Category: FINANCE

China is taking another step to open up its financial markets to the world by allowing overseas investors access to China's $9.5 trillion bond market. Regulators in Hong Kong and China have approved a program that will allow investors operating in Hong ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares pulled back from 21-month highs Tuesday after a commonly-followed technical indicator suggested that the market was overbought, with Cathay Pacific Airways and Chinese financial companies pacing losses. ( read original story ...)

The Financial Services Development Council in Hong Kong has pledged its support for the local bourse to launch a third board to draw technology firms and other overseas companies to list in the city. The council, a government-appointed advisory body, in ... ( read original story ...)

A recycling company owner on Tuesday cried and apologised to a bank employee in a Hong Kong court over an attempted robbery two years ago. The alleged victim, Ng Yin-fun, recalled that a very emotional man – whom she later identified as Lau Wai-keung in ... ( read original story ...)

The pistols were each stashed in a water heater and the two parcels were consigned to Christopher Yeung of Hong Kong and a certain Lau of Ho Chi Minh, Vietnam, the BOC said. Alfonso Martin Sanchez, 21, was arrested when he asked about the status of the ... ( read original story ...)

As Osim prepares its initial public offering (IPO) in Hong Kong as V3 Group, news emerged earlier this month that Pan-United Corp is spinning off its Chinese port division for a Hong Kong listing, while LHN said it is eyeing a dual primary listing there. ( read original story ...)

The Belt-and-Road Initiative (BRI) is a visionary blueprint for global economic development while leading the global shift to a green economy. HSBC goes beyond understanding the potential opportunities which could result from the Belt-and-Road Initiative ... ( read original story ...)

priced on Friday its Hong Kong initial public offering (IPO) near the bottom of expectations, raising $230 million. The company, a unit of Bank of Communications Co Ltd (BoCom) , priced the 667 million shares on offer at HK$2.68 each, after marketing the ... ( read original story ...)

priced its Hong Kong IPO near the bottom of expectations, underscoring the tough environment for financial companies in the Asian financial hub. The company, a unit of Bank of Communications Co Ltd (BoCom) , priced the 667 million shares on offer at HK$2 ... ( read original story ...)

(The following statement was released by the rating agency) HONG KONG, May 11 (Fitch) Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of six Hong Kong banks as follows: - OCBC Wing Hang Bank Ltd (WHB) at 'A+', - Bank of China (Hong ... ( read original story ...)

(The following statement was released by the rating agency) HONG KONG, May 11 (Fitch) Fitch Ratings has affirmed Hang Seng Bank Limited's (HSB) Long-Term Issuer Default Rating (IDRs) at 'A+' with a Stable Outlook. The agency has also affirmed China ... ( read original story ...)

Housing costs are among this wealthy Asian financial centre’s biggest problems. Some 200,000 of Hong Kong’s 7.3 million residents live in “subdivided units”. That’s up 18 per cent from four years ago and includes 35,500 children aged 15 and under ... ( read original story ...)

Hong Kong stocks traded on Wednesday morning, in line with Asian equities and buoyant US markets overnight. The Hang Seng Index opened up 0.5 per cent ... saw strong trading with Industrial Commercial Bank of China gaining 1.2 per cent to HK$5.1, China ... ( read original story ...)

The Hang Seng index rose 1.3 per cent, to 24,889.03, while the China Enterprises Index gained 1.5 per cent, to 10,128.99 points. Hong Kong bucked the trend in most Asian markets on Tuesday, as investors searched for the next catalyst following France's ... ( read original story ...)