Category: FINANCE

HONG KONG (Reuters) - Hong Kong’s securities regulator is probing “substandard work” done by 15 firms in their roles as sponsors for initial public offerings (IPO) in the Asian financial hub, a senior official said on Wednesday. Speaking at the ... ( read original story ...)

HSBC Holdings PLC (HSBC, HSBA.LN, 0005.HK) and Total SA (TOT, FP.FR) were among those with ADRs that traded actively. HSBC shares have benefited from the company's international exposure following the U.K.'s vote to leave the European Union, though ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares revisited a near 10-year high on Tuesday, paced by gains for HSBC Holdings and developers as mainland investors continued to pour money into the local market. The Hang Seng Index added 0.6% to 28,490.83 ... ( read original story ...)

10/09 HSBC: Transaction in own shares 9 October 2017 - Announcement made to the HK st.. 10/09 HSBC: Director/PDMR Shareholding - Paulo Maia - Announcement made to the HK sto.. 10/09 HSBC: Director/PDMR Shareholding - Paulo Maia (2-page PDF 144KB) ( read original story ...)

HIGHLIGHTS * BME : RBC raises to sector perform from underperform * HSBC Holdings Plc : Credit Suisse cuts to underperform ... HSBC Holdings Plc : Credit Suisse raises target price to HK$62.90 from HK$61.00‍ * HSBC Holdings Plc : Credit Suisse ... ( read original story ...)

Hong Kong is a well-known international financial centre, and financial technology is one of the major trends affecting the global financial community. Two weeks ago, the Hong Kong Monetary Authority outlined a plan to launch an enhanced fintech supervisor ... ( read original story ...)

(Incorporated in Hong Kong with limited liability) The Board is pleased to announce that on 10 October 2017, the Loan Agreement was entered into between Global Wealth Finance as lender and the Borrower as borrower pursuant to which, Global Wealth Finance ... ( read original story ...)

* ‍Entered facility agreement with China Development Bank Hong Kong for HK$300 million and HK$200 million term loans Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

Baidu-owned iQIYI has indicated that it will seek a U.S. share listing with a possible value of $8 billion. Moving in the opposite direction, STX Entertainment is looking at a listing in Hong Kong. ( read original story ...)

IDC Financial Insights unveiled a list of 10 fast growing fintechs in Hong Kong as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground ... ( read original story ...)

Hong Kong financial regulators are seeking to introduce an identification program for investors trading stocks on the mainland, the Financial Times (FT) reported, citing an HKSAR legislator. The proposed regulation will require investors to register their ... ( read original story ...)

The huge success of an online insurer’s recent initial public offering (IPO) in Hong Kong is likely to lure more mainland and regional industry peers in search of funding, according to analysts. Shares in ZhongAn Online Property & Casualty Insurance ... ( read original story ...)

BOC Hong Kong fell 0.39 percent, New World Development dipped 0.35 percent and Hong Kong & China Gas was unchanged. The lead from Wall Street suggests mild consolidation as stocks showed a lack of direction on Monday before ending slightly lower. ( read original story ...)

Larry Hu, chief China economist at Macquarie Securities in Hong Kong, said the PBOC had been held hostage to the market’s view that a broad reserve ratio cut equated to loosening, making the central bank reluctant to use the tool. Hu said there were good ... ( read original story ...)