Tag: finance

Given the Hong Kong currency peg, there will be an important direct impact on domestic competitiveness, which will act as an important drag on the economy. The Hang Seng index opened significantly higher and remained in positive territory into the session ... ( read original story ...)

Hong Kong stocks rose for a second day as concern about the impact of a Donald Trump administration eased and Premier Li Keqiang talked up the Chinese economy. Oil companies advanced. The Hang Seng Index gained 0.5 percent as of 1:21 p.m. local time. ( read original story ...)

Last week, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan said that the banking regulator received applications from two banks to test emerging biometric technologies under a new regulatory regime, according to a report in Reuters. ( read original story ...)

HONG KONG Credit Suisse has hired former RBS banker Rick Meng as head of China onshore private banking, according to an internal memo, as the Swiss private bank looks to tap the wealth management business in the world's second-largest economy. Credit ... ( read original story ...)

Hong Kong stocks rose from a three-month low ... The Hang Seng Index last traded at 22,324.62, while the Hang Seng China Enterprises Index advanced 0.7 percent. China Construction Bank added 1.5 percent after falling to a three-month low on Monday. ( read original story ...)

China Construction Bank rose 1.3% to HK$5.53 and Bank of Communications ... head of research at Core Pacific-Yamaichi International in Hong Kong. While the Hang Seng Index is likely to close higher on Tuesday, the market may lose steam in coming days ... ( read original story ...)

Given caution surrounding regional equity markets and concerns over the impact of a stronger US currency, the Hang Seng index gained some net support ... which provided some net support to the Hong Kong market. There were underlying concerns surrounding ... ( read original story ...)

... to close higher on Tuesday as the US dollar retreated from recent highs and the Shenzhen Hong Kong Stock Connect prepared for its debut. The Hang Seng Index ended the day up 0.46 per cent or 101.69 points at 22,323.91 while the Hang Seng China ... ( read original story ...)

The benchmark Hang Seng index added 0.4 percent, to 22,314.62 points, while the Hong Kong China Enterprises Index gained 0.5 ... Data released on Morning showed that China's central bank sold less foreign exchange in October than an eight-month high ... ( read original story ...)

The Hang Seng Index climbed 0.4 ... while Sands China added 1.3 percent. Hong Kong Exchanges & Clearing rose 0.3 percent, taking a two-day increase to 1.8 percent. Chinese lenders’ H shares carved out gains, with Bank of China Ltd., China Construction ... ( read original story ...)

The Hang Seng Index now rests just ... Among the actives, Hong Kong & China Gas plunged 3.56 percent, while China Resources Land plummeted 3.20 percent, China Resources Power Holdings lost 2.74 percent, Bank of China spiked 2.36 percent, HSBC advanced ... ( read original story ...)

[HONG KONG] Hong Kong stocks edged up at the start of trade Tuesday after tumbling more than two per cent over the previous two days on worries about the impact of a Donald Trump presidency on world trade and interest rates The Hang Seng index rose 0.22 ... ( read original story ...)

... Nov 14 UBS AG is reorganising its Hong Kong-based corporate finance team and China-focused country bankers, which would result in about 20 junior bankers moving to other departments within the investment bank, an internal memo and sources familiar ... ( read original story ...)

Mainland Chinese bankers are increasingly knocking Western expats off their perch at the senior end of Hong Kong investment banking. Mainland Chinese are increasingly taking senior roles in global investment banks in Hong Kong – at the expense of the ... ( read original story ...)