Tag: finance

You are currently accessing Central Banking via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our ... ( read original story ...)

Interview with Lin Jingzhen, deputy chief executive, Bank of China (Hong Kong) Q: How can Hong Kong play the role of "super-connector"? A: As an international financial, trading and shipping center, Hong Kong enjoys the unique advantages of its ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on phishing e-mail ... ( read original story ...)

Asia’s banking brain drain continues as a tech firm poaches a leading financial professional. https://news.efinancialcareers.com/hk-en/299072/hong-kong-bankers-alibaba/ It’s happened again: another senior banking professional has quit the finance ... ( read original story ...)

Huaxia Life Insurance, controlled by troubled mainland tycoon Xiao Jianhua, has increased its stake in China Minsheng Banking Corp, it said in a filing to the Hong Kong stock exchange. The insurer said it bought 130.8 million A shares of Minsheng Bank in ... ( read original story ...)

Shares of Yixin Group, China’s biggest online car retailer, had surrendered most of their early gains by Thursday’s close in Hong Kong, disappointing market watchers who had anticipated a blockbuster debut. The company, which is backed by Tencent and ... ( read original story ...)

Yixin Group, China’s largest online car retailer, has priced its highly-anticipated initial public offering at the upper end of the price range to raise a total HK$6.77 billion (US$870 million), as investors eye the rapid rise of vehicle e-commerce in ... ( read original story ...)

It also holds shares in Nanyang Commercial Bank, Chiyu Banking Corporation and BOC Credit Card (International). China Mobile Hong Kong Company is the wholly owned subsidiary of China Mobile (0941), which was incorporated in January 1997. ( read original story ...)

According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a forum appearance on Friday. Lau said that blockchain would bring "great benefits" to nations participating ... ( read original story ...)

Hong Kong can take justifiable pride in its position as one of the world’s leading centres for initial public offerings (IPOs). This not only keeps billions of dollars pumping through the system, but also buttresses the city’s claims to being the ... ( read original story ...)

How to make HK$700,000 ($90,000) in one day? It’s not as hard as you might think: More than 250 investors just did exactly that by buying into China Literature Ltd.’s initial public offering. IPOs are hot again in Hong Kong, underpinned by the ... ( read original story ...)

Hong Kong is looking into building a trade-financing system using blockchain technology, a senior official said. Blockchain, the decentralized encryption technology behind cryptocurrencies, could provide “great benefits” to trade finance in countries ... ( read original story ...)

Razer Inc. climbed 18 percent in its Hong Kong coming-out party, as the maker of gaming laptops and accessories rode red-hot demand for first-time technology share sales this year. Razer, backed by Singapore’s sovereign wealth fund and Hong Kong ... ( read original story ...)

Shares in Razer, the gaming hardware maker backed by Intel and Hong Kong’s wealthiest man Li Ka-shing, rose 18 per cent in debut trading in Hong Kong on Monday, after receiving an oversubscription of 290 times for its public offering, one of this year ... ( read original story ...)