Tag: finance

A flag bearing the logo of the Hong Kong Exchanges and Clearing flies in Hong Kong. HKEX has gained more than 120% since the start of 2014, and at Thursday’s close was the second-biggest exchange operator in the world by market value, according to data ... ( read original story ...)

The Hong Kong government’s 2018 budget address was generally positively received with Paul Chan – the financial secretary – glowing in an almost embarrassment of riches. Last year the economy grew by 3.7 per cent, while inflation fell to 1.7 per cent. ( read original story ...)

“UBS has historically been very strong in HK IPOs, with strong technical knowledge of the listing rules and deep IPO execution experience.” Chinese banks, which now dominant Hong Kong listings, are likely destinations for departing UBS ... ( read original story ...)

In 2017, the Hong Kong Rugby Union (HKRU) reached a tipping point as for the first time, attendance at outside stadium events celebrating the world-famous Cathay Pacific/HSBC Hong Kong Sevens exceeded the 120,000 cumulative spectators inside the stadium ... ( read original story ...)

Here’s who’s leading some of HSBC’s most expansionist teams in Hong Kong and Singapore. https://news.efinancialcareers.com/sg-en/308862/hot-jobs-hsbc-asia/ You want to work for HSBC in Hong Kong or Singapore, a bank that made almost 90% its profits ... ( read original story ...)

Reigning Cathay Pacific/HSBC Hong Kong champions Fiji will face New Zealand, Russia and Samoa in Pool A, arriving at the seventh round of the world series in second place overall. The Pacific Islanders have won two of the last three tournaments and sit on ... ( read original story ...)

His most symbolic coup as a businessman may have come in 1979, when he bought control of trading house Hutchison Whampoa from Hongkong and Shanghai Banking Corp. Li quietly negotiated with the bank, now called HSBC Holdings Plc, to buy Hutchison shares for ... ( read original story ...)

At HSBC, our objective is to be the world’s leading international bank. Since its formation in Hong Kong in 1865, the bank has helped to facilitate trade. Today our network covers 67 countries and territories in both established and emerging markets ... ( read original story ...)

HONG KONG (Reuters) - JD.com Inc’s finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said. The unit of ... ( read original story ...)

UBS Group AG faces a race against the clock in Hong Kong. The Swiss bank, under threat of a regulatory suspension from acting as a so-called sponsor on initial public offerings in the city, has such a role on roughly an estimated $4.5 billion of deals ... ( read original story ...)

SINGAPORE (Reuters) - Royal Dutch Shell (RDSa.L) is close to bagging a deal to supply Hong Kong with liquefied natural gas (LNG), beating out major competitors for the right to be the first company to supply LNG to the city. Shell has edged out companies ... ( read original story ...)

The Hong Kong Monetary Authority’s (HKMA) recent position paper on virtual banking reinforces the inward looking, bureaucratic self-defence of Hong Kong at its most oblivious. Hong Kong struggles with its own creativity drought. Besides the problem that ... ( read original story ...)

Hong Kong stocks fell on Wednesday ... Huatai Securities Co Ltd which fell 2.0 per cent and Postal Savings Bank of China Co Ltd down by 1.8 per cent. About 1.76 billion Hang Seng index shares were traded, roughly 68.9 per cent of the market's 30-day ... ( read original story ...)

The Hang Seng Index fluctuated within a narrow range of 248 points ... per cent and 0.5 per cent respectively to 1,895.31 and 1,872.68. Agricultural Bank of China’s Hong Kong-listed shares surged 5.4 per cent to close at HK$4.71. Its Shanghai-traded ... ( read original story ...)