“Hong Kong had a pipeline of more than 170 IPO applications by the end of August,” Au says. “In addition, plans for about two to three large to mega IPOs mainly by technology-related businesses are likely to be completed before the end of 201 ( read original story ...)
Hong Kong’s top ten skyscrapers
Hong Kong has more skyscrapers than any other city in the world ... Bank of China Tower While the BOC Tower is often criticised for bringing bad luck due to its likeness to a knife, it’s still one of the most eyecatching buildings in our skyline. ( read original story ...)
“Chinese banks dominate Hong Kong hiring. There’s no debate now”
Chinese banks in Hong Kong dominate the job market like never before ... There’s simply no debate: from BoC to ICBC, Chinese banks now dominate available job vacancies. But there’s a problem. Bringing the people they want on board still ... ( read original story ...)
Hong Kong Shares May Find Support On Friday
BOC Hong Kong and Kunlun Energy both added 0.13 percent and Belle International was unchanged. The lead from Wall Street is unclear as stocks moved in opposite directions on Thursday - eventually finishing mixed, with the Dow hitting a fresh record closing ... ( read original story ...)
Hong Kong Bourse May Tick Lower On Monday
Hong Kong & China Gas added 0.40 percent, CNOOC gathered 0.32 percent, Galaxy Entertainment shed 0.29 percent and BOC Hong Kong was up 0.26 percent. The lead from Wall Street provides little clarity as stocks moved mostly lower on Friday, although the Dow ... ( read original story ...)
Why PBoC has relaxed the reserve requirements for FX forwards
According to a research report by Bank of America Merrill Lynch, the renminbi reserve requirement still remains for custodian banks, BoC Hong Kong, BoC Macau, as well as the parent banks of other clearing banks. But the reserve requirement is lifted for ... ( read original story ...)
Postal Savings Bank of China to meet investors for US dollar AT1 securities
BOC International, Huarong Financial, Standard Chartered Bank, Ping An of China Securities (Hong Kong), China Merchants Securities (HK), Credit Agricole and Deutsche Bank. The proposed Reg S AT1 issue has expected ratings of Ba3 by Moody’s. PSBC said in ... ( read original story ...)
Why are Hong Kong’s expats still down in the dumps about living in the city?
Eco warrior Jo Wilson has lived in Hong Kong with her family for 21 years, but she feels so depressed about the city’s environmental situation that she is increasingly splitting her time between here and her home in Britain. The founder of environmental ... ( read original story ...)
Siu Sai Wan on Hong Kong Island labelled worst paying area for domestic helpers amid campaign for wage increase
Employers living in Siu Sai Wan on Hong Kong Island’s northeast side pay the lowest salaries in the city to domestic helpers, a survey has found. The average rate in the area was HK$4,315, just HK$5 above the minimum salary, it was revealed. At the other ... ( read original story ...)
Top Hong Kong developer’s property sales slip amid market boom
HONG KONG -- Hong Kong's largest developer by market capitalization, Sun Hung Kai Properties, booked 17% less in property sales at home for the year ended in June, despite a red-hot housing market where prices show no signs of abating. Property sales in ... ( read original story ...)
Hong Kong waste paper firms go on strike as new mainland rules threaten their survival
Hong Kong’s waste paper exporters warned of a wave of business closures in the next few months as they began a week-long strike on Friday over import restrictions in mainland China that have crippled their work. Complaining that they were still waiting ... ( read original story ...)
Hang Seng Bank (0011) Decline -0.44% on Sep 16
Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)
Hong Kong stocks end the week on a positive note, shrugging off North Korea threat
Hong Kong stocks ended higher on Friday ... China Construction Bank dropped 0.3 per cent, and Hang Seng Bank slid 0.4 per cent. Mainland Chinese stocks declined amid weaker-than-expected August economic data. Macquarie forecasts China’s GDP growth ... ( read original story ...)
MTR accused of stealing tech startup’s ideas
MTR Corp. has been accused of copying an idea from a small tech startup and using it in its smartphone app, the Hong Kong Economic Journal reports. MTR Mobile, the train operator’s app, has recently added a new function called Fast Exit, which is ... ( read original story ...)