Tag: banking

so there were no Hong Kong dollars left to finance short sellers. Read: Lessons from 1997 show how it’s scary being a bear on the Hong Kong dollar The currency peg exposes Hong Kong’s economy to the ups and downs of the US economic cycle as the US Fed ... ( read original story ...)

Paul Chan, Hong Kong’s financial secretary, said: “This will facilitate the healthy development of stock connect, and facilitate international investors’ access to the mainland’s stock markets and mainland investors’ access to Hong Kong’s stock ... ( read original story ...)

Hong Kong’s stock market climbed on Tuesday morning, as President Xi Jinping committed to further opening China’s economy in a keynote speech in Boao. Mainland markets were mixed. The benchmark Hang Seng Index and the Hang Seng China Enterprises Index ... ( read original story ...)

The gap between the two has widened since the 2008 financial crisis, as the U.S. central bank has started raising interest rates. However, the Hong Kong money market remains awash with liquidity thanks to equity market inflows and remnants of money ... ( read original story ...)

But alcohol played a part. https://news.efinancialcareers.com/hk-en/311815/asia-technology-internships/ I interned at a top US bank in Hong Kong last summer and I was lucky enough to secure a return job offer. The bank asked me whether I wanted to start ... ( read original story ...)

Canaan Rules out IPO on Chinese Stock Exchanges? Canaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, is reportedly considering launching an initial public offering (IPO) in ... ( read original story ...)

Watch live coverage of the HSBC World Rugby Sevens Series men's tournament from Hong Kong in the video player above. Action resumes at 9:30 p.m. ET. Canada fell short of the quarter-finals after losing 17-12 to Spain in their final game of pool play. ( read original story ...)

HONG KONG (Reuters) - Sichuan Haidilao Catering ... as joint sponsors for the proposed IPO, two of the people said. The IPO could come in the second half of the year, they said. The planned listing comes as the Beijing-based restaurant operator looks ... ( read original story ...)

But alcohol played a part. https://news.efinancialcareers.com/hk-en/311815/asia-technology-internships/ I interned at a top US bank in Hong Kong last summer and I was lucky enough to secure a return job offer. The bank asked me whether I wanted to start ... ( read original story ...)

LONDON (Reuters) - HSBC (HSBA.L) will seek to cut internal bureaucracy and ... Mark Tucker, the bank’s first externally appointed chairman, told analysts and investors at a meeting in Hong Kong that trimming the bank’s bloated governance structure ... ( read original story ...)

BEIJING: China on Monday said that Hong Kong can accede to India's request to arrest fugitive Indian diamond merchant Nirav Modi based on local laws and mutual judicial assistance agreements. Also read: BSE CEO reveals how much banking sector lost due to ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific, as it bets on China’s drive to build a modern-day Silk Road to help grow its business. ( read original story ...)

Mukhtar Hussain, who first joined HSBC in 1982, will start in his new role on July 1. HONG KONG: HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific ... ( read original story ...)

Paula DiPerna is a visiting fellow at Civic Exchange, a Hong Kong-based environmental think tank. On a recent Sunday along Victoria Harbour, smog and haze hung so thickly that the spectacular skyline seemed like stage scenery veiled in shadowy disguise. ( read original story ...)