The Hong Kong-based company is also considering its home city as a potential listing venue, the people said. FWD has started laying the groundwork for an IPO that could take place in the next couple y... ( read original story ...)
People are mocking Hong Kong’s new $100 bill for resembling “hell money”
The Hong Kong Monetary Authority (HKMA), and the three note-issuing banks (NIBs) (Standard Chartered Bank (Hong Kong) Limited, Bank of China (Hong Kong) Limited and The Hongkong and Shanghai Banking C... ( read original story ...)
Ex-assistant chairman of China’s banking regulator sentenced to 16 years in prison: state media
HONG KONG (Reuters) - The former assistant chairman of China’s banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese ... ( read original story ...)
Beigene goes big, files for $1B IPO on HKEX; others look to follow
HONG KONG – Chinese biopharmaceutical firm Beigene Ltd. filed with the Hong Kong Stock Exchange (HKEX) for a monster IPO that could raise more than $1 billion. It is the second biotech firm to seek an ... ( read original story ...)
What’s driving Hong Kong finance staff to quit
New independent research commissioned by specialised recruiter Robert Half reveals an increase in staff turnover in Hong Kong in the past three years. According to the research, which surveyed 150 Hon... ( read original story ...)
HSBC appoints Surendra Rosha to take over from ailing CEO Jayant Rikhye
The Hongkong and Shanghai Banking Corporation today announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals. Rosha, currently HSBC's Head ... ( read original story ...)
HSBC appoints Surendra Rosha as India CEO
New Delhi: The Hongkong and Shanghai Banking Corporation today announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals. Rosha, currently ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) banks and property stocks are among the bright spots
Hong Kong stocks ended little changed on Friday and mainland Chinese ... although measures announced this week by Beijing to stimulate the economy offered support. The Hang Seng index rose 0.1 percent ... ( read original story ...)
Hong Kong and Taiwan on the frontline as Xi chases ‘China dream’
Andy Chan, a young independence activist, and his Hong Kong National party’s tiny band of supporters do not look — or sound — like a serious threat to the territorial integrity of an emerging superpow... ( read original story ...)
Beijing Towers Over This $9 Billion IPO
China Tower Corp.’s Hong Kong IPO looks like a pretty straightforward affair. There’s a reason why fund managers and index compilers treat global peers like American Tower Corp. and Crown Castle Inter... ( read original story ...)
In for the China biotech gold rush, BeiGene eyes monster $800M-plus Hong Kong IPO
Fast on the heels of Ascletis’ record $400 million raise on the Hong Kong stock exchange, BeiGene is proposing its own IPO in the city — to run parallel with its current listing on Nasdaq. And they ar... ( read original story ...)
Hong Kong prepares to usher in virtual banks, as 60 firms apply to be pioneers in financial revolution
When SagaDigits, a HK$2 million (US$254,820) start-up, wanted to add post-merger shareholders and signatories to its corporate bank account, its chief executive approached a Hong Kong bank for help. W... ( read original story ...)
Bank of East Asia : Hong Kong Blockchain Trade Platform Ready to Launch
in a joint initiative with BOC Hong Kong Holdings, Hang Seng Bank, Bank of East Asia, ANZ Banking Group and DBS Group. “The next major milestone,” said HKMA deputy chief executive Howard Lee, “is to l... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Trade Worries Caution Investors
Hong Kong stocks slipped on Thursday as renewed trade worries prompted caution among investors after a four-day winning streak. The Hang Seng index fell 0.5 percent to 28,781.14 points, while the Chin... ( read original story ...)