In recent years, Hong Kong’s banking industry has focused on business expansion in the Guangdong-Hong Kong-Macao Bay Area as well as fintech innovation. Bank of China (Hong Kong) (BOCHK) implements th... ( read original story ...)
Hong Kong receives 80 per cent of China’s outbound property investment in second quarter
China’s financial tightening has crippled outbound real estate investment this year to its lowest level since 2015, even as investment towards Hong Kong outperformed and the city emerged as the only b... ( read original story ...)
This Biotech Just Had a $903 Million IPO—And It’s Disappointed
BeiGene, which debuted to a $158 million public offering on the NASDAQ back in 2016, just had its secondary IPO on the Hong Kong exchange HKEX. It raised a whopping $903 million, according to Reuters, ... ( read original story ...)
Comparing HANG SENG Bk Lt/S (HSNGY) and HDFC Bank (HDB)
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institution... ( read original story ...)
Chong Sing seeks Hong Kong virtual bank licence, targets AI-backed wealth services
Chong Sing Holdings FinTech, an online lending and payment operator that has been focusing on China and Southeast Asia, will apply for a virtual banking licence in Hong Kong as it seeks to expand into ... ( read original story ...)
Hong Kong insurance market lures well-educated mainland Chinese
HONG KONG (Reuters) - May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insura... ( read original story ...)
China’s property outbound investment in first-half hits lowest since 2015: property consultancy
HONG KONG (Reuters) - China’s real estate outbound investment in the first six months fell to its lowest level since 2015, property consultancy firm Cushman & Wakefield (CWK.N) said in a report, mainl... ( read original story ...)
Hong Kong stocks fall to 10-month low on latest trade fears
Hong Kong stocks fell to a 10-month low on Thursday after President Donald Trump instructed his trade tsar to consider increasing the proposed tariffs on some $200bn in annual imports from China. Mr T... ( read original story ...)
BRIEF-Hong Kong Finance Investment Holding Group Post HY Profit From Cont Ops HK$3.27 Bln
July 31 (Reuters) - Hong Kong Finance Investment Holding Group Ltd: * HY PROFIT FROM CONTINUING OPERATIONS HK$3.27 BILLION VERSUS HK$115.7 MILLION * HY REVENUE FROM CONTINUING OPERATIONS HK$137.6 MILL... ( read original story ...)
Giant Telecom IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
Giant Telecoms IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
China Tower raises $6.9 billion in world’s largest IPO in two years: sources
HONG KONG (Reuters/IFR) - China Tower Corp Ltd (0788.HK) has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal sai... ( read original story ...)
Commentary: Once the Pearl of the Orient, Hong Kong poised to regain its shine
The pace of innovation in Hong Kong’s banking sector has ramped up and the wider adoption of FinTech may help the Pearl of the Orient shine brightly once again, says one observer. Bubbles are seen in ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower
Hong Kong stocks opened lower on Tuesday, following a negative lead from Wall Street as US tech equities tumbled and amid trepidation ahead of key central bank meetings this week. In early trading, th... ( read original story ...)