Hong Kong stocks close 0.04 pct higher

The benchmark Hang Seng Index traded between 22,456.62 and 22,627.60. Turnover totaled 61.60 billion HK dollars (about USD 7.94 billion). (c) 2016 Philippines News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North ... ( read original story ...)

May day may see trouble in rates

The US Federal Reserve did not surprise at all in raising rates by a quarter point.With the Hong Kong dollar remaining strong, local rates stayed put, so the Hang Seng Index fell below 22,000.But the drop does not mean rates are not linked to stocks in the ... ( read original story ...)

Weak tech, bank stocks pull indexes back from record highs

Bank of America fell 50 cents ... In foreign stock markets, Japan’s Nikkei 225 gained 0.7 percent, South Korea’s Kospi rose 0.3 percent and Hong Kong’s Hang Seng fell 0.2 percent. In Europe, Germany’s DAX rose 0.3 percent, France’s CAC 40 ... ( read original story ...)

Dow ends flat, 157 points short of 20,000

The Fed’s move now shifts the focus from central bank policy to economic growth as the driver ... South Korea’s Kospi added 0.3% and Hong Kong’s Hang Seng gave up the day’s gains in the final hour to close 0.2% lower. the Shanghai Composite Index ... ( read original story ...)

Asian shares muted, dollar climbs as rate outlook sinks in

South Korea’s Kospi added 0.3 percent to 2,042.71 and Hong Kong’s Hang Seng edged up 0.2 percent to 22,108.20 ... The Fed’s move now shifts focus from central bank policy to economic growth as the driver of stock market performance. ( read original story ...)

January Asian Financial Forum to Analyse Economic Outlook

The 10th Asian Financial Forum (AFF), jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), will be held on 16 and 17 January at the Hong Kong Convention and Exhibition ... ( read original story ...)

Chinese Buying Insurance in Hong Kong Said to Face Further Curbs

Chinese residents buying insurance in Hong Kong will no longer be able to swipe their credit cards multiple times to get around previously imposed curbs intended to slow sales, according to people with knowledge of the matter. Purchases of insurance in ... ( read original story ...)

Nine big changes that hit Hong Kong banking jobs in 2016

We look back on some of the most significant trends affecting banking careers in Hong Kong this year. http://news.efinancialcareers.com/hk-en/268033/hong-kong-tech-skill-shortage-stan-chart-cio/ It’s been a year to endure rather than enjoy in Hong Kong ... ( read original story ...)

Hong Kong to hold individuals to account with new financial rules

HONG KONG Hong Kong's financial firms must register managers responsible for the day-to-day running of regulated activities in an effort to make individuals more accountable, its securities regulator said on Friday. People with overall management oversight ... ( read original story ...)

Hang Seng Bank volunteers bring Christmas stories to life

A group of energetic children ­immediately went quiet as a Hang Seng Bank employee in a green jacket walked up to the stage holding his arms above his head to form a triangle. “Christmas Tree!” the 20 children, aged four to eight, shouted as they sat ... ( read original story ...)