Signals are good for China Tower IPO

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 ...)

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 ...)

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 ...)