Hong Kong finance chief Paul Chan Mo-po scaled back the usual sweeteners in this year’s budget, given projections of slower economic growth and a smaller fiscal surplus. He offered taxpayers HK$33.9 b... ( read original story ...)
Hong Kong to keep strengthening financial services industry
HONG KONG, Feb. 27 (Xinhua) -- China's Hong Kong Special Administrative Region (HKSAR) government will continue to boost the development of the financial services industry, the financial chief of the ... ( read original story ...)
Innovent Receives IFR Asia-Pacific IPO of the Year 2018 and IFR Asia Review Hong Kong Equity Issue of the Year 2018 Awards
HONG KONG, Feb. 27, 2019 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX:01801), today announced that it received the International Finance Review (IFR) Asia-Pacific IPO of the Year 2018 ... ( read original story ...)
HIGHLIGHTS-Hong Kong budget for fiscal 2019/20
The former British colony is grappling with its weakest retail sales growth in 18 months, while visitor spending has been hit by a weaker Chinese yuan which makes Hong Kong more expensive for mainland ... ( read original story ...)
Hong Kong Q4 GDP growth falls to near 3-year low
Economic growth in Hong Kong slowed to its lowest in almost three years in the final three months of 2018, the city’s finance secretary said in his annual budget, citing “mounting external pressures”. ... ( read original story ...)
HK-based Bank of East Asia 2018 profit falls 30 pct as costs rise
HONG KONG, Feb 27 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) reported on Wednesday a 30 percent drop in its 2018 profit with the previous year’s earnings inflated by divestment of some no... ( read original story ...)
Hong Kong’s ailing public hospitals to get HK$5 billion injection in Financial Secretary Paul Chan’s budget for investing in advanced equipment
Plan is part of a basket of morale-boosting measures for public health care as overburdened frontline staff have reached breaking point Many are also watching to see if budget will support a far-reach... ( read original story ...)
Hong Kong Bourse May Extend Tuesday’s Losses
BOC Hong Kong slid 0.46 percent, CITIC advanced 0.33 percent, Sands China added 0.25 percent and Hong Kong & China Gas rose 0.11 percent. The lead from Wall Street suggests mild consolidation as ... ( read original story ...)
Is Hong Kong Education (Int’l) Investments Limited (HKG:1082) A Financially Sound Company?
which I believe provides a ballpark estimate of their financial health status. View our latest analysis for Hong Kong Education (Int’l) Investments Debt funding can be cheaper than issuing new ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) HSBC Misses Key Growth Forecasts
HSBC Holdings plc and its operational results fell woefully short of analysts’ expectations and were punished with a 2.7% drop in its stock price at Hong Kong’s Hang Seng index today. Europe’s largest ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Investors are craving clarity on a number of issues that are affecting market sentiment
The Shenzhen composite also slipped 0.36 percent. Hong Kong’s Hang Seng index rose 0.66 percent. Hong Kong-listed shares of Chinese investment bank China International Capital Corpjumped 3.07 percent ... ( read original story ...)
Hang Seng Bank net rises 21pc to $24b
Hang Seng Bank's (0011 ... He added that the interest spread between the Hong Kong dollar and the greenback was as much as about 140 to 150 pips at present, indicating that once local bank balances re... ( read original story ...)
HSBC tests retail e-wallet payments in Hong Kong
In the latest development, it has now introduced PayMe for Business, which is initially available to HSBC Business Banking customers in Hong Kong. It offers a way to accept digital payments from PayMe ... ( read original story ...)
Hong Kong Shares May See Additional Support
CNOOC and Hong Kong & China Gas both lost 1.00 percent, Sands China climbed 0.64 percent, BOC Hong Kong fell 0.61 percent, Galaxy Entertainment slid 0.52 percent, CITIC added 0.17 percent and China Pe... ( read original story ...)