Tag: ipo

HSBC, the largest bank in Hong Kong, will cut the management fees charged for its Mandatory Provident Fund schemes from December 1, with the fees for some constituent funds set to fall by 27 per cent. The reduction is the largest ever in terms of assets ... ( read original story ...)

chief manager of the Hongkong and Shanghai Banking Corporation for most of the period between 1876 and 1902. Nineteenth-century Far Eastern finance aside, Jackson and his ilk inadvertently played an important role in shaping 20th-century literary history ... ( read original story ...)

Jan Metzger, global co-head technology investment banking, Citi Metzger was promoted into his Hong Kong-based global role in January this year in a management shake-up of Citi’s investment bank. He joined Citi in November 2015 to run its TMT corporate ... ( read original story ...)

According to data from Hong Kong Exchanges and Clearing (HKEX), HSBC and liquor maker Kweichow Moutai have been the most heavily traded stocks, while banking, consumer and “new economy” have been the dominant sectors. The stock connect between Shanghai ... ( read original story ...)

You are currently accessing Central Banking via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our ... ( read original story ...)

Interview with Lin Jingzhen, deputy chief executive, Bank of China (Hong Kong) Q: How can Hong Kong play the role of "super-connector"? A: As an international financial, trading and shipping center, Hong Kong enjoys the unique advantages of its ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on phishing e-mail ... ( read original story ...)

Asia’s banking brain drain continues as a tech firm poaches a leading financial professional. https://news.efinancialcareers.com/hk-en/299072/hong-kong-bankers-alibaba/ It’s happened again: another senior banking professional has quit the finance ... ( read original story ...)

Huaxia Life Insurance, controlled by troubled mainland tycoon Xiao Jianhua, has increased its stake in China Minsheng Banking Corp, it said in a filing to the Hong Kong stock exchange. The insurer said it bought 130.8 million A shares of Minsheng Bank in ... ( read original story ...)

Shares of Yixin Group, China’s biggest online car retailer, had surrendered most of their early gains by Thursday’s close in Hong Kong, disappointing market watchers who had anticipated a blockbuster debut. The company, which is backed by Tencent and ... ( read original story ...)

Yixin Group, China’s largest online car retailer, has priced its highly-anticipated initial public offering at the upper end of the price range to raise a total HK$6.77 billion (US$870 million), as investors eye the rapid rise of vehicle e-commerce in ... ( read original story ...)

It also holds shares in Nanyang Commercial Bank, Chiyu Banking Corporation and BOC Credit Card (International). China Mobile Hong Kong Company is the wholly owned subsidiary of China Mobile (0941), which was incorporated in January 1997. ( read original story ...)

According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a forum appearance on Friday. Lau said that blockchain would bring "great benefits" to nations participating ... ( read original story ...)

Hong Kong can take justifiable pride in its position as one of the world’s leading centres for initial public offerings (IPOs). This not only keeps billions of dollars pumping through the system, but also buttresses the city’s claims to being the ... ( read original story ...)