HONG KONG—Hong Kong’s securities regulator is investigating 15 financial firms for what it called substandard work while arranging initial public offerings, a senior official said Wednesday. Thomas Atkinson, head of enforcement at Hong Kong’s ... ( read original story ...)
Hong Kong Investigating 15 Firms Over IPO Sponsor Work, SFC Says
The Securities and Futures Commission is investigating 15 financial firms that sponsored initial public offerings in Hong Kong, amid concern over “substandard” work, according to head of enforcement Tom Atkinson. Failure to verify critical information ... ( read original story ...)
HKSAR Government welcomes issuance of US dollar sovereign bonds by Ministry of Finance in Hong Kong
The Ministry of Finance announced today (October 11) that it will issue US dollar sovereign bonds totalling US$2 billion in Hong Kong, of which US$1 billion will be issued in 5-year tenor and the remaining US$1 billion in 10-year tenor. This will be the ... ( read original story ...)
China to issue $2bn dollar-denominated sovereign bonds in Hong Kong
China’s government has announced plans to issue $2bn of dollar-denominated sovereign bonds in Hong Kong, the first such issuance in 13 years. The Ministry of Finance said in an announcement on Wednesday that it would in the coming days issue a total of $ ... ( read original story ...)
Hong Kong regulator probing 15 firms for IPO sponsorship roles
HONG KONG (Reuters) - Hong Kong’s securities regulator is probing “substandard work” done by 15 firms in their roles as sponsors for initial public offerings (IPO) in the Asian financial hub, a senior official said on Wednesday. Speaking at the ... ( read original story ...)
ADRs End Higher; HSBC, Total Trade Actively
HSBC Holdings PLC (HSBC, HSBA.LN, 0005.HK) and Total SA (TOT, FP.FR) were among those with ADRs that traded actively. HSBC shares have benefited from the company's international exposure following the U.K.'s vote to leave the European Union, though ... ( read original story ...)
Hong Kong stocks jump toward 10-year high on mainland buying
HONG KONG (Nikkei Markets) -- Hong Kong shares revisited a near 10-year high on Tuesday, paced by gains for HSBC Holdings and developers as mainland investors continued to pour money into the local market. The Hang Seng Index added 0.6% to 28,490.83 ... ( read original story ...)
HSBC : Commonwealth Games elate coach
10/09 HSBC: Transaction in own shares 9 October 2017 - Announcement made to the HK st.. 10/09 HSBC: Director/PDMR Shareholding - Paulo Maia - Announcement made to the HK sto.. 10/09 HSBC: Director/PDMR Shareholding - Paulo Maia (2-page PDF 144KB) ( read original story ...)
HSBC, Lloyds Banking, Royal Bank of Scotland
HIGHLIGHTS * BME : RBC raises to sector perform from underperform * HSBC Holdings Plc : Credit Suisse cuts to underperform ... HSBC Holdings Plc : Credit Suisse raises target price to HK$62.90 from HK$61.00 * HSBC Holdings Plc : Credit Suisse ... ( read original story ...)
How Hong Kong can maintain a competitive edge in fintech development
Hong Kong is a well-known international financial centre, and financial technology is one of the major trends affecting the global financial community. Two weeks ago, the Hong Kong Monetary Authority outlined a plan to launch an enhanced fintech supervisor ... ( read original story ...)
GT : DISCLOSABLE TRANSACTION IN RELATION TO PROVISION OF FINANCIAL ASSISTANCE
(Incorporated in Hong Kong with limited liability) The Board is pleased to announce that on 10 October 2017, the Loan Agreement was entered into between Global Wealth Finance as lender and the Borrower as borrower pursuant to which, Global Wealth Finance ... ( read original story ...)
BRIEF-United Laboratories International signs facility agreement with China Development Bank Hong Kong
* Entered facility agreement with China Development Bank Hong Kong for HK$300 million and HK$200 million term loans Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Chinese Animation Platform Bilibili Eyeing U.S. IPO (Report)
Baidu-owned iQIYI has indicated that it will seek a U.S. share listing with a possible value of $8 billion. Moving in the opposite direction, STX Entertainment is looking at a listing in Hong Kong. ( read original story ...)
IDC Financial Insights Unveils 10 Fast Growing FinTechs for Hong Kong in 2017
IDC Financial Insights unveiled a list of 10 fast growing fintechs in Hong Kong as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground ... ( read original story ...)