open-air parking lots and cargo terminals in the northern part of Hong Kong that can be converted for residential use — are insufficient to relieve the land shortage in the long term. Financial ... ( read original story ...)
Hong Kong to hold 12th Asian Financial Forum to discuss economic sustainability
HONG KONG, Jan. 3 (Xinhua) -- The 12th Asian Financial Forum will be held on Jan. 14 to 15 in Hong Kong, with attendees from different countries and regions discussing the latest global economic situa... ( read original story ...)
Hong Kong central bank fines JPMorgan Chase for money laundering failures
The Monetary Authority reprimands and fines JPMorgan Chase Bank, National Association, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. (a) h... ( read original story ...)
Hong Kong’s IPO market: hot no more
The Hong Kong Stock Exchange recorded HK$286.5bn ($36.6bn) in funds raised last year, an impressive 123% jump from 2017, to overtake the New York Stock Exchange. That may be cause for some celebration ... ( read original story ...)
Hong Kong Plunges in Year’s First Session
Markets in Japan were shut down for the day, as were indexes in New Zealand In Hong Kong, the Hang Seng Index tumbled ... Australia and New Zealand Banking Group dropped 2.5%, Commonwealth Bank of Aus... ( read original story ...)
The six most popular career changes in Asian banking for 2019
Recruiters in Singapore and Hong Kong say they have noticed an uptick in candidates contacting them about shifting into new parts of the banking sector. This is, of course, far from ... ( read original story ...)
HKMA Slaps $1.6M Fine on JPMorgan Hong Kong over AML Breaches
fine on JPMorgan Chase & Co’s Hong Kong branch and reprimanded it over lapses in the bank’s money laundering and terrorist financing rules, between April 2012 and February 2014. An HKMA investigation ... ( read original story ...)
SMEs expected to dominate Hong Kong IPO in 2019
PwC expects Hong Kong market will be dominated by small and medium size IPOs in 2019, with an expected total fundraising between HK$200 billion to 220 billion supported by a healthy pipeline of over 2... ( read original story ...)
China Tobacco’s IPO Will Be Far From Smoking Hot
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
Overseas unit of China’s cigarette monopoly files for Hong Kong IPO
HONG KONG (Reuters) - China Tobacco International, the overseas subsidiary of China’s state-owned tobacco monopoly and the world’s largest tobacco producer by volume, has filed for a Hong Kong ... ( read original story ...)
HSBC ups deposit rates
The bank said the three and six-month HK dollar and US dollar time deposit rates for HSBC Premier, Advance and Personal Integrated Account customers remain unchanged. The one-month HIBOR was at 2.24 p... ( read original story ...)
IPO investors in Hong Kong hit hard in 2019
Forget the dream of many in Hong Kong for the city to become the world's top center for initial public offerings (IPOs). Given the ramifications of the trade war, maybe it is more important that ... ( read original story ...)
Hong Kong Stocks Kick Off Year With Biggest Tumble Since October
(Bloomberg) -- Hong Kong shares plunged on the first trading day of the year, extending 2018’s decline as Chinese factory data pointed to a worsening economic slowdown. The Hang Seng Index fell 3 perc... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) 2019 Outlook Flat
The last signal was a sell 5 period(s) ago. HANG SENG INDEX is currently 27.9% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average ... ( read original story ...)