Tag: banking

That choice pits the top global financial centers, London and New York, against each other, while Hong Kong, Tokyo, Singapore and Toronto are also on the top contender list. The initial public offering (IPO) would make the company the largest publicly ... ( read original story ...)

Hong Kong stocks advanced for a third day running on Wednesday, as strong earnings expectations pushed up a bunch of large cap blue-chip stocks, including CK Hutchison Holdings, the conglomerate owned by Hong Kong’s richest man Li Ka-Shing. The Hang Seng ... ( read original story ...)

Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) has announced the ACMI placement of three 747-400 freighters with Hong Kong Air Cargo Carrier Limited, a subsidiary of Hong Kong Airlines, the company said. The aircraft will be operated by Atlas Air ... ( read original story ...)

Hong Kong stocks powered ahead on the first trading day of August ... “differentiated regulations”, suggesting it may give industry players with better financial positions more room to try out new products. Ping An Insurance, China’s second-largest ... ( read original story ...)

Chinese shares traded in Hong Kong closed at the highest level since August 2015 as insurers and brokerages advanced, while energy companies extended Monday’s rally. The Hang Seng China Enterprises Index climbed 1.8 percent. Financial stocks accounted ... ( read original story ...)

Aug 2 (Reuters) - Hong Kong shares rose for a third straight session on Wednesday, as investors continued to chase mainland financials and materials firms. The Hang Seng index finished 0.2 percent higher at 27,607.38 points, while the China Enterprises ... ( read original story ...)

(Bloomberg) -- Hong Kong stocks climbed, capping the biggest monthly advance since January, with Chinese investors piling into the city’s stocks amid tightening liquidity on the mainland. HSBC Holdings Plc surged to the highest since 2014 after ... ( read original story ...)

HSBC (0005) said in a filing with the Hong Kong stock exchange that it will commence the share buyback for up to US$2 billion (HK$15.6 billion) today until no later than December 31. HSBC said Credit Suisse will act as principal in conducting the share ... ( read original story ...)

HSBC has announced a $2bn share buyback in 2017 ... Mr Gulliver said that interest rates in Hong Kong were lagging behind those in the US and that he expected them to catch up in the second half of the year, generating “another great, substantial ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares headed toward 26-month highs on Tuesday, with Chinese insurers and banks driving gains as earnings expectations gather wind. The Hang Seng Index added 0.7% to 27,524.07 by midday, on course for its highest ... ( read original story ...)

a director of VC Brokerage in Hong Kong, said technology and financial stocks will continue their winning streak today as the significant overnight gain in Wall Street is likely to spill over to the bourse. “The market is now in a hot trend,” he said. ( read original story ...)

He said Hang Seng Bank would increase its dividend payment by at least HK$0.3 per share in 2017. The downside risk, Agarwal said, would be a sharp increase in bad loans in Hong Kong and mainland China. “Also, a very high interest rate increase would be ... ( read original story ...)

This close involvement could work in favor of a listing in Hong Kong, home to China’s biggest bourse that accepts IPOs by companies based in other countries. China Investment Corp., the nation’s sovereign wealth fund, could take part in an Aramco ... ( read original story ...)

Hong Kong’s financial watchdogs are toughening their language ... Recently both the HKEX and the SFC have begun acting more aggressively in individual cases to block IPOs or question capital raisings. In the past year, the two have also consulted ... ( read original story ...)