Category: FINANCE

"EXTRAORDINARY AND OUTSTANDING" Beijing's support means former Hong Kong civil service head Carrie Lam is tipped as the favorite in the contest despite losing popularity polls to an ex-colleague, former Financial Secretary John Tsang. Tsang had previously ... ( read original story ...)

Hong Kong based cryptocurrencies exchange Bitfinex has added support for trading on the privacy-focused cryptocurrency Dash. The venue now enables traders to buy and sell Dash for USD and bitcoin (DASH/BTC and DASH/USD). Dash VP of Business Development ... ( read original story ...)

China stocks rose on Monday morning as investors piled into technology shares after Premier Li Keqiang identified innovation as a key part of the economy's restructuring at the annual opening of the country's parliament. ( read original story ...)

Hong Kong closed marginally higher with the almost-certain prospect ... must remain alert to bad loans and shadow banking and erect a “firewall” against financial risks. “But overall there was little surprise,” analyst Hannah Li said. ( read original story ...)

(Bloomberg) -- Shum Chiu Hung, chairman of Chinese developer Times Property Holdings Ltd., has advice for those dismayed at record land bids in Hong Kong by mainland firms: “Get used to it.” Chinese developers have dominated Hong Kong’s land sales ... ( read original story ...)

Hong Kong's Retail Banking - Competitive Dynamics; is an exhaustive research report outlaying Retail Banking Scenario in Hong Kong. The report provides year on year statistics on Retail Deposits, Mortgage and Loan Outstanding balances, and Credit Card ... ( read original story ...)

This according to Charles Li Xiaojia, the chief executive of Hong Kong Exchanges and Clearing ... which is not entirely an arm’s length financial arrangement. HKEX to launch new board consultation in first half after 2016 profits fall on shrinking ... ( read original story ...)

In Hong Kong, fears have grown that Beijing is increasingly interfering in the governance of the semi-autonomous financial hub, sparking calls by some activists for self-determination or even independence. Such calls have riled Beijing, and Li shut down ... ( read original story ...)

This brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to $3 billion, following two listings of $1 billion each in 2014 and 2015. The new listing strengthens Dubai’s position as the world ... ( read original story ...)

the world largest bank by assets, was down 1.6 per cent to HK$4.9. Emerging markets including Hong Kong are likely to see capital outflows when the dollar becomes stronger Castor Pang Wai-sen, Core Pacific Yamaichi The Hang Seng and H-share Indices will be ... ( read original story ...)

Feb 24 Hong Kong stocks fell for a second day on Friday, as resource firms were hit by weak commodities markets in China and a sharp drop in money inflows from Shanghai. The benchmark Hang Seng index dropped 0.6 percent, to 23,965.70, while the Hong Kong ... ( read original story ...)

Bank of the Ozarks added $1.09 ... Earlier in Asia, Japan's Nikkei 225 index fell 0.5 per cent , while South Korea's Kospi sank 1.1 per cent . Hong Kong's Hang Seng index lost 0.7 per cent . Energy futures rose. Benchmark U.S. crude gained 72 cents ... ( read original story ...)

U.S. jobless claims fell to the lowest level in decades last week, strengthening the belief that the central bank is moving closer to achieving ... Korea's Kospi sank 1.1 percent to 2,078.75. Hong Kong's Hang Seng index lost 0.7 percent to 23,552.72 ... ( read original story ...)

... increase in the Hang Seng Index. To contact the reporter on this story: Frederik Balfour in Hong Kong at fbalfour@bloomberg.net. To contact the editors responsible for this story: Sree Vidya Bhaktavatsalam at sbhaktavatsa@bloomberg.net, Darren Boey ( read original story ...)