Hang Seng Bank kicks off Qianhai venture Hang Seng Bank profits down 60% due to trading slump Hang Seng Bank Posted Solid 2016 Results Hong Kong Hang Seng Up 0.15% On Wall Street Cues Overall, the bias in prices is: Upwards. Short term: Prices are stalling. ( read original story ...)
BOC Aviation lands $500m from tight bond
By Addison Gong 12:00 PM Following a roadshow in Singapore and Hong Kong, —/A-/A- rated BOC Aviation opened books for its first dollar bond of the year on Wednesday morning local time. Joint global co-ordinators BOC International, Citi, DBS, Goldman ... ( read original story ...)
Hong Kong central bank unveils fresh measures to check property price surge
HONG KONG Hong Kong's central bank on Friday announced a fresh set of measures to cool a property market on fire. Norman Chan, the head of Hong Kong's de facto central bank, the Hong Kong Monetary Authority said the fresh measures include raising the risk ... ( read original story ...)
Seven of Hong Kong’s hottest banking technology jobs
This is one of the only Hong Kong-based graduate technology jobs you can apply for now at a major bank (and not have to wait until the autumn campus hiring season kicks off). SocGen has no yearly application deadline for its Asian traineeships. You’ll be ... ( read original story ...)
China-Hong Kong bond trading scheme approved by regulators
China is taking another step to open up its financial markets to the world by allowing overseas investors access to China's $9.5 trillion bond market. Regulators in Hong Kong and China have approved a program that will allow investors operating in Hong ... ( read original story ...)
Hong Kong shares retreat after overbought signal as financials drop
HONG KONG (Nikkei Markets) -- Hong Kong shares pulled back from 21-month highs Tuesday after a commonly-followed technical indicator suggested that the market was overbought, with Cathay Pacific Airways and Chinese financial companies pacing losses. ( read original story ...)
Hong Kong financial body pledges support for third board and green finance
The Financial Services Development Council in Hong Kong has pledged its support for the local bourse to launch a third board to draw technology firms and other overseas companies to list in the city. The council, a government-appointed advisory body, in ... ( read original story ...)
Hong Kong bank employee gets apology in court from tearful man charged with attempted robbery
A recycling company owner on Tuesday cried and apologised to a bank employee in a Hong Kong court over an attempted robbery two years ago. The alleged victim, Ng Yin-fun, recalled that a very emotional man – whom she later identified as Lau Wai-keung in ... ( read original story ...)
BOC intercepts smuggled gun parts
The pistols were each stashed in a water heater and the two parcels were consigned to Christopher Yeung of Hong Kong and a certain Lau of Ho Chi Minh, Vietnam, the BOC said. Alfonso Martin Sanchez, 21, was arrested when he asked about the status of the ... ( read original story ...)
Number of Singapore companies exploring HK IPO 'doubled'
As Osim prepares its initial public offering (IPO) in Hong Kong as V3 Group, news emerged earlier this month that Pan-United Corp is spinning off its Chinese port division for a Hong Kong listing, while LHN said it is eyeing a dual primary listing there. ( read original story ...)
HSBC powers a tram shelter in Hong Kong with solar panels
The Belt-and-Road Initiative (BRI) is a visionary blueprint for global economic development while leading the global shift to a green economy. HSBC goes beyond understanding the potential opportunities which could result from the Belt-and-Road Initiative ... ( read original story ...)
BOCOM International prices HK IPO near bottom, raising $230 mln
priced on Friday its Hong Kong initial public offering (IPO) near the bottom of expectations, raising $230 million. The company, a unit of Bank of Communications Co Ltd (BoCom) , priced the 667 million shares on offer at HK$2.68 each, after marketing the ... ( read original story ...)
UPDATE 1-BOCOM International prices HK IPO near bottom, raising $230 mln
priced its Hong Kong IPO near the bottom of expectations, underscoring the tough environment for financial companies in the Asian financial hub. The company, a unit of Bank of Communications Co Ltd (BoCom) , priced the 667 million shares on offer at HK$2 ... ( read original story ...)
Fitch Affirms 6 Hong Kong Banks; Positive Outlook on OCBC Wing Hang Bank
(The following statement was released by the rating agency) HONG KONG, May 11 (Fitch) Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of six Hong Kong banks as follows: - OCBC Wing Hang Bank Ltd (WHB) at 'A+', - Bank of China (Hong ... ( read original story ...)