Analysts believe Hong Kong can seek new growth momentum in the collaborative dynamics in the proposed hub. Ma believed Shanghai has succeeded as a financial center through integrating with the Yangtze River Delta, a key manufacturing center in eastern ... ( read original story ...)
Chinese-backed fintech startup Mioying takes robo-advisory suite to Hong Kong
Mioying, a fintech start-up backed by Chinese VC firm ZhenFund, is launching its wealth management platform MPro in Hong Kong. Mioying aims to transform Hong Kong's wealth and asset management industry with MPro, its end-to-end operating system for ... ( read original story ...)
Kirkland’s Hong Kong IPO heavy hitter departs
Kirkland & Ellis senior corporate partner Dominic Tsun, who acted on a number of notable Hong Kong IPOs in recent years, has left the firm’s Hong Kong office. A Kirkland spokesperson said, “We are committed to the Hong Kong capital markets practice as ... ( read original story ...)
BRIEF-Neusoft HK unit to use $5 mln for IPO subscription in Hospital Corporation of China Ltd
* Says its wholly owned HK subsidiary, plans to invest $5 million to subscribe new shares for Hospital Corporation of China Ltd 's IPO on Hong Kong Stock Exchange Source text in Chinese: goo.gl/slJOvi Further company coverage: (Beijing Headline News) ( read original story ...)
Saudi Aramco poised for complex call on IPO venue
Hong Kong demands a free float of 25 per cent of a company’s equity but this is regularly waived for deals over $1bn. Last year for example, Postal Savings Bank of China floated 15 per cent to raise $7.4bn in the biggest IPO worldwide since Alibaba. ( read original story ...)
Hyderabad explores business opportunities in Hong Kong via HKTDC
Hong Kong Trade Development Centre (HKTDC), a facilitator of international trade via Hong Kong, organised a seminar in collaboration with The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry, in Hyderabad, on March 9, 2017. ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Cut to “Sell” at Zacks Investment Research
According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)
HONG KONG’S GINI LAUNCHES INNOVATIVE CUSTOMER LOYALTY APP WITH EWISE
Gini’s launch coincides with Hong Kong’s emergence as a Fintech player driven by Hong Kong’s robust capital markets, banking experience and the city’s gradual cultural shift from conservatism to experimentation as signaled by Hong Kong’s Monetary ... ( read original story ...)
Hong Kong’s longest siege: the 1974 Po Sang Bank robbery and the ‘Courageous Eleven’
It was almost 5pm and the Po Sang Bank branch on Shanghai Street was about to close when a man stormed in. “Lie down and don’t move,” Lee Wa-bun shouted, waving his pistol in the air. The staff froze in panic as they realised it was an armed robbery. ( read original story ...)
What To Do Before You Go To The Bank Application
So you have the company setup, and now you are working on getting your bank account setup. Today, hopefully you read this article BEFORE you go in. Many entrepreneurs I work with fly into Hong Kong just to apply for the bank account, so it’s important ... ( read original story ...)
China's HNA Group would like to hike Deutsche Bank stake: sources
HONG KONG Chinese conglomerate HNA Group (0521.HK) would like to increase its stake of 3 percent in Germany's Deutsche Bank (DBKGn.DE), two sources with knowledge of the matter told Reuters. However, the Chinese company would have to resolve some issues ... ( read original story ...)
Hong Kong Uber drivers found guilty of unlawful commercial car hire
HONG KONG Five Hong Kong Uber drivers were found guilty of illegally using their vehicles for commercial purposes by a local court on Friday, dealing a potential blow to Uber Technologies Inc's operations in the Asian financial hub. The ruling is seen ... ( read original story ...)
Families who sheltered Edward Snowden in Hong Kong ask Canada for asylum
Lawyers for three families who sheltered Edward Snowden in Hong Kong say they have formally asked the Canadian government to grant them asylum. They issued a statement Thursday saying that the families want to move to Canada because they face persecution ... ( read original story ...)
Hong Kong corporate disclosure criticised amid high fees and privacy fears
The aim of the privacy law though was to strike a balance between upholding the freedom of the press and protecting personal information, Hong Kong's privacy commissioner for personal data, Stephen Kai-yi Wong, said in a statement. Exemptions for news ... ( read original story ...)