HONG KONG A small electoral college chooses a new Hong Kong leader on Sunday amid accusations of meddling by Beijing, denying the Chinese-ruled financial hub a more populist leader perhaps better suited to defuse political tension. The vast majority of the ... ( read original story ...)
Fitch: Small Hong Kong Banks' Insurance Business Sale Rating Neutral
(The following statement was released by the rating agency) HONG KONG, March 24 (Fitch) Fitch Ratings does not believe the disposal of stakes in Hong Kong Life Insurance Limited (not rated) by OCBC Wing Hang Bank Ltd (WHB; A+/Stable/a-), Shanghai ... ( read original story ...)
Dead replica dictators draw Hong Kong art crowds
A "breathing" Fidel Castro is among several ex-communist leaders gathered in Hong Kong this week -- one of the world's centres of capitalism -- as part of a cheeky exhibition at Art Basel. Lifelike replicas of Mao Zedong, Vladimir Lenin, Kim Il-Sung ... ( read original story ...)
Photo gallery: New Hong Kong leader, as anointed by Beijing
HONG KONG (AP) - On Sunday morning, a select group of tycoons, business leaders, politicians and trade and industry group representatives will gather in a cavernous exhibition center to vote for the next leader of Hong Kong. Three candidates are on the ... ( read original story ...)
Hong Kong stocks end the week flat, mainland higher on gains in infrastructure, shipping sectors
Hong Kong’s stock market recovered from earlier losses to end ... hurt by doubts over US President Donald Trump’s ability to implement his pro-business policies after Congress delayed a crucial vote on the new health care legislation. ( read original story ...)
Speech by Acting CE at Hong Kong-Japan and Japan-Hong Kong Business Co-operation Committees 36th Plenary Session luncheon
Chairman Cha (Chairman of the Hong Kong-Japan Business Co-operation Committee, Mr Victor Cha), Chairman Nagayasu (Chairman of the Japan-Hong Kong Business Co-operation Committee, Mr Katsunori Nagayasu), distinguished guests, ladies and gentlemen, Good ... ( read original story ...)
Hong Kong likely to choose Beijing's pick for leader amid economic malaise
Former finance chief John Tsang, more popular with the densely populated city's 7.3 million people, is expected to get around a quarter of the vote. An evening rally for Tsang on Friday drew thousands who thronged the sidewalks of Hong Kong's central ... ( read original story ...)
BRIEF-Hong Kong Finance Group says unit as lender entered into loan agreements
* Loan agreements were entered into between HK Finance, a unit of company as lender, and customer a, customer b and customer c * HK Finance granted four secured loans in aggregate principal amount of hk$70.0 million to borrowers for a term of three months ... ( read original story ...)
Hong Kong's Pro-Democracy Activists Remain Defiant Ahead of Election Under China's Influence
On Sunday, Hong Kong will elect its new chief executive in the first election since the 2014 pro-democracy protests. Yet there’s little mystery as to who will succeed CY Leung, the man who has held the role since 2012. Fifty-nine-year-old Carrie Lam is ... ( read original story ...)
BOC Hong Kong : The Effective Date of the Share Transfer of Chiyu Bank
BOC Hong Kong (Holdings) Limited (stock code "2388") and Bank of China Limited (stock code "3988" and "4601" (Preference Shares)) today jointly announced that the disposal of approximately 70.49% interests in Chiyu Banking Corporation Limited ("Chiyu Bank ... ( read original story ...)
Exclusive: HSBC to boost China staff by up to 1,000 in 2017, mostly in Pearl River Delta
HONG KONG HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China. ( read original story ...)
Learning as a strategic necessity: Entering a global property market during a domestic boom
In addition to its operations in more than 60 Chinese cities, Vanke also does business in Hong Kong, London, New York, San Francisco, and Singapore. In this interview with Guangyu Li, a senior partner in McKinsey’s Shanghai office, Zhang Xu explains ... ( read original story ...)
Collector's Eye: Alan Lau
Hong Kong-born Alan Lau started collecting contemporary art more than ten years ago. A former investment banking analyst at Citibank and senior partner at McKinsey, Lau now works for the Chinese internet company Tencent. Perhaps not surprisingly ... ( read original story ...)
The digital reinvention of an Asian bank
McKinsey senior partner Joydeep Sengupta recently sat down ... At the same time, even in our core markets, like Singapore and Hong Kong, we have to have an appropriate defensive play. We have large market shares, but we’re as vulnerable to attackers ... ( read original story ...)