Hong Kong’s stocks ... first time since 2015. The Hang Seng China Enterprises Index, or the H-share gauge, fell 0.7 per cent. Traders sold shares in China’s biggest state-owned banks including Industrial and Commercial Bank of China and China ... ( read original story ...)
Fosun IPO set to broaden Hong Kong equity markets
Fosun Group is on course to plant a new marker for Hong Kong’s equity markets following the launch of an initial public offering in Sisram Medical this Thursday. The IPO, which will raise up to HK$1.35 billion $174 million, is the first example of a ... ( read original story ...)
Chinese banks in Hong Kong will pay you a CASH bonus. Here’s why
http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ Want to work at a bank in Hong Kong where your bonus is paid entirely in cash and none of it is deferred, leaving you free to move jobs without sacrificing future income? ( read original story ...)
Hong Kong stocks retreat as Chinese banks under selling pressure
Hong Kong’s stock market closed the ... Wednesday for the first time since May 2015. The Hang Seng China Enterprises index slid 1.1 per cent or 124.91 points to 11,249.55. China Construction Bank slid 2.9 per cent to HK$6.82 and Bank of China fell ... ( read original story ...)
Hong Kong’s drawndown mortgage loans in July rise 1.2 pct m/m
Aug 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$32.4 billion ($4.14 billion) in July, up 1.2 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday. Following is the breakdown of data from the ... ( read original story ...)
How a high-school dropout with big ideas founded GoGoVan, Hong Kong’s first US$1bn start-up
Like all the best ideas, it started with a problem. For Steven Lam Hoi-yuen – the man who would go on to co-found Hong Kong’s first US$1 billion start-up – that problem was the difficulty of trying to find delivery vans. The year was 2010, and a ... ( read original story ...)
A senior HSBC trader has just joined BNP Paribas in Hong Kong
BNP Paribas has poached a senior credit trader from HSBC in Hong Kong as its global hiring drive in credit reaches Asia. http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ BNP Paribas has poached a senior credit trader from HSBC ... ( read original story ...)
New rules, tech are dimming Hong Kong’s signature neon glow
For Hong Kong's famed neon lights, the future looks dim. Neon-lit signs were once ubiquitous here, illuminating city streets with their soft, warm glow and giving the dynamic Asian city a signature look to match its postwar economic boom. Tens of thousands ... ( read original story ...)
Hurricane Harvey’s lesson for Canadian real estate: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... they know they will have to find more cash to pay their monthly mortgage payments. The alternative is they will lose their ... ( read original story ...)
Learning from Harvey as OSFI plans to squeeze the froth out of housing: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... they know they will have to find more cash to pay their monthly mortgage payments. The alternative is they will lose their ... ( read original story ...)
Hang Seng Index closes above 28,000 for first time since May 2015 as Shimao, Sunac surge
Hong Kong’s Hang Seng Index closed above the 28,000 level for the first ... The interim report is due Thursday. Industrial and Commercial Bank of China rose 1.5 per cent to HK$6.02. The nation’s biggest lender by assets said after the market closed ... ( read original story ...)
Hong Kong businessman and socialite David Tang dies at 63
HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)
BOC Hong Kong : 2017 Interim Report (non-printed version)
The Group's profit attributable to the equity holders in the first half of 2017 amounted to HK$17,216 million. Profit attributable to the equity holders from continuing operations increased by 24.5% year-on-year to HK$14,627 million. Profit attributable to ... ( read original story ...)
BOC Hong Kong : 1st Half Net Profit HK$17.22 Billion
HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) Wednesday reported its first-half net profit fell to 17.22 billion Hong Kong dollars (US$2.2 billion) from HK$42.84 billion a year earlier, as earnings in the previous year were ... ( read original story ...)