Tag: finance

More than half of Hang Seng Bank’s staff members in Hong Kong will be offered up to four more days of annual leave from next year, on the back of its strong business performance in the first half of this year. The bank announced on Wednesday that 4,500 ... ( read original story ...)

Commission on Elections (Comelec) chairperson Andres Bautista on Monday refuted allegations that he maintains an overseas bank account amounting to nearly HK$1 million. Valued at $948,358.97, the money allegedly deposited with the Hong Kong Shanghai ... ( read original story ...)

Hong Kong stocks ended the midday session higher on Tuesday, mainly lifted by gains in major companies including Tencent and Geely Auto, while the mainland bourses remained flat. The Hang Seng Index added 0.1 per cent to 27,722 by the lunchtime break ... ( read original story ...)

Among the actives, Tencent Holdings surge d 2.95 percent, while China Mobile picked up 0.30 percent, CITIC spiked 2.51 percent, BOC Hong Kong climbed 1.15 percent, New World Development dropped 1.12 percent, China Resources Land gained 0.62 percent ... ( read original story ...)

said ING Bank NV’s economist Iris Pang. “This is obviously to deter capital outflow from individuals using ATMs,” Pang said in Hong Kong. “This signals that the State Administration of Foreign Exchanges (SAFE) is still wary of capital outflow ... ( read original story ...)

SHANGHAI, Aug 7 (Reuters) - Hong Kong stocks posted modest gains on Monday, buoyed by strength in technology firms as well as Chinese resource and financial shares. The Hang Seng index ended up 0.5 percent at 27,690.36 points, while the China Enterprises ... ( read original story ...)

China Tower, which owns and manages the towers used by the country’s big three telecoms operators, is preparing for an initial public offering in Hong Kong. The company has hired China International Capital and Goldman Sachs to lead the IPO, which could ... ( read original story ...)

Of the six banks that have listed in Hong Kong in the past 16 months, all are underperforming the benchmark Hang Seng index. From their IPO prices, their shares have moved between a gain of 7.5 percent, in the case of Jilin Jiutai Rural Commercial Bank ... ( read original story ...)

Of the six banks that have listed in Hong Kong in the past 16 months, all are underperforming the benchmark Hang Seng Index. From their IPO prices, their shares have moved between a gain of 7.5 percent, in the case of Jilin Jiutai Rural Commercial Bank ... ( read original story ...)

The insider activity fell for the second straight week based on filings on the Hong Kong stock exchange from July 31 to August 4, with 15 companies that recorded 75 purchases worth HK$74 million versus three firms with 19 disposals worth HK$6 million. ( read original story ...)

The Hang Seng in Hong Kong edged up 0.1%. The UK needs to be better prepared for a "no deal" Brexit to show Brussels there is a "credible" alternative should the negotiations fail, a former Bank of England governor has said. Blue-chip stocks pushed the ... ( read original story ...)

Hong Kong Exchanges and Clearing ... a wealth management strategist at Sun Hung Kai Financial. “The volume of derivative products trading also reach a record high level in the first half of this year which also brought in higher fee income,” Wen ... ( read original story ...)

What is it – Premium China Fund invests mostly in companies listed in Hong Kong, mainland China and Taiwan ... water rights, agribusiness finance and real property. Returns – From inception in June 2014 to June 30, 2017, 9.33 per cent. ( read original story ...)

Policymakers are often reminded of the Asian financial crisis 20 years ago whenever external ... Nichola Saminather and Vidya Ranganathan in SINGAPORE and Marius Zaharia in HONG KONG; Editing by Marius Zaharia and Raju Gopalakrishnan) ( read original story ...)