HONG KONG (Nikkei Markets) -- ZhongAn Online P&C Insurance jumped as much as 18% on its stock exchange debut on Thursday, as investors bet on the prospects of China's largest online insurer backed by marquee investors including billionaire Jack Ma. ( read original story ...)
HSBC : Fed says fined HSBC $175 million for ‘unsafe’ forex trades
02:36p HSBC: Publication of base prospectus supplement - Announcement made to the HK s.. 02:26p HSBC: Publication of base prospectus supplement (1-page PDF 65KB) 01:31p HSBC: Retirement of Chairman – overseas regulatory announcement (1-page P.. ( read original story ...)
HSBC : Publication of base prospectus supplement – Announcement made to the HK stock exchange (2-page PDF 152KB)
The following base prospectus supplement has been approved by the UK Listing Authority and is available for viewing: Base Prospectus Supplement dated 28 September 2017 to the Base Prospectus dated 14 March 2017 for the Debt Issuance Programme of HSBC ... ( read original story ...)
LIVE BLOG: Fed Fines HSBC $175 Million in Forex Fallout
Hong Kong's Hang Seng and the Shanghai Composite both closed trading ... The Federal Reserve handed down a $175 million fine to HSBC Holdings PLC (HSBC) for "unsafe and unsound practices" in its foreign exchange trading business. HSBC was fined for failing ... ( read original story ...)
Hong Kong regulator’s no phoney for banking plans
The Hong Kong Monetary Authority (HKMA) has unveiled a number of initiatives as it looks to improve the region’s use of payments, APIs and innovation. In a speech delivered during the Annual Banking Conference of the Hong Kong Institute of Bankers ... ( read original story ...)
Hong Kong Economy Most at Risk of Financial Crisis: Nomura Gauge
Hong Kong is the economy most at risk of suffering a financial crisis, with China the second most vulnerable, according to the latest update of an early warning system devised by Nomura Holdings Inc. The findings don’t mean there will be a crisis. ( read original story ...)
Asia-Pacific has dominated IPOs globally this quarter
Stock exchanges in greater China saw a total of 144 companies listed in the third quarter, making up 44 percent of global IPOs, according to EY. Hong Kong saw 37 IPOs, compared with 56 on the Shanghai Stock Exchange and 51 on the Shenzhen Stock Exchange's ... ( read original story ...)
ASIA MARKETS: Hong Kong Stocks Rise On Strength In Banks, Consumer Companies
HONG KONG (Sep 29) -- Hong Kong shares advanced on Friday in thin ... Industrial & Commercial Bank of China (ICBC) added 0.9% and Bank of China (BOC) gained 0.5%, while China Mengniu Dairy advanced 4.6%, heading for its highest level in more than two ... ( read original story ...)
Hong Kong International calls food & beverage and banking tenders
HONG KONG. Hong Kong International Airport (HKIA) has called tenders for six food & beverage licences at its Terminal 1 East Hall food court. Airport Authority Hong Kong described it “a unique business opportunity for food & beverage operators in this ... ( read original story ...)
China’s Uber-Rich Prompt Haitong to Build Hong Kong Private Bank
Haitong International Securities Group Ltd., a unit of China’s second-largest brokerage, plans to add about 100 jobs in Hong Kong as it seeks to draw more of the nation’s growing ranks of multi-millionaires to its wealth management business. The firm ... ( read original story ...)
‘Smart Banking’ upgrade is a must, Norman Chan says
The upgrading of our banking system to a new and higher level of Smart Banking is not just something nice-to-have but a must, the Hong Kong Monetary Authority (HKMA) chief executive Norman Chan Tak-lam, (pictured), said, adding that banking and technology ... ( read original story ...)
Trading Scope: SuperTrend Above Price for BOC Hong Kong Holdings Ltd (BHKLY)
Neither of his two prior PPV bouts surpassed 200,000 buys, which makes the September 16 fight uncharted territory for Golovkin . It's highly likely that the rematch will take place during Cinco de Mayo week next year. ( read original story ...)
Third wheel
Shares in ZhongAn Online P&C Insurance, China’s first online-only insurer, jumped more than 18 percent in early trade in Hong Kong on Sept ... ABC International, BOC International, CICC, ICBC International, Morgan Stanley and Ping An of China Securities ... ( read original story ...)
Hit IPO undercuts the case for new Hong Kong board
HONG KONG, Sept 28 (Reuters Breakingviews ... Credit Suisse, CMB International, JP Morgan and UBS were joint sponsors and global coordinators. ABC International, BOC International, CICC, ICBC International, Morgan Stanley and Ping An of China Securities ... ( read original story ...)