Lenovo Is Dropped From Hong Kong’s Hang Seng Index

The outlook for Lenovo Group Ltd. shareholders is looking grimmer after the stock was dropped from Hong Kong’s benchmark stock gauge. The Beijing-based company will be replaced by CSPC Pharmaceutical Group Ltd., as part of Hang Seng Indexes Co.’s ... ( read original story ...)

Hong Kong regulators fine Citigroup over mishandled IPO

Pedestrians cross a road in front of a Citigroup Inc. Citibank branch in the central business district of Hong Kong. Hong Kong’s securities regulator on Thursday fined an Asian unit of Citigroup Inc. C, -1.27% 57 million Hong Kong dollars (US$7.26 ... ( read original story ...)

Citigroup fined €6.16m in Hong Kong

Citigroup was fined 57 million Hong Kong dollars (€6.16 million) by Hong Kong’s Securities and Futures Commission (SFC) for the bank’s actions around the listing application of an initial public offering (IPO). The US bank was also reprimanded for ... ( read original story ...)

Hong Kong faces challenge in how to manage its ageing population

The business performance of SEs that did not receive government ... A study on the SE sector in Hong Kong found that privately-owned SEs tend to find it difficult obtaining financial, marketing and human-resource support. There is an urgent need to build ... ( read original story ...)