A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong , Reuters/Bobby Yip HSBC Holdings Plc Chief Executive Officer John Flint and Chairman Mark Tucker are considering shrinking the bank’s global imprint even ... ( read original story ...)
Paul John names five Hong Kong Sevens first-timers as hosts continue hunt for elusive World Series berth
He was thrown into the cauldron of the Cathay Pacific/HSBC Hong Kong Sevens in his first few weeks in the city but now Paul John has had a chance to catch his breath and make his mark on his new side. That was evident in his squad for this weekend’s ... ( read original story ...
Hang Seng closes up 326 points
Stocks in Hong Kong rebounded on Friday despite declines in regional ... HSBC Holdings (0005) rose 0.90 percent to HK$73.05 and its subsidiary, Hang Seng Bank (0011), surged 2.79 percent, or HK$5.00, to HK$184.00. Apple suppliers were among the top blue ... ( read original story ...)
Cryptocurrency miner Canaan eyes IPO; bets on China’s push for chip industry
The company says it supplies around a quarter of the global bitcoin blockchain computing power. Canaan is considering an IPO in Hong Kong or the United States, co-chairman Jianping Kong said in an interview. “We ... prefer listing outside mainland China ... ( read original story ...)
From Fiji to fancy dress, how rugby fell in love with the Hong Kong Sevens
(CNN)In 2015, high over the North Stand of Hong Kong Stadium, above the commentators and scorers booths, comedian Al Murray sipped from a bottle of water. It had been a pleasantly grueling few days at the Hong Kong Sevens. You know he typed this out with a ... ( read original story ...)
US company duped into sending US$3 million to Hong Kong account
An email scammer duped an American company into transferring US$3 million (HK$23.5 million) to a Hong Kong bank account last month, police sources revealed on Thursday, as the amount of money in cases handled by the force’s anti-fraud team surged to ... ( read original story ...)
16 Singapore banking jobs that pay $10k a month after just three years
These are the Singapore banking jobs where that’s possible. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ You’re an intern or analyst in Singapore wondering which banking roles will land you a salary large enough to ... ( read original story ...)
PNB bank fraud: India has requested Hong Kong for Nirav Modi’s arrest, says MEA
India has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with the Punjab National Bank (PNB) fraud, the Ministry of External Affairs said on Thursday. “The ministry has sought the provisional ... ( read original story ...)
Hong Kong’s most expensive office The Center to lose first big tenant as Goldman Sachs set to move out
Hong Kong’s most expensive office building may be becoming too expensive for one of its top tenants. Global investment bank Goldman Sachs is set to move out of The Center, a 73-storey tower in the city’s Central district that sold for a record HK$40.2 ... ( read original story ...)
Nirav Modi in Hong Kong? Govt sends request for provisional arrest
Modi and Choksi had fled the country after the alleged bank fraud came to light. NEW DELHI: The Ministry of External Affairs has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with PNB loan fraud ... ( read original story ...)
Hong Kong stocks erase early gains as tech shares slide
Hong Kong’s Hang Seng Index had erased early gains and fallen below the ... uncertainty is still weighing on sentiment. Bank of China slipped 0.2 per cent to HK$4.21. The lender was set to announce full-year results for 2017 later in the day. ( read original story ...)
Hong Kong investors seek shelter in consumer stocks amid trade war fears
Hong Kong stocks reversed early losses to end higher on Tuesday ... defensive sectors amid fears about an escalating trade war between the US and China. The Hang Seng Index dropped as much as 1.1 per cent in morning trade, after the US stocks tanked ... ( read original story ...)
UPDATE 1-Hong Kong Feb retail sales growth strongest in 8 years
PwC expects 4-6 percent growth in the city’s retail sales this year. Hang Seng Bank estimates 4 percent. The Hong Kong Retail Management Association, which forecast 3-4 percent growth in retail sales this year, said luxury goods, cosmetic and home ... ( read original story ...)
WATCH | World Rugby Sevens Series in Hong Kong
Watch live coverage of the HSBC Sevens World Series in Hong Kong beginning on Friday, April 6 at 6 a.m. ET. Watch live coverage of the HSBC World Rugby Sevens Series from Hong Kong beginning on Friday at 6 a.m. ET. as the tournament opens with Argentina vs. ( read original story ...)