Tag: finance

HONG KONG (Reuters) - China's largest state-owned commercial banks ... and has already been running roadshows with investors. Bank of China (BOC) (601988.SS) (3988.HK), another major state bank, aims to raise around 20 billion yuan for a similar fund ... ( read original story ...)

HONG KONG (Aug 28) -- Hong Kong's benchmark stock gauge climbed ... (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC) and Bank of China (BOC) are all scheduled to report interim results on Wednesday. U.S. stocks mostly rose and ... ( read original story ...)

HONG KONG: Shares of HSBC Holdings plc (Hong Kong) (HKG:0005) last traded at 75.5, representing a move of 0.67%, or 0.5 per share, on volume of 11.28 million shares. After opening the trading day at 74.8, shares of HSBC Holdings plc (Hong Kong) traded in a ... ( read original story ...)

CHENGDU, China, Aug. 29, 2017 /PRNewswire/ The city of Chengdu plans to draw on a thousand years of financial acumen to boost economic cooperation with Hong Kong, according to municipal officials visiting the Special Administrative Region for a weeklong ... ( read original story ...)

Hong Kong is currently one of the fastest growing international financial centers in the world. Between 2008 and 2013, Hong Kong’s wealth management industry witnessed a growth rate of 146 per cent. There has also been estimation about Hong Kong’s ... ( read original story ...)

Still, the overall Hong Kong IPO market is more robust. It has raised four times more funds than Singapore so far this year, totalling US$8 billion in 92 IPOs. The island republic has raised only US$2 billion from 13 IPOs, according to Thomson Reuters data. ( read original story ...)

The company will report its earnings for S1 2017 on 08/30/2017. Generally, the company reports earnings better than estimates. In recent months, the 14 analysts from Thomson Reuters consensus have revised their EPS estimates upward. ( read original story ...)

HONG KONG, Aug 25 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) posted first-half net profit that more than trebled on Friday, due to a drop in loan impairment losses and operational expenses, as well as a surge in interest income. Net profit was ... ( read original story ...)

Hong Kong’s top financial executives are embracing automation in the workplace and urging employees to enhance their problem-solving skills and adapt as machines replace manual duties, a survey has found. Recruitment consultancy Robert Half polled 100 ... ( read original story ...)

Hong Kong has failed to secure a spot in the top 10 league table for funds raised from IPOs of technology companies worldwide, which surged three times to US$18.87 billion in the first eight months of the year. According to Thomson Reuters data, Hong Kong ... ( read original story ...)

Former HSBC chairman Michael Sandberg was in charge of the bank at a crucial time – when mainland China was opening up and as Sino-British talks on Hong Kong’s future were under way. Sandberg died in his London home on July 2 at the age of 90. ( read original story ...)

Your search could be tougher than you think. http://news.efinancialcareers.com/hk-en/292772/corporate-banking-salary-bonus-hong-kong/ If you’re looking for a new role as a corporate banker in Hong Kong, you face a rapidly changing job market in 2017. ( read original story ...)

There has been a rise in withdrawals at Hong Kong’s ATMs by banking clients using China UnionPay bank cards following Macau’s adoption of facial recognition technology at ATMs in May, according to a report by South China Morning Post. The increasing ... ( read original story ...)

Cofco Womai, an online food products retailer backed by the Cofco Group and Chinese internet giant Baidu, is seeking as much as $600m from a Hong Kong IPO. The company filed a listing application with the city’s bourse on Monday through sponsors China ... ( read original story ...)