The pick up in IPO business in Hong Kong is significant, given the high stakes involved. In 2017, Shanghai eclipsed Hong Kong for the first time in both the number of IPOs and the amount of capital ra... ( read original story ...)
Hong Kong’s first pure digital insurance venture, Tencent-backed Blue, to start selling policies
Hong Kong’s first purely digital insurance company will start selling policies in the city from Wednesday, looking to use its direct selling capability to offer lower prices in the crowded local marke... ( read original story ...)
Hong Kong now boasts more super-millionaires than New York
Hong Kong has officially surpassed New York City as the place with the highest concentration of super wealthy people. Hong Kong has seen a 31 per cent increase in the number of ultra-rich residents wo... ( read original story ...)
Aspect Financials Appoints New Senior Asset Manager
HONG KONG, September 11, 2018 (Newswire.com) - Aspect Financials is pleased to announce the appointment of Andrew McIntosh to Senior Asset Manager (SAM) of Aspect Financials’ Private Client Division, ... ( read original story ...)
HSBC to bolster Asia private banking headcount, double client assets
HONG KONG (Reuters) - HSBC Holdings Plc (HSBA.L) aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a bigger share of the ... ( read original story ...)
HSBC offers green rebate on loans
Companies that purchase equipment or invest in related projects which help the global transition to a low-carbon economy are eligible to apply, regardless their industry or size, said Terence Chiu, he... ( read original story ...)
Signal No 3 to be issued if Tropical Storm Barijat edges closer to Hong Kong as Super Typhoon Mangkhut looms in distance
The Hong Kong Observatory will consider issuing typhoon signal No 3 on Wednesday if Tropical Storm Barijat edges closer to the city and brings strong winds but it also warned Hongkongers to brace them... ( read original story ...)
China hotpot firm Haidilao tests investor appetite with $1 billion HK IPO
is seeking to raise up to $963 million in its Hong Kong initial public offering to fund its international expansion into markets including the UK and Canada. Zhou Zhaocheng, Haidilao’s chief strategy ... ( read original story ...)
Former Hong Kong chief executive CY Leung threatens to launch legal action in the UK against city lawmaker
Former Hong Kong leader Leung Chun-ying has threatened to launch a crowdfunding campaign to finance legal action in Britain against an opposition lawmaker from the city. His comments on Tuesday came a... ( read original story ...)
Hong Kong’s Hottest New Stock Falls Back to Earth
Most Kwai Chung Ltd., the media firm that staged Hong Kong’s best 2018 debut, has swung back to its initial offer price following a 90 percent plunge from an intraday record high. The provider of adve... ( read original story ...)
Be understanding about high-speed rail issues, Hong Kong leader Carrie Lam urges public after bumpy start to ticket sales
Hong Kong leader Carrie Lam Cheng Yuet-ngor called on the public to be more understanding about issues faced by the city’s new high-speed railway, a day after ticket sales got off to a bumpy start. Bu... ( read original story ...)
Financial Analysis: HANG SENG Bk Lt/S (HSNGY) versus HDFC Bank (HDB)
... compares HDFC Bank and HANG SENG Bk Lt/S’s net margins, return on equity and return on assets. HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in ... ( read original story ...)
Hong Kong tutor found guilty of kicking, punching and spraying student, 10, with detergent
A Hong Kong private tutor was on Tuesday found guilty of assaulting and spraying her 10-year-old student with detergent when he did not finish his homework and scored poorly in a school test. The West ... ( read original story ...)
Be understanding about high-speed rail ticketing issues, Hong Kong leader Carrie Lam urges public after rough start on opening day
Hong Kong leader Carrie Lam Cheng Yuet-ngor has called on the public to be more understanding about issues faced by the city’s new high-speed railway, a day after ticket sales got off to a bumpy start ... ( read original story ...)