Month: April 2018

The gap between the two has widened since the 2008 financial crisis, as the U.S. central bank has started raising interest rates. Making matters tricky for Hong Kong policy makers, local money market remains awash with liquidity thanks to equity market ... ( read original story ...)

Contracting jobs are booming in Singapore and Hong Kong banking, but think carefully before you take one. Here’s what to weigh up. https://news.efinancialcareers.com/sg-en/241344/junior-singapore-finance-jobs-with-10k-monthly-salaries/ Contract jobs in ... ( read original story ...)

Financial Secretary Paul Chan Mo-po and his wife are to face a retrial in a long-running defamation case brought against them by two students and their father for accusing the youngsters of cheating in a test, Hong Kong’s top court ruled on Tuesday. ( read original story ...)

For the Hong Kong-Shanghai and the Hong Kong-Shenzhen stock links ... China wants to embrace the world, not take it over, Xi says at Boao Forum for Asia I would say with financial and service industries opening up, the US in the future would have more ... ( read original story ...)

China’s central bank has unveiled a slew of market opening measures in the financial sector on Wednesday, including the removal of foreign ownership caps of banks, as Beijing tries to paint itself as an open economy and a key backer of free trade and ... ( read original story ...)

SHANGHAI, April 11 (Reuters) - China and Hong Kong stocks rose on Wednesday, led by financial firms, as the market welcomed Beijing’s pledge to further open the country’s financial sector to foreign investors. On the mainland, the CSI300 index advanced ... ( read original story ...)

Foreign ownership restrictions in Chinese banks and financial asset management firms also will be ... Commission said the allowable daily two-way trading volume between Hong Kong and mainland China's two exchanges would each be increased fourfold to ... ( read original story ...)

so there were no Hong Kong dollars left to finance short sellers. Read: Lessons from 1997 show how it’s scary being a bear on the Hong Kong dollar The currency peg exposes Hong Kong’s economy to the ups and downs of the US economic cycle as the US Fed ... ( read original story ...)

Paul Chan, Hong Kong’s financial secretary, said: “This will facilitate the healthy development of stock connect, and facilitate international investors’ access to the mainland’s stock markets and mainland investors’ access to Hong Kong’s stock ... ( read original story ...)

Hong Kong’s stock market climbed on Tuesday morning, as President Xi Jinping committed to further opening China’s economy in a keynote speech in Boao. Mainland markets were mixed. The benchmark Hang Seng Index and the Hang Seng China Enterprises Index ... ( read original story ...)

The gap between the two has widened since the 2008 financial crisis, as the U.S. central bank has started raising interest rates. However, the Hong Kong money market remains awash with liquidity thanks to equity market inflows and remnants of money ... ( read original story ...)