Tag: finance

Hong Kong (HKSAR) - The following is issued on behalf of the Financial Services Development Council: The Financial Services Development Council (FSDC), in collaboration with the School of Professional and Continuing Education of the University of Hong Kong ... ( read original story ...)

HONG KONG BOC Hong Kong Holdings Ltd (2388.HK), a unit of Bank of China Ltd (3988.HK) (601988.SS), said on Tuesday it had agreed to acquire Indonesia and Cambodia businesses from its parent for about $377 million, as parts of its push into Southeast Asia. ( read original story ...)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for ... ( read original story ...)

BOC Hong Kong (Holdings) Limited ("BOC Hong Kong (Holdings)") today announces that Bank of China (Hong Kong) ("BOCHK") has entered into the Acquisition Agreements with Bank of China ("BOC") in relation to the acquisition of the Indonesia Business and the ... ( read original story ...)

Feb 28 BOC Hong Kong (Holdings) Ltd: * BOCHK has entered into acquisition agreements with Bank Of China * Agreement in relation to acquisition of Indonesia business and Cambodia business respectively, as part of restructuring exercise of group * Deal for ... ( read original story ...)

A new report from Morgan Stanley forecasted more rises for CCB, BOC, Agricultural Bank of China, China Merchants Bank, and Chongqing Rural Commercial Bank in the next two months. Hong Kong shares are rising together with their mainland and US peers. ( read original story ...)

The HSBC Try Rugby programme represents a seismic shift not only for rugby sevens in Hong Kong but also for children here in general, says Hong Kong Rugby Union chairman Pieter Schats. HSBC, the HKRU and the Education University of Hong Kong are teaming up ... ( read original story ...)

Finance chief Paul Chan Mo-po has insisted his official residence in Shouson Hill was in need of renovations following reports he spent millions of taxpayer-funded dollars on revamping the property. Reports emerged on Friday that Chan, who took over the ... ( read original story ...)

HONG KONG (Reuters Breakingviews) - China may have another way to get around IPO reform: luring tech unicorns with easier listings. The securities watchdog is mulling faster IPO approvals for big tech names. Letting Jack Ma's Ant Financial, last valued at ... ( read original story ...)

Last year, Barclays agreed to sell its wealth and investment management business in Hong Kong and Singapore to a unit of Singapore’s Oversea-Chinese Banking Corp (OCBC). A crackdown on money laundering by Asia’s main private banking centres is forcing ... ( read original story ...)

The $25 billion record IPO of e-commerce giant Alibaba in New York in 2014 was a high-profile loss for mainland China and Hong Kong, where the company initially intended to list. More recently, however, some Chinese companies have opted to quit New York ... ( read original story ...)

HONG KONG - London-based bank HSBC reported Tuesday that its annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery. ( read original story ...)

The regulator will likely speak to the IPO sponsors and interview significant buyers of GME stock and look into their background and source of funds, Neoh added. Run-ups such as GME’s highlight quirks in Hong Kong’s market for small-caps, where wild ... ( read original story ...)

Financial Secretary Paul Chan Mo-po on Wednesday announced a new policy unit would be established in an effort to review Hong Kong’s tax regime and narrow the city’s tax base. In handing down the 2017-18 budget, Chan revealed his plan to widen the ... ( read original story ...)