Hong Kong regulator SFC freezes money related to Ponzi scheme

Hong Kong’s Securities and Futures Commission has obtained a court order to freeze about HK$2.66 million (US$340,000) in the bank accounts of Heriberto C. Perez Valdes in connection with a suspected Pyramid and Ponzi scheme, the regulator said in a ... ( read original story ...)

Hong Kong Brokers See Election as Chance to Kill IPO Overhaul

Hong Kong brokerages have called on candidates for the city’s top job to ditch a planned overhaul of how initial public offerings are screened, trying to kill efforts that have been backed by international investors including BlackRock Inc. The lobbying ... ( read original story ...)

Big brokerage IPO requires faith in Chinese reform

HONG KONG (Reuters Breakingviews ... Shares in recently listed peers Orient and Everbright, for example, trade below their IPO price and underperform the benchmark Hang Seng Index. On the other hand, heavyweights like Haitong Securities, which listed ... ( read original story ...)

Tech IPO Goes on a Wild Ride in Hong Kong

Snap Inc., the hot then very cold IPO, could only dream of performing as well as Meitu, the maker of popular selfie apps in China. At least on the good days. Meitu, like its U.S. counterpart, is newly listed and unprofitable. The difference is Snap’s ... ( read original story ...)

Seven Hong Kong banking jobs that all pay over $2m a year

You want to make big money in Hong Kong banking. Here’s where to work. http://news.efinancialcareers.com/hk-en/276659/compliance-private-banker-asia/ In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you ... ( read original story ...)