Tag: finance

“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 ...)

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 ...)

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 ...)

Clifford Chance advised Bank of China (Hong Kong) Ltd., HSBC and ING Real Estate Finance as lenders to CC Land, with a team led by real estate partner Jane Cheong in London and finance partner Dauwood Malik in Hong Kong. Tax partner Dan Neidle, derivatives ... ( read original story ...)

HONG KONG Elliott Management Corp has raised its stake in Bank of East Asia Ltd (BEA) (0023.HK) less than two weeks before the Hong Kong lender defends itself in court against a lawsuit brought by the U.S. hedge fund. Elliott bought 237,800 shares of BEA ... ( read original story ...)

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of ... ( read original story ...)

HONG KONG Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling. The move ... ( read original story ...)

China’s state council has approved the increase of Hong Kong’s renminbi qualified foreign institutional investor (RQFII) quota to 500 billion yuan (US$73.6 billion), according to an announcement posted on the People’s Bank of China website on Tuesday. ( read original story ...)

Financial stocks advanced in Hong Kong on Monday after the new Bond Connect programme opened mainland China’s bond market to global investors.The banking and brokerage sectors, the direct beneficiaries of the connect programme, rose 0.8 per cent and 0.5 ... ( read original story ...)

HONG KONG China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. The deal is also boost for the ... ( read original story ...)

Hong Kong’s stock market is likely to start the second half of ... The rally in Wall street was partly due to the recent rebound in oil and bank stocks and a strong performance in the large-cap technology stocks despite a recent downturn. ( read original story ...)

July 3 Financial shares rose in Hong Kong on Monday, on the back of a new bond trading link between Hong Kong and China, but the overall market was largely flat as blue-chips generally underperformed and the service sector slipped. The Hang Seng index rose ... ( read original story ...)

Innovation and technological developments in Hong Kong will be boosted under an agreement on the Greater Bay Area project signed by local and mainland officials on Saturday and witnessed by Chinese President Xi Jinping. The city will also continue to ... ( read original story ...)

Jul.02 -- Bloomberg asked the new leader of Hong Kong and two former leaders whether the city would still be a global centre of finance in 20 years' time. Here's what they said. ( read original story ...)