Category: FINANCE

The Hang Seng Index rose 1.3 per cent or 316.5 points ... Bank of Communications added 2.9 per cent to HK$6.1 while Agricultural Bank of China jumped 2.3 per cent to HK$3.6. Hong Kong local property developers were also among the big winners. ( read original story ...)

HONG KONG HSBC Holdings Plc (HSBA.L) has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Aramco IPO-ARMO.SE, expected to be the world's largest ever IPO, HSBC's chief executive said on Monday. ( read original story ...)

Many cities lay claim to being important financial centers, but two metropolises are usually seen vying for the title of Asia's most important financial hub: It's Hong Kong versus Singapore. Singapore is a gateway to Southeast Asia and is seen as a wealth ... ( read original story ...)

Nicholas Johnson, J.P. Morgan, says there is a slate of exciting opportunities coming to the Hong Kong issuance market in the second half of the year. Bloomberg 3:06 ( read original story ...)

Hong Kong’s finance chief suggested that living in the “Greater Bay Area”, where property prices are much cheaper than those in the city, and commuting to Hong Kong for work was an option many people could consider. Financial Secretary Paul Chan Mo ... ( read original story ...)

The government has warned that Hong Kong risks a massive loss of economic benefits if lawmakers fail to pass a HK$5.45 billion funding application for a revamp of the Disneyland theme park. In a desperate attempt to press for Finance Committee endorsement ... ( read original story ...)

In the first quarter of 2017, the Group's operation progressed steadily as planned. The Group focused on 4G business and stepped up the transformation of its marketing model. It accelerated migration of 2G/3G subscribers to 4G. Meanwhile, the Group also ... ( read original story ...)