... institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on b... ( read original story ...)
HSBC sees trade deficit widening to $3.95 billion in October
Hongkong and Shanghai Banking Corp. said the Philippines’ trade deficit likely widened in October, as elevated imports continued to outpace exports growth. HSBC in a report predicted that the country’ ... ( read original story ...)
The new space race
In Singapore, this publication is distributed by The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch for the general information of institutional investors or other persons specifi... ( read original story ...)
New HK$1,000 banknotes set to debut in Hong Kong on Wednesday
Each of the three banks has its own designs based on the stipulated themes. Peter Wong Tung-shun, deputy chairman and chief executive of The Hongkong and Shanghai Banking Corporation, said the new HSB... ( read original story ...)
HSBC ties to Huawei could complicate China trade talks even though the bank isn’t being investigated
Even though the bank is headquartered in the U.K., HSBC (originally known as the Hongkong and Shanghai Banking Corporation) is one of China's most influential companies and has one of the largest fore... ( read original story ...)
New HK$1,000 notes enter circulation; other bills to follow
Hong Kong’s note-issuing banks are The Hongkong and Shanghai Banking Corp (HSBC), Standard Chartered Bank (Hong Kong), and Bank of China (Hong Kong). Colin Pou Hak-wan, HKMA’s executive director for f... ( read original story ...)
HK$6 billion in scammed funds transferred through Hong Kong bank accounts in past 15 months
Close to HK$6 billion (US$768 million) swindled from victims of various online and phone scams in Hong Kong and around the world was transferred through bank accounts in the city over the past 15 mont... ( read original story ...)
Hong Kong on track for global IPO crown
Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst pe... ( read original story ...)
Hong Kong IPOs to raise HK$100 billion less in 2019, says KPMG
Seven companies listed in Hong Kong slashed their IPO sizes recently, amid a surge in new share offerings and a major sell-off in the equity market. Alibaba Group Holding-backed Babytree shrank its li... ( read original story ...)
China’s Tencent Music raises nearly $1.1 billion in U.S. IPO
NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group (TME.N) said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricin... ( read original story ...)
WuXi AppTec Lists H Shares on the Hong Kong Stock Exchange
The Hong Kong IPO will be used to enhance the Company's capability and capacity worldwide. This could include acquiring CROs and CDMO/CMOs, developing cutting-edge technologies, fostering a ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) market participants forecast a slower pace of interest rate hikes in the U.S
Hong Kong stocks rose on Wednesday as market participants forecast a slower pace of interest rate hikes in the U.S. and possible policy stimulus in China. At the close of trade, the Hang Seng index wa... ( read original story ...)
Hong Kong shelves ETF Connect scheme with China due to ‘technical issues’, says SFC chairman
It will need a very long period of discussion to establish the infrastructure to build an ETF Connect Tim Lui, SFC Mainland-backed financial firms in Hong Kong rose to 334 at the end of 2017, from the ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) worries about a slowdown in global growth
Headline shares of the Hong Kong financial market were lower on Tuesday ... Meanwhile, fresh Brexit uncertainty also dampened investor sentiments. In afternoon trades, the Hang Seng Index fell 29.34 p... ( read original story ...)