Hutchison sells Hong Kong fixed business for HKD 14.5 billion

CK Hutchison has agreed to sell its fixed network in Hong Kong in order to focus more on mobile services. The investment group I Squared Capital will buy Hutchison Global Communications (HGC) from Hutchison Telecommunications Hong Kong Holdings (HTHKH) for ... ( read original story ...)

Unexpected rise in profit send Hang Seng Bank shares up 2.6%

HONG KONG - Hang Seng Bank, 62% held by global bank HSBC Holdings, said on Monday that its de-risking efforts in China helped shore up the company's financial position and allowed it to hand out more cash dividends. Reporting a 7% year-on-year decrease in ... ( read original story ...)

Hang Seng Bank : H1 Profit Up 23%

... Year 07/20 DJ Henderson Land Names Fung Hau Chung as CFO Effective August 1 06/15 HANG SENG BANK: Hong Kong Dollar Prime Lending Rate Remains Unchanged at 5.00% .. 06/08 DJ Hang Seng Bank Names Louisa Cheang as Vice Chairman, Chief Executive Effectiv.. ( read original story ...)

China’s Housing Market: The Iron Bubble

“There are few investments products that offer the same degree of security as real estate,” says Sam Crispin, CEO of ABP Investment Management in Hong Kong. China’s banks ... sweeping economic change,” wrote McKinsey in a 2013 report, Mapping ... ( read original story ...)