Category: FINANCE

HONG KONG (Nikkei Markets) -- Hong Kong shares retreated following a choppy trading session, as losses by Chinese banks overshadowed advances by mainland infrastructure companies after authorities announced plans for a new economic zone. The Hang Seng ... ( read original story ...)

Ninety-five Chinese investors will attend the 12th ASEAN FINANCE Ministers' Investors Seminar (AFMIS)in Cebu on Thursday to explore more business opportunities in Southeast Asia, particularly in the Philipines. Bank of China (BOC), the world's fourth ... ( read original story ...)

GIFT City is likely to help attract trillions of dollars of investment into India, says top exchange BSE's CEO Ashish Chauhan who envisions Hong Kong like model for India's first global financial services centre. ( read original story ...)

A shipowner seeking finance in Hong Kong has a plethora of choices including debt financing from the many international banks with a shipping portfolio, leasing or, in the case of a public company, it may choose to issue shares or bonds. Nigel Anton ... ( read original story ...)

HONG KONG, April 3, 2017 /PRNewswire/ -- On 31 March 2017, the inaugural ceremony of HNA Innovation Finance Group ("HNA Innovation Finance") was held in Hong Kong. Attending the ceremony were leading members of the Board of HNA Group, including WANG Jian ... ( read original story ...)

The rivalry between Hong Kong and New York for global IPO supremacy may be set to intensify. Hong Kong lost its crown as the world’s No. 1 destination for initial public offerings in the first quarter as a dearth of mega-listings saw the city drop to ... ( read original story ...)

HONG KONG: HSBC has launched its voice biometric identification service in Hong Kong, following the successful launch of the functionality in the UK last year. Voice biometrics will be used as a form of verification while using phone banking services ... ( read original story ...)

After HSBC slashed 120 IT jobs last Monday, its subsidiary Hang Seng Bank is now rumoured to have cut experienced back end employees, sources report. The Hong Kong Banking Employees Association told the Oriental Daily that seven to eight back end staff ... ( read original story ...)

You’re a young Hongkonger and you want to earn big bucks in banking. These are the jobs enjoying the largest salary rises right now. http://news.efinancialcareers.com/hk-en/278403/hong-kong-bank-jobs-surge/ Are you about to graduate in Hong Kong and are ... ( read original story ...)

Hong Kong’s Mandatory Provident Fund market may see more consolidation as reforms taking effect on April 1 slash income from fees by up to 40 per cent, forcing smaller providers out of the market. From Saturday onwards, all 18 MPF providers are required ... ( read original story ...)

If you’ve just been laid off from HSBC’s Hong Kong tech team, you should try to stay in banking – even if that means retraining. http://news.efinancialcareers.com/sg-en/278578/banking-tech-cvs-stand-out/ The 120 technology staff recently laid off by ... ( read original story ...)

BOC’s Hong Kong subsidiary, Bank of China Hong Kong, more than doubled its profits in 2016 to HK$55.5 billion thanks to the HK$30 billion gain from the sale of its interest in Nanyang Commercial Bank last year. Once this and other one off elements were ... ( read original story ...)

and trade finance banks in Hong Kong have developed a distributed ledger technology (DLT) proof of concept (PoC) for trade finance. Industry participants include Bank of China (Hong Kong), the Bank of East Asia, Hang Seng Bank, HSBC and Standard Chartered ... ( read original story ...)

Guotai Junan Securities has received a relatively cautious response from retail bidders for its HK$16.47 billion initial public offering, the biggest one in Hong Kong this year. Analysts said investors are wary of Chinese brokerages as the industry is ... ( read original story ...)