Category: FINANCE

The Hang Seng Index retreated 0.3 per cent ... The Shanghai Composite Index was little changed. Agricultural Bank of China jumped in both Hong Kong and mainland trading, after proposing what could be the nation’s biggest ever private placement of ... ( read original story ...)

The Hong Kong Rugby Union (HKRU) held the official draw for the Cathay Pacific/HSBC Hong Kong Sevens 2018 and the World Rugby Women’s Sevens Series Qualifier 2018 at Hysan Place in Causeway Bay, Hong Kong on Monday. Three separate draws were held ... ( read original story ...)

Hong Kong and China’s banking sectors are among those most vulnerable to a crisis because of rising debts, according to a report from the Bank of International Settlements. BIS, known as the central bank for central banks, found that two key indicators ... ( read original story ...)

Then there are the Stock Connect share trading links between the Hong Kong exchange and its peers in Shanghai and Shenzhen to consider, which only allow the trading of stocks listed on the major Hang Seng Indexes (again, the Hang Seng Index or Hang Seng ... ( read original story ...)

March 12 (Reuters) - Hong Kong’s benchmark stock index rose nearly 2 percent ... of foreign capital inflows and China’s economic restructuring.” ** The Hang Seng index rose 1.9 percent to 31,594.33, while the China Enterprises Index gained 2.1 ... ( read original story ...)

Last October, Reuters reported that Sinochem had hired BOC International, CLSA and Morgan Stanley to work on a possible Hong Kong listing of its key oil assets. The three banks are likely to be awarded senior roles on the IPO, according to IFR, which added ... ( read original story ...)

HONG KONG (Reuters Breakingviews) - Old IPOs are bringing new problems for UBS. Hong Kong’s securities regulator intends to suspend the Swiss bank from sponsoring local market debuts for 18 months. Fees for such advisory work may be marginal, but ... ( read original story ...)

The Hang Seng Index has rebounded 6.4 per cent from this year’s low in February, as concerns eased about faster-than-expected increases in borrowing costs. Citic Securities estimated as much as 14 per cent growth earnings increase for Hong Kong-traded ... ( read original story ...)

Heavyweight mainland financial stocks China Construction Bank (CCB) and Ping An Insurance Group rose 3.1% and 2.3%, respectively. The Hang Seng China Enterprises Index of large mainland companies listed in Hong Kong had advanced 1.8% by midday. Air China ... ( read original story ...)

Hong Kong’s index futures advanced on Monday on optimism about ... March futures contracts on the Hang Seng Index rose 1 per cent, or 315 points, to 31,311 before the spot market opens at 9:30am. The Hang Seng Index added 1.1 per cent to 30,996.21 ... ( read original story ...)

Hong Kong’s foreign exchange market, usually the least interesting financial market in the world, has been making headlines recently. You’ll be glad to know you can breathe easy. The worst that is likely to happen over the coming months in Hong Kong ... ( read original story ...)

Singapore’s reform has kickstarted interest in Asia around the availability of legal finance. Hong Kong was the first to follow, where financing provisions were already in place for insolvency cases (and certain other limited categories). After an ... ( read original story ...)

It’s not related to the economy. It’s a purely monetary phenomenon,” said Raymond Yeung, an economist at Australia & New Zealand Banking Group Ltd. in Hong Kong. “If Hong Kong rates don’t rise, it’s hard for asset prices to correct.” ( read original story ...)

The top gainers among H-shares were China Merchants Bank Co Ltd up 2.11 per cent ... trading at a premium of 29.82 per cent over the Hong Kong-listed H-shares. The price-to-earnings ratio of the Hang Seng index was 13.16 as of the last full trading ... ( read original story ...)