The business landscape in Hong Kong remains volatile this year, where 60 percent of CEOs quote market factors as the prime inhibitor to their organisation's success. Key people risks include poor availability and selection of talent in the external labour ... ( read original story ...)
Mukesh Ambani Becomes Second Richest Man in Asia, Overtakes Hong Kong’s Li Ka-Shing
Ambani has overtaken Hong Kong realty leader Li Ka-shing as the second richest ... RIL has invested more than $31 billion in telecom business even as its revenues majorly continue to come from petrochemicals and refining businesses. However, with the ... ( read original story ...)
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 ...)
Asia’s Most Influential Seafood Event Returns to Hong Kong in September
Back for its eighth edition, Seafood Expo Asia will take place on September 5-7, 2017 at the Hong Kong Convention and Exhibition Centre. Building on last year's successful event, which attracted more than 8,800 seafood professionals from 69 countries ... ( read original story ...)
Hong Kong startup launches blockchain project designed to transform container shipping
Browse Splash 24/7 for more maritime and shipping news. [cat_name] => Tech [category_nicename] => tech [category_parent] => 54 ) ) A Hong Kong startup has launched a new blockchain initiative today that it claims could transform container shipping. ( read original story ...)
Hong Kong regulator scrutinizes private funds, discretionary accounts
Hong Kong's securities regulator has vowed to take action against private equity funds and discretionary accounts involved in "improper activities" amid increased market scrutiny by authorities and investors in the financial hub. The Hong Kong government ... ( read original story ...)
“I studied in China. But I still landed a top Hong Kong banking job”
Forget the Ivy League. I went to a Chinese university and I still landed a top banking job in Hong Kong. http://news.efinancialcareers.com/hk-en/291108/local-banks-hong-kong-jobs/ International banks in Hong Kong generally have their pick of elite graduates. ( read original story ...)
Attacks on Hong Kong’s legal aid system show breathtaking creativity and imagination
Second, under Hong Kong’s legal system, a citizen who wishes to litigate ... The amount that solicitors can earn on legal aid cases is trivial compared to what they could earn on an IPO. In addition, the small number of judicial review cases ... ( 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 ...)
Hong Kong stocks up for 7th straight month, longest stretch of gains in a decade
Hang Seng Bank, a subsidiary of HSBC, recorded a 23 per cent jump in interim profit on Monday, boosting its shares. The Hong Kong lender touched a historic high of HK$170.8 during the day, before finishing up 1.3 per cent to HK$170. On the mainland ... ( 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 ...)
Hang Seng Bank 1st Half Net Profit HK$9.84 Billion; Up 23% On Year
Hang Seng Bank, a unit of HSBC Holdings PLC (>> HSBC Holdings plc), said its net profit for the six months ended June 30 rose to 9.84 billion Hong Kong dollars (US$1.26 billion) from HK$8.01 billion a year earlier, while its net interest income rose 7.4% ... ( read original story ...)
Hong Kong’s drawndown mortgage loans in June rise 13.4 pct m/m
July 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$32 billion ($4.10 billion) in June, up 13.4 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Monday. Following is the breakdown of data from the ... ( read original story ...)
A city rat’s musings in the country: For better or worse, our fates lie in our urban centres
From quintessentially urban Hong Kong, with just under 7,000 people per square mile ... Cities have come to dominate our economies. McKinsey & Co. has estimated that 600 urban areas account for 60 per cent of the world’s gross domestic product. ( read original story ...)