China stocks inch up - SSEC 0.1 pct, CSI300 0.1 pct * Hong Kong rebound - HSI 0.8 pct * Financials weighed as insurance regulator punishes Baoneng Group unit * Move comes after securities regulator slams "barbaric" M&A * Small-caps advance in mainland and ... ( read original story ...)
Financial Sec. John Tsang calls for unity and defence of core values as he considers Chief Exec. run
Financial Secretary John Tsang Chun-wah has said Hong Kong must defend its core values and seek unity in working with each other, otherwise the city cannot progress with even the smallest plans. In his latest blog post, Tsang hinted at views he may be ... ( read original story ...)
Dalian Wanda executive in charge of relisting plan resigns
HONG KONG (Reuters) - The chief architect behind Dalian Wanda ... The resignation of Lu Xiaoma from the post of vice president of Dalian Wanda Financial Group signals the difficulties the conglomerate, owned by China's richest man, Wang Jianlin, is having ... ( read original story ...)
Exclusive : McDonald's to keep minority stake in China, HK stores -source
HONG KONG (Reuters) - McDonald's Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," a person with direct knowledge ... ( read original story ...)
The new expat invasion: why more French bankers are moving to Hong Kong
http://news.efinancialcareers.com/hk-en/267404/shenzhen-hong-kong-stock-connect-banking-job/ It’s supposedly been a year of job cuts and expensive expat bankers buying one-way plane tickets back home. But no one told that to the French finance ... ( read original story ...)
HSBC's Rainbow Lion Statues In Hong Kong Slammed By Anti-Gay Groups
Hong Kong, China: A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights. Two plain bronze lions named Stephen and ... ( read original story ...)
HSBC’s LGBT tribute sparks row in Hong Kong
HONG KONG: A pair of lions painted in rainbow stripes displayed outside HSBC’s main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights. Two plain bronze lions named Stephen and Stitt ... ( read original story ...)
HSBC's rainbow lion statues spark row in Hong Kong
Hong Kong (AFP) - A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights. Two plain bronze lions named Stephen and ... ( read original story ...)
Hong Kong and mainland markets open higher
Hong Kong markets opened higher on Tuesday following the upward momentum in US markets, but trade is expected to be cautious ahead of Chinese data due out this week. The Hang Seng Index added ... Other banks followed suit, with Bank of China, ICBC and ... ( read original story ...)
Time To Buy HSBC, Says Morgan Stanley
HSBC (5.Hong Kong/HSBC) gained 1.5% in Hong Kong amid heavy buying after long-time bear Morgan Stanley double upgraded this stock from Underweight to Overweight. Morgan Stanley has been a long-time bear because it is worried HSBC can’t maintain its ... ( read original story ...)
HANG SENG INDEX (INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook
The projected lower bound is: 21,839.86. The projected closing price is: 22,480.46. HANG SENG/Hong Kong INDEX closed down -59.270 at 22,505.551. Volume was 3% below average (neutral) and Bollinger Bands were 33% narrower than normal. HANG SENG INDEX is ... ( read original story ...)
Konka Group and HSBC become the first shares exchanged via Shenzhen-Hong Kong stock connect
The Shenzhen and Hong Kong Stock Connect made a historic debut on Monday, as HSBC and Konka Group became the first shares to be exchanged over the cross-border trading platform. The trading connect scheme, which links China’s southern most stock exchange ... ( read original story ...)
HSBC to accelerate hiring in China next year, defying challenges
[HONG KONG] HSBC Holdings Plc plans to step up hiring in China for its retail and wealth business next year as the UK lender persists with its expansion there despite the country's economic slowdown and measures to stem capital outflows. The bank increased ... ( read original story ...)
What’s behind the rise of Hong Kong’s boutique banking firms?
Where do you start if you want to track down Asia’s leading banking rainmakers? If you rattled off the names of Wall Street powerhouses like Goldman Sachs and JPMorgan Chase, you would be only partly correct. From Hong Kong to London, a rising number of ... ( read original story ...)