HSBC Insurance, Hong Kong’s third largest insurer by gross premiums, plans to sell more products via digital channels in coming years and is now targeting a third of its new business to be delivered online by the end of next year. “When we first sold ... ( read original story ...)
Fosun International and HSBC Sign Strategic Cooperation Agreement
and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of Fosun International and its subsidiaries ("Fosun"). Wang Qunbin ... ( read original story ...)
This year’s Hong Kong Sevens looms as the worst in decades but no one cares about the rugby, right?
The fans, their costumes and the party atmosphere that comes with them will be in full force at next month’s Cathay Pacific/HSBC Hong Kong Sevens, but the world’s best players will not. It doesn’t take a rocket scientist to work out scheduling the ... ( read original story ...)
How prestigious California university Berkeley put Hong Kong Sevens hopeful on track for his ‘everything’
The United States are running rampant on the Sevens World Series and Russ Webb hopes his five years in American rugby heartland has laid the foundation for his Cathay Pacific/HSBC Hong Kong Sevens debut. The 24-year-old returned to Hong Kong in 2017 after ... ( read original story ...)
HK rate cuts poised to fuel homebuying frenzy
Hong Kong's two biggest lenders - HSBC and Bank of China (Hong Kong) - have further squeezed their margins on mortgage loans to compete for market share, setting off another round of industry-wide rate cuts that can further heighten the property market craze. ( read original story ...)
Rugby: Fiji’s Jerry Tuwai and All Black Tim Mikkelson invite all to watch the HSBC Singapore 7s
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 ...)