... Nov 14 UBS AG is reorganising its Hong Kong-based corporate finance team and China-focused country bankers, which would result in about 20 junior bankers moving to other departments within the investment bank, an internal memo and sources familiar ... ( read original story ...)
Chinese bankers heading to the top at global firms in Hong Kong
Mainland Chinese bankers are increasingly knocking Western expats off their perch at the senior end of Hong Kong investment banking. Mainland Chinese are increasingly taking senior roles in global investment banks in Hong Kong – at the expense of the ... ( read original story ...)
Hong Kong Government Still Cautious About Blockchain
They would share any lessons learned with the fintech industry and banking sector in Hong Kong, so as to facilitate further DLT developments. While embracing fintech generally, the event took a cautious approach to DLT. Delivering a keynote address ... ( read original story ...)
Hong Kong trade chief in US confident it will be business as usual under Trump
Hong Kong is “watching and monitoring” trade and foreign policy changes under Donald Trump’s incoming administration, the city’s top official in the United States told the Post. Clement Leung Cheuk-man, Hong Kong’s commissioner for economic and ... ( read original story ...)
What Hong Kong's 'watershed' political moment means for Vancouver
The uneasy political undercurrents that have dominated Hong Kong for the last few years erupted once again last week, and observers in Vancouver say the “watershed” development reveals an increasingly fractured society in the former British colony. ( read original story ...)
Don’t overestimate Hong Kong’s importance on Beijing’s legislative and governing agenda
Two hooligans did Hong Kong an immense favour by revealing that. Comprehending what that means for business requires an understanding of Chinese attitudes. An agreement is at best guidance, or at worst the starting point of negotiations. Those who do ... ( read original story ...)
Hong Kong trade chief confident it will be business as usual
Hong Kong is “watching and monitoring” trade and foreign policy changes under Donald Trump’s incoming administration, the city’s top official in the United States told the Post. Clement Leung Cheuk-man, Hong Kong’s commissioner for economic and ... ( read original story ...)
RIP: Hong Kong’s shopping industry, as e-retailers tighten their grip
May Hong Kong as a “Shopper’s Paradise” rest in peace. The last nail is in the coffin and it is ready to be lowered into the ground. The words on the headstone are being carved: “Here once Hong Kong’s economy boomed”. The last nail was of ... ( read original story ...)
Hong Kong: Large pro-China rally against independence
Tens of thousands of pro-China protesters have rallied in Hong Kong, expressing anger at calls for the territory's independence. Demonstrators waved Chinese flags, and chanted "oppose Hong Kong independence; support Beijing's ruling". Last week ... ( read original story ...)
Launch Announcement for Callable Bull/Bear Contracts ("CBBCs") to be issued by
Spot Level means the spot level of the Index as compiled and published by Hang Seng Indexes Company Limited ... We are a licensed bank regulated by the Hong Kong Monetary Authority. We are also authorised and regulated by the Financial Market Supervisory ... ( read original story ...)
Asia Generally Negative, on Data, U.S. Campaign
But most analysts don't expect any moves from the central bank. The Hang Seng Index in Hong Kong lost 20.27 points, or 0.1%, to 22,934.54 In currency markets, the yen weakened against the dollar, fetching 104.84 as of late afternoon local time, but still ... ( read original story ...)
Financial markets drop as Trump looks set to be next U.S. president
The central bank last hiked its key rate in September by 50 basis ... States indicating markets there were also set to plunge when they opened. In Hong Kong the Hang Seng index finished 3.1 percent lower and Australia's ASX 200 finished down almost 2 ... ( read original story ...)
Markets Right Now: Stocks move higher on Wall Street
The gains put the Dow on track to beat its all-time closing from August. Other indexes didn't do as well. ASIA'S DAY: Hong Kong's Hang Seng index lost 1.4 percent to 22,531.09 and South Korea's Kospi fell 0.9 percent to 1,984.43. Stocks are opening higher ... ( read original story ...)
Dollar extends Trump rally, hovers at 3-1/2-month high versus yen
Hong Kong's Hang Seng index lost 1.3 percent to 22,538.51 and South ... Singapore Treasury Division at Mizuho Bank, referring to President Obama's health care program". "Investors are now thinking that things aren't going to be as bad as what they had ... ( read original story ...)