Only 50 percent of Hang Seng companies are trading above their long-term averages. Below is a rundown of how today’s environment stacks up against that of 2018. Another January, another rally for Hong ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks end higher ahead of the release of preliminary economic data
Chinese and Hong Kong stocks rose on Friday ... The Shanghai Composite Index added 0.4 per cent to 2,601.72 at the close, and the Hang Seng Index climbed 1.7 per cent to 27,569.19. Both indices comple... ( read original story ...)
Boc Hong Kong (BHKLY) versus Westpac Banking (WBK) Critical Review
0.5% of Westpac Banking shares are held by institutional investors. Comparatively, 0.2% of Boc Hong Kong shares are held by institutional investors. Strong institutional ownership is an indication tha... ( read original story ...)
Private Wealth Management in Hong Kong : SURVEY 2019
Hong Kong’s sound legal and regulatory framework and its depth of wealth management, capital markets and investment banking expertise provide rich ground for the evolution of more innovative and tailo... ( read original story ...)
China movie ticketing platform Maoyan Entertainment prices HK IPO at bottom of range: term sheet
priced its Hong Kong IPO at the bottom of an indicative range on Monday, raising $250 million, according to a term sheet seen by Reuters. The pricing represents a “down round” for Tencent as it would ... ( read original story ...)
Hong Kong finance chief Paul Chan set to be grilled over pressing city issues in online chat session ahead of budget address
Hong Kong’s finance minister is set to face a barrage of questions, criticism and scepticism over the city’s housing, health and welfare policies during a live internet session on Sunday afternoon. Fi... ( read original story ...)
Redefining Banking
“The future of retail banking is about merging banking into customers’ daily lives,” she says. Even though Hong Kong is currently one of the world’s foremost financial hubs, Mrs Kan says the city will ... ( read original story ...)
Maybank Shuts Hong Kong, China Institutional Research
Malayan Banking Bhd., Malaysia’s biggest lender, is closing its Hong Kong and China institutional equity research business to focus on Southeast Asian operations. Maybank Kim Eng, the investment banki... ( read original story ...)
Malayan Banking Berhad : Maybank shuts HK, China institutional research biz, to focus on ASEAN
KUALA LUMPUR (Reuters) - The investment banking arm of Malayan Banking Bhd (Maybank), Malaysia's largest bank by assets, is closing its institutional research business in Hong Kong and China as part o... ( read original story ...)
Maybank ceases HK equities research operations
KUALA LUMPUR: Malayan Banking Bhd, Malaysia’s biggest lender, has ceased its Hong Kong equities research operations as the investment bank focuses on its core Asean market. Maybank Kim Eng said the in... ( read original story ...)
Chinese cryptocurrency exchanges seek reverse mergers in Hong Kong as IPO plans of bitcoin mining rig makers falter
The world’s biggest cryptocurrency exchanges are looking at reverse mergers in Hong Kong, as hopes dim for bitcoin mining rig makers’ plans to go public in the city. The back-door listing efforts have ... ( read original story ...)
China Overseas Land borrows HK$30b
The banks include DBS Bank, Agricultural Bank of China (1288), BOC Hong Kong (2388), Bank of Communicatio... China Overseas Land and Investment (0688) raised a 5-year HK$30 billion syndicated loan fro... ( read original story ...)
Banking on a FinTech Future
ZHONG Xiangqun, Chief Operating Officer of Bank of China (Hong Kong) (BOCHK), believes we have entered a golden age of FinTech. “Recent advances in technologies such as Artificial Intelligence (AI), b... ( read original story ...)
Boc Hong Kong (BHKLY) & Westpac Banking (WBK) Head to Head Comparison
0.2% of Boc Hong Kong shares are owned by institutional investors. Comparatively, 0.5% of Westpac Banking shares are owned by institutional investors. Strong institutional ownership is an indication t... ( read original story ...)