For Antony Shaw, Hong Kong-based head of institutional and wealth sales at HSBC, the twin themes of regulatory change and stubbornly low global yields have been the driving forces behind the firm's business. "It was an interesting 12 months for us ... ( read original story ...)
HSBC shares directionless in Hong Kong
HONG KONG -- Shares of HSBC Holdings lacked direction in Wednesday trading here, torn between jitters about its U.K. assets and expectations for long-term growth. The British banking giant's shares moved around the previous day's close of 58.750 Hong Kong ... ( read original story ...)
Hong Kong securities watchdog continues crackdown
The Hong Kong Securities and Futures Commission (SFC) has banned Chen Chia Hui, a former employee of HSBC, from re-entering the industry for life following her conviction for bribery. The Hong Kong Securities and Futures Commission (SFC) has banned Chen ... ( read original story ...)
SFC bans a former employee of HSBC for life
The Securities and Futures Commission (SFC) has banned Ms Chen Chia Hui, a former employee of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for life following her conviction for bribery. The District Court ... ( read original story ...)
The refusal of banks to confront the Hong Kong gov’t on equal rights amounts to galling hypocrisy
Hong Kong can either join the fight or be left behind at a cost to its reputation and—yes, as the city’s banker-hypocrites discovered—its bottom line. There is a reason the likes of HSBC and Goldman Sachs have been in the forefront of hiring LGBT ... ( read original story ...)
Hong Kong and Japan take Asia Rugby Sevens top honours
The regional title secures Hong Kong's place in the HSBC World Rugby Sevens Series qualifier to be played as part of next April's Cathay Pacific/HSBC Hong Kong Sevens. Sri Lanka will also compete for a core team place on the series, having finished second ... ( read original story ...)
Hong Kong Knows More About Money, but France Is Better at Managing It
When it comes to abstract financial concepts, people in Hong Kong know their stuff. It’s the French, however, who rank highest in the world on their overall skill with money, according to an almost-global study released Wednesday by the Organization for ... ( read original story ...)
Has Singapore beaten Hong Kong in the race to becoming Asia's financial centre?
Its financial services account to only 12% of the GDP. The consensus is that New York remains the financial capital of the western world. While the 2008 Great Financial Crash saw many major US banks totter on the brink of collapse, they have been able to ... ( read original story ...)
‘No plan’ to quit before budget, Hong Kong finance chief says, keeping tight-lipped about joining chief executive race
Hong Kong’s Financial Secretary remained tight-lipped on his possible candidacy in the coming chief executive race, refusing to be pinned down on whether he would quit before or after delivering the budget. Speaking to reporters ahead of a two-week trip ... ( read original story ...)
Hong Kong’s path to tech hub status is through attracting talent, says former financial secretary
In the race to develop Hong Kong into a technology hub, attracting top talent should take precedence over capital which is already abundant in the city, Antony Leung, former financial secretary of Hong Kong and chairman of Nan Fung Group, said on Wednesday ... ( read original story ...)
Alibaba's financial arm eyes $10b Hong Kong IPO for 2017: Report
Ant Financial is already in talks with the same sponsor team that dealt with parent Alibaba's listing affairs in the United States two years ago, according to a Hong Kong Economic Times report on Thursday, citing unnamed sources close to the matter. ( read original story ...)