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Tag: banking

Posted on 06/06/2019

Hong Kong Open: defending champions Wong and Doo secure vital win over Japanese table tennis rivals

Hong Kong’s Wong Chun-ting and Doo Hoi-kem got a major confidence boost in their Tokyo 2020 Olympic qualification campaign following their victory over Tomokazu Harimoto and Hina Hayata of Japan at ... ( read original story ...)

Posted on 06/06/2019

HK stocks edge up as hopes of Fed rate cut counter growth worries

HONG KONG stocks rose slightly on Thursday, as hopes that the U.S. central bank could cut interest rates countered persistent worries about China’s economic growth amid escalating trade tensions with ... ( read original story ...)

Posted on 06/06/2019

BOC Hong Kong : Statement on fraudulent mobile banking login page

The fraudulent login page features a similar design to that of the official BOCHK mobile banking login page, and intends to steal customers' personal data, including their Mobile Banking ... ( read original story ...)

Posted on 06/06/2019

Hong Kong court: Denying same-sex spousal benefits unlawful

Hong Kong's Court of Final Appeal said Thursday the government cannot deny spousal employment benefits to same-sex couples, in a ruling hailed as a major step forward for same-sex equality in the semi ... ( read original story ...)

Posted on 06/06/2019

Gay civil servant wins spousal benefits appeal at Hong Kong top court

Hong Kong’s top court has ruled in favour of a gay civil servant’s fight to access spousal and tax benefits for his husband in the latest court victory for LGBT rights in the financial hub. The Court ... ( read original story ...)

Posted on 06/06/2019

HSBC Rolls Out Digital Wallet To Hong Kong Businesses

According to a report in the Financial Times, the U.K. bank quietly rolled out the digital wallet in Hong Kong as a response to competition from the likes of Tencent and Alibaba. In February, reports ... ( read original story ...)

Posted on 06/06/2019

UPDATE 1-Hansoh Pharma raises $1 bln in HK IPO priced at top of range-sources

HONG KONG, June 5 (Reuters) - Drugmaker Hansoh Pharmaceutical Group on Wednesday priced its Hong Kong initial public offering at the top end of its targeted range, two people with direct knowledge of ... ( read original story ...)

Posted on 05/06/2019

Hong Kong shares rise as U.S. Fed comments lift rate cut hopes

Shares in Hong Kong ended higher on Wednesday as comments from the U.S. Federal Reserve raised investor hopes for an interest rate cut this year. ** At the close of trade, the Hang Seng index was up ... ( read original story ...)

Posted on 05/06/2019

Warburg-Backed ESR, Holders Seek Up to $1.24 Billion in Hong Kong IPO

(Bloomberg) -- ESR Cayman Ltd., a logistics real estate developer, is seeking to raise as much as $1.24 billion in a Hong Kong initial public offering. The company and some shareholders, including ... ( read original story ...)

Posted on 05/06/2019

Hong Kong Stocks at Tipping Point After Deepest Dip Since 2016

Hong Kong’s equities are nearing a turning point that could reward investors in the short term -- if they have the stomach for it. The Hang Seng Index has become the biggest victim of the U.S.-China ... ( read original story ...)

Posted on 05/06/2019

Hong Kong holds somber Tiananmen vigil as Beijing goes into lockdown

HONG KONG/BEIJING (Reuters) - Tens of thousands joined a somber ... Demonstrators gathered in the financial hub's Victoria Park, holding up candles and placards as others rallied next to a replica of ... ( read original story ...)

Posted on 05/06/2019

Hong Kong activists prepare to commemorate 30th anniversary of Tiananmen

The spirit of political activism has now passed to a younger generation, crystalizing in the 2014 Occupy protests, also known as the Umbrella Movement, which laid siege to Hong Kong government ... ( read original story ...)

Posted on 04/06/2019

Hong Kong police officer found guilty of fraud for not declaring HK$200,000 gained in land deals on student loan applications

Indigenous villager Koo Chun-fai, 26, dishonestly omitted the land – from which he made HK$200,000 (US$25,640) – from two applications he submitted to the government’s Student Finance Office ... ... ( read original story ...)

Posted on 04/06/2019

Hong Kong slips behind New York and Nasdaq in five-month global IPO rankings, as trade war takes a toll on sentiment

Hong Kong was the third biggest IPO market by proceeds raised in the first five months of 2019, according to data from Refinitiv The city failed to attract blockbuster IPOs while its US rivals bagged ... ( read original story ...)

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