Most Kwai Chung, which runs popular Hong Kong satirical magazine 100Most and a digital media site tapping into local youth culture, has made history in the city with retail investors seeking more than 6,000 times the number of shares in its initial public ... ( read original story ...)
Citigroup names new APAC head of corporate, investment banking – memo
HONG KONG (Reuters) - Citigroup Inc (C.N) has named its global co-head for technology investment banking, Jan Metzger, as its new Asia Pacific head of corporate and investment banking (CIB), according to an internal memo seen by Reuters on Tuesday. ( read original story ...)
Hong Kong Shares May Add To Monday’s Gains
BOC Hong Kong shed 0.38 percent, China Mobile lost 0.35 percent, Lenovo Group picked up 0.24 percent, Hong Kong & China Gas eased 0.12 percent and Power Assets Holdings, CITIC and Hang Lung Properties were unchanged. The lead from Wall Street is broadly ... ( read original story ...)
HSBC Insurance targets a third of new premium income from online sales by end of next year
HSBC Insurance, Hong Kong’s third largest insurer by gross premiums, plans to sell more products via digital channels in coming years and is now targeting a third of its new business to be delivered online by the end of next year. “When we first sold ... ( read original story ...)
Fosun International and HSBC Sign Strategic Cooperation Agreement
and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of Fosun International and its subsidiaries ("Fosun"). Wang Qunbin ... ( read original story ...)
This year’s Hong Kong Sevens looms as the worst in decades but no one cares about the rugby, right?
The fans, their costumes and the party atmosphere that comes with them will be in full force at next month’s Cathay Pacific/HSBC Hong Kong Sevens, but the world’s best players will not. It doesn’t take a rocket scientist to work out scheduling the ... ( read original story ...)
How prestigious California university Berkeley put Hong Kong Sevens hopeful on track for his ‘everything’
The United States are running rampant on the Sevens World Series and Russ Webb hopes his five years in American rugby heartland has laid the foundation for his Cathay Pacific/HSBC Hong Kong Sevens debut. The 24-year-old returned to Hong Kong in 2017 after ... ( read original story ...)
HK rate cuts poised to fuel homebuying frenzy
Hong Kong's two biggest lenders - HSBC and Bank of China (Hong Kong) - have further squeezed their margins on mortgage loans to compete for market share, setting off another round of industry-wide rate cuts that can further heighten the property market craze. ( read original story ...)
Rugby: Fiji’s Jerry Tuwai and All Black Tim Mikkelson invite all to watch the HSBC Singapore 7s
SINGAPORE - Following the Apr 6-8 Hong Kong leg, the HSBC Singapore Rugby Sevens returns to the National Stadium from April 28-29. Fiji Sevens back Jerry Tuwai and All Blacks sevens wing Tim Mikkelson each have a video message inviting rugby enthusiasts to ... ( read original story ...)
Nei Ho from Xero Hong Kong
Xero is officially expanding our presence to Hong Kong today, and we are thrilled to be calling this colourful and diverse concrete jungle our second home in Asia! Following the establishment of two monumental partnerships with HSBC and DBS in Hong Kong ... ( read original story ...)
Banking royal commission has an impact in Hong Kong
Global equity investors have questioned CEOs of the big four about the impact the banking royal commission will have on compliance and regulatory costs. David Rowe The Hayne royal commission muscled its way into Asia's biggest investment conference in Hong ... ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
https://news.efinancialcareers.com/hk-en/304695/julia-raiskin-citi/ It’s the post-bonus hiring season and if you’re looking for a banking job in Singapore or Hong Kong, Citi may well be on your radar right now. Asia is one of Citi’s fastest growing ... ( read original story ...)
Hong Kong regulator finds compliance failures in IPO sponsors’ work
HONG KONG (Reuters) - Hong Kong’s securities regulator said on Monday it had found compliance failures in financial institutions’ roles sponsoring initial public offerings (IPOs) in the Asian financial hub. The Securities and Futures Commission (SFC ... ( read original story ...)
Hong Kong ranked third globally in IPOs in Q1, as funds raised fell 26pc
Hong Kong’s initial public offering market continued to decline in the first quarter, as the total capital raising was down 26 per cent on year, sending the city down the rankings to the No 3 spot globally, behind New York and Frankfurt. Hong Kong ... ( read original story ...)