Tag: ipo

HONG KONG, Aug 25 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) posted first-half net profit that more than trebled on Friday, due to a drop in loan impairment losses and operational expenses, as well as a surge in interest income. Net profit was ... ( read original story ...)

Hong Kong’s top financial executives are embracing automation in the workplace and urging employees to enhance their problem-solving skills and adapt as machines replace manual duties, a survey has found. Recruitment consultancy Robert Half polled 100 ... ( read original story ...)

Hong Kong has failed to secure a spot in the top 10 league table for funds raised from IPOs of technology companies worldwide, which surged three times to US$18.87 billion in the first eight months of the year. According to Thomson Reuters data, Hong Kong ... ( read original story ...)

Former HSBC chairman Michael Sandberg was in charge of the bank at a crucial time – when mainland China was opening up and as Sino-British talks on Hong Kong’s future were under way. Sandberg died in his London home on July 2 at the age of 90. ( read original story ...)

Your search could be tougher than you think. http://news.efinancialcareers.com/hk-en/292772/corporate-banking-salary-bonus-hong-kong/ If you’re looking for a new role as a corporate banker in Hong Kong, you face a rapidly changing job market in 2017. ( read original story ...)

There has been a rise in withdrawals at Hong Kong’s ATMs by banking clients using China UnionPay bank cards following Macau’s adoption of facial recognition technology at ATMs in May, according to a report by South China Morning Post. The increasing ... ( read original story ...)

Cofco Womai, an online food products retailer backed by the Cofco Group and Chinese internet giant Baidu, is seeking as much as $600m from a Hong Kong IPO. The company filed a listing application with the city’s bourse on Monday through sponsors China ... ( read original story ...)

Hong Kong's benchmark index provider is at a turning point. European regulations that take effect in January will test its ability to remain relevant. Hang Seng Indexes Co. is already behind the curve. The company, owned by Hang Seng Bank Ltd., said last ... ( read original story ...)

Hong Kong's benchmark index provider is at a turning point. European regulations that take effect in January will test its ability to remain relevant. Hang Seng Indexes Co. is already behind the curve. The company, owned by Hang Seng Bank Ltd., said last ... ( read original story ...)

http://news.efinancialcareers.com/au-en/292842/hsbc-asia-digital-banking-jobs/ Employers in the finance sector in Hong Kong increasingly need to hire more technologists. But getting the right tech talent on board is far from straightforward. This year ... ( read original story ...)

Food giant COFCO is planning a Hong Kong initial public offering (IPO) for its money-losing e-commerce unit as part of a broader move to separately list its many different businesses to better differentiate them for investors. The listing would see state ... ( read original story ...)

Would you leave the likes of UBS and Citi to join Bank of China? These people would. http://news.efinancialcareers.com/hk-en/292436/corporate-bankers-hong-kong/ Large Chinese banks have traditionally grown their own talent and found it difficult to lure ... ( read original story ...)

Hong Kong’s finance chief and his wife found themselves back in a legal battle on Monday over whether they recklessly defamed two schoolchildren, after the city’s top court gave the green light to the twins and their father to pursue a last-ditch appeal. ( read original story ...)

The large banks in Hong Kong are some of the most profitable in the world, partly due to their low costs, according to industry experts. Banking analysts say this is partly a result of market fundamentals, but also comes down to cost control decisions ... ( read original story ...)