Hong Kong stocks inched lower on Thursday by the midday break, weighed by financial companies. The Hang Seng Index was down 0.2 per cent, or 41.59 points, to 28,552.47 by the midday break on Thursday, while the Hang Seng China Enterprises Index fell 0.1 ... ( read original story ...)
Hong Kong stocks slide lower in early trades, weighed by financials
Hong Kong stocks traded lower on Thursday early morning, weighed by losses in financial companies. The Hang Seng Index was down 0.2 per cent, or 53.32 points, to 28,540.74 in early trading on Thursday, while the Hang Seng China Enterprises Index fell 0.2 ... ( read original story ...)
Here’s how to get into Bank of China in Hong Kong
To find out, we looked at online profiles of current BoC employees to see how many of them attended leading universities in Hong Kong, China and globally. We then ranked the 15 most popular of these universities among the firm’s Hong Kong-based workforce ... ( read original story ...)
Tencent Unit’s Hong Kong IPO Draws a Crowd
The tech-stock ardor sweeping the world has reached Hong Kong, judging by the response to China Literature Ltd.'s initial public offering. Continue Reading Below Orders for the IPO of the Tencent Holdings Ltd. unit, expected to raise $1.1 billion next week ... ( read original story ...)
World Bank ranks Hong Kong No 5 on list of easiest places in the world to do business
Hong Kong slipped one place to fifth in the World Bank’s ranking of the easiest places to do business on Wednesday, prompting a government spokesman to say officials were working to strengthen legislation to improve the score. For the second straight ... ( read original story ...)
Tencent’s Red-Hot E-Book IPO Sets Stage for Music Arm Debut
China Literature Ltd., the online reading unit helping Tencent Holdings Ltd. build an entertainment empire, raised $1.1 billion alongside existing investors in its Hong Kong initial public offering, according to people with knowledge of the matter. ( read original story ...)
Hong Kong’s No Home for Orphans
For example, mainland buyers via the stock connect account for almost 5 percent of the shareholder base of HSBC Holdings Plc, the Hong Kong-founded bank that's now headquartered in London. The rest needn't bother. The city's stock market may be five ... ( read original story ...)
Hong Kong vows to further improve business environment after World Bank’s annual ranking
HONG KONG, Nov. 1 (Xinhua) -- The government of China's Hong Kong Special Administrative Region (HKSAR) vowed on Wednesday to further improve its business environment, after a World Bank annual report re-affirmed Hong Kong's position as one of the world's ... ( read original story ...)
HK 5th in World Bank report
Hong Kong has been ranked fifth in the world's easiest places to do business, reaffirming the Government's incessant efforts in business facilitation. The Government made the statement today after the World Bank's Doing Business 2018 report was released ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Games Win Puts Focus on Banks’ Push for Gay Rights in Hong Kong
Because of the lack of legal status, some employees have refused to move to Hong Kong, according to an executive at a global bank who asked not to be identified because of the political sensitivity of the issue. But instead of easing rules, the Hong Kong ... ( read original story ...)
Hong Kong stocks slide to pare monthly gain as slowing manufacturing stokes bad loan concern
Hong Kong stocks fell for a second day, trimming a monthly advance, on mounting concern that bad loans at Chinese banks will increase after Bank of China reported worse-than-expected earnings growth and official data showed China’s manufacturing ... ( read original story ...)
Bank of China Slumps as Lender Lags Peers in Taming Bad Loans
Bank of China Ltd. shares slumped the most in almost four months in Hong Kong after the lender failed to report the same improvements in asset quality as its rivals. The stock lost 3.2 percent to HK$3.90 as of 11:16 a.m. local time, paring its rally this ... ( read original story ...)
Banking on the best
The need for experts in asset management and private banking has prompted the opening of a new course at the University of Hong Kong. The bachelor of finance program is the first of its kind in Asia.Program coordinator and admissions tutor Anna Wong Wai ... ( read original story ...)