HONG KONG, April 30- As Alibaba.com prepared for its Hong Kong IPO in late 2007, details of the deal emerged in local media, much to the frustration of Michael Yao, the company's top financial adviser.
Sharnie Wong, Asia Banks Analyst, Barclays explains why she is overweight on HSBC and Bank of China Hong Kong.
China’s largest state-owned banks are moving big chunks of their European business to Luxembourg as they seek to escape tougher regulation in the City of London. The FT reports.
and HSBC, two major banks in the offshore yuan market, have raised yuan deposit rates in Hong Kong, amid increasing competition to attract more yuan funds and maintain market share.