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Asia Top News and Analysis Hong Kong


  • Richard Li Secures ING Insurance Units Thursday, 18 Oct 2012 | 5:55 AM ET
    Richard Li Secures ING Insurance Units

    Richard Li has won the race to buy the Hong Kong and Thailand operations of ING’s insurance business for more than $2 billion, according to people close to the process, leaving the Dutch group with just its Korean and Japanese operations to sell in Asia. The FT reports.

  • China Property Curbs Relaxed at Municipal Level: Pro Wednesday, 17 Oct 2012 | 9:40 PM ET
    China Property Curbs Relaxed at Municipal Level: Pro

    Du Jinsong, Head of Asia Property Research, Credit Suisse says the central government in China has been clamping down on the property sector but this is not the case at the local level. He gives his top pick for the real estate market.

  • Singapore: The Next Finance Destination? Monday, 15 Oct 2012 | 8:10 PM ET
    Singapore: The Next Finance Destination?

    Anthony Scaramucci, Managing Partner, SkyBridge Capital thinks Singapore will be known as one of the central arteries of the global financial system in 25 years. He adds there will be a migration of private banking into this area.

  • Hong Kong is Second to China in Asia Pacific Hiring Intentions

    Tony Pownall, General Manager, Hudson Hong Kong discusses employment trends in Asia. He explains why job seekers globally focus on Hong Kong's financial services, particularly on productivity, despite the sector's low hiring intentions.

  • Hong Kong's IPO Market in 'Deep Recession': Pro Wednesday, 3 Oct 2012 | 11:35 PM ET
    Hong Kong's IPO Market in 'Deep Recession': Pro

    Francis Lun, Managing Director at Lyncean Holdings says Hong Kong's IPO market is in a deep recession, hurt by a slump in China and the euro zone. He adds the market's recovery will be slow.

  • New Wave of Job Losses to Hit Banking Sector: Expert Friday, 21 Sep 2012 | 10:13 AM ET

    The move by Bank of America and Nomura to shed large numbers of jobs is just scratching the surface of a redundancy wave that is set to hit the banking sector, Simon Maughan, financials sector strategist at Olivetree Financial Group, told CNBC on Friday.

  • Tamminen: Wars Over Oil Yield No Winners Tuesday, 18 Sep 2012 | 5:53 PM ET
    City skyline and modern construction, Ho Chi Minh City, Vietnam.

    We're not talking about the Persian Gulf. It's the South China Sea where China and Vietnam are on a collision course that could result in higher commodity prices and far worse.

  • Just as the rag tag tents and moldy sofas of the 10-month-old Occupy Hong Kong movement at the HSBC building in Hong Kong are being moved out, a new sit-in erupted in past days – the Occupy Tamar protest involving around 8,000 people surrounding Government Offices in Central has gone into its 6th day.

  • A Polar Adventure in Hong Kong Friday, 31 Aug 2012 | 5:20 AM ET
    A Polar Adventure in Hong Kong

    Penguins are some of the newest inhabitants of Hong Kong's Ocean Park as part of the marine park's efforts in scaling up the world ranks of theme parks. Tom Mehrmann, CEO, Ocean Park discusses the details of this multi-million dollar revamp.

  • Is Malaysia’s IPO Boom Overhyped? Monday, 27 Aug 2012 | 12:34 AM ET

    Malaysia is marking itself out as the IPO destination to beat this year with a string of billion-dollar-plus deals. Impressive, for sure, but don’t take the booming IPO market as a sign that Malaysia is poised to become a regional financial hub, experts say.

  • citic_200.jpg

    Shares of Shanghai-listed Citic Securities, China’s largest brokerage firm, fell by 9.1 percent on Monday after rumors the company had suffered a large 2.9 billion yuan ($460 million) loss on overseas trading. But a spokesperson for the company denied the rumors.

  • Asia Pacific Banks Expanding Their Presence Monday, 30 Jul 2012 | 8:40 PM ET
    Asia Pacific Banks Expanding Their Presence

    Ritesh Maheshwari, MD, Financial Services Ratings for Asia-Pacific, Standard & Poor's discusses how Asia Pacific banks are expanding their presence in the region.

  • LME Deal ‘Potential Disaster’ for Hong Kong Exchange Wednesday, 25 Jul 2012 | 11:57 PM ET
    Traders sit at their desks at the Stock Exchange in Hong Kong.

    London Metal Exchange shareholders voted on Wednesday to accept the $2.2 billion takeover offer by Hong Kong Exchanges and Clearing (HKEx), which will give the commodities trading platform further access to China, but one analyst says the deal is “a potential disaster” for the Hong Kong Exchange.

  • Global Firms in China Upbeat on Hiring: Hudson Survey Tuesday, 24 Jul 2012 | 5:34 AM ET

    This may not be the best time to look for a job, but in China employment prospects seem bright with multinational corporations (MNCs) looking to increase staff even as the global economic uncertainty forces firms across Asia to hold back, says a survey published Tuesday.

  • hk-property-new_200.jpg

    Last year, the Honduran Congress passed a constitutional amendment allowing for the creation of special development regions. In theory, they would function as semi-autonomous city-states with their own governing charters and a degree of foreign oversight, the global Post reports.

  • Are the Boom Days for Hong Kong Property Over? Tuesday, 24 Jul 2012 | 2:31 AM ET

    Hong Kong’s residential property market, which has seen dramatic price gains over the past decade because supply has not kept up with demand, is set for a slowdown as the new administration comes good on its pledge to increase land supply for housing, says an industry expert.

  • HSBC Will Settle Money Laundering Case Soon: Pro Monday, 16 Jul 2012 | 9:35 PM ET
    HSBC Will Settle Money Laundering Case Soon: Pro

    Dickie Wong, Executive Director, Kingston Securities thinks the money laundering case against HSBC will place short term pressure on its share price, but he says the stock has room to pull back. He sees a settlement of the case as soon as the end of this month.

  • The Sun Hung Kai Centre building in Hong Kong, China

    News that Sun Hung Kai’s billionaire co-chairmen have been charged for bribery has cast a pall over the stock and prompted a downgrade from Barclays on Monday, as investors continue to weigh the extent of the fallout from the scandal on Asia's largest developer.

  • Old Master Q At 50 Friday, 13 Jul 2012 | 5:20 AM ET
    Old Master Q At 50

    What is the secret of a cartoon character that has been around for half a century? Old Master Q turns 50 this year and continues to be a popular read among many. We meet the son of the creator and the current artist behind the famous series, Caricaturist, Joseph Wong.

  • Dollar Sags, Spain Plans More Belt Tightening Wednesday, 11 Jul 2012 | 8:11 AM ET

    Fed meeting minutes are looming and Spain has a new austerity plan — it's time for your FX Fix.