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 ...)
Hong Kong client of troubled PR firm Bell Pottinger rethinks ties over South Africa race scandal
Banking giant HSBC’s UK office also said in a statement on Wednesday that it would no longer use Bell Pottinger. HSBC’s Hong Kong office echoed their British counterparts. “HSBC has used Bell Pottinger for specific projects in the past but will not ... ( read original story ...)
Hong Kong regulator trains sights on digital currency fundraising a day after China bans it
The comment, in a statement issued on Tuesday, came one day after China’s central bank banned ICOs out of concerns over financial risks and stability “We are concerned about an increase in the use of ICOs to raise funds in Hong Kong and elsewhere ... ( read original story ...)
Chinese investors’ access to Hong Kong’s IPO market gets added boost by the Aramco factor
A proposal by Hong Kong and mainland China’s stock exchanges to let investors partake in initial public offerings in each other’s markets has been given an added impetus by the prospect of attracting the US$2 trillion Saudi Aramco to raise funds in the ... ( read original story ...)
Seven of the most exciting jobs at Hong Kong banks right now
Not all Hong Kong banking jobs are boring ... banking job for an RM who has been in the game for at least a decade. Like all private banks, Hang Seng wants someone who can grow their HNW client base and has strong sales skills. You will also need to ... ( read original story ...
Hong Kong needs to get IPO Connect right
The Primary Equity Connect (PEC) will undoubtedly be revolutionary. The link, which will effectively allow Mainland investors to directly participate in Hong Kong IPOs, could bring immense change to the city’s equity market. The leading upside is diversity. ( read original story ...)
Quick Take: Culinary Investors Lick Their Chops for Hong Kong IPOs
Hong Kong has for years been attracting food tourists. And now, food investors as well. Since the beginning of July, six companies in the food and beverage sector have applied to float their shares on the Hong Kong Stock Exchange, according to the ... ( read original story ...)
HKEX talks to lure Saudi Aramco listing “will never stop”: CEO
HONG KONG (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse’s planned IPO investment links with China key to clinching the potential listing, Chief Executive Charles Li told ... ( read original story ...)
HKEX CEO says talks to win Saudi Aramco listing “will never stop”
HONG KONG (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse’s planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told ... ( read original story ...)
Wharf shares rally on plan to spin off property unit via Hong Kong IPO
Shares of Wharf (Holdings) rose to its highest level in almost a month on Tuesday after the company filed an application to the Hong Kong stock exchange to spin off its property unit for a separate listing on the main board. Wharf shares were up 4.1 per ... ( read original story ...)
Israel forges financial links with Switzerland, Singapore, Hong Kong
The Israel Securities Authority is promoting dual listing in Hong Kong and Singapore. The Ministry of Finance today stated, "Israel and Switzerland have signed a letter of understanding for extensive cooperation in the financial services sector." At the ... ( read original story ...)
Hong Kong stocks likely to see choppy trading after North Korea nuclear test
Hong Kong stocks are likely to see choppy trading when the market opens Monday morning following losses in other Asian markets, after North Korea announced on Sunday it had tested a hydrogen bomb that could be carried by an intercontinental ballistic missile. ( read original story ...)
Li Ka-shing establishes scholarship in memory of ex-HSBC chairman Michael Sandberg
Tycoon Li Ka-shing has established a scholarship with a donation of HK$5 million to two designated British universities as a memorial tribute to former HSBC chairman Michael Sandberg, The Li Ka Shing Foundation said today. "The contribution will be ... ( read original story ...)
Hong Kong reverses into decline as banks retreat a second day
Hong Kong’s Hang Seng Index fell 0.1 per cent ... Banks led decliners for a second day. Industrial & Commercial Bank of China slid 1.0 per cent to HK$5.8, China Construction Bank fell 0.7 per cent to HK$6.81 and HSBC eased 0.1 per cent to HK$75.9 ... ( read original story ...)