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Month: March 2019

Posted on 14/03/2019

HK suspends UBS sponsor licence, fines it and others $100 million for IPO failures

Helping firms to list is big business in Hong Kong, which was last year's top IPO destination worldwide with $36.3 billion raised, according to Refinitiv data. But, in the wake of a slew of ... ( read original story ...)

Posted on 14/03/2019

Hong Kong regulator bans UBS from sponsoring IPOs for one year; StanChart fined

HONG KONG (Reuters) - Hong Kong's securities regulator banned UBS on Thursday from sponsoring initial public offerings (IPOs) in the city for one year for failures as a sponsor of three IPOs. The Secu... ( read original story ...)

Posted on 14/03/2019

Hong Kong regulator suspends UBS’s IPO sponsor license for one year

HONG KONG (Reuters) - Hong Kong’s securities regulator banned UBS on Thursday from sponsoring initial public offerings (IPOs) in Hong Kong for one year for failures as a sponsor of three IPOs. The Sec... ( read original story ...)

Posted on 14/03/2019

Hong Kong regulator suspends UBS’s IPO sponsor licence for 1 year

HONG KONG, March 14 (Reuters) - Hong Kong’s securities regulator banned UBS on Thursday from sponsoring initial public offerings (IPOs) in Hong Kong for one year for failures as a sponsor of three IPO... ( read original story ...)

Posted on 14/03/2019

How governments in emerging economies can help boost and sustain growth

In 2018, the McKinsey Global Institute (MGI ... achieved per capita growth of at least 5.0 percent over the 20 years ending in 2016. 1 1.China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, ... ( read original story ...)

Posted on 14/03/2019

Hong Kong’s Cathay Pacific back to profit after two years in red

also citing "strong" cargo business. Shares in the firm jumped 2.3 per cent in Hong Kong on Wednesday to close at HK$13.48. Cathay has been overhauling its business after posting its first losses for ... ( read original story ...)

Posted on 14/03/2019

Can You Imagine How Hong Kong and China Gas’s (HKG:3) Shareholders Feel About The 80% Share Price Increase?

For example, the The Hong Kong and China Gas Company Limited (HKG:3) share price is up 80% in the last 5 years, clearly besting than the market return of around 21% (ignoring dividends). ( read original story ...)

Posted on 14/03/2019

The Latest: Hong Kong bans Boeing 737 Max from its airspace

HEJERE, Ethiopia — The Latest on The Latest on Ethiopian Airlines crash (all times local): 10:55 a.m. Hong Kong will ban the operation of all Boeing 737 Max aircraft "into, out of and over" the key As... ( read original story ...)

Posted on 14/03/2019

BOC Hong Kong : Appointment of Independent Non-executive Director and Changes of Members of Board Committees

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or complete... ( read original story ...)

Posted on 14/03/2019

Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000

Hong Kong’s small property agents have found a new investment avenue that has piqued the interest of investors – car parking spaces in the “Greater Bay Area” for as low as 200,000 yuan (US$30,000). “W... ( read original story ...)

Posted on 13/03/2019

Meet Top 8 Emerging Tech Startups From Zeroth.AI’s First-Ever India Accelerator Programme

28 startups from Japan and Hong Kong, including eight Indian startups were identified and provided with the necessary guidance during the three-month-long programme Speaking about the success of the a... ( read original story ...)

Posted on 13/03/2019

UBS, StanChart settle 2009 Hong Kong IPO misconduct case

HONG KONG (Reuters) - UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 IPO in Hong Kong, in a move expected to end uncertainty about the ... ( read original story ...)

Posted on 13/03/2019

Hong Kong Spends Nearly $700 Million to Bolster Currency

A glut of cash in Hong Kong’s financial system has pushed down market interest rates, depressing the city’s currency and forcing authorities to spend $692 million of foreign reserves defending its lon... ( read original story ...)

Posted on 13/03/2019

Hong Kong has enough freedom to do business, and that’s what counts ultimately

Hand-wringing over the inevitable demise of Hong Kong’s freedoms and rule of law ignores the fact that you have enough freedom – to do business. And that’s all you really need because Hong Kong has be... ( read original story ...)

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