded by the Denmark, Danish merchant and banker Carl Joachim Hambro (banker), Carl Joachim Hambro in London in 1839 as C. J. Hambro & Son. During the 1850s he was responsible for arranging various United Kingdom, British Government loan stock issues enabling the bank to prosper. Pre-war and Second World War After merging with the British Bank of Northern Commerce (owned by Stockholms Enskilda Bank, Enskilda Banken and a number of Scandinavian savings banks) in 1921 the name was changed to Hambros Bank, and the firm expanded. As a result, in 1926 a bigger head office ...
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Banks Of Hong Kong
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ...
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Banks Established In 1947
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Companies Listed On The Hong Kong Stock Exchange
This is a list of companies on the Hong Kong Stock Exchange (HKEx), ordered numerically by stock code. The names of the companies appear exactly as they do on the stock exchange listing. This is not an exhaustive list, but reflects the list that appears on HKEx's ''Hyperlink Directory''. An exhaustive but un-linked list appears below the partial list. 0001 - 0099 0100 - 0198 0200 - 0299 0300 - 0395 0402 - 0498 0500 - 0599 0601 - 0699 0700 - 0778 0800 - 0897 0900 - 0999 1001 - 1099 1100 - 1199 1200–1999 2000–2299 2300 - 2398 2600–2799 ETF funds 2866–2899 3000–3999 4000–4999 NASDAQ Shares 6000 - 6200 Hong Kong Depositary Receipts 6800 - 6899 8000 – 8999 9000 – 9999 References {{reflist Stock Exchange Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative ...
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List Of Banks In Hong Kong
Hong Kong maintains a ''three''-tier system of deposit-taking institutions, i.e. ''licensed'' banks, ''restricted licence'' banks and ''deposit-taking'' companies. They are collectively known as ''authorized institutions'' supervised by the Hong Kong Monetary Authority (HKMA). As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 ''licensed'' banks, 17 ''restricted licence'' banks and 13 ''deposit-taking'' companies in business, constituting a total of 194 ''authorized institutions''. In addition, there are 42 ''local representative offices'' of foreign banks in Hong Kong. Licensed banks Only licensed banks may operate Transactional account, current and Savings account, savings accounts, accept deposits of any size and Maturity (finance), maturity from the public, and pay or collect cheques d ...
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David Shou-Yeh Wong
David Shou-Yeh Wong (; born c. 1941) is a Hong Kong billionaire banker and philanthropist. Biography A native of Ningbo, Zhejiang, China, Wong is the founder and President of the Dah Sing Bank Limited. He also invests in mainland China, including the Chongqing Business Bank. He is chairman of Dah Sing Life Assurance Company Ltd. as well as vice-president of the Hong Kong Institute of Bankers. In 2008's Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ... Hong Kong's 40 Richest list, Wong was ranked as one of Hong Kong's top 40 billionaires (No.37). References External links Biography of David Shou-Yeh Wong 1940s births Living people Hong Kong bankers Hong Kong billionaires Hong Kong chief executives Billionaires from Zhejiang Hong Kong financial businesspeople ...
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MEVAS Bank
MEVAS Bank () was a bank based in Hong Kong. It was established in April 2001 with a total investment of ¥300 million (US$). Within the first two weeks of its opening, over a thousand people signed up for their banking services. The bank marketed itself as being Hong Kong's first virtual bank and publicised that customers could use it to do 24-hour online banking. MEVAS Bank's targeted clientele was young professionals. In 2002, after Hong Kong's legalisation of football gambling, MEVAS Bank partnered with the English football club Arsenal F.C. to create a credit card, Arsenal's first credit card not issue in the UK. Between June 2002 and January 2003, the company had a loss of ¥$16.6million (US$) at the beginning of 2003 had 80employees. In May 2003, the bank increased its fee for bank accounts with low balances, which affected 20% of its customer base, or 20,000 people in total. According to Chen Zhiming, a CLSA analyst, although MEVAS Bank's low balance account fee would have l ...
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SG Hambros
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years. The Bank was sold in 1998, and today survives only in the name of the private banking division of the French group Société Générale. History Early history Hambros was founded by the Danish merchant and banker Carl Joachim Hambro in London in 1839 as C. J. Hambro & Son. During the 1850s he was responsible for arranging various British Government loan stock issues enabling the bank to prosper. Pre-war and Second World War After merging with the British Bank of Northern Commerce (owned by Enskilda Banken and a number of Scandinavian savings banks) in 1921 the name was changed to Hambros Bank, and the firm expanded. As a result, in 1926 a bigger head office was constructed at 41 Bishopsgate, where the bank remained until 1988. The 1930 depres ...
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Jian Sing Bank
Industrial and Commercial Bank () was a bank in Hong Kong, established in 1917. Under the leadership of its general manager, Xue Xianzhou (), after 1919, its business was focused on operating money remittances of Overseas Chinese and its branches were extended to Guangzhou, Hankou, Shanghai, and Tianjin. However, the bank was closed down in 1930 after Xue's death and losing in foreign currency business. A new bank with a similar name, the Hong Kong Industrial and Commercial Bank (), was re-established in 1964. In 1987, it was acquired by Dah Sing Bank. In 1994, its 40% interest was acquired by China Construction Bank and it was renamed to Jian Sing Bank (). In 2002, Jian Sing Bank was totally acquired by China Construction Bank and renamed to China Construction Bank (Asia) Limited (). See others *China Construction Bank (Asia) China Construction Bank (Asia) Corporation Limited (Traditional Chinese: 中國建設銀行(亞洲)股份有限公司) is a licensed bank incorpo ...
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Abbey National Plc
An abbey is a type of monastery used by members of a religious order under the governance of an abbot or abbess. Abbeys provide a complex of buildings and land for religious activities, work, and housing of Christian monks and nuns. The concept of the abbey has developed over many centuries from the early monastic ways of religious men and women where they would live isolated from the lay community about them. Religious life in an abbey may be monastic. An abbey may be the home of an enclosed religious order or may be open to visitors. The layout of the church and associated buildings of an abbey often follows a set plan determined by the founding religious order. Abbeys are often self-sufficient while using any abundance of produce or skill to provide care to the poor and needy, refuge to the persecuted, or education to the young. Some abbeys offer accommodation to people who are seeking spiritual retreat. There are many famous abbeys across the Mediterranean Basin and Europe ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ...
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