His third budget generally well received by political parties and lawmakers, despite perennial criticism that more could have been done for needy Even government allies were not impressed with the rel... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) PBOC said it will encourage financial market innovation to boost the economy
China and Hong Kong stocks rose on Wednesday ... Rex Takasugi – TD Profile HANG SENG INDEX closed down -14.621 at 28,757.439. Volume was 39% above average (neutral) and Bollinger Bands were 23% narrow... ( read original story ...)
UPDATE 1-HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach
HONG KONG, Feb 27 (Reuters) - Hong Kong’s financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct on initial public ... ( read original story ...)
HKEX sets profit record after IPOs and turnover surge
HONG KONG (Reuters) - Hong Kong’s stock exchange operator on Wednesday said 2018 profit surged 26 percent to a record high, meeting expectations, boosted by fees from a number of mega IPOs in the firs... ( read original story ...)
China, Hong Kong stocks climb after Fed chief comments
The Hang Seng index added 0.5 percent to 28,910.83 points, while the Hong Kong China Enterprises Index ... on Tuesday as he spelled out the central bank’s approach to an economy that is likely ... ( read original story ...)
Hong Kong finance chief Paul Chan dials down budget relief measures after smaller surplus
Hong Kong finance chief Paul Chan Mo-po scaled back the usual sweeteners in this year’s budget, given projections of slower economic growth and a smaller fiscal surplus. He offered taxpayers HK$33.9 b... ( read original story ...)
Hong Kong to keep strengthening financial services industry
HONG KONG, Feb. 27 (Xinhua) -- China's Hong Kong Special Administrative Region (HKSAR) government will continue to boost the development of the financial services industry, the financial chief of the ... ( read original story ...)
Innovent Receives IFR Asia-Pacific IPO of the Year 2018 and IFR Asia Review Hong Kong Equity Issue of the Year 2018 Awards
HONG KONG, Feb. 27, 2019 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX:01801), today announced that it received the International Finance Review (IFR) Asia-Pacific IPO of the Year 2018 ... ( read original story ...)
HIGHLIGHTS-Hong Kong budget for fiscal 2019/20
The former British colony is grappling with its weakest retail sales growth in 18 months, while visitor spending has been hit by a weaker Chinese yuan which makes Hong Kong more expensive for mainland ... ( read original story ...)
Hong Kong Q4 GDP growth falls to near 3-year low
Economic growth in Hong Kong slowed to its lowest in almost three years in the final three months of 2018, the city’s finance secretary said in his annual budget, citing “mounting external pressures”. ... ( read original story ...)
HK-based Bank of East Asia 2018 profit falls 30 pct as costs rise
HONG KONG, Feb 27 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) reported on Wednesday a 30 percent drop in its 2018 profit with the previous year’s earnings inflated by divestment of some no... ( read original story ...)
Hong Kong’s ailing public hospitals to get HK$5 billion injection in Financial Secretary Paul Chan’s budget for investing in advanced equipment
Plan is part of a basket of morale-boosting measures for public health care as overburdened frontline staff have reached breaking point Many are also watching to see if budget will support a far-reach... ( read original story ...)
Hong Kong Bourse May Extend Tuesday’s Losses
BOC Hong Kong slid 0.46 percent, CITIC advanced 0.33 percent, Sands China added 0.25 percent and Hong Kong & China Gas rose 0.11 percent. The lead from Wall Street suggests mild consolidation as ... ( read original story ...)
Is Hong Kong Education (Int’l) Investments Limited (HKG:1082) A Financially Sound Company?
which I believe provides a ballpark estimate of their financial health status. View our latest analysis for Hong Kong Education (Int’l) Investments Debt funding can be cheaper than issuing new ... ( read original story ...)