Bank of East Asia Ltd (0023.HK)
26 Sep 2017
Fri, Aug 25 2017
* HY net interest income HK$5.74 billion versus HK$5.48 billion
* Sees no "significant deterioration" in 2017 bad loan ratio (Adds further earnings figures, details on asset sales and loan impairment)
HONG KONG, Aug 25 Hong Kong-based Bank of East Asia Ltd (BEA) posted first-half net profit that more than trebled on Friday, due to a drop in loan impairment losses and operational expenses, as well as a surge in interest income.
HONG KONG Elliott Management Corp has raised its stake in Bank of East Asia Ltd (BEA) less than two weeks before the Hong Kong lender defends itself in court against a lawsuit brought by the U.S. hedge fund.
HONG KONG, July 6 Elliott Management Corp has raised its stake in Bank of East Asia Ltd (BEA) less than two weeks before the Hong Kong lender defends itself in court against a lawsuit brought by the U.S. hedge fund.
SINGAPORE, June 30 Hong Kong's Bank of East Asia Ltd (BEA) has obtained approval from China's securities regulator to set up a joint venture in free trade zone Qianhai as it expands its reach in the world's second largest economy.
* Says East Asia Qianhai Securities Company Limited has received approval for establishment by China securities regulator
* Toys"R"Us - Toys"R"Us Asia Ltd entered agreement to unify Toys"R"Us business in Japan with company's business in Greater China and Southeast Asia Source text for Eikon: Further company coverage: