Tag: finance

Livi, the virtual bank backed by Bank of China (Hong Kong), has appointed Michael Wang Lan as chief executive, tapping the expertise of a financial manager who previously worked for Tencent-backed ... ( read original story ...)

Walk down just about any runway ramp to your airplane at Calgary International Airport and HSBC advertisements are plastered everywhere. In some tunnels to the tarmac, posters that trumpet the ... ( read original story ...)

Alibaba Group Holding Ltd.’s potential plan to raise $20 billion in Hong Kong is huge. That’s not just because $20 billion is a lot of money. After going public in New York, the Chinese e-commerce ... ( read original story ...)

Hong Kong | Hong Kong is getting a second chance to land the record-breaking deal that got away. Five years after Alibaba Group spurned the city's stock exchange for a $US25 billion ($36.1 billion) ... ( read original story ...)

but has bills to pay in her native Hong Kong. Like many people in her situation, she pays them online. "I do all my banking remotely and I hate wasting time in bank branches," Law, a director at ... ( read original story ...)

CSSC (Hong Kong) Shipping, the sole leasing company under China State Shipbuilding Corporation, launches a Hong Kong initial public offering today to raise up to HK$2.18 billion.The mainland leasing ... ( read original story ...)

(Bloomberg) -- The Chinese government’s first seizure of a bank in more than two decades piles fresh pressure on shares of small lenders that already trade at rock-bottom valuations. A Bloomberg index ... ( read original story ...)

Their firepower stands to go a long way in eroding the highly profitable cartel of HSBC and its Hang Seng Bank subsidiary in Hong Kong. Hang Seng, in which HSBC holds more than 60%, has ... ( read original story ...)

The Hong Kong subsidiary of one of China’s largest brokerages has been fined by the Securities and Futures Commission for its sponsor work related to the listing of China Metal Recycling The fine ... ( read original story ...)

HONG KONG, May 27 (Reuters) - Hong Kong’s securities watchdog has fined the local unit of investment bank China Merchants Securities Co Ltd (CMS) HK$27 million ($3.4 million) for breaching its code of ... ( read original story ...)

Mainland stocks posted solid gains while Hong Kong’s Hang Seng Index finished lower on thin trading ... and China Construction Bank, down 0.64 per cent at HK$6.21. Selective Chinese financials also ... ( read original story ...)

The Hang Seng Index will climb to 31,000 points at the end of this year, supported by better-than-expected corporate earnings growth, the Hongkong and Shanghai Banking ... by about 0.3 percentage ... ( read original story ...)

(Bloomberg) -- China East Education Holdings Ltd., a provider of vocational training, started taking investor orders Monday for a Hong Kong initial public offering that could raise as much as $680 ... ( read original story ...)

BOC Hong Kong (Holdings) Ltd. and Industrial & Commercial Bank of China Ltd. HSBC Holdings Plc, which has a lock on nearly 30% of the city’s deposits, hasn’t even applied.(1) HSBC may have good reason ... ( read original story ...)