Tag Archives: sun hung kai


HK’s Bank of East Asia posts first loss in four decades

Forbes – Bank of East Asia, Hong Kong’s fifth-largest lender, posted a bigger-than-expected second-half loss and slashed its dividend, after selling a debt portfolio at a steep loss. The bank (BEA), which reported its first half-year loss since the 1960s, […]

HK Fund to team up with Paulson Hedge Fund in Offshore Launch

West Palm Beach (HedgeCo.net) – One of Hong Kong’s largest independent financial institutions, Sun Hung Kai Financial, is teaming up with hedge fund Paulson & Co, launching a distressed asset investment fund, according to a Reuters report. John Paulson will […]

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