Tag: finance

For the Pei family, BOC Tower continues to be a significant project nearly 40 years after its completion. "The only other project that was built in Hong Kong was an office tower in Causeway Bay called Sunning Plaza - it was recently demolished," notes ... ( read original story ...)

Dec 28 (Reuters) - Hong Kong’s benchmark stock index rose for a fourth session in a row on Thursday, amid bullish sentiment in the region that pushed Asian stocks to their highest level in a month. ** At close of trade, the Hang Seng index was up 266.05 ... ( read original story ...)

Stocks in Hong Kong rallied today. The benchmark Hang Seng Index rose 0.90 percent, or 266.05 points, at 29,863.71. In mainland China, the Shanghai Composite Index climbed 0.63 percent, or 20.60 points, at 3,296.38 while the Shenzhen Composite Index added ... ( read original story ...)

Stocks in Hong Kong advanced at the open today. The blue-chip Hang Seng Index rose 0.29 percent, or 87.13 points, at 29,684.79. In mainland, the Shanghai Composite Index eased 0.11 percent to open at 3,272.29 points.... Stocks in Hong Kong advanced at the ... ( read original story ...)

After undergoing a day of training provided by PwC under the Hong Kong Community Connections programme, Martine Vanasse, Credit Suisse’s head of Asia-Pacific banking compliance, became the board secretary of Solerico. It is a Hong Kong-based NGO founded ... ( read original story ...)

Hong Kong stock exchange will face mounting competition from Shanghai and Shenzhen bourses, as speedier listing approval process and strong demand from investors expected next year will help them to extend their top rankings. In its annual IPO review and ... ( read original story ...)

This announcement is made by Huishang Bank Corporation Limited (the "Bank") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock ... ( read original story ...)

Morgan Stanley leads the rankings of Hong Kong-listed equity market underwriting this year, capturing 16.3 per cent market share with US$5.7 billion in related proceeds. Goldman Sachs and Bank of America Merrill Lynch round out the top three with 11.4 per ... ( read original story ...)

Hong Kong is preparing to launch a real-time retail payment service in September, the head of the city’s de facto central bank said. The service, officially called Faster Payment System (FPS) and currently in use in the U.K., enables real-time or near ... ( read original story ...)

This has prompted him to set up a stationery bank to collect and distribute writing tools for underprivileged children in Hong Kong. “A pencil can have a certain effect on a child’s life,” the 52-year-old founder of Bank of Stationery said. ( read original story ...)

Lacking blockbuster deals like the Postal Savings Bank of China last year, Hong Kong slipped from being the world's top listing destination for the last two years to second in Asia, and fourth globally in 2017. Although the city continued to see its IPO ... ( read original story ...)

Hong Kong’s young people are unhappy despite economic growth, mainly due to sky-high property prices and rents, Financial Secretary Paul Chan Mo-po said on Sunday. In an article posted on his blog on Christmas Eve, Chan said ever-increasing rents and ... ( read original story ...)

Hong Kong stocks rose in early trading on Friday, the last trading session before the Christmas holidays, with financials and Hong Kong real estate shares leading gains. The Hang Seng Index was ... 0.5 per cent to HK$79.95. Bank of China was also up ... ( read original story ...)

Hong Kong’s de facto central bank will work with mainland regulators to implement measures to meet rising demand for cross-border financial services and stocks and bond trading, according to its chief executive. The joint effort to facilitate cross ... ( read original story ...)