Big drops in land sales and stamp duty have reduced the government’s annual surplus to around HK$50 billion (US$6.4 billion) this financial year, the Hong Kong Institute of Certified Public Accountant... ( read original story ...)
The 14 worst paying jobs in Hong Kong banking in 2019
If you’re a student in Hong Kong, which is always ranked among the world’s most expensive cities, you may well be inclined toward a career in a sector as well-remunerated as banking generally is. ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) renewed US-China tensions
The Shenzhen composite fell 1.114 percent to close at 1,300.34. Meanwhile, Hong Kong’s Hang Seng index shed 0.26 percent in its final hour of trading. Overall, the bias in prices is: Upwards. Note: th... ( read original story ...)
China’s economy is slowing, and it’s taking Hong Kong’s once-booming housing market down with it
Analysts at HSBC dimmed their outlook for Hong Kong's real-estate market on Wednesday, according to a research note. Previously forecasting activity would plateau, they now estimate prices will ... ( read original story ...)
Hong Kong Exchanges and Clearing : Exchange proposes paperless plan
HONG KONG (Reuters) - Hong Kong financial regulators are proposing a paperless model for the city's securities market, a move that would enable them to potentially expedite the IPO process and remove ... ( read original story ...)
Hong Kong Stock Rally Looks in Healthy Shape One Year After Peak
Only 50 percent of Hang Seng companies are trading above their long-term averages. Below is a rundown of how today’s environment stacks up against that of 2018. Another January, another rally for Hong ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks end higher ahead of the release of preliminary economic data
Chinese and Hong Kong stocks rose on Friday ... The Shanghai Composite Index added 0.4 per cent to 2,601.72 at the close, and the Hang Seng Index climbed 1.7 per cent to 27,569.19. Both indices comple... ( read original story ...)
Boc Hong Kong (BHKLY) versus Westpac Banking (WBK) Critical Review
0.5% of Westpac Banking shares are held by institutional investors. Comparatively, 0.2% of Boc Hong Kong shares are held by institutional investors. Strong institutional ownership is an indication tha... ( read original story ...)
Private Wealth Management in Hong Kong : SURVEY 2019
Hong Kong’s sound legal and regulatory framework and its depth of wealth management, capital markets and investment banking expertise provide rich ground for the evolution of more innovative and tailo... ( read original story ...)
China movie ticketing platform Maoyan Entertainment prices HK IPO at bottom of range: term sheet
priced its Hong Kong IPO at the bottom of an indicative range on Monday, raising $250 million, according to a term sheet seen by Reuters. The pricing represents a “down round” for Tencent as it would ... ( read original story ...)
Hong Kong finance chief Paul Chan set to be grilled over pressing city issues in online chat session ahead of budget address
Hong Kong’s finance minister is set to face a barrage of questions, criticism and scepticism over the city’s housing, health and welfare policies during a live internet session on Sunday afternoon. Fi... ( read original story ...)
Redefining Banking
“The future of retail banking is about merging banking into customers’ daily lives,” she says. Even though Hong Kong is currently one of the world’s foremost financial hubs, Mrs Kan says the city will ... ( read original story ...)
Maybank Shuts Hong Kong, China Institutional Research
Malayan Banking Bhd., Malaysia’s biggest lender, is closing its Hong Kong and China institutional equity research business to focus on Southeast Asian operations. Maybank Kim Eng, the investment banki... ( read original story ...)
Malayan Banking Berhad : Maybank shuts HK, China institutional research biz, to focus on ASEAN
KUALA LUMPUR (Reuters) - The investment banking arm of Malayan Banking Bhd (Maybank), Malaysia's largest bank by assets, is closing its institutional research business in Hong Kong and China as part o... ( read original story ...)