HSBC Holdings and an asset management unit of Bank of China were the among the first to complete trades using the scheme. The launch of the connection was timed to coincide with the 20th anniversary of Hong Kong's handover to Chinese rule and trading will ... ( read original story ...)
HSBC completes first trade on Hong Kong-China bond connect scheme
HONG KONG HSBC Holdings (HSBA.L) said it had completed its first trade on the long-awaited Hong Kong-China bond connect scheme, which went live on Monday. The scheme links China's $9 trillion bond market with overseas investors, the latest step in the ... ( read original story ...)
Hong Kong People Use Mobile Devices as the New Way of Payment
Visa partners with HSBC in offering attractive RewardCash to all HSBC Visa cardholders in Hong Kong HONG KONG/PRNewswire/ -- In a city of hustle and bustle, smartphones are indispensable to Hong Kong people with hectic schedules as they bring efficiency to ... ( read original story ...)
Gaming firm Razer seeks to raise over $600M in Hong Kong IPO
Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities. The U.S.-based company, which traces its origins back to Singapore, filed initial paperwork on Friday. ( read original story ...)
Hong Kong was supposed to be a world financial capital in a communist system. Contradiction?
From the beginning, the idea that capitalist Hong Kong could remain a thriving, prosperous city under Communist China may have been a tale doomed to an unhappy ending. But as this city marks the 20th anniversary of its return to China’s control after 156 ... ( read original story ...)
Asia share sales on growth path, Hong Kong to reclaim top spot in IPO rankings
HONG KONG Share sales in Asia ex-Japan have picked up pace this year and are set to rise sharply in the coming months, with $10 billion listings from two Chinese firms expected to reinstate Hong Kong as the world's top IPO destination, bankers and analysts ... ( read original story ...)
HK’s BOC Aviation buys four Boeing aircraft for $1.08 billion
HONG KONG BOC Aviation Ltd (2588.HK) said on Friday it would buy four new aircraft from Boeing Co (BA.N) for an aggregate list price of $1.08 billion, as the aircraft lessor builds its balance sheet by investing in modern, efficient and in-demand aircraft. ( read original story ...)