Tag: finance

The top 3 financial hubs in the world are London, New York, and Hong Kong. Here’s why. London is the number one financial hub in the world. It is home to one of the world’s oldest and most prominent central banks – the Bank of England. London has bec ... ( read original story ...)

“Candidates often tell me they are looking to get any banking job – just to make the move to Asia ... Saying that “either Dubai or Hong Kong will do” will doom your candidacy – banks want you to show commitment to the country and to the ... ( read original story ...)

HONG KONG (Reuters) - Goldman Sachs (GS.N) has hired Cai Wei as partner and co-head of its China investment banking division, it said in an internal memo, which was confirmed by a Goldman Sachs spokeswoman. This is the first time Goldman Sachs has hired a ... ( read original story ...)

Th e authority wants mainland residents who bought insurance policies in Hong Kong to be able to pay their premiums and make claims from China. Cheng said he has discussed the idea with officials at the China Banking and Insurance Regulatory Commission and ... ( read original story ...)

Hong Kong stock exchange’s listing reform helped to boost the amount of funds raised from IPOs by 78 per cent to a three-year-high in the first half, but that was still not enough to topple New York from the top global IPO spot, according to data from ... ( read original story ...)

HONG KONG (Reuters/IFR) - China’s Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said on Friday. ( read original story ...)

Xiaomi's big Hong Kong IPO is shrinking. The Chinese smartphone maker is set to raise about 36 billion Hong Kong dollars ($4.7 billion) after pricing its public offering at the bottom of the planned range, a person familiar with the IPO told CNNMoney. ( read original story ...)

HONG KONG (Reuters/IFR) - China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said ... ( read original story ...)

New Delhi: After Firstpost exposed irregularities in the operations of Indian public sector banks in Hong Kong, the banking regulator in the Special Administrative Region (SAR) of China has initiated a clean-up operation by subjecting banks to rigourous ... ( read original story ...)

HONG KONG (Reuters/IFR) - China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said ... ( read original story ...)

HONG KONG (Reuters/IFR) - China Tower, the world’s largest mobile mast operator, has won approval in Hong Kong for an IPO that could raise up to $10 billion, according to people familiar with the situation. The news comes as investors and bankers were on ... ( read original story ...)

In May, the bank applied for approval to set up a majority-owned securities ... The reorganisation coincides with the overhaul that Hong Kong’s stock market operator and securities regulator pushed through last year, changing the city’s listing ... ( read original story ...)

Hang Seng Bank, the 85-year-old Hong Kong lender owned by HSBC, said it will allow existing customers with good credit histories to apply for personal loans, as it uses big data analysis and financial technology to replace old-fashioned banking practises. ( read original story ...)

BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is one of the largest listed companies on the main board of the Stock Exchange of Hong Kong, with stock code "2388" and ADR OTC Symbol "BHKLY". ( read original story ...)