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 DBS Bank (Hong Kong) Limited on phishing email, which has been reported to the ... ( read original story ...)
Taiwan to promote central bank deputy to governor
chief Greater China economist for Australia & New Zealand Banking Group in Hong Kong. “He has a good relationship with other central banks. That may be able to facilitate policy communication.” Taiwan announces huge stimulus package in face of ... ( read original story ...)
Hong Kong stocks post biggest monthly gain in nearly three years
HONG KONG (Nikkei Markets) -- Hong Kong shares capped their best monthly advance since April 2015 on Wednesday, with mainland Chinese banking and property companies driving broad gains amid strong fund inflows and upbeat global equity markets. In Wednesday ... ( read original story ...)
Hong Kong’s dim sum bond market seen bottoming out amid rising yields, strengthening yuan
A modest recovery in Hong Kong’s dim sum bond market is likely this year as yields rise to attractive levels after the deleveraging efforts by the People’s Bank of China and rapid appreciation of the yuan in recent months, say analysts. Activity could ... ( read original story ...)
Goldman veteran returns to bank in Asia after seven-year break
He rose to ED level there and then transferred to Hong Kong in 2007, staying until 2011 as an ED, according to his online profile. While Beatty is still an ED in 2018, this is not unusual in a Goldman context. The bank only makes promotions to MD every two ... ( read original story ...
Jefferies and Bank of China’s BOC International (“BOCI”) to Provide Joint Investment Banking and Capital Markets Services to Clients Globally
Headquartered in Hong Kong with offices in Beijing, Shanghai, Shenzhen, London, New York and Singapore, BOCI provides clients with a full range of investment banking products and services in both mainland China and overseas capital markets, including share ... ( read original story ...)
Hong Kong seen winning mega-IPO from Xiaomi after reforming listing rules
Hong Kong may have won its first battle to attract more technology listings by revamping its IPO rules, with Chinese smartphone giant Xiaomi seen choosing the city over New York. Xiaomi’s listing could be as much as US$16.5 billion, making it the biggest ... ( read original story ...)
Ping An’s ‘Good Doctor’ wins Hong Kong IPO approval despite losses
Ping An Healthcare and Technology, China’s largest health care and online medical platform, has been accepted by the Hong Kong stock exchange for an initial public offering (IPO), despite making hefty losses for the past two years. The company’s ... ( read original story ...)
Chinese smartphone giant Xiaomi expected to launch Hong Kong IPO in September
Xiaomi, the Chinese smartphone maker, is said to be aiming for an initial public offering (IPO) in Hong Kong in September to raise funds as it embarks on a global expansion drive. The Beijing-based company has appointed Credit Suisse, Deutsche Bank ... ( read original story ...)
Investors get ready for a surge in blockbuster China IPOs
Its biggest win and breakthrough came in 2014 when China's e-commerce giant Alibaba snubbed the Hong Kong Stock Exchange and chose to list on the big board. Alibaba's $25 billion IPO ranks as the largest in history. Typically, New York has offered higher ... ( read original story ...)
Hong Kong vs Singapore: which is your best bet for a banking job in 2018?
As hiring in Singapore and Hong Kong heats up this bonus season, we reveal which city has the most banking jobs across nine key functions. https://news.efinancialcareers.com/sg-en/306704/hiring-asian-banking-chinese-new-year/ If you’re looking for a ... ( read original story ...)
Hong Kong lender banking on finger veins being better than faces for ATM security
Bosses at Bank of China Hong Kong said on Tuesday they expected to bring finger vein identification to all of the company’s ATMs across the city, claiming the feature to be more secure than facial recognition. The bank – the first to use the new ... ( read original story ...)
Ping An Health Care Unit Files for Hong Kong IPO
Ping An Healthcare and Technology Co. Ltd. looks set to be the first of four affiliates of Ping An Insurance Group to be spun off from the insurance giant this year. The Hong Kong Stock Exchange has given the go-ahead for the separate listing, Ping An ... ( read original story ...)
Hang Seng falls the most in 6 weeks on Wall Street retreat, yield spike
The top gainers among H-shares were China Merchants Bank Co Ltd up 2.04 percent ... trading at a premium of 27.68 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 15.05 as of the last full trading ... ( read original story ...)