HONG KONG (Reuters) - Fosun International (0656.HK) plans to float its Club Med holiday business in Hong Kong and raise up to $700 million, sources said on Tuesday, three years after it won the global ... ( read original story ...)
Financial Analysis: HDFC Bank (HDB) versus HANG SENG Bk Lt/S (HSNGY)
... compares HDFC Bank and HANG SENG Bk Lt/S’s net margins, return on equity and return on assets. HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in ... ( read original story ...)
Bank stocks drag down Hang Seng
BOC Hong Kong (2388) fell 0.91 percent, to HK$38.10. HSBC Holdings (0005) and Hang Seng Bank (0011) respectively slipped 0.93 percent and 0.47 percent. However there was one exception. Shares in Bank ... ( read original story ...)
Hong Kong Green Finance Association Announces Official Launch on 21st September
HONG KONG, Sept. 3, 2018 /PRNewswire/ -- The Hong Kong Green Finance Association ("HKGFA or "Association"), a non-for-profit organization, announced today that it will be hosting a Green Finance ... ( read original story ...)
China’s Meituan Dianping sets HK IPO valuation at up to $55 billion: sources
... an indicative price range of HK$60 to HK$72 per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion, three people with direct knowledge of the matter ... ( read original story ...)
BOC Hong Kong (Holdings) Ltd. ADR 2018 Q2 – Results – Earnings Call Slides
The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2018 Q2 earnings call. 122 Click to enlarge Notes: ( read original story ...)
Hong Kong is boosting its links to Chinese banks — but there are risks involved
Hong Kong's financial regulator announced this month it had fined a Chinese bank for laxity in monitoring customer relationships over money-laundering fears. Analysts say Chinese regulation can be les... ( read original story ...)
Hong Kong insurer ‘to snap up HSBC stake’ in joint venture
Hong Kong/Kuala Lumpur — Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings’ stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people ... ( read original story ...)
Hong Kong Unveils List of Professionals It Wants to Lure
... comes as the Asian financial hub seeks to bolster its competitiveness in finance and catch up on technology with the neighboring mainland hub of Shenzhen. Hong Kong is also looking to enhance its ... ( read original story ...)
Open banking: Endless opportunities for HK financial sector
The global banking industry is undergoing a wave of disruption and there has never been a better time for fintechs and developers to hitch a ride on the wave. Introduction of the Hong Kong Monetary Au... ( read original story ...)
Hong Kong’s Important Role In Blockchain And Cryptocurrencies
But what we are looking at building here in Hong Kong is an infrastructure for new businesses and existing businesses, to make sure the technology and innovations remain a key enabler for financial se... ( read original story ...)
“Singapore just doesn’t have decent banking jobs. So I’m applying to Hong Kong instead”
I recently finished an internship at a leading European bank in Singapore and I also received a ‘return offer’ for a full-time risk-management role starting in 2019. That’s the stuff of ... ( read original story ...)
Bank of East Asia’s first-half profits jump 26 per cent as cost-cutting efforts pay off
Bank of East Asia said on Wednesday that earnings from ongoing operations rose 26 per cent as the family-run lender continues to reduce costs and streamline operations, particularly in mainland China. ... ( read original story ...)
Tax incentives on the way to help promote insurance sector, Financial Secretary says
The Hong Kong government will introduce a number of tax incentives to promote marine insurance, reinsurance and specialty insurance as the city battles to become a regional risk management centre, acc... ( read original story ...)