For Hong Kong's famed neon lights, the future looks dim. Neon-lit signs were once ubiquitous here, illuminating city streets with their soft, warm glow and giving the dynamic Asian city a signature look to match its postwar economic boom. Tens of thousands ... ( read original story ...)
Hurricane Harvey’s lesson for Canadian real estate: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... they know they will have to find more cash to pay their monthly mortgage payments. The alternative is they will lose their ... ( read original story ...)
Learning from Harvey as OSFI plans to squeeze the froth out of housing: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... they know they will have to find more cash to pay their monthly mortgage payments. The alternative is they will lose their ... ( read original story ...)
Hang Seng Index closes above 28,000 for first time since May 2015 as Shimao, Sunac surge
Hong Kong’s Hang Seng Index closed above the 28,000 level for the first ... The interim report is due Thursday. Industrial and Commercial Bank of China rose 1.5 per cent to HK$6.02. The nation’s biggest lender by assets said after the market closed ... ( read original story ...)
Hong Kong businessman and socialite David Tang dies at 63
HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)
BOC Hong Kong : 2017 Interim Report (non-printed version)
The Group's profit attributable to the equity holders in the first half of 2017 amounted to HK$17,216 million. Profit attributable to the equity holders from continuing operations increased by 24.5% year-on-year to HK$14,627 million. Profit attributable to ... ( read original story ...)
BOC Hong Kong : 1st Half Net Profit HK$17.22 Billion
HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) Wednesday reported its first-half net profit fell to 17.22 billion Hong Kong dollars (US$2.2 billion) from HK$42.84 billion a year earlier, as earnings in the previous year were ... ( read original story ...)
Hong Kong Market May Find Renewed Support
BOC Hong Kong dipped 0.25 percent, Lenovo Group was down 0.23 percent, Industrial and Commercial Bank of China collected 0.17 percent and Ping An Insurance added 0.16 percent. The lead from Wall Street is cautiously optimistic as stocks saw some early ... ( read original story ...)
Hong Kong stock gauge loses struggle above 28,000 as Tencent drags
At one point, it had climbed as much as 0.8%. Bank of Communications, whose half-yearly results beat market expectations last week, added 1.3% while larger rival Bank of China (BOC) increased 0.7%. Hong Kong lender Bank of East Asia added 1.9% following a ... ( read original story ...)
Hong Kong Market Overdue For Profit Taking
Among the actives, China Life surged 4.17 percent, while Industrial and Commercial Bank of China soared 3.47 percent, BOC Hong Kong spiked 3.25 percent, CNOOC advanced 2.74 percent, China Petroleum and Chemical (Sinopec) perked 2.45 percent, China ... ( read original story ...)
Aircraft lessor BOC Aviation’s CEO sees oversupply risks to industry
BOC Aviation listed in Hong Kong last year when it raised $1.1 billion in the biggest IPO by an aircraft lessor globally. The company said on Tuesday it would change its dividend policy to increase the payout to as much as 35 percent of net profit from 30 ... ( read original story ...)
Exclusive: China’s ‘big four’ banks raise billions for Belt and Road deals – sources
HONG KONG (Reuters) - China's largest state-owned commercial banks ... and has already been running roadshows with investors. Bank of China (BOC) (601988.SS) (3988.HK), another major state bank, aims to raise around 20 billion yuan for a similar fund ... ( read original story ...)
ASIA MARKETS: Hong Kong Stock Gauge Takes Shot At 28,000 On Fed Relief, AAC Rally
HONG KONG (Aug 28) -- Hong Kong's benchmark stock gauge climbed ... (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC) and Bank of China (BOC) are all scheduled to report interim results on Wednesday. U.S. stocks mostly rose and ... ( read original story ...)
Hong Kong businessman David Tang dies at 63
Hong Kong businessman and socialite David Tang, known as the founder of international fashion brand Shanghai Tang, has died at the age of 63, it was announced Wednesday. "He will be sorely missed as a friend and FT columnist," tweeted Lionel Barber ... ( read original story ...)