Tag: ipo

A group of six banks and a global auditing firm have completed a new blockchain trade finance test focused on the Hong Kong market. Revealed today, the group includes participation from the Hong Kong Monetary Authority (the region's de facto central bank ... ( read original story ...)

HONG KONG BOC Aviation Ltd said on Friday it bought two Boeing 747-8 freighter aircraft for an aggregate list price of $758.2 million, as the aircraft lessor aims to build its balance sheet by investing in modern and in-demand aircraft. BOC Aviation said ... ( read original story ...)

The Hang Seng Index slipped amid fluctuating trade ... a 0.4 per cent rise in profit to 278.2 billion yuan after the Hong Kong market closed on Thursday. Another heavyweight Chinese lender Bank of Communications slipped 0.5 per cent to close at HK$6.06. ( read original story ...)

SHANGHAI, March 30 (Reuters) - Hong Kong stocks fell on Thursday, weighed by financials and index heavyweight Tencent, with weakness in mainland stocks also hurting sentiment. The benchmark Hang Seng index dropped 0.4 percent to 24,301.09 points, while the ... ( read original story ...)

Hong Kong stocks closed flat on Wednesday while mainland China shares extended their losing streak for the third day. The Hang Seng Index edged up 0.2 per ... and 1.6 per cent respectively. Agricultural Bank of China and Bank of Communications closed ... ( read original story ...)

Hong Kong stocks erased opening gains and edged lower in Thursday’s early trading, after US markets closed mixed overnight in the wake of hawkish comments from Federal Reserve speakers. The Hang Seng Index ... car maker Tesla. Bank of China dropped ... ( read original story ...)

Employment opportunities at Hong Kong’s top five banks—Bank of China, Bank of East Asia, Hang Seng Bank, HSBC, and Standard Chartered—surged 43% over the past year, according to recruiters. The de facto ‘big five’ banks collectively advertised ... ( read original story ...)

Hong Kong stocks seesawed in early trading but ended lower on Monday ... to overturn his predecessor’s signature health care policy known as Obamacare. The Hang Seng Index closed 0.7 per cent lower to 24,193.7 on Monday. Last week, the index added ... ( read original story ...)

HONG KONG About 11 Hong Kong-based bankers from Standard Chartered Plc's (STAN.L) (2888.HK) private banking unit, including one managing director, are leaving the bank, a spokeswoman for the lender said on Tuesday. Teresa Lee, managing director of Standard ... ( read original story ...)

HONG KONG: HSBC laid off 120 staff in its technology department in Hong Kong on Monday, part of the bank’s ongoing programme for reducing its global headcount by 25,000 and slash costs. Employees of the bank’s IT department were told that they were ... ( read original story ...)

SINGAPORE Hong Kong-listed aircraft lessor BOC Aviation Ltd (2588.HK) reported a 22 percent jump to record full-year net profit on Monday, supported by growth in global air travel, and signalled an upbeat industry outlook. As airlines increasingly opt to ... ( read original story ...)

If you are tired of remembering, or worse still have forgotten your password, here is something you can bank on – your own voice, as more lenders launch voice biometric identity verification for phone banking. Citibank already has one million customers ... ( read original story ...)

Hong Kong is hoping its professional and financial services will get a big boost when it becomes a member of a Beijing-backed bank created to finance infrastructure across Asia. The Asian Infrastructure ­Investment Bank’s (AIIB) board announced on ... ( read original story ...)

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 ...)