Investors in Hong Kong might soon be able to trade fund products through Hong Kong Exchanges and Clearing as well as their smartphones, as the Hong Kong Investment Funds Association pushes for more sales channels for retail funds, according to its chairman ... ( read original story ...)
Hong Kong stocks off to flying start on the first day of trading in 2018
Hong Kong stocks started the first day of trading in 2018 with a bang. The Hang Seng Index ended Tuesday above the key 30,000 mark for the best finish since November 2007, thanks to a policy boost from the Chinese central bank to support liquidity in the ... ( read original story ...)
Corporate Expansions Driving Hong Kong’s Grade A Office Market
According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% higher than in October 2017. ( read original story ...)
Marks & Spencer sells Hong Kong stores in overseas shake-up
"As one of the world’s leading retail operators, with strong logistics capabilities and local expertise, Al-Futtaim is the ideal partner for us to develop and grow our business in Hong Kong and Macau.” Following the Al Futtaim deal, the last ... ( read original story ...)
Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau
Marks & Spencer has offloaded its 27-store Hong Kong business to its long-time franchise partner Al-Futtaim. The British retailer will be selling its stores in the area to long-term franchise partner Al-Futtaim for an undisclosed amount. Dubai-based Al ... ( read original story ...)
Hong Kong property market shatters price records again
Public and private housing blocks are seen in Hong Kong. Private home prices in Hong Kong rose by 1.08% in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released yesterday. ( read original story ...)
Hong Kong eyes blockbuster China tech IPO queue
Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalisation of some $500 billion over the next two years, in a sharp contrast to 2017 – the city’s worst year for raising equity in a decade. ( read original story ...)
Marks & Spencer sells Hong Kong stores as it retreats from overseas markets
The move comes less than two months after M&S spared its Hong Kong operation in a reshaping of its business. It announced the closure of 30 UK stores and is converting 45 more into food-only outlets as it cut back on floor space devoted to its clothing ranges. ( read original story ...)
Hong Kong stocks hit 10-year high; China up on factory activity
Hong Kong stocks rose to the highest level in over a decade on ... Sentiment is also buoyed by a private business survey showing growth in China's manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up ... ( read original story ...)
Yuanta Commercial Bank from Taiwan opens Hong Kong branch (with photo)
Yuanta Commercial Bank from Taiwan officially opened its Hong Kong branch today (January 2), leveraging Hong Kong's status as an international financial centre and its strategic location to expand its business outside Taiwan and extend its footprint in the ... ( read original story ...)
Hong Kong: Thousands of protesters throng city streets in warning against China’s reach
Thousands of people have marched through the streets of Hong Kong on New Year's Day to warn China not to meddle further in the city's affairs and undermine its autonomy. Protesters said the main aim was to "Protect Hong Kong" Their concerns included China ... ( read original story ...)
Hsbc bank china
As HSBC China, the Bank incorporates the previous mainland China offices of The Hongkong. HSBC Bank (China) Beijing Relocation on www. HSBC Bank (China) Company Limited operates as a banking and financial services organization in China. Die Bank ist ein ... ( read original story ...)
Hong Kong Tribunal Rejects HSBC Appeal, Upholds Record Fine
A Hong Kong tribunal on Tuesday upheld the bulk of a fine imposed on a unit of HSBC Holdings PLC that would be the largest ever meted out by Hong Kong’s securities regulator. The city’s Securities and Futures Appeals Tribunal ordered HSBC Private Bank ... ( read original story ...)
After tough year, Hong Kong democracy protesters sound warning to China on New Year’s day
HONG KONG (Reuters) - After a year that saw democracy advocates in Hong Kong jailed and ousted from public office, thousands marched through the streets of Hong Kong on New Year's Day to warn China not to meddle further in the city's affairs and undermine ... ( read original story ...)