The Hang Seng ... Agricultural Bank of China has the shortest asset duration, which means it can roll over its short-term assets and invest at higher interest rates. Goldman also likes ICBC and Postal Savings Bank of China (1658.Hong Kong). ( read original story ...)
Hong Kong Regulator Probes CCB International's IPO Work
Hong Kong’s securities regulator is investigating CCB International Holdings Ltd., the No. 2 underwriter of initial public offerings in the city last year, for its role advising a Chinese seafood supplier on now-scrapped listing plans, according to ... ( read original story ...)
Hong Kong Uber drivers found guilty of illegal car hire, latest blow to firm
HONG KONG A Hong Kong court on Friday found five Uber drivers guilty ... scrutiny as well as fierce local competition in a number of markets. It sold its China business to local rival Didi Chuxing in August 2016 after an intense two-year battle when ... ( read original story ...)
HSBC breaks with tradition, names AIA boss Tucker as chairman
HONG KONG/LONDON HSBC Holdings Plc (HSBA.L), Europe's biggest bank, tapped an outsider for its top job on Monday, appointing insurance veteran and AIA Group boss Mark Tucker as chairman to replace Douglas Flint, who said last year he planned to step down ... ( read original story ...)
HSBC Names First Outsider as Chairman
Mr. Tucker, 59, would be the first outsider to take the chairman’s role at HSBC as the bank, which is based in London but generates much of its profit in Asia, reshapes its leadership. He is expected to relocate from Hong Kong to London for the role. ( read original story ...)
HSBC's CEO is retiring next year — and it just poached an insurance CEO and Goldman board member to be chairman
HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe's biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signalled ... ( read original story ...)
HSBC unveils AIA boss as its next chairman
The appointment of Mr Tucker, a former boss of insurance giant Prudential who was also briefly the finance chief of ill-fated HBOS, was confirmed by HSBC shortly before the open of Hong Kong stock market trading late on Sunday night. The 59-year-old said ... ( read original story ...)
HSBC Names AIA Chief Mark Tucker As Chairman
HSBC (5.Hong Kong/HSBC) has named AIA Group‘s (1299.Hong Kong) CEO Mark Tucker as its next chairman. Tucker is set to begin his new role on October 1. Tucker is a good fit for HSBC, because HSBC’s business opportunities and focus are also in Asia ... ( read original story ...)
HSBC appoints insurer AIA's Tucker as chairman
HONG KONG Europe's biggest bank HSBC Holdings Plc (HSBA.L) on Monday said AIA Group Ltd (1299.HK) Chief Executive Mark Tucker had been appointed as its chairman, replacing Douglas Flint. Tucker would take over responsibility for identifying a successor to ... ( read original story ...)
Hong Kong National People’s Congress deputy refuses to tone down comments amid election threat
The Hong Kong deputy also told the Post that people close to the central government had asked him to support chief executive candidate Carrie Lam Cheng Yuet-ngor. “Judging from the backgrounds of those people, I don’t believe they were just ... ( read original story ...)
Former Hong Kong leader Tung Chee-hwa tells Beijing figures to back top job hopeful Lam after controversial hug
Tung on Saturday told a group of Hong Kong delegates to the Chinese People’s Political Consultative Conference in Beijing that Lam was the best candidate for the chief executive, according to two delegates who refused to be named. The former chief ... ( read original story ...)
Singapore, Hong Kong Property Marching in Opposite Directions
Whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased some rules in its property market, after more than three years of home price declines. Hong Kong in ... ( read original story ...)
HSBC set to nominate AIA's Tucker as next chairman – sources
LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd , to be the next chairman of Europe's biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have ... ( read original story ...)
Hong Kong start-up launches personalised bilingual books for children
Hong Kong May be a multilingual city, but finding ways to make language learning fun for kids can be a headache for parents. Local tech start-up TimTimTom.com has come to the rescue with a unique approach to children’s books that puts young readers at ... ( read original story ...)