In credit risk you can expect a 15% to 20% pay rise if you move to a new bank. “Credit risk has seen a steady flow of openings throughout the year in Hong Kong,” says Leung. “But it’s still an employer-driven job market. Banks are willing to take ... ( read original story ...)
China’s Ant brings in CK Hutchison as Hong Kong payments partner
BEIJING (Reuters) - Ant Financial, the payment affiliate of Alibaba Group Holding Ltd, said it will create a joint venture this year with CK Hutchison Holdings Ltd to operate its payment app in Hong Kong, ending Ant’s solo management of the service. ( read original story ...)
BOC centenary banknotes not expected to create buying frenzy
BOC said that all profits will be donated to a local charity after deducting costs. Citizens aged 18 or above with a valid Hong Kong ID may register for the commemorative banknotes through the BOC website or at its branches between Sept. 28 and Oct. 18 ... ( read original story ...)
KPMG sees Hong Kong IPO proceeds to reach up to $19.3b in 2017
HONG KONG — IPO proceeds of China's Hong Kong Special Administrative Region are expected to reach up to HK$150 billion (about $19.3 billion) in 2017, with listings from technology, media, and telecom (TMT) sectors on the rise, KPMG said here Monday. ( read original story ...)
A-share IPO proceeds to hit $35b in 2017: KPMG
In addition, there were a total of 106 IPOs in Hong Kong in the first three quarters of 2017, an increase of 56 percent from the 68 deals recorded over the same period in 2016, while total proceeds were HK$85 billion, 37 percent lower than the year-on-year ... ( read original story ...)
KPMG sees Hong Kong IPO proceeds to reach up to $19.3 bln in 2017
IPO proceeds of China's Hong Kong Special Administrative Region are expected to reach up to 150 billion HK dollars (about 19.3 billion U.S. dollars) in 2017, with listings from technology, media, and telecom (TMT) sectors on the rise, KPMG said here Monday. ( read original story ...)
BOCHK issues centenary commemorative banknotes
HONG KONG — Bank of China (Hong Kong) Limited (BOCHK) on Monday announced to issue commemorative banknotes in celebration of the centenary of Bank of China's (BOC) service to Hong Kong. The banknotes will be available for subscription from Thursday to ... ( read original story ...)
BOC goes pretty on banknote sets
We all know Beijing hates speculation, so it comes as no surprise at all that Bank of China (Hong Kong) will be issuing more than five million centenary commemorative HK$100 banknotes.That is the largest number of limited- edition banknotes it has issued. ( read original story ...)
Bank of China (Hong Kong) issues centenary commemorative banknotes
HONG KONG, Sept. 25 (Xinhua) -- Bank of China (Hong Kong) Limited (BOCHK) on Monday announced to issue commemorative banknotes in celebration of the centenary of Bank of China's (BOC) service to Hong Kong. The banknotes will be available for subscription ... ( read original story ...)
Yuzhou Properties : Announcements and Notices – Issuance of US$300 Million Senior Perpetual Securities
Hong Kong Exchanges and Clearing Limited and The Stock Exchange ... The Board is pleased to announce that on 25 September 2017, the Company entered into the Purchase Agreement with BOC International, Citi, Credit Suisse, HSBC, Huatai, Industrial Bank ... ( read original story ...)
Political Uncertainty Dominates Currency Moves
Bank of Canada (BoC) Governor Poloz appears on Wednesday ... Down-under, Australia’s S&P/ASX 200 Index ended unchanged, while South Korea’s Kospi index slid -0.4%. In Hong Kong, the Hang Seng Index fell -1.4%, pressured by Chinese property developers ... ( read original story ...)
“THINK ASIA, THINK HONG KONG”INSPIRES LONDON AUDIENCE ASIA OPPORTUNITIES, TECHNOLOGY AND BELT AND ROAD COLLABORATION SPOTLIGHTED
Laura Cha, Chairman, Financial Services Development Council, Hong Kong, explained that “financing demand is where the Hong Kong advantage comes in – it is the primary market for Chinese companies to access capital”. Tapping the Chinese mainland and ... ( read original story ...)
Hong Kong ‘falling behind’ in race to build up automated financial adviser platforms
Operators of automated, algorithm-driven financial planning services, or so-called robo-advisers, in Hong Kong need to significantly step up their game if they are to compete with Chinese and US institutions, according to Freeman Tsang, head of China and ... ( read original story ...)
Hong Kong poised to be toppled from top of global IPO league table for first time in two years
Hong Kong is poised to lose its crown as the world’s top market for initial public offerings this year after seeing the value of deals plummet 77 per cent in the third quarter in the absence of blockbuster listings. During the period, US$2.69 billion ... ( read original story ...)