The broad gauge Hang Seng rose 510.66 or 1.76% to 29,562.02, as gaining issues outnumbered losers 48 to one. Leading the upside were Bank of China, Hong Kong (2388:HK), up 6.5%, followed by Macau ... ( read original story ...)
Former Hong Kong Financial Secretary John Tsang joins virtual insurer Bowtie as a senior adviser
Former Financial Secretary and Chief Executive hopeful John Tsang Chun-wah has joined Hong Kong’s first virtual insurer, Bowtie Life Insurance, as a senior adviser. Analysts said the appointment of a ... ( read original story ...)
All banking eyes on Hong Kong
Australian bankers were thick on the ground at the Credit Suisse Asian Investment Conference in Hong Kong last week, despite a double booking created by the Canberra inquisition of ANZ’s Shayne ... ( read original story ...)
Week In Review: CanSino Nears $1 Billion Valuation Following Hong Kong IPO
Transcenta Holding announced that its HJB subsidiary in-licensed China rights to a portfolio of novel bone disease biotherapeutics from Eli Lilly. Medtronic, a medical device maker, has launched ... ( read original story ...)
Hong Kong Stocks Enter Bull Market After Best Quarter Since ’09
(Bloomberg) -- Hong Kong’s equity traders can finally join their onshore counterparts in celebrating a bull market. The Hang Seng Index jumped 1.8 percent Monday, closing above the 29,502.64 level ... ( read original story ...)
Is There Now An Opportunity In Dah Sing Banking Group Limited (HKG:2356)?
Dah Sing Banking Group Limited (HKG:2356), operating in the financial services industry based in Hong Kong, saw significant share price movement during recent months on the SEHK, rising to highs ... ( read original story ...)
Hong Kong’s virtual banks aim to put the city back on top
In what is a huge step, Hong Kong issued three virtual banking licences to three joint ventures last week. Among the first batch is Livi VB, which is owned by Bank of China Hong Kong, JD Digits... ( read original story ...)
Hong Kong Stocks Set for Bull Market After Best Start Since ’09
The Hang Seng Index surged as much as 1.8 percent ... Burned by last year’s rout, investors have slowly come back to Hong Kong, encouraged by surging risk appetite in China, a dovish shift in ... ( read original story ...)
Hong Kong Sevens 2019: watch the 10 best Sevens TV commercials of all-time
Everyone loves a good commercial, and the Cathay Pacific/HSBC Hong Kong Sevens have produced some brilliant ones over the years. From rugby playing flight attendants to classic soundtrack choices and ... ( read original story ...)
Hong Kong’s Art Central fair — political commentary and accessible prices
Her mission at Art Central — the only major satellite fair to Art Basel Hong Kong, which opened this week — is to replicate the bowl pictured on the front of an instant noodle packet, ubiquitous fare ... ( read original story ...)
Hong Kong’s Securities and Futures Commission warns about risks associated with STOs
Hong Kong’s Securities and Futures Commission ... an intermediary should at the very least scrutinise “the background and financial soundness of the management, development team and issuer ... ( read original story ...)
As IPO flood recedes, Asia bankers bet on follow-on capital raising
After a blockbuster IPO year for Asia in 2018, led by Hong Kong that hosted deals worth $36.3 billion - its best year in eight - 2019 is expected to be much slower. “Some drivers of last year, such as ... ( read original story ...)
Hong Kong stocks up for 3rd month
SHANGHAI, March 29 (Reuters) - Hong Kong stocks closed higher on Friday to log their third monthly gain, tracking gains in mainland as investors cheered Beijing’s pledge to further liberalise ... ( read original story ...)
Hong Kong defends dollar peg again in $500m intervention
The Hong Kong dollar is managed in a narrow band of HK$7.75 to HK$7.85 to the US dollar. Its peg to the greenback, established in 1983, is considered the bedrock of the territory’s financial stability ... ( read original story ...)