Tag: finance

HONG KONG (Jul 26) -- Hong Kong's benchmark share index reached fresh 25-month highs Wednesday on the back of energy and banking stocks, but fell short of 27,000 as casino operators retreated. The Hang Seng Index added 0.3% to 26,941.02, after rising as ... ( read original story ...)

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 26, 2017). Hong Kong's stock exchange has rejected the application for a potentially ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares clung to 25-month highs as heavyweight HSBC Holdings's late rally and sustained inflows from China helped offset weakness for the city's property developers. The Hang Seng Index added less than 0.1% to 26,852.05. ( read original story ...)

HSBC has received approval from regulators to set up a majority-owned securities joint venture in China, the first for a foreign group in the country. Hong Kong-based Bank of East Asia was also granted approval by the China Securities Regulatory Commission ... ( read original story ...)

The Hong Kong Rugby Union today announced the increase from HK$1,800 for this year’s event. The world-renowned Cathay Pacific/HSBC Hong Kong Sevens will be held on April 6-8 next year. The extra revenue will swell the union’s coffers by up to HK$6 ... ( read original story ...)

HSBC’s shares have risen 49 per cent in the past year, as of its close at HK$76.7 on Tuesday. HSBC, the biggest lender in Hong Kong and Europe, is expected to report a 17 per cent year on year rise in unadjusted net profit growth in the second quarter to ... ( read original story ...

the Hongkong and Shanghai Banking Corporation (HSBC), the Standard Chartered Bank, and the Bank of China. The notes share identical colors between the three banks, but the designs are noticeably different. Now, let’s presume you find yourself in Hong ... ( read original story ...)

The Hong Kong Rugby Union has confirmed that ticket prices for the world-renowned Cathay Pacific/HSBC Hong Kong Sevens will increase for the first time since 2014. Starting in 2018, prices will be increased by approximately 8% or HK$50 dollars each day ... ( read original story ...)

Hong Kong’s Hang Seng Index briefly topped the 27,000 level ... The banking giant is scheduled to release interim results next Monday. Hang Seng Bank briefly hit 10-year high at HK$166.6. It traded at HK$165.5 at 10.15am, slightly down from Tuesday ... ( read original story ...)

The rapid development of fintech solutions for fund management and distribution in mainland China contrasts with the traditional approach maintained by many fund managers in Hong Kong. While the city is bidding to become a fintech hub, asset managers ... ( read original story ...)

Most sectors lost ground in the morning, with real estate and material shares leading the decline, while gains were seen in banking plays. Hong Kong's benchmark Hang Seng index was marginally lower at 26,816.93 around mid-day as losses in energy and telco ... ( read original story ...)

Hong Kong’s stock exchange has rejected the application for a ... The exchange in June sent back the IPO application of AMTD Strategic Capital Group, which was filed the previous month, deeming it to be “substantially incomplete” without elaborating ... ( read original story ...)

HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking ... One of the sources said Pactera could see a $200 million pre-IPO funding round close in the third quarter, adding Goldman bankers had spoken to several Chinese institutional investors. ( read original story ...)

Strix Group plc, the maker of kettle safety controls and water temperature components, is planning an initial public offering on London's junior market ... Strix, which has manufacturing operations in the UK , Hong Kong and China, last year reported ... ( read original story ...)