Hong Kong’s drawndown mortgage loans in July rise 1.2 pct m/m

Aug 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$32.4 billion ($4.14 billion) in July, up 1.2 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday. Following is the breakdown of data from the ... ( read original story ...)

A senior HSBC trader has just joined BNP Paribas in Hong Kong

BNP Paribas has poached a senior credit trader from HSBC in Hong Kong as its global hiring drive in credit reaches Asia. http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ BNP Paribas has poached a senior credit trader from HSBC ... ( read original story ...)

New rules, tech are dimming Hong Kong’s signature neon glow

For Hong Kong's famed neon lights, the future looks dim. Neon-lit signs were once ubiquitous here, illuminating city streets with their soft, warm glow and giving the dynamic Asian city a signature look to match its postwar economic boom. Tens of thousands ... ( read original story ...)

Hong Kong businessman and socialite David Tang dies at 63

HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)

BOC Hong Kong : 2017 Interim Report (non-printed version)

The Group's profit attributable to the equity holders in the first half of 2017 amounted to HK$17,216 million. Profit attributable to the equity holders from continuing operations increased by 24.5% year-on-year to HK$14,627 million. Profit attributable to ... ( read original story ...)

BOC Hong Kong : 1st Half Net Profit HK$17.22 Billion

HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) Wednesday reported its first-half net profit fell to 17.22 billion Hong Kong dollars (US$2.2 billion) from HK$42.84 billion a year earlier, as earnings in the previous year were ... ( read original story ...)

Hong Kong Market May Find Renewed Support

BOC Hong Kong dipped 0.25 percent, Lenovo Group was down 0.23 percent, Industrial and Commercial Bank of China collected 0.17 percent and Ping An Insurance added 0.16 percent. The lead from Wall Street is cautiously optimistic as stocks saw some early ... ( read original story ...)

Hong Kong Market Overdue For Profit Taking

Among the actives, China Life surged 4.17 percent, while Industrial and Commercial Bank of China soared 3.47 percent, BOC Hong Kong spiked 3.25 percent, CNOOC advanced 2.74 percent, China Petroleum and Chemical (Sinopec) perked 2.45 percent, China ... ( read original story ...)