HONG KONG (Reuters) - Hong Kong’s Foreign Correspondents’ Club resisted pressure from Chinese officials to cancel an event with an independence activist, provoking rebuke from the pro-Beijing establis... ( read original story ...)
Top-5 Countries to Setup Fintech & Blockchain Startups
In general, Germany has a well-developed financial regulation (though not an easy one), an advanced approach in regulation towards crypto, a welcoming banking sector, and a highly developed startup ec... ( read original story ...)
Hong Kong homebuyers’ first mortgage rate increase in 12 years may come as early as September
Hong Kong banks may increase lending rates for the first time in 12 years as early as September, meaning bad news for the city’s home mortgage borrowers and credit card holders as well as for companie... ( read original story ...)
Hong Kong Defies Market Slump With Record Summer IPO Haul
Hong Kong IPO bankers aren’t getting much of a break this summer. The city’s market for initial public offerings is in the middle of its biggest summer on record, despite a slumping benchmark stock in... ( read original story ...)
Bluestein R H & Company Upped Newell Brands (NWL) Stake By $990,000; BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (BNKHF) SI Decreased By 22.82%
Bluestein R H & Company increased Newell Brands Inc (NWL) stake by 396% reported in 2018Q1 SEC filing. Bluestein R H & Company acquired 39,600 shares as Newell Brands Inc (NWL)’s stock declined 9.20%. ... ( read original story ...)
Rising costs and U.S. settlement crimp HSBC’s first-half profit
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement ... ( read original story ...)
Journalists in Hong Kong defy gov’t request to cancel speech
HONG KONG – A journalists' association in Hong Kong says it will defy the Chinese government and follow through with a planned speech by a pro-independence activist that has become a mounting politica... ( read original story ...)
Japan’s Universal says former chairman Okada arrested in Hong Kong
He was also ousted as a director of Hong Kong investment company Okada Holdings ... Universal shares closed 5.6 percent lower after the news, which was released minutes before the market closed. The b... ( read original story ...)
HSBC posts small rise in first-half profit, as expenses, U.S. settlement weigh
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million provision a... ( read original story ...)
Hang Seng Bank beats expectations to report 29 per cent increase in interim profit
Hang Seng Bank, a subsidiary of HSBC, Hong Kong’s largest bank, on Monday reported a better than expected increase in net profit for the first half of 2018, which rose by 29 per cent thanks to higher ... ( read original story ...)
China Urges Hong Kong Journalist Club to Cancel Activist Speech
Hong Kong’s top foreign journalists’ club has found itself at the center of a battle over Beijing’s encroachment on the city’s freedoms, as Chinese officials pressed the group to cancel a speech by an ... ( read original story ...)
Hong Kong stocks can’t escape US-China trade war’s ‘very long shadow’
Hong Kong's stock market is set to welcome a pair of big new listings this week, but the overall investor mood is likely to remain cool until the United States and China stop fighting over trade. The ... ( read original story ...)
Hong Kong home prices to face deflation trend by end of year, analysts say
According to Centaline Mortgage Broker, local banks will likely lift their prime rate in September, reflecting the first increase in 12 years. Citibank has forecast that Hong Kong new home prices coul... ( read original story ...)
HSBC first-half pretax profit rises 4.6 percent, second quarter beats estimates
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy ... ( read original story ...)