Tag: finance

“Although Hong Kong has a very robust regulatory system, and there have only been a handful of insolvencies involving small non-life insurers in the past two decades, the 2008 international financial crisis highlighted the need for a more comprehensive ... ( read original story ...)

CENTRAL: Finance chief Paul Chan has maintained that the government will give about 40 percent of the surplus back to the public through various means. The plan included a number of tax rebates, with salaries tax, tax under personal assessment ... ( read original story ...)

HSI financial sector sub-index is 2.3 percent lower; property sector down 2.1 percent March 5 (Reuters) - Hong Kong stocks fell the most in three weeks on Monday as the prospects of a global trade war continued to haunt investors. ** US President Donald ... ( read original story ...)

HONG KONG (Reuters) - China’s Tasly Pharmaceutical Group is planning to list its biopharma unit in Hong Kong to raise about $1 billion, in what is likely to be the largest biotech float in the city this year, people with knowledge of the matter said. ( read original story ...)

Ireland will return to the Cathay Pacific / HSBC Hong Kong Sevens in April, appearing for the first time since 2000, when they won the Bowl. The Irish are among the 12 teams contesting the international qualifier tournament for the World Rugby HSBC Sevens ... ( read original story ...)

Hong Kong's currency regime is coming under serious strain as the US Federal Reserve steps up the pace of monetary tightening, threatening to set off an unpredictable chain of events in the world's most over-stretched -financial system. The enclave's US ... ( read original story ...)

Grail, a US spinout from Illumina (NSDQ: ILMN) that is developing blood-based cancer detection tests, is considering a $500 million Hong Kong IPO (see story). Last year, Grail completed a $900 million Series B fundraising, the largest ever. In June, Grail ... ( read original story ...)

Hong Kong residential tenants hoping for rental rebates missed out on a new tax deduction in this year’s budget because there was no time to upgrade the government’s computer system, Financial Secretary Paul Chan Mo-po revealed on Thursday. But he said ... ( read original story ...)

So it sounds like it’s a serious idea, and may be coming for renters in the next financial year. Grass roots got more this year, Hong Kong finance chief says in defence of budget But, you know landlords in this town. They don’t like long leases and ... ( read original story ...)

The notes – to be denominated in Chinese yuan at fixed rates – will be traded on the Hong Kong Stock Exchange ... Fitch first rated BOC’s MTN programme ‘A’/’F1’ on December 9, 2013 – subsequently affirmed on May 23, 2017. ( read original story ...)

Feb 28, 2018 (Euclid Infotech Ltd via COMTEX) -- Grail Inc, a cancer detection firm backed by the world's two richest men, is planning a Hong Kong initial public offering in a win for the city's attempts to draw biotech listings, people familiar with the ... ( read original story ...)

Grail, a US spinout from Illumina that is developing blood-based cancer detection tests, is considering a $500 million Hong Kong IPO. Last year, Grail completed a $900 million Series B fundraising, the largest ever. In June, Grail merged with Cirina, a ... ( read original story ...)

Details Of JSW-Aion’s Resolution Plan For Monnet Ispat When A Prime Minister Retains Office By Learning From Leader Of Opposition Mid-Cap IT: Growth, But At A Hefty Premium? HDFC To Launch Rs 1,900 Crore QIP This Week Earnings Can Double If Capex Is In ... ( read original story ...)

The Hong Kong head of banking giant Citi, Weber Lo, has resigned to join a non-financial firm, according to an internal email seen by the South China Morning Post. He will join a company in the Greater China region, according to Francisco Aristeguieta ... ( read original story ...)