Hong Kong Bank Stock Could Return Over 20%

Since Election Day, Bank of America shares (ticker: BAC) have jumped 33%. Those of BOC Hong Kong (2388.HK), which is majority-owned by Bank of China (3988.HK), are up 13% since then. That could be a buying opportunity. ( read original story ...)

HSBC to launch P2P mobile wallet

Hongkong and Shanghai Banking Corporation is expected to launch a mobile wallet next week to take part in the emerging P2P payment market, local media reports.PayMe from HSBC, the P2P mobile app that could bundle a Visa or MasterCard credit card ... ( read original story ...)

Chinese financial firms grab bigger share of Hong Kong IPO deals

Foreign investment banks are facing more difficulties in winning initial public offering deals in Hong Kong amid the rise of smaller mainland Chinese and local rivals as well as the scarcity of big IPOs in the city. In 2016, Morgan Stanley saw its number ... ( read original story ...)