Hong Kong has the most expensive market for office real estate, according to a recent report.
Investment bankers in Hong Kong are catching biotech fever.
The Hong Kong Stock Exchange is a hot spot for attracting the initial public offerings of some of the largest companies in the world.
Standard Chartered plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market bank’s extensive network and reduce costs, people familiar with the plan said.
Sad to report.
When Patrick Sinclair and his husband, Marty Forth, moved to Hong Kong, they took a step back in time. Hong Kong doesn’t recognize same-sex marriage or civil partnerships.
The enforcement chief of Hong Kong’s securities regulator said some sponsors of initial public offerings in the city have been “extremely reckless,” signaling more penalties to come after the regulator slapped a ban on UBS’s local unit this month.
UBS has told staff that it is “business as normal”, after the Swiss bank revealed on Friday it is fighting an 18-month suspension in Hong Kong from leading initial public offerings (IPOs).
Hong Kong’s securities regulator has blocked UBS from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released on Friday, adding it planned to appeal against the decision.
Standard Chartered Bank said Tuesday its 2017 underlying pre-tax profit jumped to $3.01 billion — handily beating estimates thanks to rising interest rates and efforts to streamline operations.