Category: FINANCE

Hong Kong’s benchmark Hang Seng Index and mainland China stocks closed moderately lower on Tuesday as the Chinese central bank maintained its tighter liquidity stance and investors remained cautious amid global uncertainties. The Hang Seng Index edged ... ( read original story ...)

Despite a 26% plunge in money raised in Hong Kong offerings, the city maintained the top spot for global IPOs in 2016. But as new economy companies look to go public, many are shying away from Hong Kong. Reuters correspondent Pamela Ambler finds out what's ... ( read original story ...)

However, the SFC said that the cloned firm is not located in Hong Kong although it is using the details of an authorised firm in the U.K.. A brief review of the FXjupiter’s website reveals that it offers investment services on a wide range of financial ... ( read original story ...)

Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the ... ( read original story ...)

In early 2016, the abduction of five Hong Kong booksellers by mainland Chinese security agents raised questions about the former British colony's future as a bastion of free speech. Now, the latest apparent snatching of a Chinese billionaire, Xiao Jianhua ... ( read original story ...)

Hsbc Holdings PLC increased its stake in China Unicom (Hong Kong) Ltd (NYSE:CHU) by 590.8% during the third quarter, Holdings Channel reports. The fund owned 76,359 shares of the company’s stock after buying an additional 65,306 shares during the period. ( read original story ...)

The new financial secretary was urged to make long-term investments and provide one-off relief measures for the city’s needy in his budget as the fiscal surplus looks set to exceed HK$75 billion. Paul Chan Mo-po – who took up the post last month after ... ( read original story ...)

Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the ... ( read original story ...)

The financial technology company would join other technology startups planning Hong Kong listings this year, including Lufax, China's biggest peer-to-peer lending and wealth management platform, which plans a $5 billion IPO. (Reporting by Fiona Lau of IFR ... ( read original story ...)

HONG KONG Amid fierce competition to lure tech company listings, Hong Kong's sole stock exchange is considering launching a new board for issues with weighted voting rights, a controversial stock model that regulators shot down in 2015. Hong Kong Exchanges ... ( read original story ...)

The Hang Seng China Enterprises Index, or the H-share index, dropped 0.48 per cent or 47.44 points to 9,756.61. Chan Ka-keung, Hong Kong’s Secretary for Financial ... a foreign exchange strategist for Mizuho Bank. “The US dollar’s path this year ... ( read original story ...)

In this Dec. 2013 file photo, Xiao Jianhua, a Chinese-born Canadian billionaire reads a book outside International Finance Centre in Hong Kong. HONG KONG-- Mystery surrounds the whereabouts of a Chinese-born Canadian billionaire reportedly taken away from ... ( read original story ...)

BOC Hong Kong (2388) will waive charges for electronic fund transfers to other local banks starting from February 20.Personal customers are to be exempted from the HK$30 per transaction fee, joining customers at other leading lenders like HSBC, Standard ... ( read original story ...)

Since Election Day, Bank of America shares (ticker: BAC) have jumped 33%. Those of BOC Hong Kong (2388.HK), which is majority-owned by Bank of China (3988.HK), are up 13% since then. That could be a buying opportunity. ( read original story ...)