High street banking gets even more profitable in Hong Kong

“Hang Seng Bank’s net interest margin and fees trajectory are quite predictable and should show very strong earnings in the fourth quarter. Bank of China Hong Kong, on the other hand, has much more NIM [net interest margin] volatility (given aggressive ... ( read original story ...)

Financials lead Hong Kong shares higher ahead of holidays

HONG KONG (Nikkei Markets) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The yield on 10-year U.S. government bonds traded near a nine-month high after the House of ... ( read original story ...)

Huabang Financial : Fin to buy Kowloon Bay property at HK$220m

11-14 on 3rd Floor, Enterprise Square Three, Kowloon Bay, Hong Kong at about HK$219.8 million ... the Group's income base and maximise return to shareholders. 04:14p HUABANG FINANCIAL: Fin to buy Kowloon Bay property at HK$220m 11/22 HUABANG FINANCIAL ... ( read original story ...)

Hong Kong stocks fall slightly as financials, IT drag

Dec 20 (Reuters) - Hong Kong stocks dipped slightly on Wednesday as weakness in financial and IT stocks offset strength in property and utility plays . ** At close of trade, the Hang Seng index was down 19.57 points or 0.07 percent at 29,234.09. The Hang ... ( read original story ...)

Hong Kong stocks up as sentiment buoyed by US tax reform

Dec 18 (Reuters) - Hong Kong’s main Hang Seng index ended Monday firmer while China’s H ... followed by Zhuzhou CRRC Times Electric Co Ltd gaining 2.19 percent and Industrial and Commercial Bank of China Ltd up by 1.79 percent. ( read original story ...)

Saxo Bank appoints CEO, Hong Kong office

SAXO Bank has appointed Matthew Long as a new CEO of the Hong Kong office, effective December 15 2017. Long joins Saxo as an experienced senior executive with 19 years of experience in the financial industry. He has held pivotal senior roles in Macquarie ... ( read original story ...)

Hong Kong stocks shrug off Fed hike, Chinese data

The three biggest H-shares percentage decliners were Postal Savings Bank of China Co Ltd which ... at a premium of 28.66 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.33 as of the last full trading ... ( read original story ...)