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Tag: finance

Posted on 26/09/2018

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as new tariffs kick in

Property shares had fallen sharply in Hong Kong on Monday on the prospect of the system being ... The last signal was a sell 0 period(s) ago. HANG SENG INDEX closed down -454.189 at 27,499.391. Volume ... ( read original story ...)

Posted on 26/09/2018

East Asia ETF Breakdown: Hong Kong, Malaysia, And South Korea

The Malaysia and Hong Kong ETFs are cost efficient options compared to the South Korea one. At the same time, exposure to the financial sector is less in the South Korea ETF relative to both the ... ( read original story ...)

Posted on 25/09/2018

Are Hong Kong’s banks doing enough to help their handicapped or elderly customers?

... who focuses on accessibility issues The Hong Kong Association of Banks put new guidelines in place in March to encourage its members to adopt best practices for “barrier free” access to banking se... ( read original story ...)

Posted on 25/09/2018

Hong Kong’s money rate soars to decade high before US Fed raises key interest rates

Commercial banks have so far left their prime rates unchanged since 2008 even as the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has been raising its base lending in lock st... ( read original story ...)

Posted on 25/09/2018

Hong Kong: HANG SENG INDEX (.HSI) US imposed fresh tariffs on $200 billion worth of imports from China

The Hang Seng Index was up 2.4 percent last week while the Shanghai Stock Exchange Composite Index had an even bigger rise, up more than 4 percent. Don’t you think this was a bit abnormal? But, as see... ( read original story ...)

Posted on 24/09/2018

Hong Kong’s IPO market is headed for a banner 2018

Hong Kong is on track to top the global IPO market in 2018, according to KPMG. The financial services giant expects new listings to total more than 300 billion Hong Kong dollars ($38.4 billion) by the ... ( read original story ...)

Posted on 24/09/2018

Hong Kong plugs into China’s high-speed rail network

But democracy campaigners in Hong Kong have attacked Beijing’s decision to turn part ... the passengers lining up on Sunday to try the new service, which connects the financial centre to 44 cities in ... ( read original story ...)

Posted on 23/09/2018

Week In Review: WuXi AppTec Files For $1 Billion+ Hong Kong IPO At $13 Billion Valuation

WuXi AppTec (SHA:603259) has filed for a Hong Kong IPO that is expected to raise at least $1 billion (see story). The company, China's largest CRO/CMO, completed a $354 million IPO on the Shanghai ... ( read original story ...)

Posted on 21/09/2018

Hong Kong dollar posts biggest increase against US dollar in 15 years, after China introduces plan to sell bills in city

The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)

Posted on 21/09/2018

What is good for the Hong Kong dollar is bad for property markets

The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)

Posted on 21/09/2018

Banking sector makes up 62pc of HK gross external debt

Hong Kong's gross external debt amounted to HK$13.05 trillion, or 472 percent of GDP, at the end of the second quarter, the Census and Statistics Department, reported. The banking sector accounted for ... ( read original story ...)

Posted on 21/09/2018

Hong Kong Green Finance Association is Officially Launched at Today’s 2018 Green Finance Forum & Launch Ceremony

HONG KONG, Sept. 21, 2018 /PRNewswire/ --The 2018 Green Finance Forum & Launch of the Hong Kong Green Finance Association was held at the Hong Kong Stock Exchange today, which marked the official ... ( read original story ...)

Posted on 21/09/2018

Hong Kong SFC announces green finance strategic framework

HONG KONG, Sept. 21 (Xinhua) -- Hong Kong's Securities and Futures Commission (SFC) on Friday announced its strategic framework to contribute to the development of green finance in Hong Kong. A priori... ( read original story ...)

Posted on 21/09/2018

Hong Kong Dollar Jumps Most Since 2003 as Liquidity Tightens

Thanks to the currency peg, Hong Kong has little choice but to import U.S. monetary policy. Years of ultra low borrowing costs in the wake of the global financial crisis has helped fueled a housing bu... ( read original story ...)

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