The projected lower bound is: 21,839.86. The projected closing price is: 22,480.46. HANG SENG/Hong Kong INDEX closed down -59.270 at 22,505.551. Volume was 3% below average (neutral) and Bollinger Bands were 33% narrower than normal. HANG SENG INDEX is ... ( read original story ...)
Konka Group and HSBC become the first shares exchanged via Shenzhen-Hong Kong stock connect
The Shenzhen and Hong Kong Stock Connect made a historic debut on Monday, as HSBC and Konka Group became the first shares to be exchanged over the cross-border trading platform. The trading connect scheme, which links China’s southern most stock exchange ... ( read original story ...)
InterContinental Grand Stanford Hong Kong Voted World's Leading Luxury Business Hotel
HONG KONG, Dec. 5, 2016 /CNW/ -- InterContinental Grand Stanford Hong Kong has won the attention of the world elites at the World Travel Awards (WTA) Grand Final Gala Ceremony 2016 held in Maldives, garnering the biggest recognition as World's Leading ... ( read original story ...)
Shenzhen – Hong Kong trading scheme kicks off
Media captionOverseas investors will have access to 900 Shenzhen-listed firms. Investors in Hong Kong can buy stocks on the Shenzhen Stock Exchange and vice-versa from today, following the official launch of the Shenzhen - Hong Kong trading link. ( read original story ...)
HSBC to accelerate hiring in China next year, defying challenges
[HONG KONG] HSBC Holdings Plc plans to step up hiring in China for its retail and wealth business next year as the UK lender persists with its expansion there despite the country's economic slowdown and measures to stem capital outflows. The bank increased ... ( read original story ...)
What’s behind the rise of Hong Kong’s boutique banking firms?
Where do you start if you want to track down Asia’s leading banking rainmakers? If you rattled off the names of Wall Street powerhouses like Goldman Sachs and JPMorgan Chase, you would be only partly correct. From Hong Kong to London, a rising number of ... ( read original story ...)
Banks offer connect deals
the Hongkong and Shanghai Banking Corporation, Hang Seng Bank as well as BOC Hong Kong (2388) and other local lenders have put out commission-free promotions for A-share purchases.HSBC is an aggressive play... Banks joined brokers to provide discounts to ... ( read original story ...)
Bank looks to spread Christmas cheer with toy collection drive for Hong Kong’s underprivileged children
Christmas is about more than receiving presents, but in an ideal world no child would wake up on December 25 without at least one gift-wrapped toy waiting under the tree. For the 19th consecutive year, Bank of America Merrill Lynch is working to help ... ( read original story ...)
Citi vs Stan Chart vs HSBC: where are their Singapore jobs?
HSBC, Standard Chartered, Citi: they are arguably three of the Western banks most entrenched in the Asian region. The first two generate most of their profits from Asia, while Citi http://news.efinancialcareers.com/sg-en/267219/citi-jobs-hong-kong/ HSBC ... ( read original story ...)
HSBC launches its first credit cards in China
Along with HSBC’s expansion in the Pearl River Delta, Hong Kong banks’ exposure in China has increased this year. Exposure to China stood at 27.6 per cent of Hong Kong’s system-wide assets at the end of June, according to figures from Fitch ... ( read original story ...)
Hong Kong in danger of losing its renowned entrepreneurial spirit
The Post recently featured a story about three young Hong Kong entrepreneurs who decided to cross the border to set up business in the Qianhai free-trade zone in Shenzhen. One of them was rejected by the entrepreneur programmes at Cyberport and Hong Kong ... ( read original story ...)
Hong Kong finance chief calls for defence of ‘core values’ after revealing he is mulling leadership run
Hong Kong finance chief John Tsang Chun-wah has said the city must defend its core values such as freedom and the rule of law, in a blog post on Sunday that read more like an election pitch as he mulls a run at the city’s top job. In his weekly blog ... ( read original ...
Vast distances and ‘terrible internet’ a part of doing business in ‘One Belt, One Road’ countries
Speaking during a panel discussion at the South China Morning Post’s China Conference in Hong Kong on Friday, Chan shared his pioneering experience by saying the priority task before doing business with countries along the trade route was to be well ... ( read original story ...)
HSBC : Statement on the Bank of England 2016 stress test results – Announcement made to the HK stock exchange (3-page PDF 157KB)
HSBC Holdings plc ('HSBC') notes the publication today of the results of the Bank of England's 2016 concurrent stress test exercise. The Bank of England's results show that, under the hypothetical stress scenario, HSBC's common equity tier 1 ('CET1') ratio ... ( read original story ...)