... an indicative price range of HK$60 to HK$72 per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion, three people with direct knowledge of the matter ... ( read original story ...)
BOC Hong Kong (Holdings) Ltd. ADR 2018 Q2 – Results – Earnings Call Slides
The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2018 Q2 earnings call. 122 Click to enlarge Notes: ( read original story ...)
Hong Kong is boosting its links to Chinese banks — but there are risks involved
Hong Kong's financial regulator announced this month it had fined a Chinese bank for laxity in monitoring customer relationships over money-laundering fears. Analysts say Chinese regulation can be les... ( read original story ...)
Hong Kong insurer ‘to snap up HSBC stake’ in joint venture
Hong Kong/Kuala Lumpur — Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings’ stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people ... ( read original story ...)
Hong Kong Unveils List of Professionals It Wants to Lure
... comes as the Asian financial hub seeks to bolster its competitiveness in finance and catch up on technology with the neighboring mainland hub of Shenzhen. Hong Kong is also looking to enhance its ... ( read original story ...)
Open banking: Endless opportunities for HK financial sector
The global banking industry is undergoing a wave of disruption and there has never been a better time for fintechs and developers to hitch a ride on the wave. Introduction of the Hong Kong Monetary Au... ( read original story ...)
Hong Kong’s Important Role In Blockchain And Cryptocurrencies
But what we are looking at building here in Hong Kong is an infrastructure for new businesses and existing businesses, to make sure the technology and innovations remain a key enabler for financial se... ( read original story ...)
“Singapore just doesn’t have decent banking jobs. So I’m applying to Hong Kong instead”
I recently finished an internship at a leading European bank in Singapore and I also received a ‘return offer’ for a full-time risk-management role starting in 2019. That’s the stuff of ... ( read original story ...)
Bank of East Asia’s first-half profits jump 26 per cent as cost-cutting efforts pay off
Bank of East Asia said on Wednesday that earnings from ongoing operations rose 26 per cent as the family-run lender continues to reduce costs and streamline operations, particularly in mainland China. ... ( read original story ...)
Tax incentives on the way to help promote insurance sector, Financial Secretary says
The Hong Kong government will introduce a number of tax incentives to promote marine insurance, reinsurance and specialty insurance as the city battles to become a regional risk management centre, acc... ( read original story ...)
Chinese biotech valuations likely hit as trailblazer’s Hong Kong shares sink
HONG KONG/SAN FRANCISCO (Reuters ... was valued at $2 billion after its initial public offering (IPO) priced at the middle of an indicative range. Its stock debuted on Aug. 1 at HK$14, but by the end ... ( read original story ...)
Hong Kong’s hot property sector show signs of cooling
Rising interest rates, a slowing economy and a depreciating renminbi is starting to cool Hong Kong’s residential property market, the world’s least affordable housing sector. Property developers have ... ( read original story ...)
Terrible tech talent shortages grip Hong Kong banking sector
Talent shortages in Hong Kong banking technology have reached extreme levels across many job functions, new figures reveal. To find out, we analysed our database across 17 key banking-tech sectors ... ( read original story ...)
BOC Hong Kong 1st Half Net Profit From Continuing Operations Up 17.7%
HONG KONG--BOC Hong Kong (Holdings) Ltd. (2388.HK) Tuesday reported a 17.7% increase in first-half net profit from continuing operations, driven by higher interest rates in the city. The Hong Kong-lis... ( read original story ...)