Category: FINANCE

HONG KONG May 29 Hong Kong stocks edged up on Monday ... stake in the supermarket chain operator to a unit of Alibaba Group Holding Ltd. Hong Kong financial markets will be closed for a holiday on Tuesday. Mainland markets will be closed again, and ... ( read original story ...)

The increase will come into effect on 5 June. The bank said it will continue to closely monitor the market situation and employ ( read original story ...)

has invited investment banks to pitch for a role in a Hong Kong IPO worth up to $10 billion, IFR reported on Monday. The IPO would take place in late 2017 or early 2018, said IFR, a Thomson Reuters publication, citing people close to the deal. China Unicom ... ( read original story ...)

HONG KONG Hong Kong's latest attempt at cooling home prices in one of the world's most expensive property markets is expected to send buyers scouring for loans in the unregulated shadow banking industry, spreading risk across the financial sector. ( read original story ...)

SkyMart in Terminal 1 has the usual swank array of luxury brands such as Prada, Jimmy Choo, Burberry and an outlet for Hong Kong's very own Shanghai Tang ... along Des Voeux Road until you get to the Hang Seng Bank, take the Mid-Levels escalator up ... ( read original story ...)

Hong Kong's Hang Seng dipped less than 0.1 percent to 25,619.42 and the Shanghai Composite index in mainland China climbed 0.3 percent higher to 3,117.47. Australia's S&P/ASX 200 lost 0.8 percent to 5,7474.80. Taiwan's benchmark fell and indexes in ... ( read original story ...)

The Nikkei 225 deducted 14.05 points, or 0.1% to 19,869.85 Hong Kong’s Hang Seng Index gained 215.25 points, or 0.9%, to 25,371.59 Japanese conglomerate Toshiba reported a 950-billion-yen net loss for the last financial year. The results were not audited. ( read original story ...)