HONG KONG — European stock markets slipped Monday after small ... ANALYST TAKE: “The euro has had a rough go lately, reflecting a firehose of negative news headlines. It started with the loss of data momentum and now political risks have injected ... ( read original story ...)
Finance chief Paul Chan wants Hong Kong to mirror success of Guizhou, one of China’s poorest provinces
Two of Hong Kong’s top ministers vowed to turn the city into China’s premier financial and technology centre, in the same way that mainland cities such as Shenzhen and Guiyang have succeeded in transforming themselves into the country’s innovation ... ( read original story ...)
HSBC Can Feast on Deutsche Bank’s Pain
Tellingly, Hossein Zaimi, named by HSBC to run its global equities business last year, is based in Hong Kong and not London, the location of his predecessor. Two of the bank’s five biggest and fastest-growing markets — Hong Kong and China — are ... ( read original story ...)
HSBC raises deposit rates
Janice HuangHSBC (0005) will increase both Hong Kong dollar and US dollar time deposit rates.On Hong Kong dollar time deposit rates, HSBC is to raise the six-month rate from up to 1.35 percent a year to up to 1.6 percent a year and 12-month rate from up to ... ( read original story ...)
Seabelo Senatla rejoins Blitzboks after Hong Kong Super Rugby dalliance but Fiji still look like Sevens World Series champions
South Africa have turned to their all-time top try scorer as they look to resurrect a season on the slide in the HSBC Sevens World Series ... in the first Super Rugby match to be played in Hong Kong, sevens superstar Seabelo Senatla is back in the ... ( read original story ...)
Hong Kong Sevens wizard Seabelo Senatla to cast a spell over Sunwolves in city’s first Super Rugby clash
He’s spent years tearing up the Cathay Pacific/HSBC Hong Kong Sevens with the Blitzboks and now scintillating winger Seabelo Senatla is out to give the city’s first Super Rugby game a carnival feel. Long one of the key components of South Africa’s ... ( read original story ...)
HSBC headhunts equities experts
Others joining HSBC in Hong Kong include Edman Won... HSBC Holdings (0005) is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG and Citigroup Inc, according to sources. ( read original story ...)
HSBC said hiring from Deutsche Bank, Citi for Asia equities
HONG KONG: HSBC Holdings plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG and Citigroup Inc, according to people familiar with the matter. HSBC has hired ... ( read original story ...)
Dearth of early-stage venture capital could hurt Hong Kong start-ups, say entrepreneurs
Increasing support from corporate-sponsored incubation programmes and government investment has nurtured a growing number of start-ups in Hong Kong, but many say the real challenge for entrepreneurs is a dearth of early-stage risk capital from venture ... ( read original story ...)
Hong Kong Banks
With plenty of banks to choose from, we do our best to document them all in this directory. The Hongkong and Shanghai Banking Corporation Limited is the largest bank in Hong Kong, the founding member of the HSBC Group. Since 1990 it operates in Hong Kong ... ( read original story ...)
Hong Kong’s problem with date rape drug GBL sent by mail from Lithuania
A greater amount of a date rape drug was seized in Hong Kong in the first four months of this year than in the whole of 2017, customs figures show, with the chemical also finding its way to the city centre when previously it was mostly discovered in ... ( read original story ...)
Hong Kong Needs an Ant to Move This IPO Mountain
It will take an Ant to move this Hong Kong stock mountain. Until recently, Hong Kong was an IPO desert. Issuance had been falling for four consecutive years as investors grew weary of deal after deal from state-owned Chinese firms. Then came ZhongAn ... ( read original story ...)
Win Streak May Stall For Hong Kong Stock Market
BOC Hong Kong shed 0.49 percent, CNOOC slid 0.29 percent and China Life was unchanged. The lead from Wall Street is cautiously optimistic as stocks were lackluster on Friday, bouncing back and forth across the unchanged line before ending mostly higher. ( read original story ...)
Calm waters in session
Hong Kong Q1 GDP Q/Q: 2.2% v 0.8%e; Y/Y: 4.7% v 3.4%e - BOE's Broadbent: Recent slowdown seen as temporary, Q1 economic weakness was partly due to weather (in-line with recent MPC statement). Right to wait and assess the health of the economy. BOE message ... ( read original story ...)