China’s securities regulator will suspend the approval of new mutual funds that are meant for investing in Hong Kong’s equity market, putting a temporary cap on southbound capital that has boosted the city’s benchmark stock index to a decade high. ( read original story ...)
China’s Shandong International Trust makes history, raising up to US$450m in Hong Kong IPO
Shandong International Trust on Monday became the first trust from China to launch an initial public offering in Hong Kong of 647 million shares to raise as much as HK$3.51 billion (US$450 million). The stock, which is being offered at an indicated price ... ( read original story ...)
Ping An Good Doctor readies $1 billion Hong Kong IPO: IFR
HONG KONG (Reuters) - China’s most popular online medical platform, Ping An Good Doctor, is working with Citigroup and JPMorgan on an initial public offering of up to $1 billion, IFR reported. The deal could launch in Hong Kong in the first half of next ... ( read original story ...)
“Junior bankers in Hong Kong are way too obsessed with joining the buy-side”
Investment banking, at Goldman and other budge bracket firms, is still the best way for graduates in Hong Kong to start and then grow their careers – so make the most of it! The hours will get better as you get promoted. As for me, I don’t have a long ... ( read original story ...
Hong Kong finance boss confesses at murder trial to killing mistress who worked as nightclub hostess
A finance company director on trial for murder cried in a Hong Kong court on Monday as he confessed to killing his mistress in a physical struggle that escalated from an emotional argument over ending their affair. But the woman’s body was never found ... ( read original story ...)
The Hongkong and Shanghai Banking Corp. Ltd. ‘AA-‘ Ratings Affirmed, Despite High Credit Growth; Outlook Stable
HONG KONG (S&P Global Ratings) Nov. 27, 2017--S&P Global Ratings today affirmed its 'AA-' long-term issuer credit rating on The Hongkong and Shanghai Banking Corp. Ltd. (HSBC Asia Pacific). The outlook is stable. At the same time, we affirmed our 'A-1 ... ( read original story ...)
Hong Kong’s Securities and Futures Commission to consider active exchange-traded funds
They are finding ways to stay true to their active investment philosophy, but leverage the ETF wrapper to access a new distribution channel,” said Chris Pigott, the head of Hong Kong ETF services at US private bank Brown Brothers Harriman. Globally ... ( read original story ...)
Ousted Hong Kong lawmakers ordered to pay hefty expense bills
"This is raw political persecution," said Law, 24, who was jailed in August on an unlawful assembly charge linked to Hong Kong's pro-democracy "Occupy" protests in 2014, but who is out on bail pending an appeal. "It's preposterous," Law added at a news ... ( read original story ...)
Review: Cathay Pacific Business Class, Singapore – Hong Kong
After visiting the new Cathay Pacific lounge in Singapore’s brand spanking new terminal 4 it was off to Hong Kong. Cathay offers 8 flights a day non-stop to Hong Kong from Singapore and they also fly daily to Bangkok. I was on their third flight of the ... ( read original story ...)
Hong Kong shares shrug off robust China industrial profits
Hong Kong shares closed lower on Monday, as investors largely shrugged off data showing profits at China's industrial firms continued to grow at a robust pace last month despite a slight cooling from a sizzling September. At close of trade, the Hang Seng ... ( read original story ...)
Cross-border pupils see less intense Hong Kong primary school competition near mainland China
Competition for a seat at Hong Kong’s primary schools located near the mainland has eased slightly this year after Shenzhen relaxed admission policies for cross-border pupils. School principals said they were receiving fewer applications from mainland ... ( read original story ...)
HONG KONG PRESS: News Headlines On Monday, November 27
An explosion killed two people and injured at least 30 others as it knocked down buildings and left streets littered with damaged cars and debris in a port city south of Shanghai, the government and news reports said. The early Sunday morning explosion ... ( read original story ...)
Hong Kong police free mainland Chinese businesswoman held by gang for HK$4 million ransom
The 54-year-old woman from Fujian province arrived in the city on Wednesday. On Friday her relatives contacted Hong Kong police to say the kidnappers had called them demanding HK$4 million for her release. After an investigation, police raided a flat in ... ( read original story ...)
Monet’s glasses sold for over $50,000 in Hong Kong
A collection of French artist Claude Monet's personal belongings, including a pair of round-rimmed wire spectacles, have fetched almost $11 million at an auction in Hong Kong, Christie's said. The dainty glasses, made from gold-coloured metal, went to an ... ( read original story ...)