Category: FINANCE

(Bloomberg) -- Hong Kong stocks climbed, capping the biggest monthly advance since January, with Chinese investors piling into the city’s stocks amid tightening liquidity on the mainland. HSBC Holdings Plc surged to the highest since 2014 after ... ( read original story ...)

HSBC (0005) said in a filing with the Hong Kong stock exchange that it will commence the share buyback for up to US$2 billion (HK$15.6 billion) today until no later than December 31. HSBC said Credit Suisse will act as principal in conducting the share ... ( read original story ...)

HSBC has announced a $2bn share buyback in 2017 ... Mr Gulliver said that interest rates in Hong Kong were lagging behind those in the US and that he expected them to catch up in the second half of the year, generating “another great, substantial ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares headed toward 26-month highs on Tuesday, with Chinese insurers and banks driving gains as earnings expectations gather wind. The Hang Seng Index added 0.7% to 27,524.07 by midday, on course for its highest ... ( read original story ...)

a director of VC Brokerage in Hong Kong, said technology and financial stocks will continue their winning streak today as the significant overnight gain in Wall Street is likely to spill over to the bourse. “The market is now in a hot trend,” he said. ( read original story ...)

He said Hang Seng Bank would increase its dividend payment by at least HK$0.3 per share in 2017. The downside risk, Agarwal said, would be a sharp increase in bad loans in Hong Kong and mainland China. “Also, a very high interest rate increase would be ... ( read original story ...)

This close involvement could work in favor of a listing in Hong Kong, home to China’s biggest bourse that accepts IPOs by companies based in other countries. China Investment Corp., the nation’s sovereign wealth fund, could take part in an Aramco ... ( read original story ...)

Hong Kong’s financial watchdogs are toughening their language ... Recently both the HKEX and the SFC have begun acting more aggressively in individual cases to block IPOs or question capital raisings. In the past year, the two have also consulted ... ( read original story ...)

HONG KONG (Reuters) - China's second-largest mobile search engine ... Sogou declined to comment on the possible size of the IPO. Wang told Bloomberg in an interview in January that Sogou was targeting a valuation of $5 billion. Sogou merged with Tencent's ... ( read original story ...)

NEW YORK (Reuters Breakingviews) - Snap's messages may disappear, but one thing could yet endure from its calamitous initial public offering: an incentive to ... unlike big counterparts in London and Hong Kong, provide few restrictions on companies wanting ... ( read original story ...)

HONG KONG (Reuters) – China’s second-largest mobile search engine ... Sogou declined tо comment оn thе possible size оf thе IPO. Wang told Bloomberg in an interview in Januarу that Sogou was targeting a valuation оf $5 billion. ( read original story ...)

Sogou, China’s second largest mobile search engine, has filed documents for a possible initial public offering in the United States ... the report added. Hong Kong’s second-hand private residential property index rose to 336.1 in July this year ... ( read original story ...)

This close involvement could work in favour of a listing in Hong Kong, home to China’s biggest bourse that accepts IPOs by companies based in other countries. China Investment Corp, the nations sovereign wealth fund, could take part in an Aramco IPO ... ( read original story ...)

“This will be a huge opportunity for technology companies, especially those which are associated with games, to file for IPOs in Hong Kong,” he said. Within the video games sector, the global e-sport industry alone is expected to grow from roughly US$ ... ( read original story ...)