HONG KONG -- Kelvin Lam, an economist in Hong Kong, recently started job-hunting after resigning from a well-known foreign investment bank. The 40-year-old wants a position where he can write ... ( read original story ...)
Hong Kong Pension System Charges Premiums for Cheap Index Funds
High fees are also one reason individuals have largely avoided putting in more than they’re required, according to the review by the Hong Kong Financial Services Development Council. The study ... ( read original story ...)
Hong Kong Banks’ Biggest Threat Could End Up Saving Them
While my colleague Nisha Gopalan and I remain skeptical about the impact of branchless, internet-only banks, the city’s established lenders like HSBC, BOC Hong Kong (Holdings) Ltd., Standard Chartered ... ( read original story ...)
Monetary authority seeks to keep Hong Kong at cutting edge of tech, regulatory developments, launches Academy of Finance
The academy, first mentioned by Financial Secretary Paul Chan Mo-po in his budget in February 2018, will invite about 100 top executives from Hong Kong’s banking, finance and insurance industries to ... ( read original story ...)
World’s Largest Trailer Maker Inches Closer To A Hong Kong IPO
CIMC Vehicles, the world's largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong ... ( read original story ...)
Protesters urge discussion of Hong Kong issue at G20 summit
"We urge the British side to immediately stop interfering in Hong Kong affairs and China's internal affairs in any way." Associated Press video journalists Dake Kang and Raf Wober and news assistant ... ( read original story ...)
Academy of Finance established
Financial Secretary Paul Chan: It was in the 2018-19 Budget that I announced the plan for an academy of finance to be set up by the Hong Kong Monetary Authority (HKMA). The HKMA has completed the task ... ( read original story ...)
HSBC, BOC remove fees for small accounts in HK, a credit negative
The Hongkong and Shanghai Banking Corporation Limited (HSBC HK) and Bank of China (Hong Kong) Limited (BOC HK) recently announced that they would no longer charge certain fees on personal saving ... ( read original story ...)
Why Hong Kong’s Protesters Are Turning to G20 Leaders for Help
President Trump has expressed sympathy for the Hong Kong protesters, but not offered to take up their cause at the summit, where he is expected to meet with Mr. Xi to discuss trade. Image Carrie Lam ... ( read original story ...)
Chinese budget retailer eyes HK for US$1b IPO
Also, Tasly Biopharmaceuticals, a biopharma unit of Shanghai-listed Tasly Pharmaceutical Group, plans to raise about US$500 million from a Hong Kong IPO, according to Reuters IFR. Meanwhile, Ernst & ... ( read original story ...)
Hang Seng barely moves, China Merchants Bank rebounds
Hong Kong blue chips barely moved at the close today. The benchmark Hang Seng Index inched up by a mere 0.13 percent, or 36 points at 28,221.98.Shares in China Merchants Bank (3968) rebounded by 0.26 ... ( read original story ...)
Sanctioned bank shares take further hit in Shanghai, HK
Shares in three big Chinese banks extended their drop today, after a U.S. media report suggested they could face fallout from an investigation into North Korean sanctions violations.China Merchants ... ( read original story ...)
Protesters urge discussion of Hong Kong issues at G-20
Hong Kong activists opposed to contentious extradition legislation on Wednesday called on leaders of the U.S., the European Union and others to raise the issue with Chinese President Xi Jinping at ... ( read original story ...)
Hong Kong court throws out ex-leader’s misconduct conviction
HONG KONG -- A Hong Kong court on Wednesday threw out former Chief Executive Donald Tsang's conviction for misconduct relating to a property deal while in office. Tsang was released in January after ... ( read original story ...)