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Singapore Dim Sum Debt Planned as Yuan Clearing Spreads
HSBC Holdings Plc (HSBA) and DBS Group Holdings Ltd. are planning the first-ever sales of yuan-denominated bonds in Singapore as the city competes with Hong Kong and Taiwan as an offshore hub for the currency. HSBC, Europe's largest bank, will manage an offering by its Singapore branch of the securities, a person familiar with the matter said today, asking not to be identified because ...
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Hong Kong stocks swing
May 24 (Bloomberg) -- Hong Kong stocks swung between gains and losses after yesterday falling the most in seven weeks. Developers slid and Lenovo Group Ltd. surged after saying it’s seeking acquisitions to boost smartphone and tablet businesses. The Hang Seng Index slid 0.2 percent to 22,621.59 as of 1:39 p.m. in Hong Kong, with about the same number of stocks falling as rising. The ...
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Hang Seng falls by break
(43 mins ago) Stocks in Hong Kong were down 0.20 percent by the break after heavy losses the previous day on weak Chinese data and signs the US could soon scale back massive stimulus measures. The benchmark Hang Seng Index fell 45.47 points to 22,624.21 on turnover of HK$26.50 billion.-- ...
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Citibank Launches Citi Prestige Card in Hong Kong
Citi's first global credit card delivering premium benefits around the world and rewarding cardholders based on their relationship with the Bank HONG KONG, May 24, 2013 /PRNewswire/ -- Citibank Hong ...
Hong Kong Feature
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Electoral reform hot topic for Hong Kong
Hong Kong is going through more growing pains, perhaps even the most uncomfortable since the city was handed back to Beijing by Britain. Pro-democracy advocates want to be able to vote for the entire legislative council, a direct challenge to Beijing.
Hong Kong was handed back to China in 1997. At that time, Beijing made an agreement with Britain that under a law called the Basic Law, all the civil liberties which were existent in Hong Kong at the time of the hand over would remain in place for at least 50 years, by which time it is envisioned, by the pro-democracy camp at any rate, that the Special Administrative Region will be fully democratic at any rate. Read more
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