After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... just days before Halloween may have been reassured to hear Bank of Canada governor Stephen Poloz held rates steady yesterday. ( read original story ...)
World shares drift as Europe central bank meeting looms
HONG KONG — World stock markets were drifting Thursday as uneven earnings reports and a widely awaited European Central Bank meeting gave investors reason to pause. KEEPING SCORE: European shares climbed in early trading. France’s CAC 40 rose 0.2 per ... ( read original story ...)
OCBC plans research push into rival market HK
Singapore's second-largest lender has decided that the best place to expand its research is the country's rival market Hong Kong. OCBC Bank plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by the end of the year, according to Ms ... ( read original story ...)
Working for BEA and Hang Seng: bankers in Hong Kong reveal what it’s really like
Four bankers tell us about the ups and downs of working for one of Hong Kong’s local banks. https://news.efinancialcareers.com/uk-en/295467/hang-seng-grad-hiring/ Bank of East Asia and Hang Seng Bank are among the most prolific recruiters in Hong Kong ... ( read original story ...)
Hong Kong-based Crystal International files for IPO
Hong Kong-based garment manufacturer Crystal International Group aims to raise $570 million in an initial public offering (IPO) that began on October 23. The firm has priced the offering between HK$7.3 and HK$8.8 per share, with 509.3 million shares to be ... ( read original story ...)
HSBC : Hong Kong, Singapore to link up trade finance blockchain platforms
The Hong Kong Monetary Authority (HKMA) together with banks including HSBC Holdings PLC (>> HSBC Holdings) and Standard Chartered PLC (>> Standard Chartered) tested late in 2016 the use of distributed ledger technology (DLT), also known as blockchain, to ... ( read original story ...)
Jayant Rikhye appointed HSBC India CEO, replaces Stuart Milne
Mumbai: Jayant Rikhye has been appointed as the chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC), the bank announced on Monday. He will take charge from 1 December and will be succeeding Stuart Milne. Rikhye has been ... ( read original story ...)
Jayant Rikhye appointed HSBC India CEO
HSBC on Monday said it will appoint Jayant Rikhye, as its India chief executive officer with effect from December 1, 2017. Rikhye, who will take over the reins from the incumbent Stuart Milne, is currently Hongkong and Shanghai Banking Corporation’s head ... ( read original story ...)
HSBC appoints Jayant Rikhye as CEO India
To lead the bank’s next phase of growth in the country, where he first joined the Group in 1989 The Hongkong and Shanghai Banking Corporation (HSBC) today announced the appointment of Jayant Rikhye as the chief executive officer for India. The ... ( read original story ...)
Hong Kong’s storied stock trading hall shuts up shop
In Asia, the Philippine Stock Exchange still uses live trading floors. Renovation work will begin at the Hong Kong exchange after Oct. 31, turning the trading hall into a financial services landmark for ceremonies, exhibitions, conferences and investor ... ( read original story ...)
Hong Kong, Singapore to link up trade finance blockchain platforms
HONG KONG (Reuters) - Hong Kong and Singapore’s de facto central banks unveiled plans on Wednesday to link trade finance platforms they are developing with blockchain technology, to reduce potential fraud and errors in the multi-trillion-dollar funding ... ( read original story ...)
Green investment bank must for Hong Kong to maintain status as premier financial centre: European Chamber of Commerce
Setting up a green investment bank will allow Hong Kong to enter the rapidly growing finance sector and underpin the city’s competitiveness as a global financial centre, according to the European Chamber of Commerce in Hong Kong. “The establishment of ... ( read original story ...)
Hong Kong financial chief dashes hopes for wide-ranging tax cuts for corporations
There are no plans to cut Hong Kong’s corporate taxes across the board because the government needs to reserve funds to protect the city against economic fluctuation, the city’s financial chief said on Monday. Financial Secretary Paul Chan Mo-po dashed ... ( read original story ...)
World’s largest garment maker eyes HK$4.5 billion IPO, Hong Kong’s biggest since 2015
Crystal International Group, the Hong Kong-based garment manufacturer, is looking to raise as much as HK$4.48 billion (US$570 million) in an initial public offering (IPO) on Monday, after having attracted cornerstone investors including the owners of ... ( read original story ...)