WeLab Holdings Ltd., which filed an application in July to list on the Hong Kong stock exchange, will postpone its $500 million initial public offering, according to people with knowledge of the matte... ( read original story ...)
Hong Kong stocks edge higher in slightly thin trade
HONG KONG, Dec 28 (Reuters) - Hong Kong stocks inched higher in ... The sub-index of the Hang Seng tracking energy shares eased 0.4 percent, the IT sector was flat, the financial sector ended 0.1 perc... ( read original story ...)
Hong Kong tracks Fed hike but local banks stay put
However, the city's largest banks, HSBC, BOC Hong Kong and Standard Chartered, left their prime lending rates unchanged. "From a monetary policy perspective, banks should probably hike with the Fed. I... ( read original story ...)
DBS Vickers to transfer Hong Kong retail brokerage clients to sister bank
For more the four decades, the Vickers name has been associated with retail investing in Hong Kong. On Monday, that time will pass. The change comes after DBS Group, the Singapore financial services c... ( read original story ...)
Hong Kong Watchdog Fines JPMorgan Over Money Laundering Controls
JPMorgan Hong Kong violated six provisions of the rules between April 2012 and February 2014, the HKMA said in a statement Friday. The bank didn’t conduct relevant customer due diligence and handled w... ( read original story ...)
HKMA fines JPMorgan Hong Kong branch over anti-money laundering lapses
The HKMA also ordered the Hong Kong unit of the U.S. bank to have an independent external adviser prepare a report into whether its remedial measures were sufficient to address the “contraventions and ... ( read original story ...)
Hong Kong’s Insurance Party Keeps Rocking
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
Anchors Aweigh: Hong Kong Boat-Dwellers Face Eviction With Nowhere to Go
To survive in Hong Kong, considered by many to be the world’s least affordable housing market, takes either a great deal of money or a great deal of ingenuity. That’s why one eclectic group of ... ( read original story ...)
Hong Kong shares flat at lunch break after Wall Street’s wild session overnight
The property developer announced on Thursday that it will spend HK$21.5 billion (US$2.74 billion) to acquire local insurer FTLife Insurance as it seeks to diversify business, in the biggest ever insur... ( read original story ...)
Central-Wan Chai Bypass in Hong Kong to open on January 20 after decade of delays and cost overruns
The much awaited HK$36 billion (US$4.6 billion) Central-Wan Chai Bypass in Hong Kong will open to traffic on January 20 next year after 10 years of construction plagued by delays and cost overruns. Th... ( read original story ...)
Has the Chinese property developer gold rush ended in HK?
China Overseas Land and Investment has snapped up the last piece of Hong Kong government land this year as it took a second bite of the cherry at the old Kai Tak Airport. The top mainland property dev... ( read original story ...)
Hang Seng Bank spreads Christmas joy among schoolchildren at HKSKH Kowloon City Children and Youth Integrated Service Centre
Volunteers from a bank brought festive cheer to 50 primary school students when they visited them at a children’s centre in Kowloon. The visitors, from Hang Seng Bank, spread some Christmas joy among ... ( read original story ...)
Separating self-financing arms from public universities will help, not hurt them, Hong Kong education task force says
A task force appointed by the Hong Kong government to review the private tertiary sector has dismissed concerns from the self-financing arms of publicly funded universities that their branding and app... ( read original story ...)
Hong Kong business women due in Dar early 2019
A delegation of Hong Kong business women will visit the country early next year to scout for investment opportunities in travel and tourism industry but also other areas. TTB’s Chairman, Thomas Mihayo ... ( read original story ...)