Deutsche Bank AG underwrote a senior secured loan that will eventually be syndicated to a broader group of lenders, the Singapore-based startup said in a statement ... into Asia with Singapore, Tokyo ... ( read original story ...)
Hong Kong’s GSR Capital signs mega deal with fake news peddler
The analyst was referring to a press release put out by Byrne that claimed Hong Kong-based GSR Capital has announced that it will invest $270 million in a blockchain-based startup of Overstock.com, ca... ( read original story ...)
Maternity leave in Hong Kong: government considering subsidies to help businesses offset cost of giving new mothers 14 weeks’ off
Small and medium-sized enterprises will be the hardest hit,” he said. Chung urged the government to also consider the effects of the US-China trade war on the Hong Kong business environment before pus... ( read original story ...)
Tianqi Lithium Set to Raise US$1 Billion in Hong Kong IPO
The top lithium producer is seeking to raise up to US$1 billion in an initial public offering in Hong Kong to fund its recent purchase of a 24-percent stake in SQM. The Chinese company filed plans to ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Index gained 1.4 per cent
Hong Kong and mainland Chinese stock markets rose on Monday ahead ... and as China’s banking regulator stepped up efforts to get banks to increase lending to companies. The Hang Seng Index gained 1.4 ... ( read original story ...)
BEA Falls Most in Three Years After Cut From Hang Seng Index
Bank of East Asia Ltd. slumped the most since July 2015 following news it will be cut from Hong Kong’s Hang Seng Index along with China Merchants Port Holdings Co., which also tumbled. BEA closed down ... ( read original story ...)
How to improve your chances of getting a loan in Hong Kong: ditch that old phone and use lower case letters
Citibank, Standard Chartered Bank and Bank of China (Hong Kong) responded by waiving proof-of-income for existing customers, while HSBC and its Hang Seng unit said they too will follow suit. Citibank ... ( read original story ...)
How legal Hong Kong loophole helps super-rich homebuyers save millions of dollars
Assuming Pan, a permanent Hong Kong resident, already owns property there, he would have paid a 15 per cent levy in a regular transaction. Stamp duties are made ineffective because there’s a back door ... ( read original story ...)
This super elite HSBC team in Hong Kong has just hired a new senior banker
HSBC Private Bank in Hong Kong has made another senior hire into the team that serves super-wealthy customers. Former CICC banker Yahong Wu joined HSBC as a director of ultra-high net worth (UHNW) sol... ( read original story ...)
Hong Kong Office Market Reports Strongest Rental Growth in 3 Years
According to JLL's latest August 2018 Property Market Monitor released this week, office rents in Hong Kong's Wanchai/Causeway Bay areas rose by 1.5% month-over-month in July 2018, their fastest pace ... ( read original story ...)
Coils Lam Wai-chun, founding chairman of Hong Kong’s popular 759 Store, dies aged 60
announced in a stock exchange filing on Sunday that Lam had died at the Hong Kong Sanatorium & Hospital on Saturday. It did not disclose the cause of death. “The board will use its best endeavours to ... ( read original story ...)
Hong Kong Bears Pile Into Short Bets on Chinese Automakers
Several Chinese automakers are among the worst performers in Hong Kong’s equity markets this year, and their slump may be far from over. Bears are betting on a persistent drop in auto sales on the mai... ( read original story ...)
The UAE is Hong Kong’s 18th largest trading partner
Nasser expects to see more Emirati companies explore business opportunities and tap global markets through HKTDC exhibitions. He also encouraged buyers, distributors and retailers from the UAE to come ... ( read original story ...)
Poly Property Wins Kowloon Residential Project for HK$3.3B
The Hong Kong Lands Department on Wednesday announced that a subsidiary of China Poly Property, has won a tender for a 3,689-square-metre (39,708 square feet) residential site in Yau Tong, in the sout... ( read original story ...)