Tag: finance

Net interest margin has also seen improvement. Pre-tax operating profits of the banking industry have grown by over 18% over the same period last year. I am happy to see that while banks in Hong Kong are making decent profits, they are at the same time ... ( read original story ...)

Hong Kong's unwillingness to admit such companies cost it the IPO of e-commerce giant Alibaba Group Holding Ltd., which listed in New York in 2014. Hong Kong's market has suffered several dramatic share plunges this year, often with no apparent cause. ( read original story ...)

gained 0.17 percent and BOC Hong Kong was unchanged. A group of Hong Kong football fans have booed their national anthem - which the territory shares with mainland China - during a friendly match with Laos, reported BBC. Parallel Advisors LLC now owns ... ( read original story ...)

It's a pleasure to be here today. My thanks to the Hong Kong Association of Banks for giving me this welcome opportunity to speak to the institutions and the professionals who have made banking and finance one of Hong Kong's great assets. Our ticket to the ... ( read original story ...)

senior China economist at Goldman in Hong Kong, wrote in a note. Unlike global peers, the People’s Bank of China doesn’t make scheduled policy rate announcements, and speeches are relatively rare. The reaction function, or how PBOC officials led by ... ( read original story ...)

It has nothing to do with banking,” the source alleged. Unity is CBA’s internal LGBTI community and allies network and has groups established in every Australian state, along with New York, London, Hong Kong and Auckland. The CBA website states that ... ( read original story ...)

Patricia Hurtado With just four words, Mark Johnson allegedly passed a secretive signal to fellow HSBC currency traders to launch a ... in which Johnson allegedly tipped off a trader in Hong Kong. That signal eventually reached others on both sides of ... ( read original story ...)

Their leader was Vandeleur Grayburn, chief manager of the Hongkong and Shanghai Banking Corporation, the man regarded by some as the real ruler of pre-war Hong Kong: “the Governor’s governor”. All in all, about 100 adult enemy civilians were allowed ... ( read original story ...)

According to prosecutor Carol Sipperly, former HSBC currency trader Mark Johnson used just four ... in which Johnson allegedly tipped off a trader in Hong Kong. That signal eventually reached others on both sides of the Atlantic, she said. ( read original story ...)

The pro-establishment lawmaker who heads the Finance Committee of Hong Kong’s legislature plans to introduce a set of “chairman directives” in an effort to curb filibustering over government funding applications. Committee chairman Chan Kin-por ... ( read original story ...)

Sichuan Energy Investment Development Co is looking to list on the Hong Kong Stock Exchange ... the sole sponsor of the IPO. Sichuan Energy operates in Yibin city, in China’s Sichuan province. It has a vertically integrated model, with a full power ... ( read original story ...)

Haitong UniTrust is preparing for a late October or early November launch of its potential $500m Hong Kong listing, according to a banker ... the China Securities Regulatory Commission for the IPO. It expects to get the go-ahead from the regulator in ... ( read original story ...)

BOC Hong Kong shed 0.78 percent, Hong Kong and China Gas added 0.54 percent, CNOOC gained 0.40 percent, New World Development was up 0.35 percent, Industrial and Commercial Bank of China added 0.16 percent and China Petroleum and Chemical (Sinopec ... ( read original story ...)

Currently, Jacobson's business involves traditional Chinese medicines for the Hong Kong market. One year ago, Jacobson completed an $85 million IPO on the Hong Kong exchange, 45% of which was earmarked for strategic acquisitions. ( read original story ...)