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Tag: banking

Posted on 23/04/2019

Hong Kong still attractive for bankers despite high living costs, says senior headhunter

An investment banking vice-president in Hong Kong with seven or more years of experience received an annual base salary ranging from HK$1.8 million (US$229,000) to HK$2.4 million (US$306,000), plus a ... ( read original story ...)

Posted on 23/04/2019

How much of a bitcoin’s value can Hong Kong investors claim when the city’s oldest cryptocurrency exchange goes bust?

Hong Kong’s Securities and Futures Commission (SFC ... Exchanges may also be required to maintain a reserve equivalent to 12 months of operating expenses as financial buffer, and take out an insurance ... ( read original story ...)

Posted on 21/04/2019

Week In Review: Chi-Med Plans $500 Million Hong Kong IPO

Hutchison China MediTech (Chi-Med) filed to IPO on the Hong Kong Exchange, following listings in London and on NASDAQ, where it has a market capitalization of over $4 billion. BioSense, a New ... ( read original story ...)

Posted on 21/04/2019

Is Hong Kong ready to be the financial hub of China’s Belt and Road Initiative?

All eyes will be on Beijing later this week when state leaders from 37 countries and delegations from more than 150 nations gather in the Chinese capital for the Belt and Road Initiative Summit. ... ( read original story ...)

Posted on 20/04/2019

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines

HONG KONG (Reuters) - Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as ... ( read original story ...)

Posted on 20/04/2019

HNA Group tells warring Hong Kong Airlines parties to behave as battle for control of airline continues

HNA Group, the de facto parent company of Hong Kong Airlines, has finally broken its silence after four days of boardroom and shareholder infighting played out in the public arena. The Chinese ... ( read original story ...)

Posted on 19/04/2019

Banco Santander Brasil (BSBR) & Boc Hong Kong (BHKLY) Head to Head Contrast

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, Mainland China, and internationally ... ( read original story ...)

Posted on 19/04/2019

Chinese internet giants test virtual banking in Hong Kong

Interest is growing over how Hong Kong's biggest bank, HSBC Holdings, will fare as it independently goes digital without partners from other industries. It recently announced a new financial ... ( read original story ...)

Posted on 18/04/2019

HSBC and Walmart Join Forces on Sustainable Supply Chain Finance Programme

NEW YORK & HONG KONG--(BUSINESS WIRE)--HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability ... ( read original story ...)

Posted on 18/04/2019

Hong Kong’s stock exchange posts its quietest first quarter since 2009 as blockbuster IPOs looked elsewhere to raise funds

Hong Kong’s stock exchange had the quietest first quarter in a decade, as its fundraising tally suffered from a dearth of blockbuster listings, while the US-China trade war deterred acquisitions and ... ( read original story ...)

Posted on 18/04/2019

HSBC re-launches enhanced offerings for Select customers

The Hongkong and Shanghai Banking Corporation Ltd (HSBC) in Bangladesh has recently re-launched its service—HSBC Select—to meet the changing needs of aspirational and globally connected retail banking ... ( read original story ...)

Posted on 16/04/2019

Hong Kong’s Star is Fading – Where Will Asia’s Next Financial Center Be?

Not too long ago, it was universally agreed among the traders and bankers of the world that the city-state of Hong Kong was the place to do business in Asia. Its reputation as one of the freest ... ( read original story ...)

Posted on 16/04/2019

AB InBev enrols Citi, BofAML to work on $5 billion Hong Kong IPO

Hong Kong: Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct ... ( read original story ...)

Posted on 16/04/2019

Sinotruk (Hong Kong)’s (HKG:3808) Wonderful 352% Share Price Increase Shows How Capitalism Can Build Wealth

The company reported its financial results recently; you can catch up on the latest numbers by reading our company report. Check out our latest analysis for Sinotruk (Hong Kong) While markets are ... ( read original story ...)

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