HONG KONG, May 27 (Reuters) - Hong Kong’s securities watchdog has fined the local unit of investment bank China Merchants Securities Co Ltd (CMS) HK$27 million ($3.4 million) for breaching its code of ... ( read original story ...)
Shanghai ends seven-day losing streak while Hang Seng Index falls on thin trading
Mainland stocks posted solid gains while Hong Kong’s Hang Seng Index finished lower on thin trading ... and China Construction Bank, down 0.64 per cent at HK$6.21. Selective Chinese financials also ... ( read original story ...)
Strategist predicts Hang Seng at 31,000 by year end
The Hang Seng Index will climb to 31,000 points at the end of this year, supported by better-than-expected corporate earnings growth, the Hongkong and Shanghai Banking ... by about 0.3 percentage ... ( read original story ...)
China East Education Seeks Up to $680 Million in Hong Kong IPO
(Bloomberg) -- China East Education Holdings Ltd., a provider of vocational training, started taking investor orders Monday for a Hong Kong initial public offering that could raise as much as $680 ... ( read original story ...)
The Race for 650 Million Virtual Bank Accounts
BOC Hong Kong (Holdings) Ltd. and Industrial & Commercial Bank of China Ltd. HSBC Holdings Plc, which has a lock on nearly 30% of the city’s deposits, hasn’t even applied.(1) HSBC may have good reason ... ( read original story ...)
Hong Kong stocks close at 3-month low as trade woes weigh
The yuan curbed some of its losses after Reuters reported the People's Bank of China will not let ... at a premium of 23.49 per cent over the Hong Kong-listed H-shares. The short and one-factor ... ( read original story ...)
Bank of East Asia CEO stepping down after 38 years
That case continues. Bank of East Asia was cut from the Hang Seng index last year after a 34-year stay in the benchmark. Shares of the lender - which was incorporated in Hong Kong in 1918 - have ... ( read original story ...)
RPT-Consumer lender Home Credit appoints banks for over $1 bln HK IPO – sources
HSBC Holdings and Morgan Stanley to lead its upcoming Hong Kong initial public offering (IPO) of at least $1 billion, three people with direct knowledge of the matter said. The Prague-based lender ... ( read original story ...)
BOC finds Hong Kong trash shipment in Misamis Oriental
ANOTHER trash shipment was discovered by the Bureau of Customs (BOC) in Misamis Oriental, environmental group Ecowaste Coalition said. This time, the shipment came from Hong Kong and was declared as ... ( read original story ...)
Palace: BOC to send back Hong Kong trash
The Philippines will send back to Hong Kong the trash shipped to Misamis Oriental early this year, Malacañang said Friday. The mixed plastic waste declared as "assorted electronic accessories" is the ... ( read original story ...)
Palace calls for vigilance amid new trash shipment from Hong Kong
The Bureau of Customs discovered over 25 tons of mixed plastic waste from Hong Kong, which were dumped in Misamis Oriental in January. The plastic wastes have been declared "assorted electronic ... ( read original story ...)
Hong Kong ‘has lost special status’, say activists turned refugees
Despite Hong Kong’s position as an international financial hub, whose freedoms are guaranteed by law, the government is increasingly unwelcoming of political dissent, critics say. Mr Wong and Mr Li ... ( read original story ...)
Mixed plastic waste from Hong Kong discovered in Misamis Oriental
The shipment from Hong Kong arrived at the Mindanao Container Terminal in Tagoloan town, Misamis Oriental in Mindanao last January and has since been abandoned. Upon inspection, the Bureau of Customs ... ( read original story ...)
Consumer lender Home Credit appoints banks for over $1 bln HK IPO – sources
HSBC Holdings and Morgan Stanley to lead its upcoming Hong Kong initial public offering (IPO) of at least $1 billion, three people with direct knowledge of the matter said. The Prague-based lender ... ( read original story ...)