Shanghai Henlius Biotech, a spin-off of Hong Kong and mainland China-listed Fosun Pharmaceutical, said it had no immediate plans of listing on Shanghai’s upcoming Technology Innovation Board, as it ... ( read original story ...)
Hong Kong Banks Are on an Unusual Hiring Spree
Hong Kong’s banking sector, one of the most staid areas of its financial industry, is seeing an unusual spurt of recruitment as newly licensed virtual banks race to snap up talent. Four ventures that ... ( read original story ...)
Hong Kong economy experienced minor growth in first quarter of 2019, financial secretary says
Hong Kong’s economy grew slightly in the first three months of this year despite a bad start to 2019 worldwide amid the raging US-China trade war, the city’s financial secretary said on Sunday. ... ( read original story ...)
Clifford Chance, Latham & Watkins on Chinese Brokerage’s $1.2B Hong Kong IPO
Clifford Chance and Latham & Watkins had lead roles on Beijing-based securities brokerage house Shenwan Hongyuan Group Co. Ltd.’s $1.16 billion initial public offering in Hong Kong—the biggest listing ... ( read original story ...)
HSBC Preps Cost Cuts as CEO Flint Scolds Senior Bankers
HSBC Holdings Plc has started a cost review that could lead to job cuts, as Chief Executive Officer John Flint rebuked top managers at a meeting in Hong Kong last month for missing revenue and cost ... ( read original story ...)
Shenwan Hongyuan falls flat in its Hong Kong trading debut as investors are lukewarm about Asia’s largest IPO so far this year
Flooding and mudslides kill at least 60 in South Africa Japan’s reluctant princess enters the limelight: Meet empress Masako Hong Kong’s biggest initial public offering (IPO) of 2019 kicked off with a ... ( read original story ...)
What Do Analysts Think About The Future Of Hang Seng Bank Limited’s (HKG:11)?
In December 2018, Hang Seng Bank Limited (HKG:11) released its earnings update. Generally, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 5.4% in the ... ( read original story ...)
Hong Kong stocks fall to three-week low on Chinese central bank’s broader policy easing shift concerns
Hong Kong’s benchmark index on Wednesday closed at its lowest level in three weeks on concerns about the Chinese central bank shifting away from broader easing measures to support the economy. Losses ... ( read original story ...)
Hong Kong Regulators Warn Banks Over Complex Lending Risks
(Bloomberg) -- Hong Kong’s financial regulators warned banks against complex lending transactions, highlighting a case at an unnamed Chinese bank as authorities in the city increase their scrutiny of ... ( read original story ...)
What you need to know about salaries and bonuses at HSBC in Hong Kong
How much will your salary and bonus be if you take a job at HSBC in Hong Kong? To find out, we analysed HSBC employee data from Glassdoor to produce the table below, which shows average HSBC base ... ( read original story ...)
Escape SG and HK. Here’s how to land a banking job that covers all of Asia
If you want to get ahead in banking in Hong Kong or Singapore, you won’t want to get stuck covering the relatively small local markets in the two cities. You will instead want to land a banking ... ( read original story ...)
Hong Kong still attractive for bankers despite high living costs, senior headhunter says
An investment banking vice-president in Hong Kong with seven or more years of experience received an annual base salary ranging from HK$1.8 million (US$229,000) to HK$2.4 million (US$306,000), plus a ... ( read original story ...)
A year after Hong Kong’s stock listing overhaul, city’s aim to be Asia’s biotech hub is still a work in progress
That is six and a half times more than the amount raised from biotech IPOs in the corresponding period a year earlier, according to data from Refinitiv. In terms of funds raised, Hong Kong’s main ... ( read original story ...)
Hong Kong brokerage CLSA names new chief after defections
CLSA has appointed Richard Gould as its new chief executive after the Hong Kong-based brokerage lost several senior ... Securities and was once a bureaucrat with China’s Ministry of Finance. Mr Slone ... ( read original story ...)