HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the ...
Hong Kong’s New Residency Scheme Seeks To Attract Global Talent And HNWIs
As global investors seek stability amid uncertainty, Hong Kong's New Capital Investment Entrant Scheme offers high net worth individuals unparalleled investment opportunities through a streamlined ...
Chinese cosmetics firm Mao Geping set to price shares at top of range in Hong Kong IPO, source says
By Scott Murdoch SYDNEY (Reuters) -Chinese cosmetics firm Mao Geping is set to price its shares at top of the price range to raise $270 million in a Hong Kong initial public offering, according to a ...
Hong Kong Shares May Bounce Higher On Thursday
The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had collected almost 380 points or 2 percent.
How Citigroup’s Firing of Asia Equity Sales Traders Is Haunting the Bank Years Later
Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...
Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.
HSBC relocates biz dev office at Chittagong EPZ
Limited in Bangladesh has recently opened its newly relocated Business Development Office (BDO) at the Chattogram Export Processing Zone (CEPZ). It arranged an exchange session with customers, which ...
StanChart to hire more wealth managers in Hong Kong, Singapore under US$1.5 billion plan
Standard Chartered will hire more relationship managers in Hong Kong, Singapore and the United Arab Emirates (UAE) as part of a five-year plan to oversee an additional US$200 billion of new money from ...
BOC Hong Kong Posts Strong Q3 2024 Financial Growth
BOC Hong Kong (Holdings) (HK:2388) has released an update. BOC Hong Kong (Holdings) Limited reported a strong financial performance in the third quarter of 2024, with a 10.7% increase in net ...
Profit Taking May Dent Hang Seng’s Upside On Wednesday
The Hong Kong stock market has climbed higher in three straight sessions, collecting almost 380 points or 2 percent along the way.
Hong Kong’s Water World lost HK$200 million last financial year, Ocean Park chairman says
Lawmaker Michael Tien grills chairman Paulo Pong over deficit, calling for government to take over management of Water World facility.
Hong Kong IPO Market to Rally Next Year, Mainland Listings to Stay Stable, Ernst & Young Says
(Yicai) Dec. 3 -- Hong Kong’s initial public offering market will rebound next year, and could return to the top tier of global rankings, while listings on the mainland stock markets will stay stable ...
HKMA’s Money Safe plan set to safeguard Hongkongers’ bank balances from fraud
Additional verification procedures will be necessary to transfer locked-up funds when banks roll out the optional tool next year.
Makeup Artist Mao Geping Close To Becoming A Billionaire Ahead Of Hong Kong IPO
The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.