* says Market Misconduct Tribunal sanctions Yorkey Optical, its CEO and financial controller for late disclosure of inside information Source text in English: bit.ly/2l7Fuky (Reporting by Hong Kong newsroom) Next In Financials ( read original story ...)
Hong Kong Budget 2017-18: Winners and Losers
In a bid to boost growth amid sluggish retail sales, soaring property prices and the potential for further interest rate increases, Hong Kong’s Financial Secretary Paul Chan announced measures to support infrastructure, senior citizens and salaried workers. ( read original story ...)
Manulife revealed as bank fined $1.15M for violating anti-money laundering reporting rules
The Americans actually take a view that financial crime is a serious issue. They are not scared to put people into jail.' - Bill Majcher, former Mountie who advises banks in Hong Kong Bill Majcher, who spent 22 years with the RCMP and now heads a Hong Kong ... ( read original story ...)
Hong Kong Welcomed Over 50 Top MICE Agents to Celebrate 2016 Success
HONG KONG, CHINA--(Marketwired - Feb 28, 2017) - Meetings and Exhibitions Hong Kong (MEHK) has concluded its largest-ever Top MICE Agents Awards Ceremony and Familiarisation Trip, held from 22 to 26 February 2017, recognising over 50 top-performing agents ... ( read original story ...)
SafeCharge Opens Two Offices in Singapore, Hong Kong
SafeCharge (LON:SCH) a payment technologies provider for the financial services industry, has greatly expanded its focus in Asia, opening offices in both Singapore and Hong Kong, two of the biggest hubs in the region, according to a regulatory filing. ( read original story ...)
Financial Sec. says he will spend HK$830k in gov’t funds to renovate official residence, not HK$2m
Chan replaced John Tsang Chun-wah as financial secretary in January, when the latter started his campaign to become Hong Kong’s chief executive. Chan only has four months remaining in his current term, but will move into the Deep Water Bay mansion ... ( read original story ...)
FSDC holds forum to explore career opportunities in financial compliance
Hong Kong (HKSAR) - The following is issued on behalf of the Financial Services Development Council: The Financial Services Development Council (FSDC), in collaboration with the School of Professional and Continuing Education of the University of Hong Kong ... ( read original story ...)
Bank of China HK unit buys Indonesia, Cambodia businesses from parent
HONG KONG BOC Hong Kong Holdings Ltd (2388.HK), a unit of Bank of China Ltd (3988.HK) (601988.SS), said on Tuesday it had agreed to acquire Indonesia and Cambodia businesses from its parent for about $377 million, as parts of its push into Southeast Asia. ( read original story ...)
BOC Hong Kong : Connected Transactions
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for ... ( read original story ...)
BOC Hong Kong : BOCHK has entered into Acquisition Agreements with BOC in relation to acquisitions of Indonesia Business and Cambodia Business
BOC Hong Kong (Holdings) Limited ("BOC Hong Kong (Holdings)") today announces that Bank of China (Hong Kong) ("BOCHK") has entered into the Acquisition Agreements with Bank of China ("BOC") in relation to the acquisition of the Indonesia Business and the ... ( read original story ...)
BRIEF-BOC Hong Kong (Holdings) updates on acquisition of Indonesia and Cambodia businesses
Feb 28 BOC Hong Kong (Holdings) Ltd: * BOCHK has entered into acquisition agreements with Bank Of China * Agreement in relation to acquisition of Indonesia business and Cambodia business respectively, as part of restructuring exercise of group * Deal for ... ( read original story ...)
Hong Kong’s main stock index hits 18 month-high after Wall Street rally
A new report from Morgan Stanley forecasted more rises for CCB, BOC, Agricultural Bank of China, China Merchants Bank, and Chongqing Rural Commercial Bank in the next two months. Hong Kong shares are rising together with their mainland and US peers. ( read original story ...)
Hong Kong Rugby Union chairman Pieter Schats predicts seismic shift as HSBC Try Rugby programme launches
The HSBC Try Rugby programme represents a seismic shift not only for rugby sevens in Hong Kong but also for children here in general, says Hong Kong Rugby Union chairman Pieter Schats. HSBC, the HKRU and the Education University of Hong Kong are teaming up ... ( read original story ...)
Hong Kong finance chief Paul Chan says official residence needed a makeover, but he ‘will not splash out’
Finance chief Paul Chan Mo-po has insisted his official residence in Shouson Hill was in need of renovations following reports he spent millions of taxpayer-funded dollars on revamping the property. Reports emerged on Friday that Chan, who took over the ... ( read original story ...)