Tag: finance

Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed 9 per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from retail investors, the company had priced its ... ( read original story ...)

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks ended higher on Wednesday, extending gains made in the previous session with mainland automakers, banks and insurers leading the surge after the Chinese central bank’s weekend move to free up liquidity to ... ( read original story ...)

Shares of HSBC Holdings plc (Hong Kong) (HKG:0005) closed at 77.45 yesterday. HSBC Holdings plc (Hong Kong) currently has a total float of 20.40B shares and on average sees 20.36 million shares exchange hands each day. The stock now has a 52-week low of 56 ... ( read original story ...)

DHAKA: Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation. The private bank in its application in October last year said it would provide trade ... ( read original story ...)

Hong Kong & China Ga (HOKCF) is on trader's radar as the shares ... indicator used to describe if a market is trending or not trending. China's central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since ... ( read original story ...)

HONG KONG (AP) — The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. In an update to its annual ... ( read original story ...)

Hong Kong was the best performer among Asia Pacific bourses on Wednesday ... from a Sunday cut to their reserve requirement ratio. Industrial and Commercial Bank of China rose 1.8 per cent. Tokyo’s Topix index was flat, but Japan Display was far and ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited on a fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website ... ( read original story ...)

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks rose on Wednesday, extending gains made in the previous trading session, with Chinese banks and insurers leading the surge after China’s central bank cut reserve ratios over the weekend. The blue chip Hang ... ( read original story ...)

Hong Kong stocks posted their biggest one-day gain in seven months after a move by China’s central bank designed to spur lending. The city’s benchmark index surged above the key 28,000-point level on Tuesday, the first trading session of the fourth ... ( read original story ...)

HSBC (0005) yesterday declared a third interim dividend of US$0.10 (78 HK cents) per ordinary share. A scrip dividend will also be offered. Hang Seng Bank (0011) also declared a third interim dividend - HK$1.20 per share.According to the latest global ... ( read original story ...)

THAILAND – October 03, 2017 – Capital Trust Group and W Ventures (Hong Kong) have selected the AlphaPoint platform to create the blockchain financial technology infrastructure for Trust City. The AlphaPoint Distributed Ledger Platform will enable the ... ( read original story ...)

The Bank of East Asia has urged anyone who put cheques into a collection box at its Cheung Sha Wan branch on a day last month to contact them after it realised that the box was “accidentally” dumped by renovation workers. In an announcement on its ... ( read original story ...)

Hong Kong and Paris, and Sotheby's BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby's offers collectors the resources of Sotheby's Financial Services, the world's only full-service art ... ( read original story ...)