Had China or Hong Kong's economy taken a downward turn, there might have been less enthusiasm for a known quantity at the tiller. Obviously, with so much expectation baked into HSBC's shares, as well as the buyback bonanza, any incoming management team ... ( read original story ...)
Hong Kong parents splurge the most on studies
Parents in hong Kong spend more on their children's education than any other country in the world, a new study by HSBC has shown (www.hsbc.com/ news-and-insight/media-resources/ media-releases/2017/the-value-of- education-higher-and-higher). Between ... ( read original story ...)
Marriott International Launches Club Marriott — The Largest Culinary Loyalty Program in Hong Kong, Bringing Benefits That Go Beyond Dining
HONG KONG, CHINA--(Marketwired - Oct 9, 2017) - Marriott International ( NASDAQ : MAR ) has launched the new Club Marriott in Hong Kong, a leading dining loyalty program that integrates three powerful dining loyalty programs -- Club Marriott, Eat Drink ... ( read original story ...)
Nurturing Hong Kong’s Next FinTech Generation
HONG KONG, CHINA--(Marketwired - Oct 9 ... start-ups that are developing solutions across Data Analytics & Machine Learning, Commerce & Payments, Financial Technology, Marketing & Customer Experience and Security & Enterprise IT. "We were pleased to ... ( read original story ...)
Bank of China (Hong Kong) Limited celebrates centennial of service
The Bank of China (Hong Kong) Limited will issue 5 million $100 commemorative bank notes to celebrate the 100th anniversary of its “service to Hong Kong,” with three options available. Images courtesy of Bank of China (Hong Kong) Limited. Among the ... ( read original story ...)
Enhancing HK’s competitiveness
Net interest margin has also seen improvement. Pre-tax operating profits of the banking industry have grown by over 18% over the same period last year. I am happy to see that while banks in Hong Kong are making decent profits, they are at the same time ... ( read original story ...)
Hong Kong Pact on Listing Policy — WSJ
Hong Kong's unwillingness to admit such companies cost it the IPO of e-commerce giant Alibaba Group Holding Ltd., which listed in New York in 2014. Hong Kong's market has suffered several dramatic share plunges this year, often with no apparent cause. ( read original story ...)
China Mobile (Hong Kong) Ltd. (CHL) Holdings Decreased by Fmr LLC
gained 0.17 percent and BOC Hong Kong was unchanged. A group of Hong Kong football fans have booed their national anthem - which the territory shares with mainland China - during a friendly match with Laos, reported BBC. Parallel Advisors LLC now owns ... ( read original story ...)
Speech by FS at Hong Kong Association of Banks luncheon (English only) (with photo/video)
It's a pleasure to be here today. My thanks to the Hong Kong Association of Banks for giving me this welcome opportunity to speak to the institutions and the professionals who have made banking and finance one of Hong Kong's great assets. Our ticket to the ... ( read original story ...)
China’s Central Bank Could Adjust Policy Again, Goldman Sachs Says
senior China economist at Goldman in Hong Kong, wrote in a note. Unlike global peers, the People’s Bank of China doesn’t make scheduled policy rate announcements, and speeches are relatively rare. The reaction function, or how PBOC officials led by ... ( read original story ...)
Bank encourages staff to vote ‘regardless’ of position on same-sex marriage
It has nothing to do with banking,” the source alleged. Unity is CBA’s internal LGBTI community and allies network and has groups established in every Australian state, along with New York, London, Hong Kong and Auckland. The CBA website states that ... ( read original story ...)
HSBC chief ‘used codeword to tip off forex traders’
Patricia Hurtado With just four words, Mark Johnson allegedly passed a secretive signal to fellow HSBC currency traders to launch a ... in which Johnson allegedly tipped off a trader in Hong Kong. That signal eventually reached others on both sides of ... ( read original story ...)
Witnesses to horror: the Allied civilians in wartime Hong Kong who watched, helpless, as Chinese starved at hands of Japanese
Their leader was Vandeleur Grayburn, chief manager of the Hongkong and Shanghai Banking Corporation, the man regarded by some as the real ruler of pre-war Hong Kong: “the Governor’s governor”. All in all, about 100 adult enemy civilians were allowed ... ( read original story ...)
“My Watch Is Off”: HSBC Traders Used Code Words To Trigger Front-Running Trades
According to prosecutor Carol Sipperly, former HSBC currency trader Mark Johnson used just four ... in which Johnson allegedly tipped off a trader in Hong Kong. That signal eventually reached others on both sides of the Atlantic, she said. ( read original story ...)