The broad gauge Hang Seng rose 510.66 or 1.76% to 29,562.02, as gaining issues outnumbered losers 48 to one. Leading the upside were Bank of China, Hong Kong (2388:HK), up 6.5%, followed by Macau ... ( read original story ...)
Former Hong Kong Financial Secretary John Tsang joins virtual insurer Bowtie as a senior adviser
Former Financial Secretary and Chief Executive hopeful John Tsang Chun-wah has joined Hong Kong’s first virtual insurer, Bowtie Life Insurance, as a senior adviser. Analysts said the appointment of a ... ( read original story ...)
Hong Kong Changes Reverse Mortgage Rules Allowing Seniors to Lease and Relocate
The government-owned Hong Kong Mortgage Corporation (HKMC) has introduced a rule which will allow reverse mortgage borrowers to lease the properties they’ve taken out a loan against, which could ... ( read original story ...)
All banking eyes on Hong Kong
Australian bankers were thick on the ground at the Credit Suisse Asian Investment Conference in Hong Kong last week, despite a double booking created by the Canberra inquisition of ANZ’s Shayne ... ( read original story ...)
Week In Review: CanSino Nears $1 Billion Valuation Following Hong Kong IPO
Transcenta Holding announced that its HJB subsidiary in-licensed China rights to a portfolio of novel bone disease biotherapeutics from Eli Lilly. Medtronic, a medical device maker, has launched ... ( read original story ...)
Hong Kong Stocks Enter Bull Market After Best Quarter Since ’09
(Bloomberg) -- Hong Kong’s equity traders can finally join their onshore counterparts in celebrating a bull market. The Hang Seng Index jumped 1.8 percent Monday, closing above the 29,502.64 level ... ( read original story ...)
Is There Now An Opportunity In Dah Sing Banking Group Limited (HKG:2356)?
Dah Sing Banking Group Limited (HKG:2356), operating in the financial services industry based in Hong Kong, saw significant share price movement during recent months on the SEHK, rising to highs ... ( read original story ...)
Hong Kong’s virtual banks aim to put the city back on top
In what is a huge step, Hong Kong issued three virtual banking licences to three joint ventures last week. Among the first batch is Livi VB, which is owned by Bank of China Hong Kong, JD Digits... ( read original story ...)
Hong Kong Stocks Set for Bull Market After Best Start Since ’09
The Hang Seng Index surged as much as 1.8 percent ... Burned by last year’s rout, investors have slowly come back to Hong Kong, encouraged by surging risk appetite in China, a dovish shift in ... ( read original story ...)