Payments through AlipayHK, which handles mobile payments in Hong Kong dollars, will be accepted at more than 2,000 stores in the city from Thursday, said Ant Financial Services Group, an Alibaba Group affiliate that runs the platform. "Introducing local ... ( read original story ...)
WuXi Biologics to launch $513 mln Hong Kong IPO on Thursday -IFR
HONG KONG May 24 WuXi Biologics (Cayman) Inc, a Chinese contract drug research and development company, plans to launch on Thursday an initial public offering of up to $513 million in Hong Kong, IFR reported, citing people close to the deal. The company is ... ( read original story ...)
As BoC readies today’s decision, there’s ‘more to fear now than fear itself’
“The BoC can take some comfort in the cautious tone delivered ... with the loonie worth just about 74 cents (U.S.). Tokyo’s Nikkei gained 0.7 per cent, while Hong Kong’s Hang Seng and the Shanghai composite each rose by about 0.1 per cent. ( read original story ...)
Fitch Affirms China’s 5 State Banks at ‘A’; Outlook Stable
Hong Kong Primary Analyst (BOC, CCB) Katie Chen Director +886 2 8175 7614 Secondary Analyst (BOC, CCB) Grace Wu Senior Director +852 2263 9919 Secondary Analyst (ICBC, BOCOM) Jack Yuan Associate Director +86 21 5097 3038 Secondary Analyst (ABC) Jaclyn Wang ... ( read original story ...)
HSBC makes ‘big bet’ on Canada in bid for more market share
HSBC Holdings Plc is getting aggressive in Canada -- and one ... and we’ve got a real focus now on China, a great corridor with Hong Kong. We’re really well positioned.” The Canadian operations are a “Top Five” producer of profit before taxes ... ( read original story ...)
BOC Hong Kong : BOCHK Takes the Lead in Bringing Apple Pay to BOC Card Customers
BOCHK Takes the Lead in Bringing Apple Pay to BOC Card Customers Offering UnionPay Debit Card Cardholders an easy, secure and private way to pay Bank of China (Hong Kong) ("BOCHK") today becomes one of the first banks in Hong Kong to bring Apple Pay to ... ( read original story ...)
Hang Seng Bank (HKG:0011) In A Trading Slump
Hang Seng Bank kicks off Qianhai venture Hang Seng Bank profits down 60% due to trading slump Hang Seng Bank Posted Solid 2016 Results Hong Kong Hang Seng Up 0.15% On Wall Street Cues Overall, the bias in prices is: Upwards. Short term: Prices are stalling. ( read original story ...)
BOC Aviation lands $500m from tight bond
By Addison Gong 12:00 PM Following a roadshow in Singapore and Hong Kong, —/A-/A- rated BOC Aviation opened books for its first dollar bond of the year on Wednesday morning local time. Joint global co-ordinators BOC International, Citi, DBS, Goldman ... ( read original story ...)
Hong Kong central bank unveils fresh measures to check property price surge
HONG KONG Hong Kong's central bank on Friday announced a fresh set of measures to cool a property market on fire. Norman Chan, the head of Hong Kong's de facto central bank, the Hong Kong Monetary Authority said the fresh measures include raising the risk ... ( read original story ...)
Seven of Hong Kong’s hottest banking technology jobs
This is one of the only Hong Kong-based graduate technology jobs you can apply for now at a major bank (and not have to wait until the autumn campus hiring season kicks off). SocGen has no yearly application deadline for its Asian traineeships. You’ll be ... ( read original story ...)
China-Hong Kong bond trading scheme approved by regulators
China is taking another step to open up its financial markets to the world by allowing overseas investors access to China's $9.5 trillion bond market. Regulators in Hong Kong and China have approved a program that will allow investors operating in Hong ... ( read original story ...)
Hong Kong shares retreat after overbought signal as financials drop
HONG KONG (Nikkei Markets) -- Hong Kong shares pulled back from 21-month highs Tuesday after a commonly-followed technical indicator suggested that the market was overbought, with Cathay Pacific Airways and Chinese financial companies pacing losses. ( read original story ...)
Hong Kong financial body pledges support for third board and green finance
The Financial Services Development Council in Hong Kong has pledged its support for the local bourse to launch a third board to draw technology firms and other overseas companies to list in the city. The council, a government-appointed advisory body, in ... ( read original story ...)
Hong Kong bank employee gets apology in court from tearful man charged with attempted robbery
A recycling company owner on Tuesday cried and apologised to a bank employee in a Hong Kong court over an attempted robbery two years ago. The alleged victim, Ng Yin-fun, recalled that a very emotional man – whom she later identified as Lau Wai-keung in ... ( read original story ...)