Tag: finance

Hong Kong’s government would double the size of a public annuity scheme for pensioners if the strong initial interest in the offer translated into oversubscription, the city’s financial chief said on ... ( read original story ...)

Neat, a digital bank based in Hong Kong, announced earlier this week it secured a $2 million investment from Dymon Asia Ventures and Portag3 Ventures. Founded in 2015, Neat offers two banking products ... ( read original story ...)

Chinese smartphone maker Xiaomi awaits market judgment in its IPO. The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range. Xiaomi has thriv... ( read original story ...)

China Tower Corp., the state-owned wireless infrastructure operator, has started gauging investor demand for a proposed Hong Kong initial public offering that could be the city’s biggest since 2010, p... ( read original story ...)

Hong Kong is expected to draw about 220 new listings this year, with the total fund-raising in the IPOs envisaged to be in the range of HK$200 billion to HK$250 billion, according to accounting and co... ( read original story ...)

China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would keep ... slid around 1 percent to a near 14-month low. In Hong Kong, the Hang Seng Inde... ( read original story ...)

A landmark Hong Kong court ruling granting visas to spouses of gay expatriate workers will help fuel LGBT groups pressuring Singapore and Japan to change their policies as the global financial hubs vi... ( read original story ...)

In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you actually get paid when you reach the senior ranks in these roles? To find out, we averaged out directo... ( read original story ...)

Diane Chiu, head of marketing Hong Kong, Retail Banking and Wealth Management said: “We’re very proud of Hong Kong’s heritage and the traditional crafts that give us a sense of belonging to our commun... ( read original story ...)

Hong Kong’s top court handed down a landmark ruling that will pave the way for visas to be granted to same-sex spouses of LGBT expatriate workers in Asia’s biggest financial hub. The city’s Court of Final Appeal ruled in favor of a British lesbian ... ( read original story ...)

Meanwhile, Hong Kong continues to nurture financial, cross-border initiatives powered by blockchain, steadily gaining a reputation for being an important international blockchain hub. Around the same time, in September 2017, the government of Hong Kong ... ( read original story ...)

And the Shenzhen-headquartered firm doesn’t have to look far to find them. Hong Kong (where many China bankers and research analysts are based) is a prime source of its banking talent. Pony Ma’s expansionist company – which is valued at $580bn ... ( read original story ...)

HONG KONG – Bank of America, N. A. Shanghai Branch (BANA Shanghai) announced today that it has been named a market maker for Bond Connect between mainland China and Hong Kong, and that it has completed its first client trade in China’s interbank bond ... ( read original story ...)

Bank of China is still a highly leverageable name, however.” BOCI worked on 10 IPOs last year, worth a total of $5.2 billion, data from Dealogic shows. Except for the $118 million Hong Kong listing of Wisdom Education International Holdings, for which ... ( read original story ...)