“Poverty in Hong Kong is still a very serious issue ... Explain This takes a closer look at topical issues or news of the moment and presents it in easy-to-understand summaries ( read original story ...)
Hong Kong Bourse May Turn Lower Again On Friday
Hong Kong & China Gas added 0.41 percent, Sands China gained 0.40 percent, Kunlun Energy shed 0.27 percent, BOC Hong Kong lost 0.13 percent and China Petroleum and Chemical (Sinopec) and Industrial and Commercial Bank of China were unchanged. The lead from ... ( read original story ...)
BMW prints first foreign corporate Dim Sum in two years
HONG KONG, Oct 12 (IFR) - German carmaker Bayerische Motoren Werke ... BMW's issue follows those of National Bank of Canada, Royal Bank of Canada and BOC Aviation, making the past three weeks the busiest period in two years for the Dim Sum market. ( read original story ...)
Banking it all on the old credentials
surging by more than HK$60 billion. Gao's formula is to get the bank adapt itself to the persistent fluctuations in the world financial markets, steering the company away from troubled waters into bigger non-interest-related operations to help it cope with ... ( read original story ...)
Seven elite students who’ve already been hired by major banks in Hong Kong
Chen is an incoming investment banking analyst at Nomura, having worked for the Japanese firm in Hong Kong between June and August this year. He’s also part of a growing group of mainland Chinese who have moved to Hong Kong for university and have then ... ( read original story ...)
Industrial and Commrcl Bank of China : Proxy Form for the First Extraordinary General Meeting of 2017
In such event, the instrument appointing a proxy shall be deemed to be revoked. The H share registrar of the Bank is Computershare Hong Kong Investor Services Limited, whose address is at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai ... ( read original story ...)
Industrial and Commrcl Bank of China : Circular of the First Extraordinary General Meeting of 2017
If you intend to attend the EGM in person or by proxy, you are required to complete and return the reply slip to Computershare Hong Kong Investor Services Limited or to the Bank's Board of Directors' Office on or before Thursday, 9 November 2017. ( read original story ...)
Insider John Flint to be HSBC’s new chief executive as bank looks to build on recent growth
the region of southern China across the border from Hong Kong. The strategy has started to bear fruit, and HSBC’s profits rose by 5 per cent in the first half of this year. “HSBC is a bank on the front foot and is probably ahead of other European ... ( read original story ...)
Dollar firms as bank earnings fail to excite Wall Street
Asian stocks were the session’s outperformers as Hong Kong’s Hang Seng index reached decade highs ... highs to trade 0.2 per cent lower at $1.1832 after the European Central Bank’s chief economist Peter Praet suggested a longer extension of its ... ( read original story ...)
BNM Explains Why You Can’t Afford a House
The central bank has resisted calls to loosen mortgage lending, instead saying the property ... affordability out of 18 metropolitan regions around the globe, with Hong Kong homes costing 19 times income and Beijing 14.5 times. Take a closer look at ... ( read original story ...)
The bank of the future
McKinsey's latest research reveals that at least 80 per cent ... the UK, New Zealand, Estonia, Hong Kong and Japan. As the digital future becomes inevitable, we understand that the one-size-fits-all approach in banking does not work anymore. ( read original story ...)
How Los Angeles Is the Future of Cities
Just ask Singapore, Hong Kong, or Dubai—cities that have thrived by building ... and why the U.S. economy remains so large and powerful. A McKinsey study found that 600 cities account for about 60 percent of global GDP. This city-heavy global economy ... ( read original story ...)
Housing affordability: A supply-side tool kit for cities
Research from the McKinsey Global Institute has examined the scope of the ... pedestrian-friendly cityscapes. Places such as Hong Kong and Seoul have already intensified land use around transit stops. Seoul allows floor-area ratios that are up to 20 ... ( read original story ...)
Chinese luxury customer market to hit $1 trillion RMB by 2025
In a new report from McKinsey & Company, titled ‘Chinese luxury consumers ... Shopping overseas remains a key reason to travel, as Hong Kong remains the most prominent destination, followed by South Korea. Consumers have become considerably less keen ... ( read original story ...)