Tag: finance

The board of directors (the "Board") of China Zheshang Bank Co. Ltd. (the "Bank") is pleased to announce that the Bank has been granted a banking license by the Hong Kong Monetary Authority on December 19, 2017 and thus becomes a licensed bank in Hong Kong. ( read original story ...)

Credit Union Australia's IT chief Sue Coulter will bid farewell to a seven-year career at the bank to set sail for AIA Life Insurance in Hong Kong. It marks a change of scenery for the long-time banking IT executive, who has spent the majority of her ... ( read original story ...)

and Standard Chartered Bank, as well as industry experts from Hong Kong and London. The HKMA and HM Treasury acted as facilitators. Latest developments in RMB internationalisation Forum participants reviewed the development of offshore RMB business in Hong ... ( read original story ...)

HONG KONG (Dec 19) -- The Hang Seng Index is forecast to reach 34,500 next year -- an 18% increase from its current level -- driven by earnings expansion at Chinese banks, insurers and technology companies, online investment products retailer Fundsupermart ... ( read original story ...)

Hang Seng Indexes, formerly HSI Services Limited, is a wholly-owned subsidiary of Hong Kong-based Hang Seng Bank. The company compiles and manages the Hang Seng Family of Indexes. ( read original story ...)

Despite a year of hot flotations that included firms backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd., Hong Kong is close to being overtaken by its U.S. competitor as the world's top IPO venue, a title it's held for two years. The package of ... ( read original story ...)

Alibaba headquarters in Hangzhou, China. Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like ... ( read original story ...)

Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like Alibaba Group Holding Ltd. Allowing shares ... ( read original story ...)

Hong Kong’s stock exchange said it would loosen the rules for company listings on the city’s market, a move that comes amid intense competition among global exchanges to be the chosen home for oil giant Saudi Arabian Oil Co.’s initial public offering. ( read original story ...)

Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs). Hong Kong Exchanges and ... ( read original story ...)

HONG KONG (Dec 14) -- Digital Hollywood Interactive on Thursday said its initial public offering was priced at the bottom end of an indicative range of 63 Hong Kong cents to 85 Hong Kong cents apiece. The Chinese online game publisher raised about HK$315 ... ( read original story ...)

HONG KONG (Dec 15) -- Singapore-listed real estate manager LHN said it expects to raise up to HK$99.1 million ($12.7 million) in an initial public offering on Hong Kong's main board. The real estate management and logistics group with operations in Asia is ... ( read original story ...)

Martin Steinbach, EY global leader, said: "The outlook appears bright, driven by lower volatility across regions, high valuation levels and a renewed appetite for cross-border IPOs particularly in the US, Hong Kong and London. "The stronger-than-expected ... ( read original story ...)

Bank of China (Hong Kong), the city’s offshoot of Bank of China - the nation’s fourth biggest lender by assets, is tapping rising cross-border transactions and investment demand in the “area” that covers nine Guangdong cities surrounding the Pearl ... ( read original story ...)