SINGAPORE - Following the Apr 6-8 Hong Kong leg, the HSBC Singapore Rugby Sevens returns to the National Stadium from April 28-29. Fiji Sevens back Jerry Tuwai and All Blacks sevens wing Tim Mikkelson each have a video message inviting rugby enthusiasts to ... ( read original story ...)
Nei Ho from Xero Hong Kong
Xero is officially expanding our presence to Hong Kong today, and we are thrilled to be calling this colourful and diverse concrete jungle our second home in Asia! Following the establishment of two monumental partnerships with HSBC and DBS in Hong Kong ... ( read original story ...)
Banking royal commission has an impact in Hong Kong
Global equity investors have questioned CEOs of the big four about the impact the banking royal commission will have on compliance and regulatory costs. David Rowe The Hayne royal commission muscled its way into Asia's biggest investment conference in Hong ... ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
https://news.efinancialcareers.com/hk-en/304695/julia-raiskin-citi/ It’s the post-bonus hiring season and if you’re looking for a banking job in Singapore or Hong Kong, Citi may well be on your radar right now. Asia is one of Citi’s fastest growing ... ( read original story ...)
Hong Kong regulator finds compliance failures in IPO sponsors’ work
HONG KONG (Reuters) - Hong Kong’s securities regulator said on Monday it had found compliance failures in financial institutions’ roles sponsoring initial public offerings (IPOs) in the Asian financial hub. The Securities and Futures Commission (SFC ... ( read original story ...)
Hong Kong ranked third globally in IPOs in Q1, as funds raised fell 26pc
Hong Kong’s initial public offering market continued to decline in the first quarter, as the total capital raising was down 26 per cent on year, sending the city down the rankings to the No 3 spot globally, behind New York and Frankfurt. Hong Kong ... ( read original story ...)
Macroeconomic Research At Hang Seng Bank
we sat down with Thomas to discuss Hong Kong's global position and the role of businesses like Hang Seng Bank within it. Hong Kong's economy is ranked number 1 out of 43 countries in the Asia–Pacific region, with its overall economic freedom score well ... ( read original story ...)
Meituan to Seek a $60 Billion Valuation in Hong Kong IPO
Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. The company is weighing a ... ( read original story ...)
Hong Kong stocks fall as Tencent’s gaming revenues disappoint and PBOC raises rates
Hong Kong ‘s stocks dropped by the most in two weeks, as Tencent Holdings’ gaming revenues trailed estimates and China’s central bank raised borrowing costs following an overnight rate increase by the Federal Reserve. The Hang Seng Index fell 1.1 per ... ( read original story ...)
Hong Kong stocks see small rise as strong company earnings offset trade war concerns
Hong Kong stocks eked out a small gain on Tuesday, as optimism over company earnings after Sunny Optical Technology Group posted strong results offset concerns that planned US tariffs on Chinese goods could spark a trade war. The Hang Seng Index added 0.1 ... ( read original story ...)
Hong Kong plans ‘to overtake Nasdaq’ as listing destination of choice for Chinese biotech firms
Wall Street cheers Hong Kong’s IPO rules revamp but sees New York’s dominance unthreatened Meanwhile, asked if the Shanghai bourse’s plan to allow non-mainland listed firms to issue shares traded in the mainland via the so-called Chinese Depository ... ( read original story ...)
Chinese drone maker DJI seeking at least $500 million in pre-IPO funding: sources
HONG KONG (Reuters) - China’s SZ DJI Technology Co Ltd ... the company had no announcement to make on fundraising and that it was not planning an initial public offering at the moment. She did not elaborate. DJI was valued at about $8 billion in 2015 ... ( read original story ...)
Hong Kong follows Fed hike, HKMA ready to defend peg as HK$ at new 33-year low
The move came as the Hong Kong dollar fell to a fresh 33-year low, and looked set to test the low end of its trading band, prompting the central bank to reaffirm it would intervene to defend the financial hub’s currency peg. The Fed raised interest rates ... ( read original story ...)
Hong Kong Stocks May Open Under Pressure On Thursday
Industrial and Commercial Bank of China slid 0.15 percent and BOC Hong Kong collected 0.13 percent. The lead from Wall Street is soft as stocks saw considerable volatility in afternoon trading on Wednesday before ending the session modestly lower. ( read original story ...)