The Hong Kong Stock Exchange recorded HK$286.5bn ($36.6bn) in funds raised last year, an impressive 123% jump from 2017, to overtake the New York Stock Exchange. That may be cause for some celebration ... ( read original story ...)
Hong Kong Plunges in Year’s First Session
Markets in Japan were shut down for the day, as were indexes in New Zealand In Hong Kong, the Hang Seng Index tumbled ... Australia and New Zealand Banking Group dropped 2.5%, Commonwealth Bank of Aus... ( read original story ...)
The six most popular career changes in Asian banking for 2019
Recruiters in Singapore and Hong Kong say they have noticed an uptick in candidates contacting them about shifting into new parts of the banking sector. This is, of course, far from ... ( read original story ...)
HKMA Slaps $1.6M Fine on JPMorgan Hong Kong over AML Breaches
fine on JPMorgan Chase & Co’s Hong Kong branch and reprimanded it over lapses in the bank’s money laundering and terrorist financing rules, between April 2012 and February 2014. An HKMA investigation ... ( read original story ...)
SMEs expected to dominate Hong Kong IPO in 2019
PwC expects Hong Kong market will be dominated by small and medium size IPOs in 2019, with an expected total fundraising between HK$200 billion to 220 billion supported by a healthy pipeline of over 2... ( read original story ...)
China Tobacco’s IPO Will Be Far From Smoking Hot
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 ...)
Hong Kong gov’t bid to redevelop Fanling course ‘absurd’ says golf alliance convener
Hong Kong business will be harmed if the government takes back Fanling golf course for housing development, said the convener of a group of golf players, calling the proposal “absurd.” A partial devel... ( read original story ...)
Overseas unit of China’s cigarette monopoly files for Hong Kong IPO
HONG KONG (Reuters) - China Tobacco International, the overseas subsidiary of China’s state-owned tobacco monopoly and the world’s largest tobacco producer by volume, has filed for a Hong Kong ... ( read original story ...)
Hong Kong Has a $64 Billion Plan to Build Islands for New Homes
Hong Kong, the world’s least affordable property market, has a plan to tackle its housing crisis: build four artificial islands equal to about a fifth the size of Manhattan that could house more than ... ( read original story ...)
Hong Kong Stocks Have the Worst Start to a Year Since 1995
To contact Bloomberg News staff for this story: David Watkins in Hong Kong at dwatkins19@bloomberg.net;Amanda Wang in Shanghai at twang234@bloomberg.net To contact the editors responsible for this ... ( read original story ...)
Hong Kong Stocks Have Worst Start Since 1995 as China Woes Deepen
This year is looking no kinder to China bulls than 2018. Hong Kong equities suffered their worst first day of trading since 1995, while Chinese stock gauges fell below major support levels, suggesting ... ( read original story ...)
HSBC ups deposit rates
The bank said the three and six-month HK dollar and US dollar time deposit rates for HSBC Premier, Advance and Personal Integrated Account customers remain unchanged. The one-month HIBOR was at 2.24 p... ( read original story ...)
Hong Kong leads Asia markets rout in sour start to 2019
HONG KONG: Asian markets plunged Wednesday, starting the new year by extending a slide that made 2018 the worst in a decade, as fresh data reinforced worries about the stuttering Chinese economy. With ... ( read original story ...)
IPO investors in Hong Kong hit hard in 2019
Forget the dream of many in Hong Kong for the city to become the world's top center for initial public offerings (IPOs). Given the ramifications of the trade war, maybe it is more important that ... ( read original story ...)