Hong Kong, China stocks brace for more downdraught

Hong Kong and Chinese stocks may still come under pressure on Friday, adding to a sell-off in the previous session, as the markets have yet to fully digest the implications of disappointing earnings prospects among smaller companies and the liquidation of ... ( read original story ...)

Hong Kong shares weaken as energy, finance stocks fall

The top gainers among H-shares were Industrial and Commercial Bank of China Ltd up 0.27 percent ... at a premium of 30.46 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 15 as of the last full trading ... ( read original story ...)

World War Two bomb in Hong Kong defused by police

These are external links and will open in a new window Hong Kong police have successfully defused a "severely damaged" World War Two bomb found on a construction site in a busy commercial area. More than 4,000 people were forced to evacuate and streets ... ( read original story ...)

Hang Seng bucks largely weaker trend for Asian stocks

While other Asian markets mostly marked time Friday, Hong Kong’s Hang Seng Index rose to a record ... The Hang Seng HSI, +1.53% closed up 1.5% on strength in bank stocks, a major part of the index. organ Stanley boosted its stock target on a number ... ( read original story ...)

Hong Kong on alert as ATM withdrawals surge

HONG KONG (Reuters) - Cash withdrawals at Hong Kong ATMs have surged, prompting scrutiny from monetary authorities, the banking industry and police amid media reports that mainland Chinese are withdrawing hundreds of thousands of dollars using up to 50 ... ( read original story ...)

Hong Kong authorities on alert as ATM withdrawals surge

HONG KONG - Cash withdrawals at Hong Kong ATMs have surged, prompting scrutiny from monetary authorities, the banking industry and police amid media reports that mainland Chinese are withdrawing hundreds of thousands of dollars using up to 50 cards at a time. ( read original story ...)

Phishing email related to DBS Bank (Hong Kong) Limited

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by DBS Bank (Hong Kong) Limited on phishing email, which has been reported to the ... ( read original story ...)

Taiwan to promote central bank deputy to governor

chief Greater China economist for Australia & New Zealand Banking Group in Hong Kong. “He has a good relationship with other central banks. That may be able to facilitate policy communication.” Taiwan announces huge stimulus package in face of ... ( read original story ...)

Hong Kong stocks post biggest monthly gain in nearly three years

HONG KONG (Nikkei Markets) -- Hong Kong shares capped their best monthly advance since April 2015 on Wednesday, with mainland Chinese banking and property companies driving broad gains amid strong fund inflows and upbeat global equity markets. In Wednesday ... ( read original story ...)

Goldman veteran returns to bank in Asia after seven-year break

He rose to ED level there and then transferred to Hong Kong in 2007, staying until 2011 as an ED, according to his online profile. While Beatty is still an ED in 2018, this is not unusual in a Goldman context. The bank only makes promotions to MD every two ... ( read original story ...