Net interest margin has also seen improvement. Pre-tax operating profits of the banking industry have grown by over 18% over the same period last year. I am happy to see that while banks in Hong Kong are making decent profits, they are at the same time ... ( read original story ...)
BRIEF-Tahoe’s property unit signs agreement to buy property developer for 227.8 mln yuan
Further company coverage: ($1 = 6.6310 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Hysan’s Lee Is Positive on Hong Kong’s Future
Oct.09 -- Hysan Development is one of Hong Kong's largest commercial landlords. The developer is celebrating the 20th anniversary of their marquee retail property Lee Garden One by bringing back the iconic nightspot Yum Sing Bar for a limited time. ( read original story ...)
Hong Kong stocks pull back from decade peak on profit-taking
Oct 9 (Reuters) - Hong Kong stocks dipped on Monday after hitting near 10-year highs last week, as investors took profits in property and financial shares in the wake of a disappointing China services survey and worries on North Korea curbed risk appetites. ( read original story ...)
Hong Kong Pact on Listing Policy — WSJ
Hong Kong's unwillingness to admit such companies cost it the IPO of e-commerce giant Alibaba Group Holding Ltd., which listed in New York in 2014. Hong Kong's market has suffered several dramatic share plunges this year, often with no apparent cause. ( read original story ...)
China Mobile (Hong Kong) Ltd. (CHL) Holdings Decreased by Fmr LLC
gained 0.17 percent and BOC Hong Kong was unchanged. A group of Hong Kong football fans have booed their national anthem - which the territory shares with mainland China - during a friendly match with Laos, reported BBC. Parallel Advisors LLC now owns ... ( read original story ...)
Speech by FS at Hong Kong Association of Banks luncheon (English only) (with photo/video)
It's a pleasure to be here today. My thanks to the Hong Kong Association of Banks for giving me this welcome opportunity to speak to the institutions and the professionals who have made banking and finance one of Hong Kong's great assets. Our ticket to the ... ( read original story ...)
China’s Central Bank Could Adjust Policy Again, Goldman Sachs Says
senior China economist at Goldman in Hong Kong, wrote in a note. Unlike global peers, the People’s Bank of China doesn’t make scheduled policy rate announcements, and speeches are relatively rare. The reaction function, or how PBOC officials led by ... ( read original story ...)
Bank encourages staff to vote ‘regardless’ of position on same-sex marriage
It has nothing to do with banking,” the source alleged. Unity is CBA’s internal LGBTI community and allies network and has groups established in every Australian state, along with New York, London, Hong Kong and Auckland. The CBA website states that ... ( read original story ...)
Kazakh Diyas to face world №4 at the start of Prudential Hong Kong Tennis Open 2017
ASTANA. KAZINFORM In her first match at the Prudential Hong Kong Tennis Open 2017, Kazakhstani Zarina Diyas will face the first seeded Elina Svitolina from Ukraine, Sports.kz reports. The tournament will take place from October 7-15, 2017 at the iconic ... ( read original story ...)
Sneak Peek: Startup Launchpad 2017 – Asia’s Largest Hardware Startup Tradeshow
Come join us for an evening of networking and connecting with the expert speaker for our October event. Startup Launchpad is coming to Hong Kong again this October. Join us to get a quick sneak peek on the highlights you’ll experience at the tradeshow ... ( read original story ...)
China Aoyuan Property Group Limited (3883) Dips -4.43% on Oct 9
China Aoyuan Property Group Limited together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK ... ( read original story ...)
Xiwang Property Holdings Co Ltd (2088) Is Yet to See Trading Action on Oct 9
Xiwang Property Holdings Co Ltd together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK ... ( read original story ...)
Hong Kong to up maritime liability limits in line with IMO
Hong Kong's government continues to keep the maritime sector abreast of the latest international developments with a proposal to tweak legislation on shipowners' liability to bring them in line with changes at the IMO level. The government said in a press ... ( read original story ...)