Hong Kong's Central Bank Partners on DLT Trade Finance Test

A group of six banks and a global auditing firm have completed a new blockchain trade finance test focused on the Hong Kong market. Revealed today, the group includes participation from the Hong Kong Monetary Authority (the region's de facto central bank ... ( read original story ...)

BOC Aviation buys two Boeing aircraft for $758 mln

HONG KONG BOC Aviation Ltd said on Friday it bought two Boeing 747-8 freighter aircraft for an aggregate list price of $758.2 million, as the aircraft lessor aims to build its balance sheet by investing in modern and in-demand aircraft. BOC Aviation said ... ( read original story ...)

Hong Kong, mainland stocks close lower on liquidity concerns

The Hang Seng Index slipped amid fluctuating trade ... a 0.4 per cent rise in profit to 278.2 billion yuan after the Hong Kong market closed on Thursday. Another heavyweight Chinese lender Bank of Communications slipped 0.5 per cent to close at HK$6.06. ( read original story ...)

Hong Kong shares fall, weighed by financials, Tencent

SHANGHAI, March 30 (Reuters) - Hong Kong stocks fell on Thursday, weighed by financials and index heavyweight Tencent, with weakness in mainland stocks also hurting sentiment. The benchmark Hang Seng index dropped 0.4 percent to 24,301.09 points, while the ... ( read original story ...)

Hong Kong stocks retreat; Tencent pulls back from record high

Hong Kong stocks erased opening gains and edged lower in Thursday’s early trading, after US markets closed mixed overnight in the wake of hawkish comments from Federal Reserve speakers. The Hang Seng Index ... car maker Tesla. Bank of China dropped ... ( read original story ...)

Vacancies at Hong Kong’s ‘big five’ banks up 43%

Employment opportunities at Hong Kong’s top five banks—Bank of China, Bank of East Asia, Hang Seng Bank, HSBC, and Standard Chartered—surged 43% over the past year, according to recruiters. The de facto ‘big five’ banks collectively advertised ... ( read original story ...)