Hong Kong residential tenants hoping for rental rebates missed out on a new tax deduction in this year’s budget because there was no time to upgrade the government’s computer system, Financial Secretary Paul Chan Mo-po revealed on Thursday. But he said ... ( read original story ...)
Greedy Hong Kong landlords lick lips over rental idea
So it sounds like it’s a serious idea, and may be coming for renters in the next financial year. Grass roots got more this year, Hong Kong finance chief says in defence of budget But, you know landlords in this town. They don’t like long leases and ... ( read original story ...)
Macau | BOC Macau branch to issue MOP5.08 billion worth in unsecured notes
The notes – to be denominated in Chinese yuan at fixed rates – will be traded on the Hong Kong Stock Exchange ... Fitch first rated BOC’s MTN programme ‘A’/’F1’ on December 9, 2013 – subsequently affirmed on May 23, 2017. ( read original story ...)
Hong Kong : Hong Kong attracts IPO of biotech firm backed by Bezos, Gates
Feb 28, 2018 (Euclid Infotech Ltd via COMTEX) -- Grail Inc, a cancer detection firm backed by the world's two richest men, is planning a Hong Kong initial public offering in a win for the city's attempts to draw biotech listings, people familiar with the ... ( read original story ...)
Grail, a US-Hong Kong Diagnostics Company, May Stage $500 Million Hong Kong IPO
Grail, a US spinout from Illumina that is developing blood-based cancer detection tests, is considering a $500 million Hong Kong IPO. Last year, Grail completed a $900 million Series B fundraising, the largest ever. In June, Grail merged with Cirina, a ... ( read original story ...)
Bezos-Backed Cancer Screening Startup Pursues Hong Kong for IPO
Details Of JSW-Aion’s Resolution Plan For Monnet Ispat When A Prime Minister Retains Office By Learning From Leader Of Opposition Mid-Cap IT: Growth, But At A Hefty Premium? HDFC To Launch Rs 1,900 Crore QIP This Week Earnings Can Double If Capex Is In ... ( read original story ...)
Citi’s Hong Kong chief, Weber Lo, quits to join non-financial firm
The Hong Kong head of banking giant Citi, Weber Lo, has resigned to join a non-financial firm, according to an internal email seen by the South China Morning Post. He will join a company in the Greater China region, according to Francisco Aristeguieta ... ( read original story ...)
Hong Kong bankers still shun the suburbs even as housing costs surge
a Hong Kong-based banking professional who has two children and is also the founder of The Private Placement Group. “We didn’t want to pay still-high rent in Kowloon for marginally more space, at the cost of being further away from Central.” ( read original story ...)
Man, 57, arrested over armed robbery of Bank of East Asia
According to officers, staff at the bank – which is located at 10 Des Voeux Road in Central – reported the robbery to police at 3.32pm after a man made off with HK$70,000 from a counter. Video footage showed the man wearing a black top during the ... ( read original story ...)
Hong Kong prepares boost to equity derivatives booking
You are currently accessing Central Banking via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our ... ( read original story ...)
Indian Overseas Bank repays $500 million bond
The funds were raised for business expansion and lending purposes in 2011 and 2012 from the bank’s Hong Kong branch. State-run Indian Overseas Bank (IOB) has repaid $500 million, which was raised as part of the second tranche of its medium-term notes ... ( read original story ...)
Higher Open Expected For Hong Kong Stock Market
BOC Hong Kong added 1.03 percent, China Mobile gained 0.68 percent, WH Group lost 0.66 percent, Hong Kong & China Gas fell 0.27 percent and New World Development was up 0.17 percent. There is no lead from Wall Street, which was closed in observance of the ... ( read original story ...)
Mild Upside Tipped For Hong Kong Stock Market
Hong Kong & China Gas advanced 0.40 percent, WH Group added 0.32 percent, China Life gave away 0.21 percent and BOC Hong Kong collected 0.13 percent. The lead from Wall Street is cautiously optimistic as stocks were firm for most of Thursday's trade before ... ( read original story ...)
ASIA MARKETS: Hong Kong Stocks Slide, Tracking Losses In Mainland China
HONG KONG (Feb 27) -- Hong Kong shares fell for the first time in ... Industrial & Commercial Bank of China (ICBC), China Construction Bank (CCB) and Bank of China (BOC) gave up 1.9%, 1.1% and 2.5%, respectively, dragging the Hang Seng China Enterprises ... ( read original story ...)