Tag: banking

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an ... ( read original story ...)

Stocks in Hong Kong rose on Tuesday as Beijing and Washington are said to be preparing for fresh trade talks, helping investors overcome the overnight rout in the U.S. markets. The Hang Seng index gai... ( read original story ...)

Amid a banner year for Hong Kong listings, cracks are starting to show in the world’s biggest market for initial public offerings. A parenting website part-owned by Alibaba Group Holding Ltd. on Tuesd... ( read original story ...)

Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller than expected Hong Kong IPO of up to $233 million on Tuesday, amid a weak stock market and a string of poor pe... ( read original story ...)

Visiting Hong Kong last year to celebrate 20 years since it was returned ... It subsequently rejected the visa renewal application of Victor Mallet, the Financial Times’ Asia news editor, after he hos... ( read original story ...)

with the CSI300 down -1.4% and the Hang Seng down -2.4%. The Chinese regulator announced that it was setting lending targets for banks to private sector companies, which weighed on Chinese bank stocks ... ( read original story ...)

Hong Kong shares edged higher on Thursday following a Wall Street rally driven by relief that U.S. midterm elections produced no major surprises, and as China’s big three telecoms firms rose on new ne... ( read original story ...)

HSBC, Europe’s largest bank and one of Hong Kong’s biggest financial services employers, said it was increasing the number of holidays for employees to help them improve their work-life balance in a c... ( read original story ...)

Chinese steel trading website Zhaogang.com Inc. is dropping plans to use a dual-class share structure in its Hong Kong initial public offering, people with knowledge of the matter said. Zhaogang.com p... ( read original story ...)

HONG KONG — The Asia editor of the Financial Times has been refused entry to Hong Kong, weeks after the semi-autonomous Chinese territory refused to renew his work visa. The newspaper reported that Vi... ( read original story ...)

The Hong Kong Exchanges and Clearing on Wednesday reported a better-than-expected 20 per cent jump in its net profit during the third-quarter, after its largest listing reform in decades sparked an in... ( read original story ...)

A number of HSBC’s PayMe app users had their e-wallets compromised after hackers targeted private email accounts, Hong Kong’s biggest bank said on Thursday. HSBC said they were notified of the email a... ( read original story ...)

BOC’s new lease for the space ... The cut-rate lease for the high-end location comes despite signs of a recovery in Hong Kong’s mainstream retail market elsewhere in the city, as the market for luxury ... ( read original story ...)

“Welcome to my home,” says Cath Osburn, as she opens the door to her beautiful, four-bedroom houseboat. “Although maybe not for much longer.” The Osburns — New Zealander Cath, her husband, two childre... ( read original story ...)