Meanwhile, Japan’s Topix bank subindex was up 1.3%. The U.S. rate outlook is important for Asian financial companies as their margins have been under pressure in the current low-rate environment. Meanwhile, Hong Kong’s Hang Seng Index HSI, +0.39% ... ( read original story ...)
City’s financial press fails to deliver the expected value
When the market is good, every media boss in Hong Kong is thinking of expanding financial coverage. It's really the cheapest and least demanding thing to do for a television station or a newspaper. And so, every morning, most of the television channels ... ( read original story ...)
Pro-Beijing lawmakers move to end filibustering in Legco’s Finance Committee
The days of using long-winded debates to block Hong Kong government funding requests could soon be over as the Legislative Council’s pro-establishment camp is close to finalising a plan to restrict filibustering in its finance committee. The delaying ... ( read original story ...)
Hong Kong’s Hang Seng index hits post-financial crisis high
Hong Kong’s Hang Seng index hit its highest point since the global financial crisis on Friday, bolstered by a continued rally in Chinese corporates. From November 2007 to late 2008 the market lost about two-thirds of its value. Since bottoming out in ... ( read original story ...)
ZhongAn Insurance Starts Trading on the Hong Kong Stock Exchange
The leading Chinese online insurance company, ZhongAn Online Property & Casualty Insurance Co, started trading on the Hong Kong stock exchange earlier today. Its shares jumped to as high as HK$70.50 in early morning trading, compared with the HK$59.70 IPO ... ( read original story ...)
Hong Kong Stock Market Draws Firm Lead
Among the actives, Industrial and Commercial Bank of China surged 7.93 percent, while Ping An Insurance soared 3.92 percent, China Life spiked 2.15 percent, BOC Hong Kong climbed 1.98 percent, New World Development jumped 1.96 percent, China Mengniu Dairy ... ( read original story ...)
Ince all-in on Greater China
"This has been specifically set up to serve our clients in this area," said Lau, adding that she is particularly well-suited for the role because in her years in Hong Kong, she has served ... The Chinese banks such as ICBC, BOC, Bank of Communications ... ( read original story ...)
Saudi Aramco IPO on track for 2018: officials
New York, London and Hong Kong are the main contenders. Nasser said the Saudi government would decide on the listing venue and that there were no current talks with Russian companies on them taking part in the IPO. Both Falih and Nasser are part of an ... ( read original story ...)
Saudi Aramco IPO on track for 2018, say officials
New York, London and Hong Kong are the main contenders. Nasser said the Saudi government would decide on the listing venue and that there were no current talks with Russian companies on them taking part in the IPO. Both Falih and Nasser are part of an ... ( read original story ...)
ADVISORY-Hong Kong financial markets closed for holiday, reopen Friday
Oct 5 (Reuters) - Hong Kong’s financial markets will be closed on Thursday for a holiday. Markets will resume trading on Friday, Oct. 6. For the latest Hong Kong stock report, please click Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Hong Kong Payment Market 2017-By Facilitate Decision Making on the Basis of Historic and Forecasts Data 2021
"Payments Landscape in Hong Kong: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Hong Kong cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry ... ( read original story ...)
This huge IPO shows we don’t need a ‘third board’ to attract tech stocks
Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed 9 per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from retail investors, the company had priced its ... ( read original story ...)
Hong Kong stocks rise as financials surge on China reserve ratio cut
HONG KONG, Oct 4 (Reuters) - Hong Kong stocks ended higher on Wednesday, extending gains made in the previous session with mainland automakers, banks and insurers leading the surge after the Chinese central bank’s weekend move to free up liquidity to ... ( read original story ...)
HSBC Holdings plc (Hong Kong) (0005) Is Yet to See Trading Action on Oct 4
Shares of HSBC Holdings plc (Hong Kong) (HKG:0005) closed at 77.45 yesterday. HSBC Holdings plc (Hong Kong) currently has a total float of 20.40B shares and on average sees 20.36 million shares exchange hands each day. The stock now has a 52-week low of 56 ... ( read original story ...)