Interest is growing over how Hong Kong's biggest bank, HSBC Holdings, will fare as it independently goes digital without partners from other industries. It recently announced a new financial ... ( read original story ...)
HSBC and Walmart Join Forces on Sustainable Supply Chain Finance Programme
NEW YORK & HONG KONG--(BUSINESS WIRE)--HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability ... ( read original story ...)
Hong Kong’s stock exchange posts its quietest first quarter since 2009 as blockbuster IPOs looked elsewhere to raise funds
Hong Kong’s stock exchange had the quietest first quarter in a decade, as its fundraising tally suffered from a dearth of blockbuster listings, while the US-China trade war deterred acquisitions and ... ( read original story ...)
HSBC re-launches enhanced offerings for Select customers
The Hongkong and Shanghai Banking Corporation Ltd (HSBC) in Bangladesh has recently re-launched its service—HSBC Select—to meet the changing needs of aspirational and globally connected retail banking ... ( read original story ...)
Hong Kong’s Star is Fading – Where Will Asia’s Next Financial Center Be?
Not too long ago, it was universally agreed among the traders and bankers of the world that the city-state of Hong Kong was the place to do business in Asia. Its reputation as one of the freest ... ( read original story ...)
AB InBev enrols Citi, BofAML to work on $5 billion Hong Kong IPO
Hong Kong: Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct ... ( read original story ...)
Sinotruk (Hong Kong)’s (HKG:3808) Wonderful 352% Share Price Increase Shows How Capitalism Can Build Wealth
The company reported its financial results recently; you can catch up on the latest numbers by reading our company report. Check out our latest analysis for Sinotruk (Hong Kong) While markets are ... ( read original story ...)
Anheuser-Busch InBev adds Citi, BAML to banks working on $5 billion Asian IPO: sources
The two join Morgan Stanley and JPMorgan, both of which are the sponsors, or leads, for the planned Hong Kong initial public offering (IPO) which could raise up to $5 billion for the heavily ... ( read original story ...)
Hong Kong shares inch down on global slowdown fears
Hong Kong stocks ended lower on Monday, as signs of slowing China and global economic growth offset optimism related to the Sino-U.S. trade talks and a jump in bank lending in China. ** At the close ... ( read original story ...)
Will Hang Seng Index hit the 40,000 mark this year?
Likewise, the bullish camp believes Hong Kong’s benchmark Hang Seng Index may hit 40,000 points within this ... In the meantime, the US central bank has put on hold its rate hikes and balance sheet ... ( read original story ...)
Citychamp eyes $150m debut loan through Hang Seng
Hong Kong’s Citychamp Watch & Jewellery Group has launched a debut offshore borrowing with a $150m three year facility. Hang Seng Bank was the sole mandated lead arranger and bookrunner for the ... ( read original story ...)
Hong Kong stocks fall in line with broader Asia on trade, slowdown worries
SHANGHAI, April 11 (Reuters) - Hong Kong stocks fell on Thursday, in line with broader Asia, as trade tensions between the United States and the European Union added to worries over global economic ... ( read original story ...)
Hang Seng climbs to 10-month high as Shanghai Composite posts second straight day of losses
Hong Kong’s Hang Seng Index closed at a 10-month high as bulls ended up ... ending up 0.93 per cent to HK$17.32, after Bank of America Merrill Lynch raised it to a “buy” rating citing new models and ... ( read original story ...)
Hong Kong Shares May Be Stuck In Neutral On Friday
The Hang Seng Index now rests just beneath ... Industrial and Commercial Bank of China dipped 0.51 percent, Hong Kong & China Gas eased 0.42 percent and China Petroleum and Chemical (Sinopec ... ( read original story ...)