Two Hong Kong-listed international insurers – Manulife and Prudential ... credited the growth to Asia where profit from new life insurance business rose 18 per cent to £1.092 billion in the first half. Its asset management arm, Eastspring, reported ... ( read original story ...)
Nine top corporate bankers you need to know in Hong Kong
Corporate banking is booming in Hong Kong. Here are some of the major players in the sector. http://news.efinancialcareers.com/hk-en/291616/bank-of-east-asia-hong-kong-universities/ Senior Hong Kong corporate bankers not only lead large teams of ... ( read original story ...)
Hong Kong tourism chiefs give backing to high-speed rail joint checkpoint plan
Hong Kong tourism industry representatives have expressed overwhelming support for the proposal to allow a joint checkpoint arrangement at the high speed rail terminus in West Kowloon, saying convenience and efficiency outweigh concerns over the ... ( read original story ...)
Work, study and play: will Hong Kong residents be tempted by equal rights in mainland China?
Beijing has addressed as many as 50 issues affecting Hong Kong people working in Chinese cities to provide them with the same privileges as their mainland counterparts, according to a report by the official Xinhua news agency on Wednesday. In Hong Kong ... ( read original story ...)
Canada opens quest for Women’s Rugby World Cup title with 98-0 rout of Hong Kong
DUBLIN -- Canada is off to an impressive start at the 2017 Women's Rugby World Cup after posting a 98-0 rout of Hong Kong on Wednesday behind a huge game from Magali Harvey. Canada, ranked third in the world, scored its first try at the four-minute mark of ... ( read original story ...)
Hong Kong’s crowded currency trade enters perilous territory
One of the world’s most reliable currency bets is suddenly looking like less of a sure thing. The Hong Kong dollar carry trade, which has produced steady returns for seven straight months, suffered a rare setback on Wednesday as the currency abruptly ... ( read original story ...)
ANZ hires HSBC director as head of China desk in Hong Kong
ANZ has hired one of HSBC’s leading Hong Kong corporate bankers, in a sign that Asian recruitment at the firm is starting to recover. http://news.efinancialcareers.com/hk-en/291616/bank-of-east-asia-hong-kong-universities/ ANZ has hired one of HSBC’s ... ( read original story ...)
Hong Kong residents to get equal rights in key areas on the mainland, report states
The announcement, in a report issued by the official Xinhua news agency on Wednesday ... citing an unnamed official from the State Council’s Hong Kong and Macau Affairs Office. Macau residents would also be entitled to all the same privileges in ... ( read original story ...)
Hang Seng Bank employees given more annual leave after strong company performance
More than half of Hang Seng Bank’s staff members in Hong Kong will be offered up to four more days of annual leave from next year, on the back of its strong business performance in the first half of this year. The bank announced on Wednesday that 4,500 ... ( read original story ...)
Hong Kong’s Crowded Currency Trade Enters Dangerous Territory
One of the world’s most reliable currency bets is suddenly looking like less of a sure thing. The Hong Kong dollar carry trade, which has produced steady returns for seven straight months, suffered a rare setback on Wednesday as the currency abruptly ... ( read original story ...)
Hong Kong to get formal role in Beijing’s belt and road plan
Hong Kong has been promised stronger support from Beijing in developing its economy, with plans to establish a formal role for the city in the “Belt and Road Initiative” and boost communication on the development of the Greater Bay Area plan for the ... ( read original story ...)
Wharf shares jump to record as HK$230 bn property spin-off plan revealed
“The spin-off plan helps Wharf unlock value from its mature Hong Kong assets with strong cash flow,” said Raymond Cheng, a property analyst at CIMB Securities. “It’s good timing as Hong Kong’s luxury retail sales are rebounding.” Cheng added ... ( read original story ...)
Hong Kong closes beaches after ship spilled almost 100 tons of palm oil
HONG KONG has scooped up more than 88 tons of palm oil and closed more than a dozen beaches after a ship spill washed foul-smelling, Styrofoam-like clumps ashore, the latest major environmental disaster to blight the territory's waters. Dead fish ... ( read original story ...)
Hong Kong could lose out to regional rivals, shipping firms warn as antitrust watchdog bars them from sharing sensitive information
Hong Kong could lose out to regional rivals due to the city’s antitrust watchdog refusing to allow shipping liners to exchange sensitive market information, industry players have warned. The Competition Commission on Tuesday refused to grant block ... ( read original story ...)