HSBC has responded to an email scam that saw money stolen from customers using its PayMe system by adding extra layers of security to the e-wallet app. On Friday, Hong Kong’s biggest bank said users w... ( read original story ...)
Club Med’s Chinese owner Fosun Tourism raises $428 million in HK IPO
HONG KONG (Reuters) - China’s Fosun Tourism Group, operator of the Club Med holiday business, on Friday said it has raised $428 million in its initial public offering (IPO), pricing shares at the bott... ( read original story ...)
Fosun Tourism Raises $426 Million in Hong Kong IPO
Fosun Tourism Group, a unit of billionaire Guo Guangchang’s drugs-to-insurance conglomerate, raised HK$3.34 billion ($426 million) after pricing its Hong Kong initial public offering at the bottom of ... ( read original story ...)
HSBC deploys dementia specialist staff in Hong Kong amid rapidly ageing population
HSBC has become the first bank in Hong Kong to deploy staff with specialist knowledge in dementia to help sufferers overcome difficulties managing their finances. The move comes after a survey found m... ( read original story ...)
HSBC deploys dementia specialist staff in Hong Kong amid rapidly greying population
HSBC has become the first bank in Hong Kong to deploy staff with specialist knowledge in dementia to help sufferers overcome difficulties managing their finances. The move comes after a survey found m... ( read original story ...)
Hong Kong interbank rates nearing 2008 highs as HKD rises
Market expectations that the U.S. Federal Reserves will hike rates this month have also been a big reason for the spike in Hibor, said Linan Liu, a Hong Kong-based rates strategist at Deutsche Bank. H... ( read original story ...)
Asian Banker names BOC among top 500 Strongest and Largest Banks in Asia Pacific Region for 2018
Citi Bank (Hong Kong), Commonwealth Bank of Australia, ANZ Bank of New Zealand and many others. “With this latest ranking BOC has set an unparalleled benchmark in the Sri Lankan banking industry as th... ( read original story ...)
Futures on Rise Wednesday ahead of BoC Decision
while in Hong Kong, the Hang Seng index tumbled 1.6% Oil prices gained $1.02 to $53.97 U.S. a barrel. Gold prices added $5.50 to $1,245.10 U.S. an ounce. On Wednesday, U.S. equity, option and fixed in... ( read original story ...)
Win Streak Expected To End For Hong Kong Stock Market
BOC Hong Kong advanced 0.80 percent, Sands China skidded 0.66 percent, WH Group dropped 0.63 percent, China Life Insurance shed 0.57 percent, New World Development added 0.56 percent, China Mobile gai... ( read original story ...)
HSBC China securities JV to quadruple China research coverage
HONG KONG (Reuters) - HSBC (HSBA.L) plans to quadruple the number of mainland Chinese companies covered by research from its China joint venture over the next two years as it seeks to take ... ( read original story ...)
Hong Kong tech IPO braces itself for a challenging 2019
Despite promising changes in listing rules, Hong Kong is still facing challenges in tech IPOs, this is mainly down to its underperforming secondary market and competitive pressures which are intensify... ( read original story ...)
Tencent Music presses play on $1.2 billion U.S. IPO
HONG KONG/NEW YORK (Reuters) - Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global stock markets were boosted ... ( read original story ...)
Hong Kong: an experiment under strain
... Chan and the FT's Victor Mallet at the FCC in Hong Kong © AFP But the Hong Kong government’s decision to in effect expel Victor Mallet, the Asia news editor for the Financial Times, has finally pu... ( read original story ...)
Hong Kong has played an outsize role in contributing to the growth of China’s financial market
When Communist Party officials were debating during the late 1980s to open the very symbol of capitalism – the stock market – on the mainland to finance China’s modernisation, they looked south to Hon... ( read original story ...)