Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of competition for the city ... ( read original story ...)
Hong Kong’s benchmark stock index bursts through 30,000 points again as HSBC profit beats estimates
Hang Seng Bank, the fourth-largest bank listed in Hong Kong, climbed 4 per cent after announcing a dividend of HK$1.4 per share. HSBC first-quarter profit rises 34 per cent on growth in Asia, to add ... ( read original story ...)
As biotechnology firms become the darlings of Hong Kong’s IPO market, their executives get outsized pay packets. Here’s why
Biotechnology firms, one of the two targets in Hong Kong’s largest listing reforms in three decades, have become the latest darlings of Asia’s second-biggest capital market, making their chief ... ( read original story ...)
Viva Biotech Raising $194 Million in Hong Kong IPO for CRO Operations
"using living things to create products or to do tasks for humans" About Biotechnology - Biotech Biotechnology is the practice of using plants, animals and micro-organisms such as bacteria, as well as ... ( read original story ...)
HSBC Built a Financial Fortress Around Hong Kong. Now It Faces Its Biggest Threat in Years
HSBC Holdings Plc spent 150 years building a financial fortress around Hong Kong that touches nearly every aspect of life in the former British colony. One of the bank’s biggest threats? A pack of ... ( read original story ...)
BOC Hong Kong : Financial and Business Review for the First Quarter of 2019
THIS ANNOUNCEMENT IS MADE BY THE COMPANY PURSUANT TO RULE 13.09 OF THE RULES GOVERNING THE LISTING OF SECURITIES ON THE STOCK EXCHANGE OF HONG KONG LIMITED The following description provides certain ... ( read original story ...)
BOC Hong Kong : Statement on Phishing SMS Messages and Fraudulent Mobile Banking Logon Page
BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is one of the largest listed companies on the main board of the Stock Exchange of Hong Kong, with stock code "2388" and ADR OTC Symbol "BHKLY ... ( read original story ...)
BRIEF-BOC Hong Kong Posts Qtrly Operating Profit Before Impairment Allowances Of HK$10,928 Mln
April 29 (Reuters) - BOC Hong Kong Holdings Ltd: * QTRLY NET OPERATING INCOME BEFORE IMPAIRMENT ALLOWANCES HK$14,502 MILLION VERSUS HK$13,839 MILLION * Q1 OPERATING PROFIT BEFORE IMPAIRMENT ... ( read original story ...)
Fosun biotech unit Henlius has no plans for Shanghai tech board listing and is focused on Hong Kong IPO
Shanghai Henlius Biotech, a spin-off of Hong Kong and mainland China-listed Fosun Pharmaceutical, said it had no immediate plans of listing on Shanghai’s upcoming Technology Innovation Board, as it ... ( read original story ...)
Hong Kong Banks Are on an Unusual Hiring Spree
Hong Kong’s banking sector, one of the most staid areas of its financial industry, is seeing an unusual spurt of recruitment as newly licensed virtual banks race to snap up talent. Four ventures that ... ( read original story ...)
Hong Kong economy experienced minor growth in first quarter of 2019, financial secretary says
Hong Kong’s economy grew slightly in the first three months of this year despite a bad start to 2019 worldwide amid the raging US-China trade war, the city’s financial secretary said on Sunday. ... ( read original story ...)
Clifford Chance, Latham & Watkins on Chinese Brokerage’s $1.2B Hong Kong IPO
Clifford Chance and Latham & Watkins had lead roles on Beijing-based securities brokerage house Shenwan Hongyuan Group Co. Ltd.’s $1.16 billion initial public offering in Hong Kong—the biggest listing ... ( read original story ...)
HSBC Preps Cost Cuts as CEO Flint Scolds Senior Bankers
HSBC Holdings Plc has started a cost review that could lead to job cuts, as Chief Executive Officer John Flint rebuked top managers at a meeting in Hong Kong last month for missing revenue and cost ... ( read original story ...)
Shenwan Hongyuan falls flat in its Hong Kong trading debut as investors are lukewarm about Asia’s largest IPO so far this year
Flooding and mudslides kill at least 60 in South Africa Japan’s reluctant princess enters the limelight: Meet empress Masako Hong Kong’s biggest initial public offering (IPO) of 2019 kicked off with a ... ( read original story ...)