“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 ...)
Table tennis outing unites Hong Kong youth and bank volunteers for a good cause
Volunteers from a Hong Kong financial services company received a warm welcome ... each led by volunteers from Hang Seng Bank. After hesitant starts, the young players steadily gained confidence, encouraged by their new adult teammates. ( 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 ...)
ASIA MARKETS: Financials Lead Hong Kong Shares Higher Ahead Of Holidays
HONG KONG (Dec 21) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The Hang Seng Index was up 0.5% to 29,378.70 by the noon break. Global financial companies listed in ... ( read original story ...)
Securities commission backs introduction of dual-class shares on Hong Kong stock exchange
Alibaba, which owns the South China Morning Post, eventually listed in New York, which allows dual-class share structures while Hong Kong has banned these since the mid-1980s. Ant Financial is an affiliate of Alibaba. The stock exchange in 2015 proposed to ... ( 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 ...)
Graft complaints in Hong Kong’s finance and insurance sectors up by 20 per cent, with 177 cases reported this year
Complaints of corruption in Hong Kong’s finance and insurance sectors rose by almost 20 per cent to 177 in the first 11 months of this year, the city’s graft buster revealed on Wednesday, even as it said that this did not point to a worsening problem. ( 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 ...)
How I.M. Pei’s Bank of China Tower changed Hong Kong’s skyline
Juan Du is an associate professor at Hong Kong University's Department of Architecture. This year of 2017 marks the 100th birthday of the renowned Chinese-American architect I.M. Pei. From museums to business headquarters, Pei has designed many notable ... ( read original story ...)
Fraudulent website related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is ... ( 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 ...)
HKMA welcomes China Development Bank’s issuance of its first Belt and Road bond in Hong Kong (with photos)
The following is issued on behalf of the Hong Kong Monetary Authority: The Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Norman Chan, visited China Development Bank (CDB) today (December 20) and met with its President, Mr Zheng Zhijie. ( 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 ...)