Tag: finance

It’s not related to the economy. It’s a purely monetary phenomenon,” said Raymond Yeung, an economist at Australia & New Zealand Banking Group Ltd. in Hong Kong. “If Hong Kong rates don’t rise, it’s hard for asset prices to correct.” ( read original story ...)

The top gainers among H-shares were China Merchants Bank Co Ltd up 2.11 per cent ... trading at a premium of 29.82 per cent over the Hong Kong-listed H-shares. The price-to-earnings ratio of the Hang Seng index was 13.16 as of the last full trading ... ( read original story ...)

The Hong Kong securities regulator has banned UBS from sponsoring initial public offerings for 18 months, after an investigation into the Swiss bank’s role in certain listings on the city’s stock exchange. In a blow to its Asian investment banking ... ( read original story ...)

Hong Kong-based Hang Seng Bank plans to expand its use of fintech in mobile banking services. Additionally, based on consumer uptake of the facial recognition feature of iPhone X, the bank is considering the use of facial recognition technology at its ATMs ... ( read original story ...)

Hong Kong’s securities regulator has blocked UBS from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released on Friday, adding it planned to appeal against the decision. The Securities and Futures Commission ... ( read original story ...)

Hong Kong and mainland stocks ended higher on Thursday after China’s exports significantly exceeded estimates, bolstering optimism about the strength of the world’s second-largest economy. The Hang Seng Index rose 1.5 per cent, or 457.60 points ... ( read original story ...)

Stocks in Hong Kong rebounded today, tracking overnight gains on Wall ... Only four blue-chips fell today. Hang Seng Bank (0011) slid 0.49 percent to HK$184.10 and Bank of East Asia (0023), the biggest loser on the benchmark, dropped 0.59 percent to ... ( read original story ...)

Around a third, 32.5%, of its Asia-Pacific IPO revenues last year, or $21.1m, were generated from listings in Hong Kong, according to Dealogic. The Swiss bank, which finished second in the Hong Kong IPO revenue league table in 2017, is appealing the ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) announced on Friday it has signed a Memorandum of Understanding (MoU) with the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU to enhance fintech collaboration between the ... ( read original story ...)

ZURICH/HONG KONG (Reuters) - Hong Kong's securities regulator has blocked UBS (UBSG.S) from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released on Friday, adding it planned to appeal against the decision. ( read original story ...)

The Hong Kong dollar had been leaning towards the strong side, sitting around 7.75 per dollar, effectively since the financial crisis of 2007/8, when the HKMA had to sell the local currency to prevent it from appreciating further due to massive inflows ... ( read original story ...)

This was enough to kill off the hedge fund attack as local banks could only raise funding for their own needs, so there were no Hong Kong dollars left to finance short sellers. This time around it will be the first defence of the 7.85 level and the HKMA ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) and the Polish Financial Supervision Authority (KNF) signed and exchanged a Memorandum of Understanding (MoU) today (March 9) to enhance fintech ... ( read original story ...)

About 80,481 shares traded. Digatrade Financial Corp. (OTCMKTS:DIGAF) has 0.00% since March 6, 2017 and is . It has underperformed by 16.70% the S&P500. Nine Masts Capital Ltd decreased China Unicom (Hong Kong) Ltd (CHU) stake by 58.57% reported in 2017Q3 ... ( read original story ...)