Hong Kong stocks finished lower on Friday morning, as investors cautiously awaited a slew of earnings results from Chinese banks. The Hang Seng Index dropped 0.43 per ... with ICBC slipping 0.42 per cent, Bank of Communications down 0.3 per cent, and ... ( read original story ...)
BOC Hong Kong : BOCHK 9-month opg profit before impairment up 2%
HK$22,336 million, an increase of 2% over the same period last year. For the third quarter of 2016, the operating profit before impairment allowances dropped 10.5% quarter-on-quarter to HK$7,411 million. Net operating income before impairment allowances ... ( read original story ...)
BOC Hong Kong : net up 2.48pc but bad loans soar
Bank of China (3988) said net profit rose 2.48 percent year-on-year to 134.81 billion yuan (HK$154.35 billion) in the first nine months of this year, despite weaker profitability and rising bad loans. The net interest margin, a measure of banks ... ( read original story ...)
BOC Hong Kong : January-September Operating Profit Before Impairment Up 2.0% on Year at HK$22.34 Billion
HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) said late Wednesday its operating profit before impairment allowances for the January-September period rose 2% from a year earlier to 22.34 billion Hong Kong dollars (US$2.88 ... ( read original story ...)
Hong Kong regulator probes UBS's role as sponsor of certain IPOs
HONG KONG Swiss bank UBS (UBSG.S) said Hong Kong's securities regulator is investigating its role as sponsor of certain unnamed stock market listings in the city, with the intention to start unspecified action against the bank and some of its employees. ( read original story ...)
Hong Kong regulators probe UBS on initial public offerings
HONG KONG - Swiss bank UBS said Friday that Hong Kong regulators are investigating its work on some initial public offerings on the southern Chinese financial centre's stock market. UBS also said that the city's Securities and Futures Commission notified ... ( read original story ...)
Swiss bank UBS in Hong Kong investigation for IPO work
HONG KONG - Swiss bank UBS says it's being investigated by Hong Kong regulators over its work on some initial public offerings on the southern Chinese financial centre's stock market. UBS also said Friday that the city's Securities and Futures Commission ... ( read original story ...)
Delusional British banker dangled off 31st floor balcony of Hong Kong flat in £20,000 cocaine binge before killing second prostitute and roaring at passers-by while …
A delusional British banker dangled off the 31st floor balcony of his Hong Kong flat during a £20,000 cocaine binge before killing a second prostitute, a court heard. Rurik Jutting said he took huge quantities of the drug before clambering on to the ... ( read original story ...)
Hong Kong’s new audit regulator should exclude industry practitioners for international recognition, says FRC
Hong Kong’s proposed independent audit regulator needs to exclude practitioners from the audit industry in order to meet international standards and be in line with major financial centres, top officials from Hong Kong’s Financial Reporting Council ... ( read original story ...)
Enter the dragon: Urban explorer opens window into Bruce Lee's former Hong Kong mansion – after it was turned into a seedy love hotel
Left to crumble into ruin while the garden grows into a forest, these stunning images pry open a window into Bruce Lee’s abandoned mansion in Hong Kong. An urban explorer has stepped foot in the final home turned love-hotel of the martial-arts icon ... ( read original story ...)
Shoppers' bid for pot business shows Ottawa needs to get rolling on drug rules: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)
David Kong's Funeral Business Makes Him One of Malaysia's Richest
It’s also been a lucrative business for the 61-year-old Kong, who is also known as Kong Hon Kong. Last month he took the Hong Kong-listed company private in a deal with London’s CVC Capital Partners that valued the company at $1.1 billion. The firm ... ( read original story ...)
China, Hong Kong stocks fall on industrial profit slowdown, weaker yuan
Hong Kong shares dropped over 1 per cent, dragged by energy shares on lingering worries about China’s economic health and a possible US rate hike in December. China’s blue-chip CSI300 index fell 0.4 per cent, to 3,340.66 points at the end of the ... ( read original story ...)
Hong Kong riled by latest tiny 'space capsule' homes
Hong Kong is well-known for having some of the world's tiniest and ... The leaseholder, surnamed Wang, boasts it has special lights which "create the feeling of being in space". BBC News contacted Mr Wang, who said he's the husband of Ms Wang. ( read original story ...)