HONG KONG: Hong Kong stocks followed Asian markets lower on Thursday, with sentiment hurt by Federal Reserve Chair Janet Yellen’s hints that the pace of U.S. interest rate hikes could accelerate. The benchmark Hang Seng index dropped 0.2 percent ... ( read original story ...)
Can Hong Kong Stocks Rally Despite China Chill?
Investors in Hong Kong stocks will need a deft hand in 2017 if they’re to successfully navigate the challenges of slower Chinese growth and growing political tensions ahead of the election of the financial hub’s new leader in March. ( read original story ...)
Bank of Canada's Poloz to wait and watch for ‘things that go Trump in the night’
Brian DePratto, Toronto-Dominion Bank Global markets are mixed so fa. Tokyo’s Nikkei gained 0.4 per cent, Hong Kong’s Hang Seng 1.1 per cent, and the Shanghai composite 0.1 per cent. In Europe, London’s FTSE 100 was up 0.1 per cent by about 7:35 ... ( read original story ...)
HK stocks end lower ahead of Trump inauguration
Hong Kong's Hang Seng Index fell 0.7 percent to 22,885. The Shanghai Composite Index rose 0.7 percent to 3,123 and the Shenzhen Composite Index jumped 1.5 percent to 1,885. Mainland markets were cheered by figures showing that the mainland's economy grew a ... ( read original story ...)
Hong Kong stocks retreat as Fed’s Yellen says more US rate rises ‘make sense’; mainland shares up on liquidity injection
Hong Kong stocks retreated from the 23,000 threshold on Thursday ... during morning trading thanks to a continuous liquidity injection from the central bank. The Hang Seng Index shed 0.59 per cent or 136.27 points to 22,961.99 at the lunchtime break ... ( read original story ...)
Hong Kong's former finance chief confirms run for top job
HONG KONG Hong Kong's respected former financial secretary John Tsang on Thursday confirmed his intention to run for the Asian financial hub's top job in March, at a time of growing political tension and anti-China sentiment. "I have big dreams," said ... ( read original story ...)
Hong Kong Regulator Sues Standard Chartered, UBS Over Timber IPO
Hong Kong’s securities regulator has filed a lawsuit against Standard Chartered Plc, UBS Group AG and audit firm KPMG LLP over an initial public offering by China Forestry Holdings Co. in 2009. The Securities and Futures Commission’s claim relates to ... ( read original story ...)
Hong Kong in Fiji preparing for Singapore leg of the HSBC World Sevens Series and qualifier
SINGAPORE, 17 Jan 2017 – The 2017 HSBC Singapore Rugby Sevens will see the participation of two top Asian sides as Hong Kong is confirmed as the wild card team. In Singapore, Hong Kong will line up alongside 15 other ‘core’ teams, including their ... ( read original story ...)
Hang Seng Rises 1.1%: Morgan Stanley Turns Bullish On Hong Kong Banks
The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)
Hang Seng Rises 1.2%: Morgan Stanley Turns Bullish On Hong Kong Banks
The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)
Bank of China (Hong Kong), China Mobile International and China Mobile Hong Kong Signed Strategic Cooperation …
HONG KONG, Jan. 17, 2017 /PRNewswire/ -- Bank of China (Hong Kong) Limited ("BOCHK"), China Mobile International Limited ("CMI") and China Mobile Hong Kong Limited ("CMHK") jointly announced that the three corporations have signed a comprehensive strategic ... ( read original story ...)
Hong Kong regulator sues StanChart, UBS, KPMG, others over China Forestry IPO
HONG KONG (Reuters) - Hong Kong's securities regulator has filed a suit against Standard Chartered Plc , UBS Group AG and four other parties over the 2009 IPO of timber company China Forestry Holdings Co Ltd , according to court documents. ( read original story ...)
BOC HONG KONG : Bank of China (Hong Kong), China Mobile International andChina..
Bank of China (Hong Kong), China Mobile International and China Mobile Hong Kong Signed a Comprehensive Strategic Cooperation Agreement Partnership aiming to provide optimal products and service experience for customers by leveraging the strengths of the ... ( read original story ...)
Hong Kong investment banks brace for shocks as competition intensifies
Competition is intensifying for investment banks in Hong Kong with global economic uncertainty shadowing one of the world’s largest initial public offering markets, an executive at a state-owned investment bank says. Although the city was ranked global ... ( read original story ...)