On Sunday, Bank of Jinzhou Co., a small regional lender in the rust ... At this price, ICBC and Cinda could easily buy better assets: Hong Kong banks, for instance, are valued in the same neighborhood ... ( read original story ...)
Hong Kong-Based Financial Services Firm AMTD Sets Terms For $172M New York IPO
Hong Kong-based financial services firm and boutique investment bank AMTD International has set the terms for an initial public offering (IPO) on the New York stock exchange to raise US$172 million at ... ( read original story ...)
Hong Kong-Based Financial Services Frim AMTD Sets Terms For $172M New York IPO
Hong Kong-based financial services firm and boutique investment bank AMTD International has set the terms for an initial public offering (IPO) on the New York stock exchange to raise US$172 million at ... ( read original story ...)
Four associates of bookmaking ex-sergeant in Hong Kong police found guilty of laundering more than US$12.8m from illegal horse and football betting
The court heard the youngest So, being a taxi driver, had more than HK$11.4 million in his HSBC account while Lo, a sales manager, had HK$35 million in Bank of China. Retired detective Tsang kept HK$6 ... ( read original story ...)
BOC Aviation: 18 Aircraft Scheduled for Delivery in 1st Half Have Been Delayed
BOC Aviation said Tuesday that it received fewer than half of its planned new jets in the first half of the year, citing production problems at Airbus SE (EADSY) and the grounding of the Boeing 737 ... ( read original story ...)
Hong Kong Stock Market May Halt Its Slide On Tuesday
BOC Hong Kong declined 1.61 percent, Sands China sank 1.27 percent, CPC Pharmaceutical dropped 1.01 percent, China Petroleum and Chemical (Sinopec) shed 0.97 percent, CNOOC lost 0.91 percent ... ( read original story ...)
Hong Kong Stocks Succumb to Protests With Local Economy at Risk
The MSCI Hong Kong Index was little changed Tuesday even as stocks rallied across Asia. While Hong Kong’s financial markets had been surprisingly resilient, traders are losing faith as the violence ... ( read original story ...)
China’s Beijing Kunlun to revisit Grindr IPO
HONG KONG/NEW YORK — Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr Inc, after a U.S ... ( read original story ...)
IPO Update: AMTD International Proposes U.S. IPO Terms
Given AMTD’s volatile track record, an uncertain trading environment in Hong Kong, an intensifying competitive landscape, and pricey IPO valuation expectations, I'll be avoiding this IPO. ... ( read original story ...)
Hong Kong’s protests hurt business
CNN) - Hong Kong's most serious political crisis in more than 20 years is taking its toll on the economy and beginning to shake the confidence of international investors. Paul Chan, the top finance ... ( read original story ...)
Hong Kong Bourse Tipped To Open In The Green
Hong Kong & China Gas and AAC Technologies both dropped 0.45 percent, AIA Group sank 0.40 percent, BOC Hong Kong lost 0.32 percent, China Petroleum and Chemical (Sinopec) fell 0.19 percent ... ( read original story ...)
Hong Kong Bourse Draws Another Green Light
BOC Hong Kong gathered 0.65 percent, CITIC perked 0.57 percent, Industrial and Commercial Bank of China collected 0.55 percent, Ping An Insurance advanced 0.43 percent, Galaxy Entertainment added ... ( read original story ...)
China market round-up: two more corporations default, BOC publishes Cifed index, Mirae launches biotech and cloud computing ETFs
Mirae Asset Global Investments launched the Mirae Asset Horizons China Biotech ETF and Mirae Asset Horizons China Cloud Computing ETF in Hong Kong, according to a Thursday press release. The two ETFs ... ( read original story ...)
Customs tasked to create ‘strike team’ vs. garbage imports
“Finance Secretary Carlos Dominguez III has directed Commissioner Rey Leonardo Guerrero of the Bureau of Customs (BOC) to look into ... including Canada, Hong Kong, Australia, and South Korea ... ( read original story ...)