Hong Kong has more skyscrapers than any other city in the world ... Bank of China Tower While the BOC Tower is often criticised for bringing bad luck due to its likeness to a knife, it’s still one of the most eyecatching buildings in our skyline. ( read original story ...)
“Chinese banks dominate Hong Kong hiring. There’s no debate now”
Chinese banks in Hong Kong dominate the job market like never before ... There’s simply no debate: from BoC to ICBC, Chinese banks now dominate available job vacancies. But there’s a problem. Bringing the people they want on board still ... ( read original story ...)
Hong Kong Shares May Find Support On Friday
BOC Hong Kong and Kunlun Energy both added 0.13 percent and Belle International was unchanged. The lead from Wall Street is unclear as stocks moved in opposite directions on Thursday - eventually finishing mixed, with the Dow hitting a fresh record closing ... ( read original story ...)
Hong Kong Bourse May Tick Lower On Monday
Hong Kong & China Gas added 0.40 percent, CNOOC gathered 0.32 percent, Galaxy Entertainment shed 0.29 percent and BOC Hong Kong was up 0.26 percent. The lead from Wall Street provides little clarity as stocks moved mostly lower on Friday, although the Dow ... ( read original story ...)
Why PBoC has relaxed the reserve requirements for FX forwards
According to a research report by Bank of America Merrill Lynch, the renminbi reserve requirement still remains for custodian banks, BoC Hong Kong, BoC Macau, as well as the parent banks of other clearing banks. But the reserve requirement is lifted for ... ( read original story ...)
Postal Savings Bank of China to meet investors for US dollar AT1 securities
BOC International, Huarong Financial, Standard Chartered Bank, Ping An of China Securities (Hong Kong), China Merchants Securities (HK), Credit Agricole and Deutsche Bank. The proposed Reg S AT1 issue has expected ratings of Ba3 by Moody’s. PSBC said in ... ( read original story ...)
Hang Seng Bank (0011) Decline -0.44% on Sep 16
Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)
Hong Kong stocks end the week on a positive note, shrugging off North Korea threat
Hong Kong stocks ended higher on Friday ... China Construction Bank dropped 0.3 per cent, and Hang Seng Bank slid 0.4 per cent. Mainland Chinese stocks declined amid weaker-than-expected August economic data. Macquarie forecasts China’s GDP growth ... ( read original story ...)
Here’s how to get into Hang Seng Bank in Hong Kong
Hang Seng Bank is hiring experienced staff across the board in Hong Kong right now (click here for details of where the jobs are). But where should you study if you want a graduate role at the bank? To find out, we looked at online profiles of ... ( read original story ...)
Hong Kong’s ex-central banker calls for dual-currency stock prices to shield city from risks
It would also enable banks in Hong Kong to manage their renminbi assets and liabilities more effectively.” Joseph Yam’s blog: International Financial Centre and Monetary and Financial Stability Currently, only two – Hui Xian Real Estate Investment ... ( read original story ...)
Chinese online insurer ZhongAn to seek $11 billion valuation in HK IPO: IFR
HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co Ltd [IPO-ZAOL.HK], China’s first internet-only insurer, plans to seek a valuation of up to $11 billion with its Hong Kong initial public offering, IFR reported on Thursday ... ( read original story ...)
Hang Seng
Hong Kong's Hang Seng, however, was muted and added just 8.80 points to close at 27,963.93. Macquarie Group rallied in Sydney trading after the firm delivered a pleasing profit forecast. Shares in Australia's biggest investment bank jumped about 3% after ... ( read original story ...)
Hong Kong stocks end lower, pressured by losses in financials and utilities
The Hang Seng Index slid 0.3 per cent ... and China Construction Bank dropped 1 per cent. Bank of China eased 1 per cent, and AIA shed 0.3 per cent. Utilities also pulled back. Towngas, Hong Kong’s sole supplier of piped gas, dropped 0.5 per cent. ( read original story ...)
Huishan Dairy debt woes deepen as HSBC demands repayment of $220 million
HONG KONG/SHANGHAI (Reuters) - HSBC (HSBA.L) has demanded China Huishan Dairy Holdings Co Ltd (6863.HK) repay $220 million (167 million pounds) in loans this week - a move set to make it even more difficult for the Chinese firm to extricate itself from a ... ( read original story ...)