Category: FINANCE

The Hong Kong Rugby Union today announced the increase from HK$1,800 for this year’s event. The world-renowned Cathay Pacific/HSBC Hong Kong Sevens will be held on April 6-8 next year. The extra revenue will swell the union’s coffers by up to HK$6 ... ( read original story ...)

HSBC’s shares have risen 49 per cent in the past year, as of its close at HK$76.7 on Tuesday. HSBC, the biggest lender in Hong Kong and Europe, is expected to report a 17 per cent year on year rise in unadjusted net profit growth in the second quarter to ... ( read original story ...

the Hongkong and Shanghai Banking Corporation (HSBC), the Standard Chartered Bank, and the Bank of China. The notes share identical colors between the three banks, but the designs are noticeably different. Now, let’s presume you find yourself in Hong ... ( read original story ...)

The Hong Kong Rugby Union has confirmed that ticket prices for the world-renowned Cathay Pacific/HSBC Hong Kong Sevens will increase for the first time since 2014. Starting in 2018, prices will be increased by approximately 8% or HK$50 dollars each day ... ( read original story ...)

Hong Kong’s Hang Seng Index briefly topped the 27,000 level ... The banking giant is scheduled to release interim results next Monday. Hang Seng Bank briefly hit 10-year high at HK$166.6. It traded at HK$165.5 at 10.15am, slightly down from Tuesday ... ( read original story ...)

The rapid development of fintech solutions for fund management and distribution in mainland China contrasts with the traditional approach maintained by many fund managers in Hong Kong. While the city is bidding to become a fintech hub, asset managers ... ( read original story ...)

Most sectors lost ground in the morning, with real estate and material shares leading the decline, while gains were seen in banking plays. Hong Kong's benchmark Hang Seng index was marginally lower at 26,816.93 around mid-day as losses in energy and telco ... ( read original story ...)

Hong Kong’s stock exchange has rejected the application for a ... The exchange in June sent back the IPO application of AMTD Strategic Capital Group, which was filed the previous month, deeming it to be “substantially incomplete” without elaborating ... ( read original story ...)

HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking ... One of the sources said Pactera could see a $200 million pre-IPO funding round close in the third quarter, adding Goldman bankers had spoken to several Chinese institutional investors. ( read original story ...)

Strix Group plc, the maker of kettle safety controls and water temperature components, is planning an initial public offering on London's junior market ... Strix, which has manufacturing operations in the UK , Hong Kong and China, last year reported ... ( read original story ...)

HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking ... One of the sources said Pactera could see a $200 million pre-IPO funding round close in the third quarter, adding Goldman bankers had spoken to Chinese institutional investors. ( read original story ...)

HONG KONG (Reuters) – HNA Group ... One оf thе sources said Pactera could see a $200 million pre-IPO funding round close in thе third quarter, adding Goldman bankers had spoken tо Chinese institutional investors. Some global private equitу firms ... ( read original story ...)

In its 2015 IPO prospectus, Hong Kong-listed Bank of Jinzhou revealed that it had $440m in exposure to Hanergy debt. In a series of reports before the 2015 crash, the Financial Times detailed Hanergy’s reliance on shadow financing and the unusual ... ( read original story ...)

It’s a business model that’s remained largely unchanged throughout the years, even as Expedia, Inc. acquired a stake in Trivago in 2012, and even when Trivago had its initial public offering (IPO ... RISE Conference in Hong Kong last July 11 to ... ( read original story ...)