HSBC Insurance, Hong Kong’s third largest insurer by gross premiums, plans to sell more products via digital channels in coming years and is now targeting a third of its new business to be delivered online by the end of next year. “When we first sold ... ( read original story ...)
Hong Kong claws back losses as US-China trade war fears ease
Hong Kong stocks clawed back earlier lost ground in a technical ... Still, it said Tencent’s investments in its mobile payments business and online video content will support the company’s long term growth. Smartphone lens maker Sunny Optical ... ( read original story ...)
In Hong Kong, a property heiress becomes accidental LGBT champion
HONG KONG (Thomson Reuters Foundation) - When Hong Kong property tycoon Cecil Chao offered $65 million to any man who could win over his lesbian daughter and make her straight, he inadvertently laid the ground for her to become one of Asia’s most ... ( read original story ...)
Fosun International and HSBC Sign Strategic Cooperation Agreement
and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of Fosun International and its subsidiaries ("Fosun"). Wang Qunbin ... ( read original story ...)
This year’s Hong Kong Sevens looms as the worst in decades but no one cares about the rugby, right?
The fans, their costumes and the party atmosphere that comes with them will be in full force at next month’s Cathay Pacific/HSBC Hong Kong Sevens, but the world’s best players will not. It doesn’t take a rocket scientist to work out scheduling the ... ( read original story ...)
How prestigious California university Berkeley put Hong Kong Sevens hopeful on track for his ‘everything’
The United States are running rampant on the Sevens World Series and Russ Webb hopes his five years in American rugby heartland has laid the foundation for his Cathay Pacific/HSBC Hong Kong Sevens debut. The 24-year-old returned to Hong Kong in 2017 after ... ( read original story ...)
HK rate cuts poised to fuel homebuying frenzy
Hong Kong's two biggest lenders - HSBC and Bank of China (Hong Kong) - have further squeezed their margins on mortgage loans to compete for market share, setting off another round of industry-wide rate cuts that can further heighten the property market craze. ( read original story ...)
Rugby: Fiji’s Jerry Tuwai and All Black Tim Mikkelson invite all to watch the HSBC Singapore 7s
SINGAPORE - Following the Apr 6-8 Hong Kong leg, the HSBC Singapore Rugby Sevens returns to the National Stadium from April 28-29. Fiji Sevens back Jerry Tuwai and All Blacks sevens wing Tim Mikkelson each have a video message inviting rugby enthusiasts to ... ( read original story ...)
Nei Ho from Xero Hong Kong
Xero is officially expanding our presence to Hong Kong today, and we are thrilled to be calling this colourful and diverse concrete jungle our second home in Asia! Following the establishment of two monumental partnerships with HSBC and DBS in Hong Kong ... ( read original story ...)
Property price rises and stocks create a million millionaires in Hong Kong
Out of a total population of around 7.36 million, around one in seven people in Hong Kong is now a millionaire, and property is the main investment vehicle. Rising property prices as well as growing stock markets have both contributed to the increase in ... ( read original story ...)
Banking royal commission has an impact in Hong Kong
Global equity investors have questioned CEOs of the big four about the impact the banking royal commission will have on compliance and regulatory costs. David Rowe The Hayne royal commission muscled its way into Asia's biggest investment conference in Hong ... ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
https://news.efinancialcareers.com/hk-en/304695/julia-raiskin-citi/ It’s the post-bonus hiring season and if you’re looking for a banking job in Singapore or Hong Kong, Citi may well be on your radar right now. Asia is one of Citi’s fastest growing ... ( read original story ...)
Hong Kong investors stake HK$170 million as they roll the dice on coach trips to Macau using new bridge
Hong Kong investors are splashing some HK$170 million (US$22 million) on new fleets of coaches to ply the Hong Kong-Zhuhai-Macau bridge, in what could be a gamble aimed at winning a bigger slice of the market for travel to the casino city. But Macau’s ... ( read original story ...)
Hong Kong families lose appeal against immigration rule denying stay of loved ones in city
The future of three Hong Kong-based families was thrown into limbo on Monday, after a court rejected their appeal against a decision by the Immigration Department that disallowed their loved ones to continue staying in the city. The affected people are ... ( read original story ...)