“Why we are better is partly because of ‘One Country Two Systems,’” he said. “People who want to sell to China are comfortable to do business in Hong Kong. Increasingly, Chinese businessmen who want to do business with the rest of world are using ... ( read original story ...)
HK, China stocks weaker as global central bank tightening worries weigh
The Hang Seng, the Hong Kong benchmark that ranked among the best-performing major ... Yang Hai, an analyst at Kaiyuan Securities said tightening by the Federal Reserve and the European Central Bank "would have a negative impact on liquidity situations ... ( read original story ...)
HSBC Said to Approach Peter Hancock as Possible Outside CEO (2)
Hancock and Tucker overlapped for a few months at AIG in 2010, when the insurer spun off Hong Kong-based AIA Group Ltd., which Tucker formerly led. Cambridge Fellow While Hancock would be an outsider, he’s cut from the same cloth as many HSBC lifers. ( read original story ...)
UAE school fees second highest in the world – HSBC study
Hong Kong took the first spot, with parents spending about $132,161 per child. The survey conducted falls under HSBC’s The Value for Education series, which polled 8,481 parents from 15 different countries and territories. It reveals insights on parents ... ( read original story ...)
Indian parents spend Rs 12.25 lakh on children’s education, Hong Kong leads with Rs 85.67 lakh
The survey of over 8,400 parents in 15 countries and territories said Hong Kong parents spent the most on education ... head – retail banking and wealth management, HSBC India. About 89% of parents in India are ready to make personal sacrifices for ... ( read original story ...)
PEOPLE MOVES: Jersey Finance, Quilter Cheviot, HSBC, UBS
Patrick Ho has been hired as Asia investment strategist for HSBC’s private banking business. Based in Hong Kong, he will support the development of regional investment and product strategies across all asset classes for clients in Asia, according to a ... ( read original story ...)
This “new sexy job” in Hong Kong banking will get you a 23% pay rise
“HSBC, Standard Chartered and Citigroup are among the Western banks likely to hire in sales because they’ve indicated their role as market makers in the new scheme,” says Stanley Soh, a Hong Kong-based regional country director of financial services ... ( read original story ...)
New trading board – bitter memories still haunt investors
particularly Hong Kong. When Cathay Pacific, the city's flag carrier, was facing earnings headwinds, it went back to the basic strategy taught in business schools - cost cutting. Indeed, even mighty HSBC had to greatly reduce its operating expenses ... ( read original story ...)
China Mobile (Hong Kong) (CHL) Getting Somewhat Positive News Coverage, Study Finds
03/09/2016 - China Unicom (Hong Kong) Ltd had its "buy" rating reiterated by analysts at CLSA. HSBC Holdings plc downgraded China Mobile (Hong Kong) from a "buy" rating to a "hold" rating in a research report on Thursday, March 23rd. Two analysts have ... ( read original story ...)
Clifford Chance Advises on $1.5B London Real Estate Financing
Clifford Chance advised Bank of China (Hong Kong) Ltd., HSBC and ING Real Estate Finance as lenders to CC Land, with a team led by real estate partner Jane Cheong in London and finance partner Dauwood Malik in Hong Kong. Tax partner Dan Neidle, derivatives ... ( read original story ...)
China’s aircraft carrier celebrated on Hong Kong port call
China's sole operating aircraft carrier arrived on its first port call to Hong Kong on Friday as part of efforts to stir patriotism amid commemorations of the city's handover from British to Chinese rule 20 years ago. The Liaoning steamed into port with ... ( read original story ...)
China’s first aircraft carrier arrives in Hong Kong to mark 20 years since the handover of the city from British rule after the giant ship was rescued from a Russian SCRAPYARD
China's giant new aircraft carrier sailed into Hong Kong waters today, its latest show of growing military might at a time of rising regional tension. Tourists and residents gathered to catch a glimpse of Beijing's first carrier on its maiden visit to Hong ... ( read original story ...)
Young creatives look to build a high-tech Hong Kong future
Hong Kong has diverse cultural and social backgrounds ... “At the current state of my business, I am still struggling to gain more exposure for my own work. This had proven to be really difficult for designers,” said Belinda Chang, founder of Obellery ... ( read original story ...)
Elliott raises stake in Hong Kong bank BEA before court hearing
HONG KONG Elliott Management Corp has raised its stake in Bank of East Asia Ltd (BEA) (0023.HK) less than two weeks before the Hong Kong lender defends itself in court against a lawsuit brought by the U.S. hedge fund. Elliott bought 237,800 shares of BEA ... ( read original story ...)