Hong Kong’s securities regulator may have failed to win public support for a larger oversight role in the city’s stock listings, but that doesn’t mean it’s backing down. The Securities and Futures Commission is seen pushing ahead with efforts to ... ( read original story ...)
Start-ups from Hong Kong Science Park demonstrate innovative solutions at TechCrunch Disrupt SF 2017
SAN FRANCISCO, Sept. 15, 2017 /PRNewswire/ Hong Kong Science and Technology Parks Corporation ("HKSTP") is proud to showcase a range of pragmatic disruptive technologies from Hong Kong start-ups at TechCrunch Disrupt SF 2017. From supporting key business ... ( read original story ...)
The Hong Kong Housing Market: A Bubble About to Burst?
However, low-interest rates and reduced credit underwriting standards have encouraged mortgages, fueling demand. Currently, at this stage of Hong Kong’s economic environment, many critics predict the bursting of the housing bubble as prices continue to ... ( read original story ...)
Chinese insurer’s US$1.5 billion Hong Kong IPO could put city back on map for tech share offers
A planned US$1.5 billion share offer in Hong Kong by Chinese online insurance broker ZhongAn Online P&C Insurance, the largest ever by a fintech company in the city, could help Hong Kong improve its attractiveness as a destination for technology initial ... ( read original story ...)
Shares in Hong Kong and Singapore banks draw investor interest as prospects improve
Investor interest in Hong Kong and Singapore bank shares has revived thanks to better fundamentals for the sector as well as improving fortunes at a number of individual banks, but analysts said caution was necessary as there may be limited room for ... ( read original story ...)
Hong Kong launches HK$2 billion fund to support tech start-ups
Hong Kong has launched a HK$2 billion (US$256 million) fund to encourage investment in local innovation and technology start-ups, in an effort to boost new economic activity. The government said on Friday it is inviting venture capital funds to apply to ... ( read original story ...)
Hong Kong’s cross-border connection paves way for major IPOs
“Hong Kong had a pipeline of more than 170 IPO applications by the end of August,” Au says. “In addition, plans for about two to three large to mega IPOs mainly by technology-related businesses are likely to be completed before the end of 201 ( read original story ...)
Hong Kong’s top ten skyscrapers
Hong Kong has more skyscrapers than any other city in the world ... Bank of China Tower While the BOC Tower is often criticised for bringing bad luck due to its likeness to a knife, it’s still one of the most eyecatching buildings in our skyline. ( read original story ...)
“Chinese banks dominate Hong Kong hiring. There’s no debate now”
Chinese banks in Hong Kong dominate the job market like never before ... There’s simply no debate: from BoC to ICBC, Chinese banks now dominate available job vacancies. But there’s a problem. Bringing the people they want on board still ... ( read original story ...)
Hong Kong Shares May Find Support On Friday
BOC Hong Kong and Kunlun Energy both added 0.13 percent and Belle International was unchanged. The lead from Wall Street is unclear as stocks moved in opposite directions on Thursday - eventually finishing mixed, with the Dow hitting a fresh record closing ... ( read original story ...)
Hong Kong Bourse May Tick Lower On Monday
Hong Kong & China Gas added 0.40 percent, CNOOC gathered 0.32 percent, Galaxy Entertainment shed 0.29 percent and BOC Hong Kong was up 0.26 percent. The lead from Wall Street provides little clarity as stocks moved mostly lower on Friday, although the Dow ... ( read original story ...)
Why PBoC has relaxed the reserve requirements for FX forwards
According to a research report by Bank of America Merrill Lynch, the renminbi reserve requirement still remains for custodian banks, BoC Hong Kong, BoC Macau, as well as the parent banks of other clearing banks. But the reserve requirement is lifted for ... ( read original story ...)
Postal Savings Bank of China to meet investors for US dollar AT1 securities
BOC International, Huarong Financial, Standard Chartered Bank, Ping An of China Securities (Hong Kong), China Merchants Securities (HK), Credit Agricole and Deutsche Bank. The proposed Reg S AT1 issue has expected ratings of Ba3 by Moody’s. PSBC said in ... ( read original story ...)
Why are Hong Kong’s expats still down in the dumps about living in the city?
Eco warrior Jo Wilson has lived in Hong Kong with her family for 21 years, but she feels so depressed about the city’s environmental situation that she is increasingly splitting her time between here and her home in Britain. The founder of environmental ... ( read original story ...)