(RTTNews) - The Hong Kong stock market has finished lower in ... losses from the insurance companies and casinos, while the financials and oil companies were mixed. For the day, the index lost ... ( read original story ...)
Stocks plunge despite RBI rate cut, financials under pressure
Japanese and Chinese shares dipped while they were flat in Hong Kong, a day after US stocks closed higher. On late Wednesday, sentiment soured after a meeting between US and Mexican officials ended ... ( read original story ...)
Hong Kong tycoons moving personal wealth offshore over fears of Chinese extradition law
The head of the private banking operations of an international bank in Hong Kong, who declined to be named, said clients have been moving money out of Hong Kong to Singapore. “These aren’t mainland ... ( read original story ...)
HSBC : Thousands of Hong Kong Protesters Gather, Govt. Offices Shut after Violence
Thousands of protesters readied in Hong Kong on Thursday for more potential clashes with police over a planned extradition law with mainland China, a day after police fired tear gas and rubber bullets ... ( read original story ...)
Hong Kong stocks inch down on China growth worries
The Hong Kong stock market fell for the third straight session on Friday and pared of some its weekly gains, as China reported lacklustre industrial production data. ** At the close of trade, the Hang ... ( read original story ...)
Rising uncertainty over trade war could weigh on bottom lines at Hong Kong’s banks, KPMG says
The Hong Kong Monetary Authority raised the city’s base lending rate four times in 2018, moving in lockstep with increases by the US Federal Reserve. That allowed the city’s banks, including HSBC, ... ( read original story ...)
Hong Kong top destination for Chinese IPOs, but new Shanghai tech board poses threat, Baker McKenzie says
Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but could face a challenge for initial public offerings from Shanghai’s new ... ( read original story ...)
Banks re-open as Hong Kong returns to normal ahead of weekend protest
HONG KONG (Reuters) - Police kept a close watch over central Hong Kong as the Asian financial hub returned to normalcy on Friday, with banks re-opening branches closed during violent protests ... ( read original story ...)
BOC Hong Kong : BOCHK United Centre Branch resumes services
Bank of China (Hong Kong) Limited ("BOCHK") is a leading commercial banking group in Hong Kong with strong market positions in all major businesses. We have the most extensive local branch network and ... ( read original story ...)
Hong Kong shuts government buildings as protesters gather amid uneasy calm
Our priorities are the safety of our employees and supporting our customers,” said HSBC, whose ground-level public space at its headquarters has previously been a focal point for protests. Hong Kong's ... ( read original story ...)
Billion-dollar IPO shelved amid Hong Kong extradition bill turmoil
HONG KONG -- A billion dollar IPO has been called off in Hong Kong in the latest sign that political unrest sparked by a controversial extradition bill is taking a toll on business sentiment in ... ( read original story ...)
Alibaba Files for a Hong Kong Mega-Listing
A successful deal will rival AIA Group Ltd.’s 2010 IPO as Hong Kong’s largest-ever share sale, a triumph for a city that’s ceded many of China’s largest corporations to U.S. exchanges. Alibaba raised ... ( read original story ...)
ESR highlights challenges facing Hong Kong’s IPO market
HONG KONG (Nikkei Markets) -- ESR Cayman's decision to postpone its $1.24 billion initial public offering reflects growing challenges facing Hong Kong's primary market as political uncertainty ... ( read original story ...)
Hong Kong’s Financial Elite Grow Uneasy as China Tensions Rise
(Bloomberg) -- They executed trades, signed deals and wooed clients. But even as Hong Kong’s financial and corporate elite carried on in the face of mass demonstrations this week, a sense of ... ( read original story ...)