Though the drama is playing out more than 9,000 kilometres away, some of Hong Kong’s biggest financial institutions are trying to avoid being caught in the middle. HSBC and Standard Chartered – two of ... ( read original story ...)
HK Financial Secretary Says No Plan to Relax Property Cooling
The Hong Kong government has no plan to ease property-cooling measures, including the stamp duty on second homes or for overseas buyers, as many residents still can’t afford to purchase homes in the c... ( read original story ...)
Chinese Production Studio Youhug Weighs Hong Kong IPO
(Bloomberg) -- Shanghai Youhug Media Co., a Chinese television drama studio, is planning an initial public offering that could raise at least $100 million, according to people with knowledge of ... ( read original story ...)
Online brokerage Futu may be first big Chinese IPO of 2019: 5 things to know
Futu Holdings Ltd., a Hong Kong-based, online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., is expected to be one of the first big Asian initial public offerings of 2019. T... ( read original story ...)
How Should Investors Feel About Hongkong Chinese Limited’s (HKG:655) CEO Pay?
John Lee has been the CEO of Hongkong Chinese Limited (HKG:655) since 2011. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. ( read original story ...)
Hong Kong plans to build islands for new homes
open-air parking lots and cargo terminals in the northern part of Hong Kong that can be converted for residential use — are insufficient to relieve the land shortage in the long term. Financial ... ( read original story ...)
Hong Kong to hold 12th Asian Financial Forum to discuss economic sustainability
HONG KONG, Jan. 3 (Xinhua) -- The 12th Asian Financial Forum will be held on Jan. 14 to 15 in Hong Kong, with attendees from different countries and regions discussing the latest global economic situa... ( read original story ...)
Hong Kong central bank fines JPMorgan Chase for money laundering failures
The Monetary Authority reprimands and fines JPMorgan Chase Bank, National Association, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. (a) h... ( read original story ...)
Hong Kong’s IPO market: hot no more
The Hong Kong Stock Exchange recorded HK$286.5bn ($36.6bn) in funds raised last year, an impressive 123% jump from 2017, to overtake the New York Stock Exchange. That may be cause for some celebration ... ( read original story ...)
Hong Kong Plunges in Year’s First Session
Markets in Japan were shut down for the day, as were indexes in New Zealand In Hong Kong, the Hang Seng Index tumbled ... Australia and New Zealand Banking Group dropped 2.5%, Commonwealth Bank of Aus... ( read original story ...)
The six most popular career changes in Asian banking for 2019
Recruiters in Singapore and Hong Kong say they have noticed an uptick in candidates contacting them about shifting into new parts of the banking sector. This is, of course, far from ... ( read original story ...)
HKMA Slaps $1.6M Fine on JPMorgan Hong Kong over AML Breaches
fine on JPMorgan Chase & Co’s Hong Kong branch and reprimanded it over lapses in the bank’s money laundering and terrorist financing rules, between April 2012 and February 2014. An HKMA investigation ... ( read original story ...)
SMEs expected to dominate Hong Kong IPO in 2019
PwC expects Hong Kong market will be dominated by small and medium size IPOs in 2019, with an expected total fundraising between HK$200 billion to 220 billion supported by a healthy pipeline of over 2... ( read original story ...)
China Tobacco’s IPO Will Be Far From Smoking Hot
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)