Hong Kong’s Exchange Fund surprisingly issued additional debt papers of HK$40 billion (US$5 billion) in August, supposedly to absorb excess liquidity in the banking system. However, the Hong Kong dollar had been trading on the weak side of the peg ... ( read original story ...)
Hong Kong Dollar Surges Most in 1 1/2 Years, Boosting Developers
The greenback’s slide is proving too much for even the pegged Hong Kong dollar, which is heading for its biggest two-day gain against the U.S. currency since January 2016. Hong Kong’s dollar jumped 0.07 percent to HK$7.8080 against its U.S. counterpart ... ( read original story ...)
Chinese online insurer ZhongAn wins HK approval for $1 billion IPO: sources
The company plans to start gauging investor appetite for the IPO as soon as Monday after receiving the nod from the listing committee of the Hong Kong stock exchange, added the sources. It plans to launch the IPO and take orders from investors on Sept. ( read original story ...)
Cape Breton radio station surprises loyal Hong Kong listener with lobster lunch
A Maritimer living in Hong Kong recently got a taste of home after a Cape Breton radio station went the extra mile to make a special delivery to a loyal listener. Glace Bay native Carolyn Andrews has been teaching in Hong Kong for more than 20 years but ... ( read original story ...)
Luxury property buyers in Hong Kong take a break as new offerings slow
Sales of new homes in Hong Kong dipped sharply in July and August in a sign that the property market may have peaked, but prices remained stable, says a report by Knight Frank. The Hong Kong Monthly Report by the international property consultant showed ... ( read original story ...)
BOC Hong Kong (Holdings) Ltd. ADR 2017 Q2 – Results – Earnings Call Slides
The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2017 Q2 earnings call. 129 Click to enlarge Notes: ( read original story ...)
Hong Kong gauge slides under 28,000 as banks pace Chinese shares lower
Hong Kong shares fell the most in almost two weeks on Thursday, with mainland Chinese banks pacing losses as investors appeared to take profits after they reported first-half earnings. Bank of China (BOC) lost 1.5% despite an 11% increase in interim net ... ( read original story ...)
BOC International issued a research report on Beijing Gas Blue Sky
HONG KONG, CHINA, Sep 07, 2017 (Marketwired via COMTEX) -- HONG KONG, CHINA--(Marketwired - Sep 7, 2017) - BOC International issued a research report on Beijing Gas Blue Sky Holdings Limited ("the Company" or "Beijing Gas Blue Sky", together with its ... ( read original story ...)
Hong Kong start-up wants to put an end to smartphone battery woes
A Hong Kong start-up hopes it has the cure for the panic faced by smartphone users when their devices run out of power and they have no way to charge their phones while on the move. MobiJuce, developed by Silicon Valley veterans, is launching an app-based ... ( read original story ...)
Hong Kong Airlines Million Challenge Kicking off the first season at the Happy Valley
HONG KONG, Sept. 8, 2017 /CNW/ -- Hong Kong Airlines, an internationally acclaimed Skytrax four-star full-service airline firmly rooted in Hong Kong, is the new title sponsor of the Hong Kong Airlines Million Challenge and will partner for the next three ... ( read original story ...)
DBS Hong Kong launches VR mortgage app
DBS Bank (Hong Kong) has launched DBS Home360, a banking mortgage app in Hong Kong to leverage the power of real(i)ty, to change the way people embark on one of the most important decisions of their lives – buying a home. Partnering with realtor Century ... ( read original story ...)
GoGoVan’s success disrupts not merely Hong Kong’s business, but also social strata norms
GoGoVan’s successful merger with 58 Suyun, the freight business of mainland Chinese online classifieds giant 58 Home, has created the city’s first, billion dollar unicorn technology company. But, the local company’s success also points the way to ... ( read original story ...)
Hong Kong FinTech Week the perfect stage for global FinTech business (with photos)
Invest Hong Kong (InvestHK) today (September 7) announced that Hong Kong's regulators, along with a host of private sector partners, entrepreneurs and industry leaders, will participate in the second annual Hong Kong FinTech Week, to be held from October ... ( read original story ...)
Hong Kong regulators to push for greater clarity in fintech market guidance to help companies develop
Hong Kong’s securities, banking and insurance regulators are ... cryptocurrencies – called tokens – are used to represent a percentage of ownership in a business. That is similar to how shares in an initial public offering signify a stake in a ... ( read original story ...)