Beijing may be finally learning from Hong Kong’s regulatory experience as it makes unprecedented efforts to maintain domestic financial stability and contain external shocks. This can be seen from last week’s half-year economic analysis seminar where ... ( read original story ...)
Hong Kong Stocks Rebound From Seven-Week Low as Financials Rise
Hong Kong stocks rose, with the benchmark index climbing from a seven-week low, as HSBC Holdings Plc led financial shares higher and Orient Overseas International Ltd. jumped after being targeted for a takeover. The Hang Seng Index advanced 0.6 percent to ... ( read original story ...)
Fitch Rates Bank of China Hong Kong Branch’s USD Notes Final ‘A’
(The following statement was released by the rating agency) TAIPEI/HONG KONG, July 10 (Fitch) Fitch Ratings has assigned final 'A' ratings to Bank of China Ltd. (BOC, A/Stable) Hong Kong branch's USD550 million floating-rate senior unsecured notes due 2019 ... ( read original story ...)
China stocks shaky as markets await data cues; Financials lead HK gains
Hong Kong shares gained over 1 percent, as a jump in financials offset a tumble in raw material stocks. China's blue-chip CSI300 index was unchanged at 3,655.38 points by the lunch break, while the Shanghai Composite Index lost 0.2 percent, to 3,211.31 points. ( read original story ...)
Razer Files for IPO in Hong Kong to Raise $600 Million
This week Razer has made a preliminary filing for IPO on the Hong Kong Stock Exchange. The company plans to raise $600 million for future growth, particularly in Asia. In addition, the funding is supposed to improve the company’s overall march with ... ( read original story ...)
Beijing refused to step in during 1998 Hong Kong financial crisis, former city chief reveals
Beijing declined the Hong Kong government’s request to have experts intervene in the city’s financial crisis after the 1997 handover in order not to breach “one country, two systems”, the city’s leader at the time has revealed. Tung Chee-hwa, who ... ( read original story ...)
HK, China stocks weaker as global central bank tightening worries weigh
The Hang Seng, the Hong Kong benchmark that ranked among the best-performing major ... Yang Hai, an analyst at Kaiyuan Securities said tightening by the Federal Reserve and the European Central Bank "would have a negative impact on liquidity situations ... ( read original story ...)
HSBC Said to Approach Peter Hancock as Possible Outside CEO (2)
Hancock and Tucker overlapped for a few months at AIG in 2010, when the insurer spun off Hong Kong-based AIA Group Ltd., which Tucker formerly led. Cambridge Fellow While Hancock would be an outsider, he’s cut from the same cloth as many HSBC lifers. ( read original story ...)
UAE school fees second highest in the world – HSBC study
Hong Kong took the first spot, with parents spending about $132,161 per child. The survey conducted falls under HSBC’s The Value for Education series, which polled 8,481 parents from 15 different countries and territories. It reveals insights on parents ... ( read original story ...)
Indian parents spend Rs 12.25 lakh on children’s education, Hong Kong leads with Rs 85.67 lakh
The survey of over 8,400 parents in 15 countries and territories said Hong Kong parents spent the most on education ... head – retail banking and wealth management, HSBC India. About 89% of parents in India are ready to make personal sacrifices for ... ( read original story ...)
PEOPLE MOVES: Jersey Finance, Quilter Cheviot, HSBC, UBS
Patrick Ho has been hired as Asia investment strategist for HSBC’s private banking business. Based in Hong Kong, he will support the development of regional investment and product strategies across all asset classes for clients in Asia, according to a ... ( read original story ...)
This “new sexy job” in Hong Kong banking will get you a 23% pay rise
“HSBC, Standard Chartered and Citigroup are among the Western banks likely to hire in sales because they’ve indicated their role as market makers in the new scheme,” says Stanley Soh, a Hong Kong-based regional country director of financial services ... ( read original story ...)
New trading board – bitter memories still haunt investors
particularly Hong Kong. When Cathay Pacific, the city's flag carrier, was facing earnings headwinds, it went back to the basic strategy taught in business schools - cost cutting. Indeed, even mighty HSBC had to greatly reduce its operating expenses ... ( read original story ...)
China Mobile (Hong Kong) (CHL) Getting Somewhat Positive News Coverage, Study Finds
03/09/2016 - China Unicom (Hong Kong) Ltd had its "buy" rating reiterated by analysts at CLSA. HSBC Holdings plc downgraded China Mobile (Hong Kong) from a "buy" rating to a "hold" rating in a research report on Thursday, March 23rd. Two analysts have ... ( read original story ...)