Hong Kong lags behind other developed markets in allowing banks to work with third party service providers to deliver a “smart banking experience” but the Hong Kong Monetary Authority’s latest guideli... ( read original story ...)
The new hot jobs at HSBC in Asia as region’s profit share reaches 87%
HSBC’s results for the first half of 2018 lay bare the extent of the bank’s reliance on Asia. Led by Hong Kong, the region generated 87.6% of its pre-tax profits. Europe, by contrast, contributed 1%. ... ( read original story ...)
China Tower in muted Hong Kong debut for world’s largest IPO in two years
HONG KONG (Reuters) - China Tower Corp Ltd's shares were little changed on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the wo... ( read original story ...)
Hong Kong banks hike mortgage rate, end cheap money era
Home prices in Hong Kong have surged nearly three-fold since 2008, propelled by a supply shortage, cheap financing and big flows of money from Chinese investors. HSBC Holdings, Bank of China (Hong Kon... ( read original story ...)
Hong Kong’s IPO Takeoff Is Running Out of Runway
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
HSBC to pay $765m US fine over crisis-era conduct
Britain's Asia-focused bank HSBC on Monday revealed a $765-million US fine over the lender's actions in the run-up to the subprime crisis, as it also logged rising first-half profits. HSBC said it has ... ( read original story ...)
Banking on Central value
meaning the future property will worth HK$50 billion. Prices of Central offices have been soaring since the auction of the Murray Road car park opposite Hutchison House. I was earlier at the Bank of C... ( read original story ...)
China Tower joins growing list of subdued Hong Kong IPO debuts
HONG KONG (Reuters) - China Tower Corp Ltd’s (0788.HK) shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward the w... ( read original story ...)
China Tower ends flat in HK debut morning as weak mood weighs on biggest IPO in two years
shares were little changed on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment toward the world’s biggest initial public offering (IPO) in ... ( read original story ...)
China Tower barely changed in HK debut after world’s largest IPO in two years
shares opened virtually flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the world's biggest initial public offering (IPO) ... ( read original story ...)
Homeowners beware: Citibank first to raise mortgage rate in Hong Kong
Citibank will raise its mortgage rate for new borrowers in Hong Kong, making it the first major bank to bring the curtain down on more than a decade of cheap funding to buy property. The American lend... ( read original story ...)
Smart Management Co., Ltd. Leaps into Hong Kong, Bringing FXRENT to the Global Hub Market
Having bridgehead in Hong Kong, the center of Asian financial market, Smart Management targets East-Asia and Mainland China SEOUL, South Korea, Aug. 7, 2018 /PRNewswire/ -- Smart Management Co., Ltd. ... ( read original story ...)
Hong Kong Defies Market Slump With Record Summer IPO Haul
Hong Kong IPO bankers aren’t getting much of a break this summer. The city’s market for initial public offerings is in the middle of its biggest summer on record, despite a slumping benchmark stock in... ( read original story ...)
Bluestein R H & Company Upped Newell Brands (NWL) Stake By $990,000; BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (BNKHF) SI Decreased By 22.82%
Bluestein R H & Company increased Newell Brands Inc (NWL) stake by 396% reported in 2018Q1 SEC filing. Bluestein R H & Company acquired 39,600 shares as Newell Brands Inc (NWL)’s stock declined 9.20%. ... ( read original story ...)