Tag: ipo

When Jack Ma criticised Hong Kong last month for having outdated stock market listing practices, the Alibaba founder hit the city where it hurts. Hong Kong’s rivalry with New York has only heightened since the billionaire chose the US for his ecommerce ... ( read original story ...)

while Bank of China Ltd. climbed 1.2 percent. The Hang Seng China Enterprises Index rallied 1.3 percent, paring its decline in December to 5.5 percent. Most of Hong Kong’s stock losses occurred in December as the U.S. projected a faster pace of interest ... ( read original story ...)

In its “Hong Kong Banking Outlook 2017” [PDF] report, the services giant cites soaring investment in the Fintech sector leading to the “rapid” development of the Fintech industry in Hong Kong. Blockchain technology is proving to be of particular ... ( read original story ...)

Want to get ahead in Asian banking next year? Ten senior finance professionals in Hong Kong and Singapore offer up their top tips. http://news.efinancialcareers.com/au-en/268921/banking-jobs-2016-hong-kong/ Are you planning to move jobs in Asian banking in ... ( read original story ...)

* Says board approves to set up branch in Hong Kong Source text in Chinese: bit.ly/2izdArO Further company coverage: (Reporting by Hong Kong newsroom) Next In Financials ( read original story ...)

Calvin Sit Natixis estimates revenue from Asian corporate and investment banking may grow 20 per cent this year as ... to add to the 600 people it employs in Asian markets including Hong Kong, China and Australia, he said. "We're doing a few things ... ( read original story ...)

HONG KONG: Total funds raised in the Hong Kong stock market have dropped to an eight-year low but the city still ranks top as the largest IPO market worldwide, according to data from Thomson Reuters. A combined total of just US$39.4 billion was raised in ... ( read original story ...)

The Hang Seng China Enterprises Index fell 1.5% this morning, dragged down by industrial stocks. China’s auto makers all tumbled. Geely (175.Hong Kong) led the decline, falling 5.6%. Guangzhou Auto (2238.Hong Kong) dropped 4.3%, while Great Wall Motor ... ( read original story ...)

The Hang Seng index slid 0.3 percent ... European stocks were little changed on Friday, although banks rose after Deutsche Bank and Credit Suisse settled investigations into U.S. mortgage securities sales, while Italy's government approved ... ( read original story ...)

What to watch Investors are turning their attention to the Bank of Japan’s policy decision on Tuesday ... Australia’s S&P/ASX 200 was up 0.7 per cent, while in Hong Kong the Hang Seng was down 0.7 per cent. China’s Shanghai Composite edged up ... ( read original story ...)

Elsewhere, Australia’s S&P/ASX 200 rose 0.1%, Korea’s Kospi edged up 0.3% and Hong Kong’s Hang Seng Index slipped 0.3%. “The equity market is fast... ( read original story ...)

Axis Bank (2.23 percent) and ONGC (1.20 percent ... The Shanghai Composite Index fell 0.9 percent to 3,110.15 and Hong Kong's Hang Seng retreated 0.3 percent to 21,574.76. Sydney's S&P-ASX 200 was off 0.3 percent to 5,627.90 and Seoul's Kospi declined ... ( read original story ...)

Metal shares fell in China with the benchmark Shanghai Composite Index down 1.08% at 31076.92, while Hong Kong 's Hang Seng Index traded 0.28% lower at 21574.76. As well, the yuan was up against the dollar after the People's Bank of China set a stronger ... ( read original story ...)

Top losers in the Sensex-30 pack: Cipla (down 2.6 per cent), Axis Bank (down 2.2 per cent), ICICI Bank (down ... While Japanese financial markets were closed today for a public holiday, Hong Kong's Hang Seng fell 0.28 per cent and Shanghai Composite ... ( read original story ...)