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The Biggest IPOs To Look Out For In China, Hong Kong This Year

Investors are preparing for one of the hottest IPOs in years—Snap’s $25 billion listing in New York. They should also keep on eye on some big debuts in Hong Kong and mainland China, the world’s top two IPO.....»»

Category: topSource: forbesFeb 7th, 2017

Macau gambling revenue rises 3.1 percent in January to $2.4 billion

HONG KONG (Reuters) - The world's biggest casino hub of Macau posted a 3.1 percent rise in gambling revenue in January as demand in China's only legal casino hub gained further steam after a more than two-year slump bottomed out in mid-2016......»»

Category: topSource: reutersFeb 1st, 2017

China H Shares Rally Most in Two Weeks on Improving Factory Data - Bloomberg

BloombergChina H Shares Rally Most in Two Weeks on Improving Factory DataBloombergChinese stocks in Hong Kong headed for their biggest gain since May 25 after two manufacturing readings jumped to two-year highs, boosting the outlook for the world's se.....»»

Category: topSource: googlenewsNov 1st, 2016

Hong Kong stocks suffer biggest fall in 2 months as property shares tumble

Late afternoon sell-off partly triggered by warnings over debt; property shares slump amid signs of sales slowdown in China.....»»

Category: topSource: business-standardOct 19th, 2017

Got it Covered: China"s First Online-Only Insurer Pops in Market Debut

Shares of China’s first online-only insurer rose strongly in its market debut in Hong Kong on Thursday, with ZhongAn Online P&C Insurance Co. providing a boost to what’s been a muted year for initial public offerings there......»»

Category: smallbizSource: wsjSep 28th, 2017

A private solution for China’s zombie company problem? Unlikely

HONG KONG (Reuters) - China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October......»»

Category: topSource: reutersSep 23rd, 2017

China"s Anbang, HNA had sights set on insurer Allianz: sources

HONG KONG (Reuters) - China's Anbang Insurance Group and HNA Group both considered buying into German insurer Allianz SE this year as part of plans to become global financial powerhouses, people with direct knowledge of the matter said......»»

Category: topSource: reutersSep 6th, 2017

Buyback and profit rise show progress as HSBC looks east

HONG KONG/LONDON (Reuters) - A third share buyback in a year by HSBC underlined progress in the turnaround plan for Europe's biggest bank, with profit also growing by 5 percent in the first half of 2017......»»

Category: topSource: reutersJul 31st, 2017

HSBC announces profit increase, share buyback in signs of turnaround

HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest bank......»»

Category: topSource: reutersJul 31st, 2017

Shake Shack to open Hong Kong location in prelude to China expansion

Shake Shack Inc., the burger-and-fries chain founded in New York, will open its first location in Hong Kong next year, setting the stage for a push into the fast-food hotbed of mainland China. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 12th, 2017

Asia Markets: Asian markets mixed as China-Hong Kong bond-trading link opens

Equity markets struggled to find direction in Asia as the second half of the year kicked off, tracking mixed signals from U.S. markets......»»

Category: topSource: marketwatchJul 3rd, 2017

These 15 photos show Hong Kong"s journey from British rule to today

ReutersHong Kong will celebrate the 20 year anniversary of its reunification with China following British rule this weekend. The city has a seperate political and economic system under the "one country, two systems" constitutional principle, which has.....»»

Category: topSource: businessinsiderJul 1st, 2017

DBS Group Holdings Ltd (SGX:D05) One Of Singapores Most Valuable Brands

DBS Group Holdings Ltd (SGX:D05) One Of Singapores Most Valuable Brands DBS says PH needs to guard against economic overheating DBS is maintaining China/Hong Kong as its key “overweight” market this year. Although the m.....»»

Category: topSource: livetradingnewsJun 13th, 2017

Colonial Hong Kong is victim of rapid expansion

With the 20 year anniversary of Hong Kong's return to China less than three weeks away some are reme.....»»

Category: videoSource: reutersJun 12th, 2017

Cathay Pacific to cut 600 jobs, including 190 management staff: SCMP

HONG KONG (Reuters) - Hong Kong's flagship carrier Cathay Pacific Airways Ltd is to sack nearly 600 staff in its biggest round of job cuts in 20 years, the South China Morning reported on Monday......»»

Category: topSource: reutersMay 21st, 2017

"Hot Money": Hong Kong Businessman Pays $2.5 Million For 18-Year-Old Romanian Model"s Virginity

There is so much excess liquidity in China that an 18-year-old Romanian model has agreed to sell her virginity to a "very friendly" - and generous - Hon.....»»

Category: blogSource: zerohedgeApr 4th, 2017

China"s cash controls loom over Hong Kong art bonanza

As one of Asia's premium art events takes place in Hong Kong, an urgent issue is simmering – how big an impact China's capital controls will be for dealers and exhibitors in the coming year. Farah Master is on the scene......»»

Category: videoSource: reutersMar 24th, 2017

Canada Joins China’s AIIB

The Asian Infrastructure Investment Bank said Thursday it has approved 13 applicants, including Canada, Hong Kong and Sudan, to join the China-led institution launched about a year ago, expanding its membership to 70. The new mem.....»»

Category: topSource: marketpulseMar 23rd, 2017

Exclusive: China"s LeEco, Tesla wannabe, to sell Silicon Valley site amid cash crunch - sources

HONG KONG (Reuters) - Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch......»»

Category: topSource: reutersMar 17th, 2017

China-HK Bond Connect link to open by year-end

Move to let international traders access mainland bond market via Hong Kong accounts.....»»

Category: marketSource: ftMar 15th, 2017

HSBC names AIA"s Tucker as chairman in break with past

HONG KONG/LONDON (Reuters) - HSBC broke with tradition by choosing outsider Mark Tucker to replace Douglas Flint as chairman later this year, handing the AIA Group boss the task of selecting a new chief executive for Europe's biggest bank in 2018......»»

Category: topSource: reutersMar 13th, 2017