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 ...)
Hong Kong stocks complete longest monthly winning streak in a decade
Hong Kong’s stocks ... first time since 2015. The Hang Seng China Enterprises Index, or the H-share gauge, fell 0.7 per cent. Traders sold shares in China’s biggest state-owned banks including Industrial and Commercial Bank of China and China ... ( read original story ...)
Fosun IPO set to broaden Hong Kong equity markets
Fosun Group is on course to plant a new marker for Hong Kong’s equity markets following the launch of an initial public offering in Sisram Medical this Thursday. The IPO, which will raise up to HK$1.35 billion $174 million, is the first example of a ... ( read original story ...)
Chinese banks in Hong Kong will pay you a CASH bonus. Here’s why
http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ Want to work at a bank in Hong Kong where your bonus is paid entirely in cash and none of it is deferred, leaving you free to move jobs without sacrificing future income? ( read original story ...)
Hong Kong stocks retreat as Chinese banks under selling pressure
Hong Kong’s stock market closed the ... Wednesday for the first time since May 2015. The Hang Seng China Enterprises index slid 1.1 per cent or 124.91 points to 11,249.55. China Construction Bank slid 2.9 per cent to HK$6.82 and Bank of China fell ... ( read original story ...)
A senior HSBC trader has just joined BNP Paribas in Hong Kong
BNP Paribas has poached a senior credit trader from HSBC in Hong Kong as its global hiring drive in credit reaches Asia. http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ BNP Paribas has poached a senior credit trader from HSBC ... ( read original story ...)
Hang Seng Index closes above 28,000 for first time since May 2015 as Shimao, Sunac surge
Hong Kong’s Hang Seng Index closed above the 28,000 level for the first ... The interim report is due Thursday. Industrial and Commercial Bank of China rose 1.5 per cent to HK$6.02. The nation’s biggest lender by assets said after the market closed ... ( read original story ...)
Hong Kong businessman and socialite David Tang dies at 63
HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)
BOC Hong Kong : 2017 Interim Report (non-printed version)
The Group's profit attributable to the equity holders in the first half of 2017 amounted to HK$17,216 million. Profit attributable to the equity holders from continuing operations increased by 24.5% year-on-year to HK$14,627 million. Profit attributable to ... ( read original story ...)
BOC Hong Kong : 1st Half Net Profit HK$17.22 Billion
HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) Wednesday reported its first-half net profit fell to 17.22 billion Hong Kong dollars (US$2.2 billion) from HK$42.84 billion a year earlier, as earnings in the previous year were ... ( read original story ...)
Hong Kong Market May Find Renewed Support
BOC Hong Kong dipped 0.25 percent, Lenovo Group was down 0.23 percent, Industrial and Commercial Bank of China collected 0.17 percent and Ping An Insurance added 0.16 percent. The lead from Wall Street is cautiously optimistic as stocks saw some early ... ( read original story ...)
Hong Kong stock gauge loses struggle above 28,000 as Tencent drags
At one point, it had climbed as much as 0.8%. Bank of Communications, whose half-yearly results beat market expectations last week, added 1.3% while larger rival Bank of China (BOC) increased 0.7%. Hong Kong lender Bank of East Asia added 1.9% following a ... ( read original story ...)
Hong Kong Market Overdue For Profit Taking
Among the actives, China Life surged 4.17 percent, while Industrial and Commercial Bank of China soared 3.47 percent, BOC Hong Kong spiked 3.25 percent, CNOOC advanced 2.74 percent, China Petroleum and Chemical (Sinopec) perked 2.45 percent, China ... ( read original story ...)
Aircraft lessor BOC Aviation’s CEO sees oversupply risks to industry
BOC Aviation listed in Hong Kong last year when it raised $1.1 billion in the biggest IPO by an aircraft lessor globally. The company said on Tuesday it would change its dividend policy to increase the payout to as much as 35 percent of net profit from 30 ... ( read original story ...)