ZhongAn Online Property and Casualty Insurance climbed as much as 18.1 per cent on the morning of its first trading day in Hong Kong, pointing to ample appetite ... of China’s biggest internet groups. The business concept is resonating with investors ... ( read original story ...)
China’s ZhongAn Online jumps 15pc in Hong Kong trading debut
Hong Kong aims to diversify its mix of constituent company listings ... rapid growth of China’s fintech industry and has expressed confidence in Zhong An’s business growth and its management team. The global telecommunications and internet company ... ( read original story ...)
China Analysts’ Cut-Throat Fight for $1 Million Paycheck
That compares with a 12 percent drop in research jobs at global investment banks tracked by McKinsey & Co. from 2011 through June ... change in careers and compensation,” said May Zhao, a Hong Kong-based analyst at Zhongtai Financial International ... ( read original story ...)
Singapore home prices have bottomed, Hong Kong ‘crazy.’
Singapore property prices have declined for 15 quarters - the longest slide since data was first published in 1975 - as the government rolled out a series of curbs. Home values have dropped 12 per cent from their 2013 peak, while Hong Kong prices reached ... ( read original story ...)
Toronto, London and these other major housing markets are in a risky bubble, UBS says
In the U.S., low mortgage rates are also helping buyers afford more homes ... UBS researchers suggest that Hong Kong, London and San Francisco are "Superstars." High net worth investors will always flock to these cities, and as long as supply doesn ... ( read original story ...)
Hong Kong dollar set for biggest monthly advance in 18 months as central bank drains funds
have added negative sentiment to Hong Kong’s equities and property markets, Lo added, on expectations that higher Hibor rates may mean more expensive mortgages. ( read original story ...)
The top-15 Masters in Finance for landing a Hong Kong banking job
The Masters in Finance (MIF) qualification is slowly gaining traction in Hong Kong, a city where mid-career banking professionals have traditionally preferred taking MBAs. But where should you study if you want a MIF that will help you boost your finance ... ( read original story ...)
Moody’s downgrades HSBC’s Hong Kong unit
Moody’s downgraded The Hongkong and Shanghai Banking Corp’s long-term issuer rating to double A three (Aa3) to double A two (Aa2). The agency said that “rises in corporate and/or household leverage in recent years in major markets for the bank ... ( read original story ...)
Blog: Operators must go all in on the latest buzz
A report by consultancy McKinsey this time in 2016 said digitisation offers ... And at Huawei’s recent Operations Transformation Forum in Hong Kong, digital transformation (as you might expect) was a major theme. Bouke Hoving, KPN’s EVP of networks ... ( read original story ...)
Taiwan Bosses Face Succession Struggle
Professor Joseph Fan of the Chinese University of Hong Kong Business School has focused his research ... International management consulting firm McKinsey & Company has also begun assisting clients with executive talent development in Taiwan. ( read original story ...)
How Private Equity in Asia Is Changing
I am located in Hong Kong. Knowledge@Wharton: You’ve been involved in identifying ... Before Morgan Stanley Investment Management, I was in management consulting with McKinsey, and before that, with Monitor. Some of the projects I worked on at McKinsey ... ( read original story ...)
The apparel sourcing caravan’s next stop: Digitization
It is also an area where many companies need a major step-up, as was made clear at McKinsey's Apparel Sourcing Roundtable held in Hong Kong in October 2016. As one executive said at the event: "Most of us in apparel sourcing are way behind - we are far ... ( read original story ...)
Alibaba’s entrepreneurs fund eyes next billion-dollar start-up in Hong Kong
Alibaba Group Holding, operator of the world’s largest online shopping platforms, wants to help foster more start-ups in Hong Kong with billion-dollar valuations, following the successful bet last year that put logistics company GoGoVan on the path to ... ( read original story ...)
Hong Kong set to see strong rebound in mainland tours for Golden Week
Tse said the volatile situation in North Korea had prompted concern about travel to countries nearby, while less negative news in official mainland media about the political situation in Hong Kong, where pro-democracy protests in 2014 paralyzed parts of ... ( read original story ...)