HONG KONG (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse’s planned IPO investment links with China key to clinching the potential listing, Chief Executive Charles Li told ... ( read original story ...)
HKEX CEO says talks to win Saudi Aramco listing “will never stop”
HONG KONG (Reuters) - Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse’s planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told ... ( read original story ...)
Wharf shares rally on plan to spin off property unit via Hong Kong IPO
Shares of Wharf (Holdings) rose to its highest level in almost a month on Tuesday after the company filed an application to the Hong Kong stock exchange to spin off its property unit for a separate listing on the main board. Wharf shares were up 4.1 per ... ( read original story ...)
Israel forges financial links with Switzerland, Singapore, Hong Kong
The Israel Securities Authority is promoting dual listing in Hong Kong and Singapore. The Ministry of Finance today stated, "Israel and Switzerland have signed a letter of understanding for extensive cooperation in the financial services sector." At the ... ( read original story ...)
Hong Kong stocks likely to see choppy trading after North Korea nuclear test
Hong Kong stocks are likely to see choppy trading when the market opens Monday morning following losses in other Asian markets, after North Korea announced on Sunday it had tested a hydrogen bomb that could be carried by an intercontinental ballistic missile. ( read original story ...)
Li Ka-shing establishes scholarship in memory of ex-HSBC chairman Michael Sandberg
Tycoon Li Ka-shing has established a scholarship with a donation of HK$5 million to two designated British universities as a memorial tribute to former HSBC chairman Michael Sandberg, The Li Ka Shing Foundation said today. "The contribution will be ... ( read original story ...)
Hong Kong reverses into decline as banks retreat a second day
Hong Kong’s Hang Seng Index fell 0.1 per cent ... Banks led decliners for a second day. Industrial & Commercial Bank of China slid 1.0 per cent to HK$5.8, China Construction Bank fell 0.7 per cent to HK$6.81 and HSBC eased 0.1 per cent to HK$75.9 ... ( read original story ...)
Hong Kong stocks complete longest monthly winning streak in a decade
Hong Kong’s stocks ... first time since 2015. The Hang Seng China Enterprises Index, or the H-share gauge, fell 0.7 per cent. Traders sold shares in China’s biggest state-owned banks including Industrial and Commercial Bank of China and China ... ( read original story ...)
Fosun IPO set to broaden Hong Kong equity markets
Fosun Group is on course to plant a new marker for Hong Kong’s equity markets following the launch of an initial public offering in Sisram Medical this Thursday. The IPO, which will raise up to HK$1.35 billion $174 million, is the first example of a ... ( read original story ...)
Chinese banks in Hong Kong will pay you a CASH bonus. Here’s why
http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ Want to work at a bank in Hong Kong where your bonus is paid entirely in cash and none of it is deferred, leaving you free to move jobs without sacrificing future income? ( read original story ...)
Hong Kong stocks retreat as Chinese banks under selling pressure
Hong Kong’s stock market closed the ... Wednesday for the first time since May 2015. The Hang Seng China Enterprises index slid 1.1 per cent or 124.91 points to 11,249.55. China Construction Bank slid 2.9 per cent to HK$6.82 and Bank of China fell ... ( read original story ...)
A senior HSBC trader has just joined BNP Paribas in Hong Kong
BNP Paribas has poached a senior credit trader from HSBC in Hong Kong as its global hiring drive in credit reaches Asia. http://news.efinancialcareers.com/hk-en/293773/left-us-for-hong-kong-banking/ BNP Paribas has poached a senior credit trader from HSBC ... ( read original story ...)
Hang Seng Index closes above 28,000 for first time since May 2015 as Shimao, Sunac surge
Hong Kong’s Hang Seng Index closed above the 28,000 level for the first ... The interim report is due Thursday. Industrial and Commercial Bank of China rose 1.5 per cent to HK$6.02. The nation’s biggest lender by assets said after the market closed ... ( read original story ...)
Hong Kong businessman and socialite David Tang dies at 63
HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)