Category: FINANCE

Analysts believe Hong Kong can seek new growth momentum in the collaborative dynamics in the proposed hub. Ma believed Shanghai has succeeded as a financial center through integrating with the Yangtze River Delta, a key manufacturing center in eastern ... ( read original story ...)

Kirkland & Ellis senior corporate partner Dominic Tsun, who acted on a number of notable Hong Kong IPOs in recent years, has left the firm’s Hong Kong office. A Kirkland spokesperson said, “We are committed to the Hong Kong capital markets practice as ... ( read original story ...)

* Says its wholly owned HK subsidiary, plans to invest $5 million to subscribe new shares for Hospital Corporation of China Ltd 's IPO on Hong Kong Stock Exchange Source text in Chinese: goo.gl/slJOvi Further company coverage: (Beijing Headline News) ( read original story ...)

Hong Kong demands a free float of 25 per cent of a company’s equity but this is regularly waived for deals over $1bn. Last year for example, Postal Savings Bank of China floated 15 per cent to raise $7.4bn in the biggest IPO worldwide since Alibaba. ( read original story ...)

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)

Gini’s launch coincides with Hong Kong’s emergence as a Fintech player driven by Hong Kong’s robust capital markets, banking experience and the city’s gradual cultural shift from conservatism to experimentation as signaled by Hong Kong’s Monetary ... ( read original story ...)

It was almost 5pm and the Po Sang Bank branch on Shanghai Street was about to close when a man stormed in. “Lie down and don’t move,” Lee Wa-bun shouted, waving his pistol in the air. The staff froze in panic as they realised it was an armed robbery. ( read original story ...)

So you have the company setup, and now you are working on getting your bank account setup. Today, hopefully you read this article BEFORE you go in. Many entrepreneurs I work with fly into Hong Kong just to apply for the bank account, so it’s important ... ( read original story ...)

HONG KONG Chinese conglomerate HNA Group (0521.HK) would like to increase its stake of 3 percent in Germany's Deutsche Bank (DBKGn.DE), two sources with knowledge of the matter told Reuters. However, the Chinese company would have to resolve some issues ... ( read original story ...)

HONG KONG Five Hong Kong Uber drivers were found guilty of illegally using their vehicles for commercial purposes by a local court on Friday, dealing a potential blow to Uber Technologies Inc's operations in the Asian financial hub. The ruling is seen ... ( read original story ...)

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, March 09 (Fitch) Fitch Ratings has assigned a final rating of 'BBB' to China Everbright Bank, Hong Kong Branch's long-term senior unsecured USD500 million 2.5% notes due 2020 ... ( read original story ...)

Watch: HSBC’s rainbow lions cause a storm in Hong Kong The statement, jointly issued by the Equal Opportunities Commission (EOC) and Chinese University, urged the government to launch a public consultation as soon as possible as the city was losing its ... ( read original story ...)

Hong Kong has received a “record” number of applications to donate faeces for the treatment of intestinal diseases, but a researcher says more scientific work is required to determine the most suitable donors. In a month, some 10,000 applications were ... ( read original story ...)

“Would you like to take a look at our insurance or bond products?” Most Hongkongers have been asked this question when they visit the bank. The bizarre thing is, very often the question comes from the teller and not a sales manager. This is how ... ( read original story ...)