Yiu added that many Chinese companies listed in Hong Kong were bolstered by a rallying ... which was down 2.6 percent, Postal Savings Bank of China Co Ltd and Byd Co Ltd, both down by 1.9 percent. ( read original story ...)
Portuguese rain insurance, heroin hidden among frozen prawns, and a bank teller’s nightmare: headlines from four decades ago
The court was told Wong Shing-lun, 49, stole HK$7,928, which he had received on behalf of the firm for the sale of scrap metal. A 50-year-old man made sure the tellers at his local bank in New York wo... ( read original story ...)
How to Make a 56,823% Return With Hong Kong’s Worst Ever IPO
(Bloomberg) -- Xiaomi Corp. is a perfect example of how taking a company public can make a select number of shareholders a lot of money, even if the IPO flops. The stock lost about 30 percent in ... ( read original story ...)
Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY
The company has previously attempted to obtain an IPO listing at the Chinese New Third Board market but failed. Canaan also allowed its $400 million Hong Kong IPO application to lapse back in November ... ( read original story ...)
Hong Kong plans law making it illegal to show disrespect for Chinese national anthem
Hong Kong | Hong Kong unveiled legislation to make disrespecting ... AP The move is part of a broader crackdown on dissent that democracy advocates say is eroding the financial hub's liberal political ... ( read original story ...)
Hong Kong chief Carrie Lam says increase in age limit for elderly financial support ‘reflects reality’
Hong Kong Chief Executive Carrie Lam has defended the decision to raise the lower age limit for elderly financial support from 60 to 65, saying that the move is “reflecting reality.” On Monday, the go... ( read original story ...)
The only 10 Hong Kong finance jobs where 25-year-olds still get pay rises
Are you graduating in Hong Kong this year? Are you worried about living in the world’s most expensive city? And are you wanting to go into a finance job function in which junior salaries are ... ( read original story ...)
HSBC Jade launched to deepen relationship with high net worth clients
The Hongkong and Shanghai Banking Corporation formally launched HSBC Jade today as a new proposition targeting high net worth clients with complex investment needs and investible assets above HK$7.8 m... ( read original story ...)
UCAP Asset Management Hong Kong: An Independent, Local and Globalised Model
With this strategy, we have built the firm to 18-strong team here in Hong Kong in four years." Seeking freedom of expression Mangaraj believes bankers are attracted to his firm because of ongoing cons... ( read original story ...)
Citigroup Suspends Hong Kong Trader Amid Stocks Probe
Citigroup Inc. suspended an equities trader in Hong Kong in the past few weeks as the firm kick-starts an internal investigation into its dealings with some clients, people familiar with the matter sa... ( read original story ...)
Denied an IPO in Hong Kong, Cryptominer Manufacturer Canaan Considering New York Listing
Canaan, the second biggest maker of cryptocurrency mining hardware after Bitmain, may be bringing its bid to go public to a New York exchange after being rejected in Hong Kong, Bloomberg reports. The ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) improved market sentiment
Albeit the overall positive sentiment in most Asian markets, Chinese stocks however treaded lower minutes into trading, with the Shanghai Composite Index down 0.43% or 10.84 points to 2,522.25, while ... ( read original story ...)
Bitcoin mining rig maker Canaan shelves Hong Kong plan for US listing
Canaan Creative, China’s second biggest maker of bitcoin mining hardware, is considering listing in the United States after shelving plans for a Hong Kong initial public offering (IPO), people with kn... ( read original story ...)
Bitcoin Mining Chip Maker Canaan Considers U.S. IPO
(Bloomberg) -- Canaan Inc., China’s second-biggest maker of Bitcoin mining hardware, is considering listing in the U.S. after shelving plans for a Hong Kong initial public offering, people with knowle... ( read original story ...)