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Chong Hing Bank
Chong Hing Bank is a bank founded in Hong Kong in 1948. It is headquartered in Central, while the back offices are located in Western District and Mong Kok. It was owned by the Liu family of Hong Kong until it was acquired by the Chinese state-owned Yue Xiu Group in 2014. History The bank was founded as Liu Chong Hing Bank in Hong Kong in 1948 by Liu Po-shan (廖寶珊), who migrated to Hong Kong from Chiuchow shortly before the Japanese occupation of the territory began in 1942. He entered the property business and subsequently banking in 1948, working from an office on Wing Lok Street in Western. In 1955 the company became a savings bank with branches. It suffered a bank run for several days from 14 June 1961, which managing director Liu Po-sang blamed on "malicious rumours by rivals". The rumours said that the bank was under police investigation. The panic partially subsided by 17 June 1961 after the Hong Kong Police affirmed that there was no such investigation and after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hongkong And Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1948 Establishments In Hong Kong
Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British Railways. * January 4 – Burma gains its independence from the United Kingdom, becoming an independent republic, named the ''Union of Burma'', with Sao Shwe Thaik as its first President, and U Nu its first Prime Minister. * January 5 ** Warner Brothers shows the first color newsreel (''Tournament of Roses Parade'' and the ''Rose Bowl Game''). ** The first Kinsey Report, ''Sexual Behavior in the Human Male'', is published in the United States. * January 7 – Mantell UFO incident: Kentucky Air National Guard pilot Thomas Mantell crashes while in pursuit of an unidentified flying object. * January 12 – Mahatma Gandhi begins his fast-unto-death in Delhi, to stop communal violence during the Partition of India. * January 17 &nd ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1948
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Territories
The New Territories is one of the three main regions of Hong Kong, alongside Hong Kong Island and the Kowloon Peninsula. It makes up 86.2% of Hong Kong's territory, and contains around half of the population of Hong Kong. Historically, it is the region described in the Convention for the Extension of Hong Kong Territory. According to that treaty, the territories comprise the mainland area north of Boundary Street on the Kowloon Peninsula and south of the Sham Chun River (which is the border between Hong Kong and Mainland China), as well as over 200 outlying islands, including Lantau Island, Lamma Island, Cheung Chau, and Peng Chau in the territory of HK. Later, after New Kowloon was defined from the area between the Boundary Street and the Kowloon Ranges spanned from Lai Chi Kok to Lei Yue Mun, and the extension of the urban areas of Kowloon, New Kowloon was gradually urbanised and absorbed into Kowloon. The New Territories now comprises only the mainland no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kowloon
Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and the rest of the New Territories. The peninsula's area is about . Location Kowloon is located directly north of Hong Kong Island across Victoria Harbour. It is bordered by the Lei Yue Mun strait to the east, Mei Foo Sun Chuen, Butterfly Valley and Stonecutter's Island to the west, a mountain range, including Tate's Cairn and Lion Rock to the north, and Victoria Harbour to the south. Also, there are many islands scattered around Kowloon, like CAF island. Administration Kowloon comprises the following districts: * Kowloon City * Kwun Tong * Sham Shui Po * Wong Tai Sin *Yau Tsim Mong Name The name 'Kowloon' () alludes to eight mountains and a Chinese emperor: Kowloon Peak, Tung Shan, Tate's Cairn, Temple Hill, Unicorn Ridge, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Island
Hong Kong Island is an island in the southern part of Hong Kong. Known colloquially and on road signs simply as Hong Kong, the island has a population of 1,289,500 and its population density is 16,390/km2, . The island had a population of about 3,000 inhabitants scattered in a dozen fishing villages when it was occupied by the United Kingdom in the First Opium War (1839–1842). In 1842, the island was formally ceded in perpetuity to the UK under the Treaty of Nanking and the City of Victoria was then established on the island by the British Force in honour of Queen Victoria. The Central area on the island is the historical, political and economic centre of Hong Kong. The northern coast of the island forms the southern shore of the Victoria Harbour, which is largely responsible for the development of Hong Kong due to its deep waters favoured by large trade ships. The island is home to many famous sights, such as " The Peak", Ocean Park, many historical sites and various ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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) (1911–1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Margaret Leung
Margaret Leung Ko May-yee, SBS, JP (; born 1952 in Hong Kong) is a non-official member of the Executive Council of Hong Kong. She was previously the deputy chairman and managing director of Chong Hing Bank Limited and vice-chairman and chief executive officer of Hang Seng Bank Limited. And before that she was the group general manager and Global Co-head of commercial banking of HSBC. Biography *1952: Born in Hong Kong *1978: Graduated from the University of Hong Kong in Economics, Accounting and Business Administration *1981: Joined HSBC *2005: Appointed to Group general manager and Global Co-head of Commercial banking of HSBC *2009: Appointed to vice-chairman and chief executive officer of Hang Seng Bank, replacing Raymond Or *2014: Appointed to Deputy chairman and managing director of Chong Hing Bank Limited. *2022: Appointed as the non-official member of the Executive Council of Hong Kong Leung declared herself as a member of the Hong Kong Golf Club on 17 August 2022, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Typographic Ligature
In writing and typography, a ligature occurs where two or more graphemes or letters are joined to form a single glyph. Examples are the characters æ and œ used in English and French, in which the letters 'a' and 'e' are joined for the first ligature and the letters 'o' and 'e' are joined for the second ligature. For stylistic and legibility reasons, 'f' and 'i' are often merged to create 'fi' (where the tittle on the 'i' merges with the hood of the 'f'); the same is true of 's' and 't' to create 'st'. The common ampersand (&) developed from a ligature in which the handwritten Latin letters 'E' and 't' (spelling , Latin for 'and') were combined. History The earliest known script Sumerian cuneiform and Egyptian hieratic both include many cases of character combinations that gradually evolve from ligatures into separately recognizable characters. Other notable ligatures, such as the Brahmic abugidas and the Germanic bind rune, figure prominently throughout ancient ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginning ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
