China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would keep ... slid around 1 percent to a near 14-month low. In Hong Kong, the Hang Seng Inde... ( read original story ...)
Same-Sex Visa Win in Hong Kong Pressures Other Asia Finance Hubs
A landmark Hong Kong court ruling granting visas to spouses of gay expatriate workers will help fuel LGBT groups pressuring Singapore and Japan to change their policies as the global financial hubs vi... ( read original story ...)
Where to earn $2m in Hong Kong finance by your early 30s
In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you actually get paid when you reach the senior ranks in these roles? To find out, we averaged out directo... ( read original story ...)
HSBC pays ode to tradition with latest Hong Kong campaign
Diane Chiu, head of marketing Hong Kong, Retail Banking and Wealth Management said: “We’re very proud of Hong Kong’s heritage and the traditional crafts that give us a sense of belonging to our commun... ( read original story ...)
Hong Kong Top Court Grants Visa Rights to Same-Sex Partners
Hong Kong’s top court handed down a landmark ruling that will pave the way for visas to be granted to same-sex spouses of LGBT expatriate workers in Asia’s biggest financial hub. The city’s Court of Final Appeal ruled in favor of a British lesbian ... ( read original story ...)
Hong Kong Continues Taking Regulatory Action, Hopes to Become International Blockchain Hub
Meanwhile, Hong Kong continues to nurture financial, cross-border initiatives powered by blockchain, steadily gaining a reputation for being an important international blockchain hub. Around the same time, in September 2017, the government of Hong Kong ... ( read original story ...)
These Hong Kong bankers have all left finance to work for Tencent
And the Shenzhen-headquartered firm doesn’t have to look far to find them. Hong Kong (where many China bankers and research analysts are based) is a prime source of its banking talent. Pony Ma’s expansionist company – which is valued at $580bn ... ( read original story ...)
Bank of America Shanghai Branch Named Market Maker for China Bond Connect
HONG KONG – Bank of America, N. A. Shanghai Branch (BANA Shanghai) announced today that it has been named a market maker for Bond Connect between mainland China and Hong Kong, and that it has completed its first client trade in China’s interbank bond ... ( read original story ...)
Investment banking: Can BOCI step up to the next level?
Bank of China is still a highly leverageable name, however.” BOCI worked on 10 IPOs last year, worth a total of $5.2 billion, data from Dealogic shows. Except for the $118 million Hong Kong listing of Wisdom Education International Holdings, for which ... ( read original story ...)
Veteran insider set to head Hong Kong’s finance industry advisory body
Li, 47 and a finance and banking specialist, had joined Cha to help establish ... he or she would need to promote fintech and innovation in Hong Kong. The FSDC would also need to propose more measures to enhance investor protection,” Li said. ( read original story ...)
How Hong Kong rose to become tallest city in the world
The first high-rise in the city was the Hongkong and Shanghai Banking Corporation’s Main Building which opened in 1935. At 70 metres, it was Hong Kong’s tallest building for years but by the 1970s it had outlived its usefulness as the bank needed more ... ( read original story ...)
Prudential joins digital bandwagon, set to offer paperless insurance claims in Hong Kong
Prudential’s Hong Kong arm will offer paperless insurance claims process for its clients in Hong Kong from Tuesday, joining a wave of insurers to go digital this year. The move to expand its digital platform forms part of the British insurer’s global ... ( read original story ...)
New Hongkong to Manila flights serve increasing traveler demand from Philippines
The new Hongkong Airlines daily flight service to Manila is addressing ... Manila is the business and commercial centre of the Philippines with key industries such as banking and finance, retail, transportation, tourism, and real estate. ( read original story ...)
Hong Kong: The Next Generation won’t wait for banks
TNG is directly licensed and regulated in five places: Hong Kong, Singapore, Malaysia, Indonesia and the UK. Kong says TNG has applied for a virtual bank licence in Hong Kong and the UK, which would allow it to extend loans. That would mean it can enter ... ( read original story ...)