BOC Hong Kong collected 0.26 percent, Galaxy Entertainment added 0.16 percent, CNOOC lost 0.16 percent, Hong Kong & China Gas gained 0.12 percent and China Life and Industrial and Commercial Bank of C... ( read original story ...)
BOC Aviation adds 17 Airbus planes to fleet in US$2.2b deal
Aircraft operating leasing company, BOC Aviation (2588), announced to the Hong Kong stock exchange today, it will buy 17 new Airbus A320 Neo and A321 Neo aircraft in US$2.2 billion deal. The aircraft ... ( read original story ...)
Sinochem energy unit files for $2bn Hong Kong IPO
according to its filing for the IPO to the Hong Kong exchange. Its other businesses includes a number of assets including refining and logistics for crude oil and petrochemical products. Morgan Stanle... ( read original story ...)
Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform
The other banks involved in the Hong Kong initiative are BOC Hong Kong, Hang Seng Bank, Bank of East Asia, Australia and New Zealand Banking Group and Singapore's DBS Group. The technology will be pro... ( read original story ...)
Banking on regional development
In recent years, Hong Kong’s banking industry has focused on business expansion in the Guangdong-Hong Kong-Macao Bay Area as well as fintech innovation. Bank of China (Hong Kong) (BOCHK) implements th... ( read original story ...)
This Biotech Just Had a $903 Million IPO—And It’s Disappointed
BeiGene, which debuted to a $158 million public offering on the NASDAQ back in 2016, just had its secondary IPO on the Hong Kong exchange HKEX. It raised a whopping $903 million, according to Reuters, ... ( read original story ...)
Comparing HANG SENG Bk Lt/S (HSNGY) and HDFC Bank (HDB)
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institution... ( read original story ...)
Chong Sing seeks Hong Kong virtual bank licence, targets AI-backed wealth services
Chong Sing Holdings FinTech, an online lending and payment operator that has been focusing on China and Southeast Asia, will apply for a virtual banking licence in Hong Kong as it seeks to expand into ... ( read original story ...)
Hong Kong stocks fall to 10-month low on latest trade fears
Hong Kong stocks fell to a 10-month low on Thursday after President Donald Trump instructed his trade tsar to consider increasing the proposed tariffs on some $200bn in annual imports from China. Mr T... ( read original story ...)
BRIEF-Hong Kong Finance Investment Holding Group Post HY Profit From Cont Ops HK$3.27 Bln
July 31 (Reuters) - Hong Kong Finance Investment Holding Group Ltd: * HY PROFIT FROM CONTINUING OPERATIONS HK$3.27 BILLION VERSUS HK$115.7 MILLION * HY REVENUE FROM CONTINUING OPERATIONS HK$137.6 MILL... ( read original story ...)
Giant Telecom IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
Giant Telecoms IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
China Tower raises $6.9 billion in world’s largest IPO in two years: sources
HONG KONG (Reuters/IFR) - China Tower Corp Ltd (0788.HK) has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal sai... ( read original story ...)
Commentary: Once the Pearl of the Orient, Hong Kong poised to regain its shine
The pace of innovation in Hong Kong’s banking sector has ramped up and the wider adoption of FinTech may help the Pearl of the Orient shine brightly once again, says one observer. Bubbles are seen in ... ( read original story ...)