Hong Kong is set for its second heavyweight fintech flotation in less than seven months, as China’s largest online wealth management platform lines up a listing in the city in April, which experts now hope will do wonders to act as a magnet for other ... ( read original story ...)
The 10 Hong Kong banking jobs where analysts still get big pay rises
Want a quick ride up the salary ladder in Hong Kong banking? These are the best 10 jobs. https://news.efinancialcareers.com/hk-en/305287/recruiters-asia-frustrated-by-candidates/ Are you a young banking professional in Hong Kong looking to enter a job ... ( read original story ...)
Hong Kong, London, New York shortlisted for Aramco IPO
Saudi Arabia has shortlisted New York, London and Hong Kong – singly or in a combination of two or even all three – for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said. ( read original story ...)
BRIEF-Boc Hong Kong Holdings Appoints GAO YINGXIN AS VICE CHAIRMAN, CHIEF EXECUTIVE
* GAO YINGXIN RE-DESIGNATED FROM NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR, APPOINTED AS VICE CHAIRMAN, CHIEF EXECUTIVE Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
BOC Insurance Co. Ltd. ‘A-‘ Ratings Affirmed; Outlook Stable
HONG KONG (S&P Global Ratings) Jan. 11, 2018--S&P Global Ratings affirmed its 'A-' local currency long-term insurer financial strength and issuer credit ratings on BOC Insurance Co. Ltd. The outlook is stable. We affirmed the ratings because we expect the ... ( read original story ...)
Continued Support Tipped For Hong Kong Bourse
Among the actives, Kunlun Energy surged 3.55 percent, while BOC Hong Kong soared 2.51 percent, Li & Fung plummeted 2.33 percent, Lenovo Group tumbled 1.53 percent, CITIC Limited spiked 0.86 percent, China Resources Power dropped 0.71 percent, Galaxy ... ( read original story ...)
Former BOCHK figure to take risk management role
... Yue Yi was appointed to head the risk management committee of Hong Kong Exchanges and Clearing (0388) yesterday.Yue, who replaced former chairman Raymond Cheng, has just retired from BOC Hong Kong (2388) and was replaced by Gao Yingxin.Meanwhile ... ( read original story ...)
China’s Lufax plans Hong Kong IPO in April at US$60 billion valuation: sources
Lufax, one of China’s major online wealth management platforms, plans to launch an initial public offering in April in Hong Kong, which could value the firm at about US$60 billion in what could be the city’s biggest fintech flotation. The Ping An ... ( read original story ...)
We must invest in Hong Kong’s future, not dish out sweeteners, finance chief says
A huge surplus expected in Hong Kong’s budget will be invested in the long-term development of the city, with priority given to elderly care, medical services, research and creative industries, the financial secretary revealed on Saturday. Paul Chan Mo ... ( read original story ...)
Xiaomi could lead tech IPO rush in HK
The Hong Kong stock market is currently very much sought-after by technology companies, partly because of the reform of its IPO listing rules. The city’s exchange operator Hong Kong Exchanges and Clearing proposed two chapters of new existing listing ... ( read original story ...)
REPORT: Hong Kong, London, and New York have been shortlisted for Saudi Aramco’s $2 trillion IPO
Saudi Arabia has shortlisted New York, London and Hong Kong — singly or in a combination of two or even all three — for the international listing of state oil company Aramco. Riyadh could raise as much as $100 billion in the sale of up to 5% of Aramco. ( read original story ...)
Optimism over economic outlook for 2018 surges among Hong Kong’s finance professionals
Finance professionals in Hong Kong are six times more optimistic about the city’s economic outlook in 2018 compared to last year, thanks to economic growth in mainland China, a firm US economy, low interest rates and a government plan to ease tax burdens ... ( read original story ...)
BOC Hong Kong : Alternate Collection Arrangement of Bank of China (Hong Kong) Centenary Commemorative Banknote
Bank of China (Hong Kong) (the "Bank") will arrange alternate collection from 18 to 31 January 2018 (the "alternate collection period") for successful applicants who have not yet collected the Bank of China (Hong Kong) Centenary Commemorative Banknote (the ... ( read original story ...)
Hong Kong’s Hang Seng rises for 14th day to record closing high
Jan 12 (Reuters) - Hong Kong's Hang Seng Index ended trading at a record high on Friday, after rising for 14 consecutive days in the longest ever winning streak that reflects sustained investor optimism even after a bumper 2017. ** Market sentiment was ... ( read original story ...)