Food giant COFCO is planning a Hong Kong initial public offering (IPO) for its money-losing e-commerce unit as part of a broader move to separately list its many different businesses to better differentiate them for investors. The listing would see state ... ( read original story ...)
These six senior bankers left global firms to join BOCI in Hong Kong
Would you leave the likes of UBS and Citi to join Bank of China? These people would. http://news.efinancialcareers.com/hk-en/292436/corporate-bankers-hong-kong/ Large Chinese banks have traditionally grown their own talent and found it difficult to lure ... ( read original story ...)
Archiparti, Hong Kong Startup for Architects
It may seem obvious that the job of an architect is to design, but in reality, many spend most of their time processing paperwork and communicating with clients. A Hong Kong startup is tackling the problem. Archiparti, a Hong Kong-based tech startup, is ... ( read original story ...)
Hong Kong finance chief Paul Chan faces yet another court case over defaming children
Hong Kong’s finance chief and his wife found themselves back in a legal battle on Monday over whether they recklessly defamed two schoolchildren, after the city’s top court gave the green light to the twins and their father to pursue a last-ditch appeal. ( read original story ...)
Uber raises rates in Hong Kong due to “evaluation of the marketplace”
Uber is hiking its fees in Hong Kong for its ride-sharing service ... in addition to stints at The United Nations, McKinsey, and various board positions with The Asia Foundation, The Aspen Institute, EmancipAction and YoungLife. “Uber is one of the ... ( read original story ...)
Hong Kong property investors go trophy hunting in London despite Brexit
LONDON (Reuters) - Chinese investment in London commercial property has more than trebled since before Britain voted to leave the European Union, most of it channeled through Hong Kong at a time of heightened political uncertainty in the former British colony. ( read original story ...)
China, Hong Kong shares buoyed by Unicom news, Chalco output boost
SHANGHAI, Aug 21 (Reuters) - China stocks rose on Monday, led by telecoms group China Unicom which shot up by its daily limit after the securities regulator said its $11.7 billion ownership reform plan does not violate rules. The CSI300 index rose 0.3 ... ( read original story ...)
Thousands protest jailing of Hong Kong student activists
Thousands of protesters marched through Hong Kong on Sunday in support of young activists who were sentenced to prison after a Hong Kong court overturned an earlier sentence for their roles in the massive demonstrations of 2014. Student leaders Joshua Wong ... ( read original story ...)
Hong Kong banks among world’s most profitable thanks to low costs, better asset quality
The large banks in Hong Kong are some of the most profitable in the world, partly due to their low costs, according to industry experts. Banking analysts say this is partly a result of market fundamentals, but also comes down to cost control decisions ... ( read original story ...)
Hang Seng Bank Ltd.
The company was founded by Sin Hang Ho in 1933 and is headquartered in Hong Kong. Hang Seng Bank is a major local bank in Hong Kong and a member of the U.K.'s HSBC group. Hang Seng has a strong presence in Hong Kong's retail banking sector, with more than ... ( read original story ...
Hong Kong’s China stock benchmark to include private companies
HONG KONG -- Hang Seng Bank's benchmark compiling unit said on Thursday that it is going to revamp the existing Hang Seng China Enterprises Index in order to make it more representative of mainland China's economy, which is increasingly led by consumption ... ( read original story ...)
Hang Seng adds private firms to raise H-share index’s appeal as benchmark for China investors
the wholly owned Hang Seng Bank unit that compiles and maintains the index. The makeover is a measure of how much Hong Kong’s role as a financial centre, and the composition of the city’s capital market, have changed over the past two decades since ... ( read original story ...)
Hang Seng Bank expands leave to increase competitiveness
Over half of Hang Seng Bank’s Hong Kong employees will see their annual leave allowance increase starting from January next year. The bank is granting around 4,500 of its 8,000 staff members more annual leave, with 60% of them gaining an extra four days. ( read original story ...)
Hong Kong stocks close up Wednesday led by Tencent and Chinese banks
Hong Kong stocks inched higher on Wednesday as shares in the tech and banking sectors advanced, led by Chinese online giant Tencent Holdings. The Hang Seng Index gained 0.86 ... Shares of China Construction Bank went up 2.15 per cent to HK$6.60, while ... ( read original story ...)