Chinese steel trading website Zhaogang.com Inc. is dropping plans to use a dual-class share structure in its Hong Kong initial public offering, people with knowledge of the matter said. Zhaogang.com p... ( read original story ...)
Financial Times editor refused entry to Hong Kong
HONG KONG — The Asia editor of the Financial Times has been refused entry to Hong Kong, weeks after the semi-autonomous Chinese territory refused to renew his work visa. The newspaper reported that Vi... ( read original story ...)
Hong Kong Exchanges and Clearing soundly beats estimates with 20 per cent jump in net profit in third quarter
The Hong Kong Exchanges and Clearing on Wednesday reported a better-than-expected 20 per cent jump in its net profit during the third-quarter, after its largest listing reform in decades sparked an in... ( read original story ...)
Email accounts hacked, leading to ‘unauthorised transactions’, Hong Kong’s biggest bank HSBC says
A number of HSBC’s PayMe app users had their e-wallets compromised after hackers targeted private email accounts, Hong Kong’s biggest bank said on Thursday. HSBC said they were notified of the email a... ( read original story ...)
BOC Leases Storefront in Central’s Wheelock House at 55% Discount
BOC’s new lease for the space ... The cut-rate lease for the high-end location comes despite signs of a recovery in Hong Kong’s mainstream retail market elsewhere in the city, as the market for luxury ... ( read original story ...)
Hong Kong houseboat owners face huge financial losses
“Welcome to my home,” says Cath Osburn, as she opens the door to her beautiful, four-bedroom houseboat. “Although maybe not for much longer.” The Osburns — New Zealander Cath, her husband, two childre... ( read original story ...)
China’s Central Bank Raises 20 Billion Yuan in First Bill Issuance in Hong Kong
(Bloomberg) -- The People’s Bank of China sold 20 billion yuan ($2.9 billion) of bills in its first issuance in Hong Kong Wednesday, a move that could reduce the offshore yuan’s liquidity and support ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Asian markets mixed
China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index are respectively down 20 per cent and ... To spur lending, China’s central bank has cut the amount of cash that some banks must hold as ... ( read original story ...)
Hong Kong houseboats set to be cast adrift
The Osburns — New Zealander Cath, her husband, two children and two bulldogs — are among more than 200 boat-dwelling families that are facing imminent eviction from Hong Kong’s Discovery Bay Marina Cl... ( read original story ...)
Hong Kong’s 2019 IPO pipeline is very strong: HKEX chief
Hong Kong Exchanges and Clearing is on track for a record year for initial public offerings, and it does not see a let-up in businesses coming to list. "People are still actually coming in big groups, ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) China premier talks up targeted policy support
Hong Kong shares erased early losses and ended higher on Tuesday after China’s premier said the country would take targeted policy steps to support private companies. *At the close, the Hang Seng inde... ( read original story ...)
Hang Seng Management College upgraded to become Hong Kong’s second private university
The government has granted Hang Seng Management College university status, making it the second private university in Hong Kong. The private education institution will be renamed the Hang Seng Univers... ( read original story ...)
Hang Seng University of Hong Kong makes minimal fee increase pledge
Hang Seng University of Hong Kong will not raise its tuition fees significantly in the near future after it was promoted from a college to a university, its senior management said on Wednesday. “We wi... ( read original story ...)
Hang Seng closes lower, HSBC climbs by 5.7pc
Hong Kong blue chips ended lower today. The benchmark Hang Seng Index shed 0.38 percent, or, 94.41 points at 24,812.04 at the close. Shares in Tencent Holdings (0700) lost 0.08 percent at HK$259.80. H... ( read original story ...)