Dec 29 (Reuters) - Hong Kong stocks closed higher for their fifth consecutive session on Friday, bringing the Hang Seng’s gains this year to 36 ... Postal Savings Bank of China Co Ltd which fell 1.0 percent and China Pacific Insurance Group Co Ltd ... ( read original story ...)
BOC Hong Kong : Completion of Connected Transactions in relation to the Transfer of the Philippines Business and the Vietnam Business
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for ... ( read original story ...)
Investment banks in Hong Kong are hiring again, but are there enough bankers?
This optimism is a marked change from attitudes 15 months ago. Hong Kong faces more elite banking job cuts, with Goldman Sachs axing about 100 posts In September 2016, Goldman Sachs laid of nearly 30 per cent of its investment banking staff in Hong Kong ... ( read original story ...)
Hong Kong property market shatters price records for 13th straight month
HONG KONG (Reuters) - Hong Kong’s private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year. Private home prices ... ( read original story ...)
SCB enters into comprehensive cooperation deal with Hong Kong Huarong Financial
With this cooperation, SCB and Hong Kong Huarong Financial will support each other in all operational aspects such as investment, finance management, partner introduction, search and implementation of investment projects. Especially, with strong financial ... ( read original story ...)
Hong Kong lawyers ‘appalled’ by move to enforce China law in rail station
HONG KONG (Reuters) - An association representing Hong Kong barristers said it was “appalled” by the Chinese parliament’s move to enforce mainland laws inside a Hong Kong railway station, denouncing it as the most retrograde step since the 1997 handover. ( read original story ...)
Hong Kong Hang Seng gains 0.07%
The Hang Seng finished slightly higher on Wednesday as gains from the oil companies and properties were offset by weakness from the insurance companies and casinos. In Hong Kong, the sub-index of the Hang Seng index tracking energy shares dipped 0.3 ... ( read original story ...)
Hong Kong’s Hang Seng Index nears 30,000 on year’s final trading day
HONG KONG (Nikkei Markets) -- Hong Kong shares advanced on Friday, with gains in mainland companies and casino operators propelling the city's main gauge closer to the 30,000 mark. The Hang Seng Index had risen 0.4% to 29,969.51 by the noon lunchbreak. ( read original story ...)
Hong Kong Bar Association ‘appalled’ by approval of joint checkpoint plan, saying it ‘irreparably’ breaches Basic Law
Hong Kong’s Bar Association was “appalled” by a decision made by China’s top legislative body on a joint checkpoint plan for a cross-border rail link, saying the move was the most retrograde step since 1997, with the city’s mini-constitution ... ( read original story ...)
Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi
HONG KONG (Reuters) - Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city’s worst year for raising ... ( read original story ...)
Debts lurking in China’s shadow banking system
SHANGHAI/BEIJING/HONG KONG: In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a special deal to ... ( read original story ...)
New wave of Cambodian domestic helpers ‘know risks’ that come with working in Hong Kong
“They are really smart to understand Hong Kong law and [how it can protect them],” Fung said. “It is good for them to know about this, so they can spread the news to Cambodia and more [helpers] will feel confident about coming to Hong Kong. ( read original story ...)
New reign set at BOC unit
But the Chinese-language Apple Daily reported that Gao would become the new head of BOC Hong Kong.... BOC Hong Kong's (2388) 60-year-old chief executive Yue Yi will soon retire, and Bank of China's (3988) executive vice president Gao Yingxin is reportedly ... ( read original story ...)
Hong Kong stocks rise as oil-price surge boosts PetroChina and CNOOC
Hong Kong stocks rose on Wednesday when trading resumed after the Christmas break, as a rally in oil producers countered losses in smartphone suppliers. The Hang Seng Index advanced ... Co propelled China Construction Bank Corporation to as much as HK$ ... ( read original story ...)