Category: FINANCE

The Hang Seng Index reclaimed the psychologically important 24,000 ... “The Hong Kong dollar has been weak lately. Although the Hibor [Hong Kong Inter-bank Offered Rate] hasn’t spiked yet, foreign funds are leaving Hong Kong, which is not a good ... ( read original story ...)

HONG KONG/RIYADH/DUBAI (Reuters ... Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country - the second biggest consumer of oil globally - seeks to secure crude supplies, but have not commented on ... ( read original story ...)

HONG KONG Chinese dissident artist Ai Weiwei said on Wednesday global banking giant HSBC Holdings Plc refused to open a personal bank account for him in Hong Kong for what he assumed were political reasons, a conjecture the bank dismissed. The burly ... ( read original story ...)

According to the requirement of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules''), the above resolution will be voted on by poll and the Controlling Shareholder of the Company and its ... ( read original story ...)

DISSIDENT Chinese artist Ai Weiwei poked fun at Hong Kong’s autonomy from mainland China after he was denied his request to open a bank account with HSBC while at the bank’s headquarters in Hong Kong on Tuesday. Poking fun at the “One country, two ... ( read original story ...)

Former Hong Kong financial secretary Antony Leung Kam-chung says he has high hopes that the next government can achieve much under a new leader. “I feel hopeful about the new government. I think the government under Ms Carrie Lam Cheng Yuet-ngor’s ... ( read original story ...)

The Hang Seng Index closed 1.4 per cent or 337.1 points down at 23,924.5, catching up with the losses in the mainland market on Friday and Monday when the Hong Kong market was closed ... that the branch had forged bank notes worth 3 billion yuan (US$ ... ( read original story ...)

(The following statement was released by the rating agency) TAIPEI/HONG KONG, April 09 (Fitch) Fitch Ratings has today assigned Bank of China Ltd.'s (BOC) proposed long-term notes issued under its medium-term note (MTN) programme an expected Long-Term ... ( read original story ...)

Chinese artist and activist Ai Weiwei says that HSBC has turned down his request to open a bank account in Hong Kong. “I’m in Hong Kong, trying to open an account at HSBC,” wrote Ai on Instagram on Tuesday. “My request was refused due to a ... ( read original story ...)

One of the world's largest banking and financial services organisations, the Hongkong and Shanghai Banking Corporation (HSBC) is working to develop infrastructure in markets where it operates. HSBC's export and specialised finance team arranges export ... ( read original story ...)

How Hong Kong bankers work the room. http://news.efinancialcareers.com/hk-en/214166/10-tips-to-make-recruiters-chase-you-with-brand-new-banking-jobs/ Banks in Hong Kong are in cost control mode – they are trimming bonuses and cutting senior roles. ( read original story ...)

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)

Hong Kong stocks swung from gains to losses in early trading on Tuesday, as investors returned from the Easter holiday break. The Hang Seng Index opened slightly higher but soon reversed direction, tumbling 0.5 per cent or 111.81 points to 24,149.85 ... ( read original story ...)

Financial services firms comprise of the weakest performers, with Fukuoka Financial Group (-1.68%), Chiba Bank Ltd (-1.56%), and Concordia Financial Group (-1.52%) registering sharp declines. Hong Kong: Hang Seng-Down by 0.21% to 24,261.66 Computer ... ( read original story ...)