Goldman Sachs Has Nearly Vanished From Hong Kong’s IPO Scene

Goldman Sachs Group Inc. has nearly vanished from the Hong Kong IPO scene this year. The Wall Street bank has worked on only one completed listing in the city this year, Guotai Junan Securities Co.’s $2.2 billion share sale in March, data compiled by ... ( read original story ...)

Hong Kong banks in successful new hiring spree

... Hong Kong this year of people being hired from the Hong Kong Monetary Authority and Securities and Futures Commission, in particular from their enforcement, intermediary supervision, and banking conduct teams,” says Richard Fennelly, a director at ... ( read original story ...)

Ping An Becomes Second-Largest Shareholder in HSBC

China’s Ping An Insurance has acquired a 5% stake in HSBC Holdings, becoming the second-biggest shareholder of Europe’s largest bank, according to the insurer’s regulatory filing on Wednesday. Ping An’s filing to the Hong Kong Stock Exchange ... ( read original story ...)