Hong Kong equities dipped to five-month low on the last trading ... as well as brokerages’ alternative investment business, the latest efforts to contain financial risks. Meanwhile, market sentiment was hurt by a tumble in coal prices, which knocked ... ( read original story ...)
From IBM To JP Morgan: Where Is The Talent Moving In Hong Kong's Job Market?
and the institution that provides the most liquidity to Hong Kong’s talent pool, it is HSBC that leads the way. Not only do they employ over 30,000 people themselves, but they are the most active contributor in terms of talent movement amongst some of ... ( read original story ...)
Hong Kong police searching for suspect seen with brown poodle in murder case
A man with a brown poodle is wanted by police over the murder of a 49-year-old man, who died after a knife attack on Thursday evening in Wong Tai Sin. Police said the victim was on his way home at about 7pm on Thursday when he ran into the man, who is in ... ( read ...
Hong Kong man accused of killing girlfriend pictured one hour before he was pulled from Tsing Yi waters
A subsequent search on social media found Lam to be her boyfriend. Acting principal magistrate Cheang Kei-hong adjourned the case to February 17 for police to conduct further investigations. ( read original story ...)
One Yuan Now Buys Just One Hong Kong Dollar — in 7-Eleven
Yuan is a way off parity on foreign exchange markets In a sign of how far confidence in China’s currency has fallen, 7-Eleven stores in Hong Kong are valuing the Chinese currency at par with the city’s dollar. Just three years ago, one yuan fetched 1 ... ( read original story ...)
China's Xi says supports efforts to curb Hong Kong independence
Meeting in Beijing's Zhongnanhai leadership compound, Xi told Hong Kong Chief Executive Leung Chun-ying that the central government fully affirms Leung's work, state news agency Xinhua said. "The central government staunchly supports the government of the ... ( read original story ...)
Hong Kong stocks end morning lower after Dow fails again to touch 20,000
Chinese insurance giant Ping An Insurance dropped 1.17 per cent to HK$38.15. Hong Kong-based Hang Seng Bank declined 1.17 per cent to HK$143.70. Li & Fung, the world’s top supplier of clothes and toys to retailers, declined 3 per cent to HK$3.52. ( read original story ...)
HSBC’s rainbow lions: Can we have our homophobia back please?
became chief executive of HSBC UK. Why has the Hong Kong branch of the bank entered, so late, the controversial area of trumpeting gay rights? Could it be to distract us from its recent role as one of the biggest sinners in the banking business? ( read original story ...)
A Goldman you've never heard of is selling its shares in Hong Kong
Hong Kong's central business district: The other Goldman, incorporated only last month, is based away from the glimmering skyscrapers in a gritty suburb on the other side of the harbour. Photo: Bloomberg The Chinese name of Goldman Sachs, which combines ... ( read original story ...)
Mainland buyers heat up HK insurance market
Chinese mainlanders spent HK$48.9 billion on insurance policies issued in Hong Kong in the first three quarters of this year, accounting for 37 percent of all premiums in that period, according to a report by the 21st Century Business Herald. ( read original story ...)
Hong Kong stocks end lower, dragged by financials
Financial stocks led Hong Kong’s main share index to a lower ... dropped 1.53 per cent to HK$38.60 while China Construction Bank finished down 1.27 per cent at HK$5.45. “We expect the Hang Seng index to remain weak before the holiday season. ( read original story ...)
Hong Kong stocks slip on weaker risk appetite, China pulled lower by banks
China stocks also fell, with strength in utility stocks offset by weak bank and property shares. The Hang Seng index dropped 0.9 per cent, to 21,625.25 points, while the Hong Kong China Enterprises Index lost 1.3 per cent, to 9,208.96 points. The CSI300 ... ( read original story ...)
Hang Seng Index Erosion Continues, Trade Concerns In Focus
Although US bond yields edged slightly lower on the day, there were still important concerns surrounding the impact of higher yields on the Hong Kong economy with further vulnerability in the property sector. The Hang Seng index opened slightly higher ... ( read original story ...)
BOC Hong Kong signs pact to sell stake in Chiyu Bank for $992 mln
SINGAPORE Dec 22 BOC Hong Kong Holdings Ltd , a unit of Bank of China Ltd, has agreed to sell a majority stake in Chiyu Bank for HK$7.7 billion ($992 million), as part of its plan to invest in new markets mainly in Southeast Asia. BOC Hong Kong plans to ... ( read original story ...