Tag: banking

Doing so would help the sector maintain its competitive edge in the area that covers Hong Kong, Macau and nine Guangdong cities in the Pearl River Delta, Ginger Cheng, the China head of large and mid-cap corporates at Singapore’s DBS Bank told the Asian ... ( read original story ...)

Financial technology giant Finastra launched a “centre of excellence” focusing on the future of banking in Hong Kong’s Cyberport on Tuesday. Robert Smith, the chief executive of Finastra’s parent, private equity fund Vista, said the new centre ... ( read original story ...)

Hong Kong’s benchmark stock index rose 1.8 per cent to close at a historical high, on optimism the city’s stock exchange will see a flurry of initial public offerings from June that will help it regain its crown as the world’s favourite destination ... ( read original story ...)

"The nickname for the Hang Seng is now the Tencent index." Share prices have also been buoyed by renewed optimism over the Chinese economy, and a torrent of money from mainland China flowing into big stocks like bank HSBC (FTRXX), Wong said. Hong Kong ... ( read original story ...)

HONG KONG (Reuters) - China's largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning ... ( read original story ...)

Hong Kong ended 2017 placing third in the global IPO race. That’s the first time in three years that the city lost its coveted fundraising top spot to New York — and the first time ever to fall behind Shanghai. But early forecasts suggest it may ... ( read original story ...)

Hong Kong was surpassed last year by New York and Shanghai as the world’s largest destination for IPOs. The stock market operator and regulator pushed through an overhaul of the exchange’s listing regulations last year to make Hong Kong a more ... ( read original story ...)

That's not to say the window isn't open for Chinese companies tapping the Hong Kong IPO market. C-Mer Eye Care Holdings Ltd., backed by the tech giant Tencent Holdings Ltd., surged 85 percent in its debut Monday. The eye-clinic chain was oversubscribed at ... ( read original story ...)

Hong Kong is set for its second heavyweight fintech flotation in less than seven months, as China’s largest online wealth management platform lines up a listing in the city in April, which experts now hope will do wonders to act as a magnet for other ... ( read original story ...)

Want a quick ride up the salary ladder in Hong Kong banking? These are the best 10 jobs. https://news.efinancialcareers.com/hk-en/305287/recruiters-asia-frustrated-by-candidates/ Are you a young banking professional in Hong Kong looking to enter a job ... ( read original story ...)

Saudi Arabia has shortlisted New York, London and Hong Kong – singly or in a combination of two or even all three – for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said. ( read original story ...)

* GAO YINGXIN RE-DESIGNATED FROM NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR, APPOINTED AS VICE CHAIRMAN, CHIEF EXECUTIVE Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

HONG KONG (S&P Global Ratings) Jan. 11, 2018--S&P Global Ratings affirmed its 'A-' local currency long-term insurer financial strength and issuer credit ratings on BOC Insurance Co. Ltd. The outlook is stable. We affirmed the ratings because we expect the ... ( read original story ...)

Among the actives, Kunlun Energy surged 3.55 percent, while BOC Hong Kong soared 2.51 percent, Li & Fung plummeted 2.33 percent, Lenovo Group tumbled 1.53 percent, CITIC Limited spiked 0.86 percent, China Resources Power dropped 0.71 percent, Galaxy ... ( read original story ...)