Tag: finance

Hong Kong’s Hang Seng index hit its highest point since the global financial crisis on Friday, bolstered by a continued rally in Chinese corporates. From November 2007 to late 2008 the market lost about two-thirds of its value. Since bottoming out in ... ( read original story ...)

The leading Chinese online insurance company, ZhongAn Online Property & Casualty Insurance Co, started trading on the Hong Kong stock exchange earlier today. Its shares jumped to as high as HK$70.50 in early morning trading, compared with the HK$59.70 IPO ... ( read original story ...)

Among the actives, Industrial and Commercial Bank of China surged 7.93 percent, while Ping An Insurance soared 3.92 percent, China Life spiked 2.15 percent, BOC Hong Kong climbed 1.98 percent, New World Development jumped 1.96 percent, China Mengniu Dairy ... ( read original story ...)

"This has been specifically set up to serve our clients in this area," said Lau, adding that she is particularly well-suited for the role because in her years in Hong Kong, she has served ... The Chinese banks such as ICBC, BOC, Bank of Communications ... ( read original story ...)

New York, London and Hong Kong are the main contenders. Nasser said the Saudi government would decide on the listing venue and that there were no current talks with Russian companies on them taking part in the IPO. Both Falih and Nasser are part of an ... ( read original story ...)

New York, London and Hong Kong are the main contenders. Nasser said the Saudi government would decide on the listing venue and that there were no current talks with Russian companies on them taking part in the IPO. Both Falih and Nasser are part of an ... ( read original story ...)

Oct 5 (Reuters) - Hong Kong’s financial markets will be closed on Thursday for a holiday. Markets will resume trading on Friday, Oct. 6. For the latest Hong Kong stock report, please click Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

"Payments Landscape in Hong Kong: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Hong Kong cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry ... ( read original story ...)

Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed 9 per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from retail investors, the company had priced its ... ( read original story ...)

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks ended higher on Wednesday, extending gains made in the previous session with mainland automakers, banks and insurers leading the surge after the Chinese central bank’s weekend move to free up liquidity to ... ( read original story ...)

Shares of HSBC Holdings plc (Hong Kong) (HKG:0005) closed at 77.45 yesterday. HSBC Holdings plc (Hong Kong) currently has a total float of 20.40B shares and on average sees 20.36 million shares exchange hands each day. The stock now has a 52-week low of 56 ... ( read original story ...)

DHAKA: Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation. The private bank in its application in October last year said it would provide trade ... ( read original story ...)

Hong Kong & China Ga (HOKCF) is on trader's radar as the shares ... indicator used to describe if a market is trending or not trending. China's central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since ... ( read original story ...)

HONG KONG (AP) — The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. In an update to its annual ... ( read original story ...)