Tag: banking

A decline in energy prices ahead of OPEC undermined Hong Kong stocks, but the overall tone was slightly ... a slightly weaker US currency on Tuesday providing some support. The Hang Seng index moved significantly higher at the market open, repeating ... ( read original story ...)

Bank of China (Hong Kong) ("BOCHK") today announced the launch of Blockchain technology for property valuation and completed the first case with its partnered surveyor. The new technology can speed up the valuation and loan approval processes and enhance ... ( read original story ...)

SINGAPORE/HONG KONG Standard Chartered (STAN.L) is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs. ( read original story ...)

[HONG KONG] CSC Financial Co, the Beijing-based brokerage and investment bank, and an existing shareholder are seeking as much as US$1.06 billion in a Hong Kong initial public offering. The company, formerly known as China Securities Finance Co, and the ... ( read original story ...)

... s largest bank by assets, has gained 1.9 percent in Hong Kong this year, underperforming the Hang Seng’s 4.3 percent advance. In Shanghai, the shares have lost about 1 percent. CICC’s most-recommended banks: Merchants Bank’s most-recommended banks: ( read original story ...)

The Hang Seng index rose 0.5 percent, to 22,830.57, while the China Enterprises Index gained 0.9 percent, to 9,875.54 points. Small-caps, which will be included in the Shenzhen-Hong Kong Stock Connect, were the biggest gainers, with the Hang Seng Composite ... ( read original story ...)

Financial Secretary John Tsang Chun-wah dismissed speculation that he would express his intent to run for Hong Kong’s top job as he headed to Beijing to meet with key officials. Speaking at the airport before his departure on Sunday morning, Tsang ... ( read original story ...)

“We continue to support David Baazov,” Stanley Choi, chairman of Head and Shoulders Financial Group, said in a phone interview from Hong Kong, adding that he’s “not at all” concerned about what happened in the past week with KBC. He declined to ... ( read original story ...)

A huge rainbow flag led thousands through the streets of Hong Kong Saturday as the city's LGBT community braved the rain and wind to call for equality at its annual pride parade. Participants dressed for this year's "naughty green" theme sang and danced ... ( read original story ...)

Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong ... ( read original story ...)

The HKSAR Government welcomed the announcement. Financial Secretary John Tsang thanked the relevant Central Authorities for their staunch support for the Shenzhen-Hong Kong Stock Connect “The regulatory authorities as well as exchanges and clearing ... ( read original story ...)

Chief Executive Leung Chun-ying has dismissed allegations that he used his influence six years ago to secure an internship for his younger daughter at an international investment bank Leung Chung-yan was still at secondary school at the time and her father ... ( read original story ...)

which has underpinned confidence and there are also expectations that capital flows into Hong Kong equities from the mainland will strengthen. After opening little changed, the Hang Seng index moved sharply higher in the first 30 minutes of trading with a ... ( read original story ...)

Hong Kong stocks notched up their biggest ... partly due to the bank’s share repurchase scheme. Yip said the short-term rebound hasn’t reached an end but the Hang Seng Index will face more resistance at 23,000 to 23,600. Brett McGonegal, chairman ... ( read original story ...)