Tag: finance

... he believes Saudi Arabian state-owned oil giant Aramco will eventually need to list in Hong Kong, despite news that its highly anticipated initial public offering is likely to take place on its domestic market. Charles Li, chief executive of Hong Kong ... ( read original story ...)

Qupital, a Hong Kong-based trade finance platform, announced last week it has signed a financial strategy agreement with Alibaba. According to Qupital, The collaboration enables qualified Gold Supplier members of Alibaba to free up working capital ... ( read original story ...)

The company was making its first appearance at Hong Kong’s FilMart and Monday unveiled an ambitious ... He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share sale. ( read original story ...)

Hong Kong’s financial secretary Paul Chan Mo-po declared on Friday he would have “no fear” confronting private developers if he were to press ahead with a groundbreaking vacancy tax for unoccupied flats in a bid to cool the city’s red-hot property ... ( read original story ...)

Hong Kong’s securities regulator has ordered a company that is raising capital through an initial coin offering to halt the fundraising and return all tokens to investors, an unprecedented move to rein in the runaway market for cryptocurrencies. ( read original story ...)

Stocks in Hong Kong barely moved today as regional equity markets were mixed. The benchmark Hang Seng Index inched up 0.04 percent, or 11.79 points, to close at 31,513.76. Turnover on the main board amounted to HK$106.22 billion. In mainland China ... ( read original story ...)

HSI flat, HSCE -0.1 pct, CSI300 +0.4 pct HSI financial sector sub-index is flat; property sector down 0.7 percent March 19 (Reuters) - Hong Kong stocks were barely ... term of President Xi Jinping. ** The Hang Seng index was largely unchanged at 31,513.76 ... ( read original story ...)

Some 40,900 companies were newly registered during 2017 in the zone, which is only an hour’s drive by car from Hong Kong. Of those 164,900, 40 per cent have already started operating, including some major names such as HSBC, Hang Seng Bank and Credit ... ( read original story ...)

as losses in property developers and energy producers offset gains in China Unicom (Hong Kong). The Hang Seng Index dropped 0.2 per cent, or 65.48 points, to 31,475.62 as trading got under way on Friday, paring the five-day gain to 1.2 per cent. ( read original story ...)

The Hang Seng Index now rests just above the 31,435-point ... between 31,141.85 and 31,453.48 on turnover of 103.21 billion Hong Kong dollars. Among the actives, China Construction Bank skidded 1.28 percent, while Sands China lost 1.20 percent, Industrial ... ( read original story ...)

On the face of it, I’ve had a textbook start to my investment banking career: finance degree from major US university completed; internships in the bag; job offer from global bank accepted; traineeship kicked off a few months ago. But my path to my ... ( read original story ...)

A flag bearing the logo of the Hong Kong Exchanges and Clearing flies in Hong Kong. HKEX has gained more than 120% since the start of 2014, and at Thursday’s close was the second-biggest exchange operator in the world by market value, according to data ... ( read original story ...)

The Hong Kong government’s 2018 budget address was generally positively received with Paul Chan – the financial secretary – glowing in an almost embarrassment of riches. Last year the economy grew by 3.7 per cent, while inflation fell to 1.7 per cent. ( read original story ...)

“UBS has historically been very strong in HK IPOs, with strong technical knowledge of the listing rules and deep IPO execution experience.” Chinese banks, which now dominant Hong Kong listings, are likely destinations for departing UBS ... ( read original story ...)