Category: FINANCE

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 ...)

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 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 ...

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 ...)

"Hui Fung" is, of course, the commonly known Chinese name for HSBC - Hong Kong's largest bank. The rationale is that HSBC is known to have the tradition of delighting its shareholders with a fat final dividend payout to usher in each New Year. That "bonus ... ( read original story ...)

head of China and Hong Kong equity strategy for HSBC. It has 385 consumption-related companies, accounting for 57 per cent of the listed companies in this industry, and 196 information technology (IT) firms, comprising 78 per cent of the industry. ( read original story ...)

On 3 October 2016, the Directors of HSBC Holdings plc declared the third interim dividend for 2016 of US$0.10 per ordinary share. The dividend is payable on 6 December 2016 to holders of record on 21 October 2016 on the Principal Register in the United ... ( read original story ...)

Although there were mixed influences on the Hang Seng index on Friday ... alleviated concerns surrounding Hong Kong competitiveness to some extent. The yuan maintained a firmer tone on the day with the People’s Bank of China (PBOC) measures to tighten ... ( read original story ...)

Worried about your Hong Kong banking bonus? You probably should be. http://news.efinancialcareers.com/hk-en/266679/unhappy-headhunter-asia/ Bonuses for 2016 will be worse than last year at global banks in Hong Kong, but money is still being ringfenced to ... ( read original story ...)

A former financial minister for Hong Kong has identified the “ability to unite Hong Kong” as a key attribute for the leader who should govern the city in the next five years. Antony Leung Kam-chung, who previously described Financial Secretary John ... ( read original story ...)

Nov.30 -- Hong Kong developer stocks have gone from being the top performers to the worst, slammed by home price curbs and the expectation of rate hikes following Donald Trump’s win in the U.S. presidential election. Bloomberg's Kana Nishizawa reports on ... ( read original story ...)

The clean-up is mainly focussed on problematic clients in the Asian financial hubs of Singapore and Hong Kong, which manage more than $1 trillion of managed assets combined. Bankers expect a new round of consolidation among small wealth managers ... ( read original story ...)

Dec.01 -- China will waive capital-gains taxes for foreign investors trading through the Shenzhen-Hong Kong exchange link, providing clarity ahead of the connect’s start on Dec. 5. Bloomberg's Sam Mamudi reports on "Bloomberg Markets." ( read original story ...)

Hong Kong stocks headed for a weekly drop ahead of the release of U.S. jobs data and Italy’s weekend referendum. Casino companies led declines on the index, while technology shares retreated following ... ( read original story ...)