It is nothing new for banks in Hong Kong to offer staff mortgages at a below the market interest rate to assist employees to buy property. With the raging property prices, this benefit has never been more significant to banking employees. A friend of mine ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)
HSBC Kicks Off Its Sevens Weekend With The First Ever HSBC Community Day
a partnership between HSBC and the Tung Wah Group of Hospitals (TWGHs) intended to bring rugby and a sense of community to the Hong Kong public. The Honourable Matthew Cheung Kin-chung, Chief Secretary for Administration, The Government of the Hong Kong ... ( read original story ...)
Building program drove trade deficit wider in Feb. — HSBC
THE trade deficit likely widened further in February as imports continue to outpace the growth in outbound shipments, Hongkong and Shanghai Banking Corp. (HSBC) said, owing to a greater need for raw materials as the Philippines takes on increased ... ( read original story ...)
Fiji take fourth consecutive title in Hong Kong
Fiji secured their fourth consecutive title at the Cathay Pacific/HSBC Hong Kong Sevens after they beat Kenya 24-12. In a repeat of last month's final in Vancouver, Fiji ran in four tries to move within just three points of series leaders South Africa in ... ( read original story ...)
Hong Kong’s rooftop farms may not be lucrative but are a hit with overworked residents
Hong Kong, with its skinny office blocks and apartment towers and busy, affluent residents, might seem an unlikely place for rooftop farming to catch on. The finance and trading hub has rural suburbs, but farming only takes up 700 hectares of its land and ... ( read original story ...)
Wide Open Cathay Pacific / HSBC Hong Kong Sevens Set for Kick-Off
The Hong Kong Rugby Union (HKRU) counted down to the kick-off of what is shaping up as one of the most wide open Cathay Pacific/HSBC Hong Kong Sevens in years with Wednesday's Captains Photo and Coaches Press Conference ahead of the tournament start on Friday. ( read original story ...)
HSBC’s new CEO is said to mull more country exits in fresh plan
A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong , Reuters/Bobby Yip HSBC Holdings Plc Chief Executive Officer John Flint and Chairman Mark Tucker are considering shrinking the bank’s global imprint even ... ( read original story ...)
Paul John names five Hong Kong Sevens first-timers as hosts continue hunt for elusive World Series berth
He was thrown into the cauldron of the Cathay Pacific/HSBC Hong Kong Sevens in his first few weeks in the city but now Paul John has had a chance to catch his breath and make his mark on his new side. That was evident in his squad for this weekend’s ... ( read original story ...
Hang Seng closes up 326 points
Stocks in Hong Kong rebounded on Friday despite declines in regional ... HSBC Holdings (0005) rose 0.90 percent to HK$73.05 and its subsidiary, Hang Seng Bank (0011), surged 2.79 percent, or HK$5.00, to HK$184.00. Apple suppliers were among the top blue ... ( read original story ...)
Cryptocurrency miner Canaan eyes IPO; bets on China’s push for chip industry
The company says it supplies around a quarter of the global bitcoin blockchain computing power. Canaan is considering an IPO in Hong Kong or the United States, co-chairman Jianping Kong said in an interview. “We ... prefer listing outside mainland China ... ( read original story ...)
From Fiji to fancy dress, how rugby fell in love with the Hong Kong Sevens
(CNN)In 2015, high over the North Stand of Hong Kong Stadium, above the commentators and scorers booths, comedian Al Murray sipped from a bottle of water. It had been a pleasantly grueling few days at the Hong Kong Sevens. You know he typed this out with a ... ( read original story ...)
US company duped into sending US$3 million to Hong Kong account
An email scammer duped an American company into transferring US$3 million (HK$23.5 million) to a Hong Kong bank account last month, police sources revealed on Thursday, as the amount of money in cases handled by the force’s anti-fraud team surged to ... ( read original story ...)
16 Singapore banking jobs that pay $10k a month after just three years
These are the Singapore banking jobs where that’s possible. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ You’re an intern or analyst in Singapore wondering which banking roles will land you a salary large enough to ... ( read original story ...)