Tag: banking

Secretary for Commerce & Economic Development Gregory So has signed a deal to boost Hong Kong's wine business with Champagne, France. The deal will facilitate co-operation in wine education and training, culinary arts, tourism and trading activities. ( read original story ...)

Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of China Unicom (Hong Kong) Limited (“China Unicom” or the “Company”) (NYSE: CHU). The investigation concerns whether ... ( read original story ...)

2017 Hong Kong Electronics Fair has attracted large numbers of branded and influential exhibitors all over the world. This year, Airwheel joined the exhibition with its newly-developed electric scooters and electric foldable bikes, like R3. Have interest ... ( read original story ...)

Says non-performing loans ratio at 1.59 percent at end-March * Says capital adequacy ratio at 12.98 percent at end-March Source text in English: bit.ly/2oSaQJN Further company coverage: ($1 = 6.8972 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ( read original story ...)

April 28 BOC Hong Kong Holdings Ltd: * Q1 net operating income before impairment allowances HK$11,455 million versus HK$9,415 million * Qtrly net interest income and net interest margin increased on a year-on-year and quarter-on-quarter basis * Q1 ... ( read original story ...)

April 27 Hong Kong's benchmark stock index closed at its highest level in 20 months on Thursday as investor sentiment remained supported by prospects of better global growth and receding worries about political risks in Europe. The market also drew support ... ( read original story ...)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for ... ( read original story ...)

Hong Kong sealed its place among the front-runners to host the biggest initial public offering in history after oil giant Saudi Aramco sent its executives to talk with local regulators, according to Carlson Tong Ka-shing, chairman of the Securities and ... ( read original story ...)

DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC's (HSBA.L) sparsely attended branches in the Pearl River Delta suggest it's not all plain sailing for the ... ( read original story ...)

HONG KONG, April 27 BOC Aviation Ltd said on Thursday it would buy two Boeing 777-300ER aircraft from Turkish Airlines for an undisclosed sum as the aircraft lessor builds its balance sheet by investing in in-demand aircraft. The aircraft, which will be ... ( read original story ...)

Hong Kong Exchanges and Clearing said it is working with local and mainland authorities to fight to get Saudi Arabia’s national oil giant, Aramco, to list in Hong Kong in what would be the biggest initial public offering in history. “For a giant ... ( read original story ...)

Graphic: On the rise: reut.rs/2oZAEpU In October, the state-controlled company filed for a Hong Kong listing, targeting $300 million. The IPO looked set for a smooth ride after China’s securities watchdog gave the deal its blessing in February. ( read original story ...)

The Hang Seng Index rose 1.3 per cent or 316.5 points ... Bank of Communications added 2.9 per cent to HK$6.1 while Agricultural Bank of China jumped 2.3 per cent to HK$3.6. Hong Kong local property developers were also among the big winners. ( read original story ...)

HONG KONG HSBC Holdings Plc (HSBA.L) has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Aramco IPO-ARMO.SE, expected to be the world's largest ever IPO, HSBC's chief executive said on Monday. ( read original story ...)