Hong Kong has failed to secure a spot in the top 10 league table for funds raised from IPOs of technology companies worldwide, which surged three times to US$18.87 billion in the first eight months of the year. According to Thomson Reuters data, Hong Kong ... ( read original story ...)
Former HSBC chairman Lord Sandberg traversed crucial years of change in China and Hong Kong
Former HSBC chairman Michael Sandberg was in charge of the bank at a crucial time – when mainland China was opening up and as Sino-British talks on Hong Kong’s future were under way. Sandberg died in his London home on July 2 at the age of 90. ( read original story ...)
12 things you need to know about corporate banking jobs in Hong Kong
Your search could be tougher than you think. http://news.efinancialcareers.com/hk-en/292772/corporate-banking-salary-bonus-hong-kong/ If you’re looking for a new role as a corporate banker in Hong Kong, you face a rapidly changing job market in 2017. ( read original story ...)
Hong Kong ATM withdrawals rise after Macau introduces facial recognition at cash dispensing machines
There has been a rise in withdrawals at Hong Kong’s ATMs by banking clients using China UnionPay bank cards following Macau’s adoption of facial recognition technology at ATMs in May, according to a report by South China Morning Post. The increasing ... ( read original story ...)
Cofco Womai eyes $600m in Hong Kong IPO
Cofco Womai, an online food products retailer backed by the Cofco Group and Chinese internet giant Baidu, is seeking as much as $600m from a Hong Kong IPO. The company filed a listing application with the city’s bourse on Monday through sponsors China ... ( read original story ...)
Hong Kong’s Index King Gets Squeezed
Hong Kong's benchmark index provider is at a turning point. European regulations that take effect in January will test its ability to remain relevant. Hang Seng Indexes Co. is already behind the curve. The company, owned by Hang Seng Bank Ltd., said last ... ( read original story ...)
Hang Seng Durability Index Dives
Hong Kong's benchmark index provider is at a turning point. European regulations that take effect in January will test its ability to remain relevant. Hang Seng Indexes Co. is already behind the curve. The company, owned by Hang Seng Bank Ltd., said last ... ( read original story ...)
Techies don’t always want to work in Hong Kong banking. Here’s why they should
http://news.efinancialcareers.com/au-en/292842/hsbc-asia-digital-banking-jobs/ Employers in the finance sector in Hong Kong increasingly need to hire more technologists. But getting the right tech talent on board is far from straightforward. This year ... ( read original story ...)
Food Giant COFCO Plans IPO for E-Commerce Uni
Food giant COFCO is planning a Hong Kong initial public offering (IPO) for its money-losing e-commerce unit as part of a broader move to separately list its many different businesses to better differentiate them for investors. The listing would see state ... ( read original story ...)
These six senior bankers left global firms to join BOCI in Hong Kong
Would you leave the likes of UBS and Citi to join Bank of China? These people would. http://news.efinancialcareers.com/hk-en/292436/corporate-bankers-hong-kong/ Large Chinese banks have traditionally grown their own talent and found it difficult to lure ... ( read original story ...)
Hong Kong finance chief Paul Chan faces yet another court case over defaming children
Hong Kong’s finance chief and his wife found themselves back in a legal battle on Monday over whether they recklessly defamed two schoolchildren, after the city’s top court gave the green light to the twins and their father to pursue a last-ditch appeal. ( read original story ...)
Hong Kong banks among world’s most profitable thanks to low costs, better asset quality
The large banks in Hong Kong are some of the most profitable in the world, partly due to their low costs, according to industry experts. Banking analysts say this is partly a result of market fundamentals, but also comes down to cost control decisions ... ( read original story ...)
Hang Seng Bank Ltd.
The company was founded by Sin Hang Ho in 1933 and is headquartered in Hong Kong. Hang Seng Bank is a major local bank in Hong Kong and a member of the U.K.'s HSBC group. Hang Seng has a strong presence in Hong Kong's retail banking sector, with more than ... ( read original story ...
Hong Kong’s China stock benchmark to include private companies
HONG KONG -- Hang Seng Bank's benchmark compiling unit said on Thursday that it is going to revamp the existing Hang Seng China Enterprises Index in order to make it more representative of mainland China's economy, which is increasingly led by consumption ... ( read original story ...)