Tag: finance

It would also enable banks in Hong Kong to manage their renminbi assets and liabilities more effectively.” Joseph Yam’s blog: International Financial Centre and Monetary and Financial Stability Currently, only two – Hui Xian Real Estate Investment ... ( read original story ...)

HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co Ltd [IPO-ZAOL.HK], China’s first internet-only insurer, plans to seek a valuation of up to $11 billion with its Hong Kong initial public offering, IFR reported on Thursday ... ( read original story ...)

Hong Kong's Hang Seng, however, was muted and added just 8.80 points to close at 27,963.93. Macquarie Group rallied in Sydney trading after the firm delivered a pleasing profit forecast. Shares in Australia's biggest investment bank jumped about 3% after ... ( read original story ...)

The Hang Seng Index slid 0.3 per cent ... and China Construction Bank dropped 1 per cent. Bank of China eased 1 per cent, and AIA shed 0.3 per cent. Utilities also pulled back. Towngas, Hong Kong’s sole supplier of piped gas, dropped 0.5 per cent. ( read original story ...)

HONG KONG/SHANGHAI (Reuters) - HSBC (HSBA.L) has demanded China Huishan Dairy Holdings Co Ltd (6863.HK) repay $220 million (167 million pounds) in loans this week - a move set to make it even more difficult for the Chinese firm to extricate itself from a ... ( read original story ...)

It is also under investigation by the Hong Kong securities regulator. HSBC told Huishan in two separate letters it had terminated different loans facilities from 2015 and 2014 and was asking for repayment, Huishan said in a securities filing late on Monday. ( read original story ...)

Hong Kong’s Exchange Fund surprisingly issued additional debt papers of HK$40 billion (US$5 billion) in August, supposedly to absorb excess liquidity in the banking system. However, the Hong Kong dollar had been trading on the weak side of the peg ... ( read original story ...)

The company plans to start gauging investor appetite for the IPO as soon as Monday after receiving the nod from the listing committee of the Hong Kong stock exchange, added the sources. It plans to launch the IPO and take orders from investors on Sept. ( read original story ...)

The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2017 Q2 earnings call. 129 Click to enlarge Notes: ( read original story ...)

Hong Kong shares fell the most in almost two weeks on Thursday, with mainland Chinese banks pacing losses as investors appeared to take profits after they reported first-half earnings. Bank of China (BOC) lost 1.5% despite an 11% increase in interim net ... ( read original story ...)

HONG KONG, CHINA, Sep 07, 2017 (Marketwired via COMTEX) -- HONG KONG, CHINA--(Marketwired - Sep 7, 2017) - BOC International issued a research report on Beijing Gas Blue Sky Holdings Limited ("the Company" or "Beijing Gas Blue Sky", together with its ... ( read original story ...)

In Hong Kong, accounting and finance candidates are in prime position to find a new role in the current market, but employers are looking to candidates to explain their motivations beyond just financial reward. This insight has come from Hays in Hong Kong ... ( read original story ...)

Hong Kong stocks ended lower on Wednesday, with the Hang Seng Index briefly tumbling more than 300 points ... both dropped 1 per cent to HK$5.74 and HK$6.72 respectively, and Bank of China lost 0.7 per cent to HK$4.02. US President Donald Trump warned ... ( read original story ...)

Hong Kong stocks closed the midday session slightly higher on Thursday as North Korean threats and upcoming central bank meetings weighed on market sentiment. The Hang Seng Index added 0.1 per cent, or 31.5 points, to 27,645.26 in the Thursday morning ... ( read original story ...)