Tag: finance

The benchmark Hang Seng index added 0.6 per cent, to 24,400.80 points, while the Hong Kong China Enterprises Index gained 0.5 percent, to 10,365.32 points. Much of the market's attention was on the landmark Trump-Xi summit on Thursday and Friday. ( read original story ...)

Zacks Investment Research has upgraded Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) to Hold in a report released on 04/05/2017. Yesterday Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) traded 1.06% higher at $20.10. The company’s 50-day moving average is $20.38 ... ( read original story ...)

World Rugby Vice-Chairman Agustín Pichot said: "Hong Kong is one of the biggest and most unique tournaments on the HSBC Sevens Series circuit and this weekend will be yet another fantastic event. "South Africa are deservedly leading the field but there ... ( read original story ...)

Hong Kong poultry sellers have called for financial support from the government to introduce better facilities to separate consumers and live chickens in wet markets amid the threat of bird flu. This came as the government launched a two-month public ... ( read original story ...)

Hong Kong is much more than one of the world’s most recognized metropolises. The city, whose name translates as “Fragrant Harbour,” has played an essential role in the rise of global trade and finance. As a former British colony, it became a gateway ... ( read original story ...)

Deloitte, the Hong Kong Monetary Authority (HKMA), and large trade finance banks in Hong Kong have teamed up to developed a distributed ledger technology (DLT) proof of concept for trade finance. Participant financial institutions include Bank of China ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares retreated following a choppy trading session, as losses by Chinese banks overshadowed advances by mainland infrastructure companies after authorities announced plans for a new economic zone. The Hang Seng ... ( read original story ...)

Ninety-five Chinese investors will attend the 12th ASEAN FINANCE Ministers' Investors Seminar (AFMIS)in Cebu on Thursday to explore more business opportunities in Southeast Asia, particularly in the Philipines. Bank of China (BOC), the world's fourth ... ( read original story ...)

GIFT City is likely to help attract trillions of dollars of investment into India, says top exchange BSE's CEO Ashish Chauhan who envisions Hong Kong like model for India's first global financial services centre. ( read original story ...)

A shipowner seeking finance in Hong Kong has a plethora of choices including debt financing from the many international banks with a shipping portfolio, leasing or, in the case of a public company, it may choose to issue shares or bonds. Nigel Anton ... ( read original story ...)

HONG KONG, April 3, 2017 /PRNewswire/ -- On 31 March 2017, the inaugural ceremony of HNA Innovation Finance Group ("HNA Innovation Finance") was held in Hong Kong. Attending the ceremony were leading members of the Board of HNA Group, including WANG Jian ... ( read original story ...)

The rivalry between Hong Kong and New York for global IPO supremacy may be set to intensify. Hong Kong lost its crown as the world’s No. 1 destination for initial public offerings in the first quarter as a dearth of mega-listings saw the city drop to ... ( read original story ...)

HONG KONG: HSBC has launched its voice biometric identification service in Hong Kong, following the successful launch of the functionality in the UK last year. Voice biometrics will be used as a form of verification while using phone banking services ... ( read original story ...)

After HSBC slashed 120 IT jobs last Monday, its subsidiary Hang Seng Bank is now rumoured to have cut experienced back end employees, sources report. The Hong Kong Banking Employees Association told the Oriental Daily that seven to eight back end staff ... ( read original story ...)