HONG KONG (Reuters) - A flurry of initial public offerings (IPOs) in Hong Kong propelled the financial center to first place for IPO volumes globally, but next year is unlikely to see as many big-tick... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve
Hong Kong shares ended lower on Thursday after the city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve, and warned of increasing downside risks to the economy. At t... ( read original story ...)
Global banks chase Asia techs transaction business, as trade war rumbles
HONG KONG (Reuters) - Global lenders including Citigroup (C.N) and HSBC (HSBA.L) are stepping up efforts to sell day-to-day banking services to Asia’s fast-growing new technology firms ... ( read original story ...)
Hong Kong shares end lower after HKMA tracks Fed rate hike
Hong Kong shares ended lower on Thursday after the city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve, and warned of increasing downside risks to the economy. ** A... ( read original story ...)
Hong Kong Shares May Open Under Pressure On Thursday
The Hang Seng Index now rests just beneath ... BOC Hong Kong lost 0.34 percent,. Hong Kong & China Gas fell 0.25 percent and China Mengniu Dairy and Industrial and Commercial Bank of China were unchan... ( read original story ...)
The Hongkong and Shanghai Hotels, Limited (0045) Decline -2.17% on Dec 17
it is operated by the Hang Seng Bank (HSB) Hang Seng Indexes Company. As a free-float market-capitalization-weighted index, it represents about 60% of the total market valuation on the SEHK. The Hongk... ( read original story ...)
Hong Kong stocks end flat as trading volume ebbs on caution
The Hang Seng Index slipped 0.03% to ... in shares changed hands on the Hong Kong stock exchange. Industrial & Commercial Bank of China gained 0.7%, while heavyweight lender HSBC Holdings inched ... ( read original story ...)
Hong Kong Stock Market Poised To Halt Losing Streak
The Hang Seng Index now rests just beneath the 25,815 ... CSPC Pharmaceutical climbed 1.04 percent, BOC Hong Kong shed 1.01 percent, Industrial and Commercial Bank of China and Hang Lung Properties bo... ( read original story ...)
Hong Kong’s de facto central bank raises base interest rate by 25 points for fourth time this year in lockstep with US monetary policy
The Hong Kong Monetary Authority (HKMA) has raised the city’s base lending rate by 25 basis points for the fourth time this year, moving in lockstep with the US Federal Reserve’s overnight increase of ... ( read original story ...)
HK takes top slot in global IPO rankings
[Photo/Agencies] Mainland companies' listings help financial hub to regain title in 2018 Companies from the Chinese mainland are driving a bumper year for Hong Kong IPOs in 2018, helping the city ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Halts Losing Streak
The Hong Kong stock market has fallen lower in three straight trading days, sliding almost 700 points or 2.7 percent in that span. The Hang Seng Index now rests just beneath the 25,815-point plateau, ... ( read original story ...)
Hong Kong follows Fed with interest rate rise
Hong Kong’s de facto central bank has raised its interest rate by 25 basis points on Thursday, moving in step with a monetary policy decision from the US Federal Reserve overnight. The move by the Hon... ( read original story ...)
HMV closes all HK stores as financial woes prompt liquidation
HMV Retail has closed all its seven stores in Hong Kong as it goes into liquidation in the wake of financial troubles as consumers increasingly shun CDs and DVDs in favor of streaming services. In a f... ( read original story ...)
The big roadblocks to Hong Kong’s smart banking ambition
Banks have historically spent a large amount of their IT budgets on maintenance and stability rather than innovation. Viewing Fintechs as disruptors and competitors, traditional banks are closed entit... ( read original story ...)