Tai Sang Bank Limited
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Tai Sang Bank Limited
Tai Sang Bank Limited is a licensed privately-owned bank based in Hong Kong. The bank was established by Ma Kam Chan, a businessman from Kwangtung (now Guangdong), in 1937 after his family migrated to Hong Kong. Ma went on to serve as the Chairman of the bank until he died in 1984. The bank is currently chaired by Patrick Ma Ching Hang. Tai Sang Bank is a member of the Hong Kong Association of Banks. Senior leadership The bank is led by the Chairman, and it has traditionally been a member of the majority-owner Ma family. List of chairmen # Ma Kam-chan (1937–1984) # Patrick Ma Ching-hang (since 1984) Network Tai Sang operates out of a single branch on Des Veoux Road Central (德輔道中) and does not offer any online banking or ATM services. The bank largely relies on small-scale transactions and a high degree of customer service, providing more flexible solutions than larger lenders. The bank's main clients are brokers and gold traders. US sanctions As the United St ...
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Des Voeux Road Central
Des is a masculine given name, mostly a short form (hypocorism) of Desmond. People named Des include: People * Des Buckingham, English football manager * Des Corcoran, (1928–2004), Australian politician * Des Dillon (other), several people * Des Hasler (born 1961), Australian rugby league player-coach * Desmond Des Kelly (born 1965), British journalist * Desmond Des Lynam (born 1942), British television presenter * Desmond Des Lyttle (born 1971), English footballer * Desmond Des O'Connor (1932–2020), British entertainer * Des O'Connor, Australian rugby league player in the 1970s * Desmond Des O'Grady (born 1953), Irish retired Gaelic footballer * Des O'Hagan (1934–2015), Irish communist * Desmond O'Malley (1939–2021), Irish politician, government minister and founder and leader of the Progressive Democrats * Desmond Des O'Neil (1920–1999), Australian politician * Des O'Reilly (1954–2016), Australian rugby league player * Desmond Smith (general) (1911–199 ...
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Victoria City, Hong Kong
The City of Victoria, often called Victoria City or simply Victoria, was the '' de facto'' capital of Hong Kong during its time as a British dependent territory. It was initially named Queenstown but was soon known as Victoria. It was one of the first urban settlements in Hong Kong and its boundaries are recorded in the Laws of Hong Kong. All government bureaux and many key departments still have their head offices located within its limit. Present-day Central is at the heart of Victoria City. Although the city expanded over much of what is now Kennedy Town, Shek Tong Tsui, Lung Fu Shan, Sai Ying Pun, Sheung Wan, Wan Chai, Happy Valley, the Mid-Levels, East Point and parts of Causeway Bay, the name ''Victoria'' has been eclipsed by ''Central'' in popular usage. However, the name is still used in places such as Victoria Park, Victoria Peak, Victoria Harbour, Victoria Prison, and a number of roads and streets. It is also retained in the names of various organisation ...
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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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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Hong Kong Human Rights And Democracy Act
The Hong Kong Human Rights and Democracy Act of 2019 (HKHRDA)Naomi Xu ElegantThe U.S. Senate Passed 2 Bills Supporting Hong Kong Protesters. But They Might Do More Harm Than Good, ''Fortune'' (November 20, 2019). (; ) is a United States federal law that requires the U.S. government to impose sanctions against mainland China and Hong Kong officials considered responsible for human rights abuses in Hong Kong, and requires the United States Department of State and other agencies to conduct an annual review to determine whether changes in Hong Kong's political status (its relationship with mainland China) justify changing the unique, favorable trade relations between the U.S. and Hong Kong. The passage of the bill was supported by pro-democracy activists in Hong Kong, and in 2019 received near-unanimous support in Congress.Simon Denyer & Tiffany LiangChina says Trump is on 'edge of precipice' as Hong Kong rights bill hits his desk, ''Washington Post'' (November 21, 2019). Initial ...
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Hong Kong Autonomy Act
The Hong Kong Autonomy Act is legislation passed by the United States Congress following the enactment in June 2020 by the Chinese Standing Committee of the National People's Congress of the Hong Kong national security law. The Act was signed into law by US President Donald Trump on 14 July 2020, and imposes sanctions on officials and entities in Hong Kong as well as in mainland China that are deemed to help violate Hong Kong's autonomy, and punishes financial institutions that do business with them. At the signing, Trump also signed Executive Order 13936 to "hold China accountable for its aggressive actions against the people of Hong Kong". Trump also revoked the territory's special status, saying “No special privileges or Hong Kong no special economic treatment and no export of sensitive technologies". He also blocked any dealings in US property by anyone determined to be responsible for or complicit in "actions or policies that undermine democratic processes or instituti ...
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Hong Kong National Security Law
The Hong Kong national security law, officially the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region, is a piece of national security legislation concerning Hong Kong. It was passed on 30 June 2020 by the Standing Committee of the National People's Congress as a means of resolving the anti-extradition bill protests instigated by a bill proposed in 2019 to enable extradition to other territories including the mainland, and came into force the same day. Among others, the national security law established four particular crimes of secession, subversion, terrorism, and collusion with foreign organisations; any open speech, verbal promotion or intention of Hong Kong's secession from China is considered a crime as well. The implementation of the law entitles authorities to surveil, detain, and search persons suspected under its provisions and to require publishers, hosting services, and internet service prov ...
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Banks Established In 1937
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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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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