Axis Bank (2.23 percent) and ONGC (1.20 percent ... The Shanghai Composite Index fell 0.9 percent to 3,110.15 and Hong Kong's Hang Seng retreated 0.3 percent to 21,574.76. Sydney's S&P-ASX 200 was off 0.3 percent to 5,627.90 and Seoul's Kospi declined ... ( read original story ...)
China shares edge weaker in thin holiday trade
Metal shares fell in China with the benchmark Shanghai Composite Index down 1.08% at 31076.92, while Hong Kong 's Hang Seng Index traded 0.28% lower at 21574.76. As well, the yuan was up against the dollar after the People's Bank of China set a stronger ... ( read original story ...)
Domestic markets end bearish; Nifty at 7-month low
Top losers in the Sensex-30 pack: Cipla (down 2.6 per cent), Axis Bank (down 2.2 per cent), ICICI Bank (down ... While Japanese financial markets were closed today for a public holiday, Hong Kong's Hang Seng fell 0.28 per cent and Shanghai Composite ... ( read original story ...)
Weak global markets pull JSE down
The Hang ... Seng closed 0.28% down and the Shanghai composite was nearly a percent off. Tokyo did not trade‚ because of a public holiday. In Europe‚ the FTSE 100 was 0.32% stronger‚ outpacing marginal increases in the DAX 30 and the CAC 40. Deutsche ... ( read original story ...)
Hong Kong’s SFC Warns Against William Paulstern
Hong Kong’s financial regulator helps keep investors informed by drawing attention to suspicious operations and unregulated entities that market participants should abstain from doing business with. The Alert List contains entities which have come to the ... ( read original story ...)
Hang Seng Posts Fresh 4-Month Low, Mainland Concerns Persist
The Bank of Japan decision to hold policy unchanged helped support the Nikkei index, but there was little positive impact on the Hong Kong market, especially as the dollar strengthened. The Hang Seng index opened higher, but there was no evidence of ... ( read original story ...)
Hong Kong to retain IPO crown — for now
HONG KONG -- Hong Kong is poised to become the world's largest initial public offering hub for the second consecutive year in 2016. But the absence of heavyweight candidates and high valuations offered in China's domestic A-share markets might strip the ... ( read original story ...)
BOC Hong Kong to Sell 70.49% Stake in Chiyu Bank for HK$7.69 Billion
BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) has agreed to sell its stake in a small lender in Hong Kong for 7.69 billion Hong Kong dollars ($991.2 million), as it seeks to focus on its core businesses. The Hong Kong-listed unit of state ... ( read original story ...)
I moved to Hong Kong and landed my first job in finance. This MBA got me there
How did Singaporean Jasmine Chua get her first job in Hong Kong financial services? It was all about doing the right MBA. In 2015 Jasmine Chua faced a career-defining decision: would she carry on rising up the ranks in Singapore’s public sector, or leave ... ( read original story ...)
Hong Kong leader says will not run for re-election
HONG KONG Hong Kong leader Leung Chun-ying said on Friday he will not stand for re-election in a 2017 vote for chief executive for family reasons, in a surprise announcement that throws open the race to run the financial hub. Leung has been backed by the ... ( read original story ...)
Sun Life Financial Inc (NYSE:SLF) Downgrade
Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda.” ( read original story ...)
From IBM To JP Morgan: Where Is The Talent Moving In Hong Kong's Job Market?
and the institution that provides the most liquidity to Hong Kong’s talent pool, it is HSBC that leads the way. Not only do they employ over 30,000 people themselves, but they are the most active contributor in terms of talent movement amongst some of ... ( read original story ...)
Hong Kong stocks end morning lower after Dow fails again to touch 20,000
Chinese insurance giant Ping An Insurance dropped 1.17 per cent to HK$38.15. Hong Kong-based Hang Seng Bank declined 1.17 per cent to HK$143.70. Li & Fung, the world’s top supplier of clothes and toys to retailers, declined 3 per cent to HK$3.52. ( read original story ...)
HSBC’s rainbow lions: Can we have our homophobia back please?
became chief executive of HSBC UK. Why has the Hong Kong branch of the bank entered, so late, the controversial area of trumpeting gay rights? Could it be to distract us from its recent role as one of the biggest sinners in the banking business? ( read original story ...)