|Bid||4.3800 x 0|
|Ask||4.3900 x 0|
|Day's range||4.3800 - 4.4300|
|52-week range||3.4800 - 5.5400|
|Beta (5Y monthly)||0.21|
|PE ratio (TTM)||22.69|
|Earnings date||03 Mar 2021 - 08 Mar 2021|
|Forward dividend & yield||0.20 (4.42%)|
|Ex-dividend date||20 Aug 2020|
|1y target est||9.61|
Hong Kong's new online-only banks plan to venture into business lending and wealth management, seeking more lucrative avenues beyond basic savings accounts and transfer services, senior executives said. Whether these banks can take significant share from Hong Kong stalwarts such as HSBC and Standard Chartered and become profitable is being closely watched in other Asian markets where regulators are also encouraging new challengers. ZA Bank, operated by a unit of ZhongAn Online P&C Insurance Co Ltd, has set itself the goal of breaking even in five years.
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Rupee hits highest level since mid-March * South Korean shares down on GDP forecast cut By Shriya Ramakrishnan Aug 27 (Reuters) - Indian rupee led Asian currencies with a more than half percent gain on Thursday, adding to this week's central bank-inspired appreciation against the dollar, while South Korean shares sank after Bank of Korea slashed its economic outlook for the year. The rupee had surged 1% on Monday as dealers reported a halt in central bank buying of the dollar, widely understood to be aimed at aiding the competitiveness of Indian exporters as the economy struggles with one of the world's worst coronavirus outbreaks. Seoul's export-focused KOSPI closed more than 1%lower, ending a four-day rally as the grim forecasts from the Bank of Korea added to its highest daily spike in COVID-19 infections since March.
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Sino-U.S. tensions keep Asian shares muted * S. Korean shares down on GDP forecast cut By Shriya Ramakrishnan Aug 27 (Reuters) - Asian currencies struggled on Thursday as investors looked to a key speech by Federal Reserve Chairman Jerome Powell for hints on inflation and monetary policy, while Sino-U.S. tensions kept a lid on gains for stock markets. Investors have largely priced in a dovish message from Powell when he opens the Kansas City Fed's annual economic policy conference later in the day, the question is whether any adjustments he may make to its policy toolbox will be enough to flatten U.S. market interest rates further. "Given the overwhelming likelihood of Fed staying dovish for a long time to come, I wouldn't read much into the recent struggle for Asia currencies to make headway against USD – all it needs is a reinforcement of Powell and Fed of their dovish stance for the USD sell off theme to sustain," said Mahesh Sethuraman, deputy head of global sales trading at Saxo Capital Markets.