HSBC Holdings Plc was left off the list of banks arranging China’s sovereign dollar debt sale for the first time since the nation returned with big annual deals in 2017. ( read original story ...)
Will HSBC shares ever get back to 500p?
Most of the group’s profits come from its Hong Kong operations, so management may be forced to put Chinese interests ahead of other markets. HSBC is obviously going through a difficult period. ( read original story ...)
China Market Update: Policy Support Lifts Mainland & Hong Kong Equities
China and Hong Kong paid tribute to Eddie Van Halen (RIP) by opening higher and going “higher and higher” due to several positive policy developments. ( read original story ...)
HANG SENG BK LT/S (OTCMKTS:HSNGY) Coverage Initiated at Jefferies Financial Group
Stock analysts at Jefferies Financial Group started coverage on shares of HANG SENG BK LT/S (OTCMKTS:HSNGY) in a research report issued to clients and investors on Monday, The Fly reports. The ... ( read original story ...)
Mainland Chinese bankers are taking over Hong Kong’s financial sector, displacing their local peers in top roles
Hongkongers’ share of investment banking jobs in the city has slumped to about 30 per cent from 40 per cent two years ago, while mainlanders now account for more than half of senior roles. ( read original story ...)
Deutsche Bank subsidiary files petition seeking liquidation of Hong Kong-listed developer Goldin Financial Holdings
A subsidiary of Deutsche Bank has filed a petition in Bermuda seeking the liquidation of Hong Kong-listed developer Goldin Financial Holdings, the company said in a filing to the city’s exchange on ... ( read original story ...)
ICBC’s Biggest Surge in 3 Years Bodes Well for Hong Kong Stocks
Justin Chin/Bloomberg For some investors, Chinese bank shares in Hong Kong finally became cheap enough to buy. Industrial & Commercial Bank of China Ltd. surged as much as 7.2%, its best intraday gain ... ( read original story ...)
APAC Stocks Weekly Outlook: Dow Jones, Hang Seng Index, ASX 200
Pacific equities started the week on a positive note, led by mainland China and Hong Kong markets. The offshore renminbi (CNH) fell. Australian shares test a key resistance. ( read original story ...)
Hong Kong Bourse May End Losing Streak
The Hong Kong stock market has tracked lower in back-to-back sessions, sinking more than 120 points or 0.5 percent along the way. The Hang Seng Index now rests just beneath the 24,120-point plateau ... ( read original story ...)
Hong Kong bankers losing their jobs to mainland China rivals
HONG KONG (BLOOMBERG) - Hong Kong's home-grown investment bankers are rapidly losing their status as the city's go-to dealmakers, supplanted by mainland Chinese rivals who now hold a majority of ... ( read original story ...)
Hong Kong’s Bourse Sees Covid Firms Prolonging Boom in IPOs
Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of ... ( read original story ...)
Hong Kong bets on Ant’s giant IPO to keep up listings bonanza
Hong Kong bankers and investors hope Ant Group's huge initial public offering will crown a stellar year for listings -- but they know it will be pivotal for the direction of the territory's stock ... ( read original story ...)
Ant Group’s IPO unlikely to be hurt by possible US curbs
HONG KONG: Ant Group’s US$35bil initial public offering (IPO) is unlikely to suffer from any US restrictions on the Chinese financial technology giant due to its very limited overseas presence, ... ( read original story ...)
Hong Kong Bankers Are Losing Their Jobs to Mainland China Rivals
Hong Kong’s homegrown investment bankers are rapidly losing their status as the city’s go-to dealmakers, supplanted by mainland Chinese rivals who now hold a majority of senior jobs in Asia’s biggest ... ( read original story ...)