Lo To Lee-kwan, the 97-year-old matriarch of Hong Kong property giant Great Eagle Holdings, said it was her own decision to file a lawsuit to dismiss HSBC as a trustee of her family business as the bank did not follow her guidance on managing the estate. ( read original story ...)
China stocks lukewarm to MSCI inclusion; Hong Kong falls
But Hong Kong stocks were hit by the news ... head of Asia Pacific equities at HSBC. "But on a five-10 year view, there's potential for $500 billion worth of inflows, which is huge. This is based on full-weight, full inclusion for both MSCI and FTSE." ( read original story ...)
HSBC : Overseas regulatory announcement (1-page PDF 8KB)
HSBC Holdings plc was notified on 26 June 2017 that BlackRock, Inc. had released an announcement to The Stock Exchange of Hong Kong Limited on 23 June 2017 pursuant to s.324 of Part XV of the Securities and Futures Ordinance (Cap. 571). ( read original story ...)
Bank of China Hong Kong surges to all-time high, boosting Hang Seng Index
Hong Kong stocks gained for the first time in five days on Monday, as financial companies advanced after Morgan Stanley raised its price estimates for Bank of China Hong Kong and on optimism the city’s financial industry will received policy support from ... ( read original story ...)
Here’s what your investment banking salary and bonus should be in Hong Kong
Are you really earning enough? Find out how your Hong Kong investment banking salary and bonus measure up against the market average. http://news.efinancialcareers.com/hk-en/226843/this-is-what-your-private-banking-salary-and-bonus-should-be-in-hong-kong ... ( read original story ...)
DBS’s Hong Kong bank keeping an eye on its China exposure
HONG KONG -- Like its peers here, the Hong Kong arm of Singapore's DBS Group Holdings has reaped increasing benefits from its mainland China-related business in the past several years. However, Hong Kong banks' rising reliance on the second largest economy ... ( read original story ...)
Hong Kong stocks climb most in a week as BOC, casinos advance
HONG KONG (Nikkei Markets) -- Hong Kong stocks advanced the most in a week as flows chasing mainland Chinese equities higher keep sentiment well supported. The Hang Seng Index rose 0.8% to 25,871.99, heading closer to 26,000 after failing to stay above the ... ( read original story ...)
Hong Kong startup platform aims to find the next DJI
Since its official launch in July last year, incubator Hong Kong X-Tech Startup Platform, is already working on 20 projects, according to Professor Chen Guanhua of the University of Hong Kong, a co-founder of the incubator. The platform, which offers ... ( read original story ...)
Hong Kong: How a ‘barren rock’ became an Asian powerhouse
From the latter part of the 19th century, Hong Kong grew as an Asian financial center, becoming a major international trading hub from the 1950s onwards, acting as a regional headquarters for major banking and corporate firms, serving as a gateway to China. ( read original story ...)
Hong Kong loses IPO crown to New York; slips to No 3 globally, first half data shows
Hong Kong has lost its crown as the world’s favoured destination for companies to raise funds, slipping to the No 3 spot behind New York and Shanghai, amid a dearth of blockbuster listings in the first half, according to preliminary data from Thomson ... ( read original story ...)
It’s been 20 years, Hong Kong. Please just get on with the business of what you do best
Andrew Burns, Britain’s first consul general to Hong Kong after the 1997 handover, spoke to a business audience in the days before he retired in 2000. Erudite and amusing in equal measure, he asked himself what he would say in summary about Hong Kong’s ... ( read original story ...)
Xi Jinping to visit Hong Kong for 20th anniversary of handover
Hong Kong (CNN)Chinese President Xi Jinping will visit Hong Kong for the 20th anniversary of the city's handover to Chinese sovereignty, according to Chinese state news agency Xinhua. It will be Xi's first visit to the territory as Chinese leader ... ( read original story ...)
Hong Kong utilities’ “going out” mirrors the city’s transition since 1997
Lancaster has been based in Hong Kong working for CLP for the past 25 years. “Hong Kong is a fantastic hub for doing business ... within five hours from Hong Kong one can access almost half the world’s population,” said the Australian industry ... ( read original story ...)
Hong Kong remains in pole position for IPOs
Hong Kong has been the world’s second largest initial public offering (IPO) market by value over the past two decades, driven mainly by the listing here of a swathe of mainland companies. But there is one sector in particular that the market has largely ... ( read original story ...)