Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)
Honda Aircraft Company Expands HondaJet Sales to China, Hong Kong and Macau
Hong Kong and Macau. "The HondaJet has been received with tremendous interest in and around China and we have appointed Honsan General Aviation HondaJet as a dealer in the region. With its strong focus on quality and customer service, Honsan General ... ( read original story ...)
Financial Services Quarterly Report – Third Quarter 2017: Hong Kong SFC Issues Clarification on Standards Expected of Asset Managers
The Hong Kong Securities and Futures Commission (SFC) recently released a circular outlining its views on how asset managers should address certain conflicts of interest between private funds and separately managed accounts and avoid practices that ... ( read original story ...)
Chinese Consumer Credit Provider Qudian Aims For $769 Million IPO
The IPO represents a BUY opportunity for investors who want to ... Mr. Yeung also currently serves as a director of Bumps to Babes Limited, a baby and maternity retail store chain in Hong Kong. Prior to joining Qudian, Mr. Yeung was a co-founder of ... ( read original story ...)
Tencent unit plans IPO
As of the end of last year, China Literature had 5.3 million writers and 8.4 million literary works. If China Literature's Hong Kong IPO plan materializes, it intends to use the IPO net proceeds to expand its online reading business, specifically its share ... ( read original story ...)
A New Skipper for HSBC’s $2.5-Trillion Ship?
Had China or Hong Kong's economy taken a downward turn, there might have been less enthusiasm for a known quantity at the tiller. Obviously, with so much expectation baked into HSBC's shares, as well as the buyback bonanza, any incoming management team ... ( read original story ...)
Hong Kong parents splurge the most on studies
Parents in hong Kong spend more on their children's education than any other country in the world, a new study by HSBC has shown (www.hsbc.com/ news-and-insight/media-resources/ media-releases/2017/the-value-of- education-higher-and-higher). Between ... ( read original story ...)
Marriott International Launches Club Marriott — The Largest Culinary Loyalty Program in Hong Kong, Bringing Benefits That Go Beyond Dining
HONG KONG, CHINA--(Marketwired - Oct 9, 2017) - Marriott International ( NASDAQ : MAR ) has launched the new Club Marriott in Hong Kong, a leading dining loyalty program that integrates three powerful dining loyalty programs -- Club Marriott, Eat Drink ... ( read original story ...)
Nurturing Hong Kong’s Next FinTech Generation
HONG KONG, CHINA--(Marketwired - Oct 9 ... start-ups that are developing solutions across Data Analytics & Machine Learning, Commerce & Payments, Financial Technology, Marketing & Customer Experience and Security & Enterprise IT. "We were pleased to ... ( read original story ...)
Bank of China (Hong Kong) Limited celebrates centennial of service
The Bank of China (Hong Kong) Limited will issue 5 million $100 commemorative bank notes to celebrate the 100th anniversary of its “service to Hong Kong,” with three options available. Images courtesy of Bank of China (Hong Kong) Limited. Among the ... ( read original story ...)
Enhancing HK’s competitiveness
Net interest margin has also seen improvement. Pre-tax operating profits of the banking industry have grown by over 18% over the same period last year. I am happy to see that while banks in Hong Kong are making decent profits, they are at the same time ... ( read original story ...)
Hong Kong Pact on Listing Policy — WSJ
Hong Kong's unwillingness to admit such companies cost it the IPO of e-commerce giant Alibaba Group Holding Ltd., which listed in New York in 2014. Hong Kong's market has suffered several dramatic share plunges this year, often with no apparent cause. ( read original story ...)
China Mobile (Hong Kong) Ltd. (CHL) Holdings Decreased by Fmr LLC
gained 0.17 percent and BOC Hong Kong was unchanged. A group of Hong Kong football fans have booed their national anthem - which the territory shares with mainland China - during a friendly match with Laos, reported BBC. Parallel Advisors LLC now owns ... ( read original story ...)
Speech by FS at Hong Kong Association of Banks luncheon (English only) (with photo/video)
It's a pleasure to be here today. My thanks to the Hong Kong Association of Banks for giving me this welcome opportunity to speak to the institutions and the professionals who have made banking and finance one of Hong Kong's great assets. Our ticket to the ... ( read original story ...)