Visa is the ‘healthiest’ brand in Hong Kong, according to YouGov’s first brand health rankings. The list is dominated by financial services and payment brands – Visa, Octopus Card, Hang Seng Bank and HSBC – as well as retailers (luxury and ... ( read original story ...)
AIA’s first half profit beats estimates on strong China, Hong Kong sales
The stock hit a new all-time high on Thursday, up 1.8 per cent to close at HK$60.7. Net profit increased 42 per cent ... succeeding Mark Tucker, who is set to join HSBC as group chairman. “Asian economic growth remains strong and structurally resilient. ( read original story ...)
Walkie Talkie building sold to Hong Kong firm for a record £1.3bn
The previous record-breaking transaction for a single piece of British commercial property was the HSBC tower in Canary Wharf which was purchased by the Qatar Investment Authority in 2014 for £1.2bn. ( read original story ...)
AIA Isn’t Just a Cash Machine
Even that market share in Hong Kong and China needs defending. What's Tucker's strategy at HSBC Holdings Plc, where he is now chairman? Will he replicate his success at AIA and push HSBC deeper into insurance? With a profit margin of 54 percent ... ( read original story ...)
London’s Walkie Talkie building sold for record-breaking £1.3bn
The group also owns and manages office and retail space in Guangzhou and Shanghai in China, as well as in central Hong Kong. The Cheesegrater, or Leadenhall Building, sold for £1.15bn in March HSBC building, 8 Canada Square, sold for £1.1bn in December ... ( read original story ...)
Senior Apac levfin banker exits BAML
His departure comes just ahead of Nicholas Kwan, formerly an associate director in HSBC's Asia Pacific leveraged finance team, joining BAML's leveraged finance unit next month. ... Please take a trial or subscribe to access this content. Contact our ... ( read original story ...)
Secret move that paid off
Moving HSBC's base from Hong Kong was a highly sensitive matter, hence it was directly handled in strict confidence by the top manager at accounting firm KPMG, assisted only by two confidantes and a secretary. Preparations were made under extreme secrecy ... ( read original story ...)
Walkie Talkie skyscraper bought by Hong Kong firm for record £1.3bn
The previous record-breaking transaction for a single piece of British commercial property was the HSBC tower in Canary Wharf which was ... including those from Hong Kong and China, who have piled in after Britain's vote to leave the European Union ... ( read original story ...)
Hong Kong kicks off fintech career accelerator scheme
Also in 2016, Banking Technology was invited to a tour of Hong Kong, given to the international media by the Government of the Hong Kong Special Administrative Region. That visit showed off some impressive infrastructure, talent and start-ups. ( read original story ...)
How Hong Kong’s finance industry is adapting to a changing workforce
There’s no shortage of articles, studies, and reports on the rise of the Millennial worker. Predicted to make up 50% of the global workforce by 2020, their sheer number may seem a little daunting. Luckily, while there’s no denying this generation is ... ( read original story ...)
Imagine Sets $100 Million TV Financing Venture With Hong Kong’s TVB (EXCLUSIVE)
The parent company is a publicly traded firm that owns broadcast TV channels in Hong Kong and a busy production studio and ... make it possible for Imagine to develop and in some cases finance its own series. And the partnership opens up distribution ... ( read original story ...)
Hong Kong exchange denies IPO
HONG KONG: Hong Kong’s stock exchange has rejected the application for a potentially multimillion-dollar listing involving one of Asia’s richest men, as the city — a hot spot for initial public offerings — has come under increasing regulatory scrutiny. ( read original story ...)
Local banks are hiring in Hong Kong: this is where their jobs are
http://news.efinancialcareers.com/hk-en/256476/how-to-break-into-private-banking-in-asia/ ‘Local’ banks have been stepping up their hiring in Hong Kong this year. But in which jobs? To find out, we examined the careers websites of seven of the most ... ( read original story ...)
Hong Kong share index rises on energy, bank stocks, but shy of 27,000
HONG KONG (Nikkei Markets) -- Hong Kong's benchmark share index reached fresh 25-month highs Wednesday on the back of energy and banking stocks, but fell short of 27,000 as casino operators retreated. Technology stocks retreated, with internet major ... ( read original story ...)