China Tower, which owns and manages the towers used by the country’s big three telecoms operators, is preparing for an initial public offering in Hong Kong. The company has hired China International Capital and Goldman Sachs to lead the IPO, which could ... ( read original story ...)
Chinese bank IPOs in Hong Kong underperform broad index
Of the six banks that have listed in Hong Kong in the past 16 months, all are underperforming the benchmark Hang Seng index. From their IPO prices, their shares have moved between a gain of 7.5 percent, in the case of Jilin Jiutai Rural Commercial Bank ... ( read original story ...)
China bank IPOs lose allure
Of the six banks that have listed in Hong Kong in the past 16 months, all are underperforming the benchmark Hang Seng Index. From their IPO prices, their shares have moved between a gain of 7.5 percent, in the case of Jilin Jiutai Rural Commercial Bank ... ( read original story ...)
HSBC repurchases boost buyback value on Hong Kong exchange
The insider activity fell for the second straight week based on filings on the Hong Kong stock exchange from July 31 to August 4, with 15 companies that recorded 75 purchases worth HK$74 million versus three firms with 19 disposals worth HK$6 million. ( read original story ...)
Good news in jobs market sends Wall Street stocks higher
The Hang Seng in Hong Kong edged up 0.1%. The UK needs to be better prepared for a "no deal" Brexit to show Brussels there is a "credible" alternative should the negotiations fail, a former Bank of England governor has said. Blue-chip stocks pushed the ... ( read original story ...)
Hong Kong exchange operator HKEX expects 11pc rise in interim profit on higher market turnover
Hong Kong Exchanges and Clearing ... a wealth management strategist at Sun Hung Kai Financial. “The volume of derivative products trading also reach a record high level in the first half of this year which also brought in higher fee income,” Wen ... ( read original story ...)
Profit from these five investment trends over the next decade
What is it – Premium China Fund invests mostly in companies listed in Hong Kong, mainland China and Taiwan ... water rights, agribusiness finance and real property. Returns – From inception in June 2014 to June 30, 2017, 9.33 per cent. ( read original story ...)
Duterte’s ‘Build, Build, Build’ plans hit Philippine peso
Policymakers are often reminded of the Asian financial crisis 20 years ago whenever external ... Nichola Saminather and Vidya Ranganathan in SINGAPORE and Marius Zaharia in HONG KONG; Editing by Marius Zaharia and Raju Gopalakrishnan) ( read original story ...)
China Yuchai International Limi (NYSE:CYD) Trading Volume Significantly Higher
which include property-backed financial instruments and in direct property. TCL is involved in the distribution of lifestyle products, including beauty and health, and enviro-care products in China (including Hong Kong), Southeast Asia and India.. ( read original story ...)
Almost 10 Years And Still Nits To Pick
As Izabella concluded, "To us that suggests the financial plumbing of the system will become a ... timed to whatever seasonal factor (such as CNH in offshore China, meaning Hong Kong, that only for each of the past two years ahead of both semi-annual ... ( read original story ...)
Where Power Players Escape From It All
For finance titans in London in search of the perfect second ... “By July and August, people are pretty much gone.” While some of Hong Kong’s wealthiest financiers are buying second homes across the border in mainland China, many of them are staying ... ( read original story ...)
Is Malaysia’s financial sector lagging in the cloud transformation stakes?
Giron said the study - involving 34 senior IT decision-makers in the Asia Pacific financial services sector from nine countries: Australia, Hong Kong, Korea ... and many instances by non-traditional banking services." Many organisations in the sector ... ( read original story ...)
China Mobile Limited (NYSE:CHL) Trading Volume Significantly Lower
On January 19, 2016 the stock rating was set at “Buy” in a report from Deutsche Bank which was a boost from the previous ... municipalities in Mainland China, as well as in Hong Kong. The Business’s mobile customers include approximately 833.9 ... ( read original story ...)
Global Markets Ends on a Positive Note
The major gains were seen in Hong Kong and Brazil which closed higher by 2.2% and 2.1% ... The share market in china closed higher by 0.3% compared to last week. The Bank of England (BoE) left interest rates unchanged at its monetary policy meet with ... ( read original story ...)