Category: FINANCE

Although there were mixed influences on the Hang Seng index on Friday ... alleviated concerns surrounding Hong Kong competitiveness to some extent. The yuan maintained a firmer tone on the day with the People’s Bank of China (PBOC) measures to tighten ... ( read original story ...)

Worried about your Hong Kong banking bonus? You probably should be. http://news.efinancialcareers.com/hk-en/266679/unhappy-headhunter-asia/ Bonuses for 2016 will be worse than last year at global banks in Hong Kong, but money is still being ringfenced to ... ( read original story ...)

A former financial minister for Hong Kong has identified the “ability to unite Hong Kong” as a key attribute for the leader who should govern the city in the next five years. Antony Leung Kam-chung, who previously described Financial Secretary John ... ( read original story ...)

Nov.30 -- Hong Kong developer stocks have gone from being the top performers to the worst, slammed by home price curbs and the expectation of rate hikes following Donald Trump’s win in the U.S. presidential election. Bloomberg's Kana Nishizawa reports on ... ( read original story ...)

The clean-up is mainly focussed on problematic clients in the Asian financial hubs of Singapore and Hong Kong, which manage more than $1 trillion of managed assets combined. Bankers expect a new round of consolidation among small wealth managers ... ( read original story ...)

Dec.01 -- China will waive capital-gains taxes for foreign investors trading through the Shenzhen-Hong Kong exchange link, providing clarity ahead of the connect’s start on Dec. 5. Bloomberg's Sam Mamudi reports on "Bloomberg Markets." ( read original story ...)

Hong Kong stocks headed for a weekly drop ahead of the release of U.S. jobs data and Italy’s weekend referendum. Casino companies led declines on the index, while technology shares retreated following ... ( read original story ...)

The People’s Bank of China (PBOC ... the threat of higher yields in Hong Kong, which would also pose important risks to the economy, especially in the property sector. After opening slightly higher, the Hang Seng index advanced firmly during the morning ... ( read original story ...)

A decline in energy prices ahead of OPEC undermined Hong Kong stocks, but the overall tone was slightly ... a slightly weaker US currency on Tuesday providing some support. The Hang Seng index moved significantly higher at the market open, repeating ... ( read original story ...)

Bank of China (Hong Kong) ("BOCHK") today announced the launch of Blockchain technology for property valuation and completed the first case with its partnered surveyor. The new technology can speed up the valuation and loan approval processes and enhance ... ( read original story ...)

SINGAPORE/HONG KONG Standard Chartered (STAN.L) is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs. ( read original story ...)

[HONG KONG] CSC Financial Co, the Beijing-based brokerage and investment bank, and an existing shareholder are seeking as much as US$1.06 billion in a Hong Kong initial public offering. The company, formerly known as China Securities Finance Co, and the ... ( read original story ...)

... s largest bank by assets, has gained 1.9 percent in Hong Kong this year, underperforming the Hang Seng’s 4.3 percent advance. In Shanghai, the shares have lost about 1 percent. CICC’s most-recommended banks: Merchants Bank’s most-recommended banks: ( read original story ...)

The Hang Seng index rose 0.5 percent, to 22,830.57, while the China Enterprises Index gained 0.9 percent, to 9,875.54 points. Small-caps, which will be included in the Shenzhen-Hong Kong Stock Connect, were the biggest gainers, with the Hang Seng Composite ... ( read original story ...)