Hong Kong shares slipped in morning trade on Monday as profit-takers moved on following a rally at the end of last week. The Hang Seng Index fell 0.5 percent, to 23,107 after about 90 minutes of trading. But in Shanghai, the benchmark composite index was ... ( read original story ...)
Stories of HSBC lions roar to life in the bank’s latest app
Established brands are no exception. In its latest branding effort, HSBC has launched a new mobile app, “HSBC in Hong Kong: A Virtual Story”, to bring to life the history of Hong Kong and HSBC. The app uses augmented reality to show a mosaic map of ... ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Upgraded at Zacks Investment Research
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 ...)
Hong Kong Stocks Sink Most in Asia as Developers Drop With Yuan
The Hang Seng Index was the best performer in the third quarter among Asian equity benchmarks tracked by Bloomberg. “One of the factors affecting Hong Kong is the interest-rate ... The curbs came after Deutsche Bank AG warned last month that China ... ( read original story ...)
Hong Kong shares drop as southbound Stock Connect inflows fall well below daily normal
The Hang Seng Index closed down 0.60 per cent or 142.47 at ... We further expect a sharp decline in southbound flows once the Shenzhen-Hong Kong Connect opens later this year Bank of America Merrill Lynch analysts “We expect [southbound] flows to weaken ... ( read original story ...)
Hong Kong stocks fall as investors take profits after four-day gains
Consequently, HSBC fell 0.67 per cent and Standard Chartered Bank slipped 1.61 per ... inflows from the mainland to Hong Kong are the most important focus for the market going forward. In the near term, the Hang Seng will fluctuate within a range of ... ( read original story ...)
Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) has been upgraded to Hold in a report by Zacks Investment Research today.
16 shares of the stock were exchanged, down from an avg. volume of 1,546 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. ( read original story ...)
Why Mainland China Money Into Hang Seng Will Dwindle: Merrill
Bank of America Merrill Lynch‘s equity strategist David Cui, a China bear, thinks mainland Chinese investors will lose interest in the Hong Kong stock market as we approaches year-end. Readers of this blog know that the Hang Seng rally seen this year has ... ( read original story ...)
Hong Kong stocks rebound on upbeat China inflation data but China retreats
By the lunch break, both the Hang Seng index and the Hong Kong China Enterprises Index were up 0.6 percent at 23,163.80 and 9,549.40 points, respectively. Stocks in China sagged, however, as investors took profits from gains earlier in the week. ( read original story ...)
Zacks Investment Research Upgrades Hang Seng Bank Ltd. (HSNGY) to Hold
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 ...)
BOC Hong Kong : Statement on Fraudulent Website
BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is listed on the main board of the Stock Exchange of Hong Kong, with stock code "2388", ADR OTC Symbol "BHKLY". Page 1 of 1 BOC Hong Kong (Holdings) Ltd. published this content on 14 October 2016 ... ( read original story ...)
Hong Kong Property's Sweet Edge
The aggression isn't surprising, considering how much more room Hong Kong banks in general have to lend: BOC Hong Kong's loan-to-deposit ratio is 69 percent versus 93 percent for Singapore's largest lender DBS. The end game for Hong Kong and Singapore is ... ( read original story ...)
BOC Aviation to buy five planes from Air China worth US$1.5 billion at list prices
HONG KONG: Aircraft lessor BOC Aviation Ltd said on Monday it would buy five new planes from Air China , worth a combined US$1.5 billion at list prices, and would lease them back to the carrier. The Asia's second-biggest aircraft lessor, with a fleet of ... ( read original story ...)
BOC Aviation to buy five planes from Air China in lease-back deal
BOC Aviation, with the support of its ultimate parent Bank of China, likely has the necessary cash and the ambition to expand its fleet, Au said, noting that the airline group raised US$1.1 billion from its Hong Kong listing in June. Tony Li, an analyst at ... ( read original story ...)