A planned US$1.5 billion share offer in Hong Kong by Chinese online insurance broker ZhongAn Online P&C Insurance, the largest ever by a fintech company in the city, could help Hong Kong improve its attractiveness as a destination for technology initial ... ( read original story ...)
Shares in Hong Kong and Singapore banks draw investor interest as prospects improve
Investor interest in Hong Kong and Singapore bank shares has revived thanks to better fundamentals for the sector as well as improving fortunes at a number of individual banks, but analysts said caution was necessary as there may be limited room for ... ( read original story ...)
Hong Kong launches HK$2 billion fund to support tech start-ups
Hong Kong has launched a HK$2 billion (US$256 million) fund to encourage investment in local innovation and technology start-ups, in an effort to boost new economic activity. The government said on Friday it is inviting venture capital funds to apply to ... ( read original story ...)
Hong Kong’s cross-border connection paves way for major IPOs
“Hong Kong had a pipeline of more than 170 IPO applications by the end of August,” Au says. “In addition, plans for about two to three large to mega IPOs mainly by technology-related businesses are likely to be completed before the end of 201 ( read original story ...)
Hong Kong’s top ten skyscrapers
Hong Kong has more skyscrapers than any other city in the world ... Bank of China Tower While the BOC Tower is often criticised for bringing bad luck due to its likeness to a knife, it’s still one of the most eyecatching buildings in our skyline. ( read original story ...)
“Chinese banks dominate Hong Kong hiring. There’s no debate now”
Chinese banks in Hong Kong dominate the job market like never before ... There’s simply no debate: from BoC to ICBC, Chinese banks now dominate available job vacancies. But there’s a problem. Bringing the people they want on board still ... ( read original story ...)
Hong Kong Shares May Find Support On Friday
BOC Hong Kong and Kunlun Energy both added 0.13 percent and Belle International was unchanged. The lead from Wall Street is unclear as stocks moved in opposite directions on Thursday - eventually finishing mixed, with the Dow hitting a fresh record closing ... ( read original story ...)
Hong Kong Bourse May Tick Lower On Monday
Hong Kong & China Gas added 0.40 percent, CNOOC gathered 0.32 percent, Galaxy Entertainment shed 0.29 percent and BOC Hong Kong was up 0.26 percent. The lead from Wall Street provides little clarity as stocks moved mostly lower on Friday, although the Dow ... ( read original story ...)
Why PBoC has relaxed the reserve requirements for FX forwards
According to a research report by Bank of America Merrill Lynch, the renminbi reserve requirement still remains for custodian banks, BoC Hong Kong, BoC Macau, as well as the parent banks of other clearing banks. But the reserve requirement is lifted for ... ( read original story ...)
Postal Savings Bank of China to meet investors for US dollar AT1 securities
BOC International, Huarong Financial, Standard Chartered Bank, Ping An of China Securities (Hong Kong), China Merchants Securities (HK), Credit Agricole and Deutsche Bank. The proposed Reg S AT1 issue has expected ratings of Ba3 by Moody’s. PSBC said in ... ( read original story ...)
Hang Seng Bank (0011) Decline -0.44% on Sep 16
Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)
Hong Kong stocks end the week on a positive note, shrugging off North Korea threat
Hong Kong stocks ended higher on Friday ... China Construction Bank dropped 0.3 per cent, and Hang Seng Bank slid 0.4 per cent. Mainland Chinese stocks declined amid weaker-than-expected August economic data. Macquarie forecasts China’s GDP growth ... ( read original story ...)
Here’s how to get into Hang Seng Bank in Hong Kong
Hang Seng Bank is hiring experienced staff across the board in Hong Kong right now (click here for details of where the jobs are). But where should you study if you want a graduate role at the bank? To find out, we looked at online profiles of ... ( read original story ...)
Hong Kong’s ex-central banker calls for dual-currency stock prices to shield city from risks
It would also enable banks in Hong Kong to manage their renminbi assets and liabilities more effectively.” Joseph Yam’s blog: International Financial Centre and Monetary and Financial Stability Currently, only two – Hui Xian Real Estate Investment ... ( read original story ...)