Aramco IPO ‘is on track’ for 2018, says Saudi oil minister

... a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. "The IPO is on track," he said in London on the sidelines of the annual dinner of the Oil & Money conference. "We will announce the venue in due course." ( read original story ...)

Gym of Choice for Hong Kong Financial Elite Is Seeking a Buyer

Owners of Pure Group, the billionaire-backed gym chain catering to Hong Kong’s financial elite, are seeking a sale that could value the company at as much as $500 million, people with knowledge of the matter said. Pure Group investors, including buyout ... ( read original story ...)

BOC Hong Kong : Date of Board Meeting

As at the date of this announcement, the Board comprises Mr. CHEN Siqing* (Chairman), Mr. YUE Yi (Vice Chairman and Chief Executive), Mr. REN Deqi*, Mr. GAO Yingxin*, Mr. LI Jiuzhong, Madam CHENG Eva**, Dr. CHOI Koon Shum**, Mr. KOH Beng Seng** and Mr ... ( read original story ...)

MARKET BUZZ: Hong Kong’s HSI Edges Lower; HSBC Leads

HONG KONG (Oct 13) -- Hang Seng down 0.2% at 28,420.60 ... Weakness in HSBC drags other HK lenders lower. Hang Seng Bank and Bank of East Asia drop by 0.9% each. Geely Automobile extends correction from record highs, falling 1.5%; poised for weekly ... ( read original story ...)

Hong Kong Bourse May Turn Lower Again On Friday

Hong Kong & China Gas added 0.41 percent, Sands China gained 0.40 percent, Kunlun Energy shed 0.27 percent, BOC Hong Kong lost 0.13 percent and China Petroleum and Chemical (Sinopec) and Industrial and Commercial Bank of China were unchanged. The lead from ... ( read original story ...)

BMW prints first foreign corporate Dim Sum in two years

HONG KONG, Oct 12 (IFR) - German carmaker Bayerische Motoren Werke ... BMW's issue follows those of National Bank of Canada, Royal Bank of Canada and BOC Aviation, making the past three weeks the busiest period in two years for the Dim Sum market. ( read original story ...)

Banking it all on the old credentials

surging by more than HK$60 billion. Gao's formula is to get the bank adapt itself to the persistent fluctuations in the world financial markets, steering the company away from troubled waters into bigger non-interest-related operations to help it cope with ... ( read original story ...)