The asset management unit of Bank of China Hong Kong (BOCHK) said it will launch a China-themed mixed asset fund next week amid the bullish outlook for Chinese stocks and bonds. The BOCHK All Weather China Income Fund will invest 70 per cent in Chinese ... ( read original story ...)
Hong Kong regulator grins thanks to financial inclusion wins
The Hong Kong Monetary Authority (HKMA) is in a happy mood as the region’s financial inclusion initiatives are progressing well. Norman Chan, HKMA chief executive, visited three retail bank branches in northern Tin Shui Wai area of Hong Kong today (17 ... ( read original story ...)
HKMA’s Chief Executive visits bank branches to understand progress of implementation of financial inclusion initiatives (with photos)
The Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Norman Chan, visited three retail bank branches in northern Tin Shui Wai area today (August 17) to understand the situation of branch services from bank representatives and staff ... ( read original story ...)
Hong Kong insurer Asia Financial reports doubling of interim profit on investment gains
Asia Financial Holdings, which owns one of the largest general insurers in Hong Kong and is headed by the city’s executive council convenor Bernard Chan, reported a 105.5 per cent profit increase in the first half of the year. The company said on ... ( read original story ...)
What’s behind the success of satirical media in Hong Kong?
submitted draft listing documents to the Hong Kong Stock Exchange. The IPO application revealed that between 1 April 2016 and March 31, 2017 the company brought in HK$95 million in revenue — the majority of which originated from digital media ... ( read original story ...)
HSBC head of APAC digital products: here’s who I want to hire
Forget Google. HSBC’s Tamara van den Ban wants you to work in digital banking. http://news.efinancialcareers.com/hk-en/284288/dbs-technology-jobs-soh-siew-choo/ Forget Google. HSBC’s Tamara van den Ban wants more graduates in Asia to start careers in ... ( read original story ...)
Hong Kong profits tax reform to go before Legco by second half of 2018, financial services chief says
Hong Kong could see its first major profits tax reform aimed at easing the burden on smaller businesses take effect in the second half of next year, the financial services and treasury bureau chief said on Wednesday. James Lau said the overall economic ... ( read original story ...)
What your corporate banking salary and bonus should be in Hong Kong
http://news.efinancialcareers.com/hk-en/215900/13-questions-you-will-always-be-asked-in-a-corporate-banking-interview-and-how-to-answer-them/ If you’re a corporate banker in Hong Kong, it’s good to know how your salary and bonus stack up against what ... ( read original story ...)
Hong Kong experts to train mainland Chinese health care workers under new scheme
Former Hong Kong finance minister Antony Leung Kam-chung has launched an ambitious project to recruit the city’s talent to train health care professionals on the mainland, which is experiencing a serious shortage of high-quality carers. Leung is trying ... ( read original story ...)
BOC Hong Kong : BOCHK wins three transaction banking awards from The Asian Banker and Asian Banking & Finance
Bank of China (Hong Kong) ("BOCHK") has been granted the Achievement Award for Best Trade Finance Bank in Hong Kong and Best Corporate Trade Finance Deal in Thailand from The Asian Banker. BOCHK is also named the Hong Kong Domestic Cash Management Bank of ... ( read original story ...)
Shandong International refiles for Hong Kong IPO
Shandong International Trust Co has returned for a second attempt at a Hong Kong listing, refiling a draft prospectus six months after cancelling its $300m IPO. The China-based trust submitted its first A1 with the Hong Kong Stock Exchange in October 2016 ... ( read original story ...)
Citi has just hired one of HSBC’s top Hong Kong investment bankers
Citi has recruited an HSBC veteran to lead one of its key investment banking teams in Hong Kong. http://news.efinancialcareers.com/hk-en/291108/local-banks-hong-kong-jobs/ Veteran HSBC banker William Tang has moved to Citi as its new head of Asia consumer ... ( read original story ...)
Hong Kong exchange blocks Morgan Stanley, Li Ka-shing-backed IPO
The Hong Kong stock exchange has blocked an initial public offering by a financial services group backed by Morgan Stanley and Li Ka-shing because the Chinese state-owned brokers sponsoring the IPO filed a “substantially incomplete” prospectus. ( read original story ...)
Nine top corporate bankers you need to know in Hong Kong
Corporate banking is booming in Hong Kong. Here are some of the major players in the sector. http://news.efinancialcareers.com/hk-en/291616/bank-of-east-asia-hong-kong-universities/ Senior Hong Kong corporate bankers not only lead large teams of ... ( read original story ...)