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 ...)

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 ...)

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 ...)

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 ...)