HSBC Investdirect: Trading on the Hong Kong Stock Exchange
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
List of Contents the Year 2002 in Review Major Events of Hong Kong
List of Contents The year 2002 in review Major events of Hong Kong securities market 2002 Market highlights Cash market - Main board Cash market - Growth enterprise market (GEM) Derivatives market Clearing statistics Exchange participants The investing community Hong Kong stock market historical events Appendices The Year 2002 in Review The Year The Year 2002 in Review The Hong Kong economy remained weak in 2002 but trade figures began to turn around in the second half of the year. Benefiting from the weakening US dollar and strong demand in the Mainland of China, Hong Kong’s total exports regained double-digit growth over a year earlier in the third quarter of 2002. The seasonally adjusted unemployment rate also fell from its historical peak of 7.8% in July 2002 to 7.2% in December 2002. However, the domestic sector remained sluggish in both investment and consumer spending. The latest economic forecast suggests a 2% growth in real terms of GDP and a 3% decline in the Composite Consumer Price Index for 2002. The trading performance of the Hong Kong securities and futures markets further weakened during the year. Hang Seng Index fell 18.2% from the previous year to end at 9,321.29. The average daily turnover of the Main Board also declined to HK$6,474 million, 19.3% less than that in 2001. The GEM Index ended at 110.4 at end of December 2002, representing a decrease of 44.6% from the previous year. The average daily turnover of the GEM improved slightly to HK$178 million in 2002, an increase of 9.9% from 2001. -
Hong Kong's Role in China's Financial Reform
The LEXIS PRACTICE ADVISOR Journal TM WINTER 2015 / 2016 www.lexispracticeadvisor.com Start your free trial today 300+ 11 900+ LEXISNEXIS.COM/FINISH-BIG OR CALL 800.628.3612 ATTORNEY PRACTICE SEARCHABLE AUTHORS AREAS DEAL POINTS Contents WINTER 2015 / 2016 PRACTICE NEWS PRACTICE PROJECTIONS 4 A BRIEFING ON EMERGING ISSUES 35 DUE DILIGENCE IN LIFE SCIENCES IMPACTING TRANSACTIONAL PRACTICE MERGERS & ACQUISITIONS Business & Commercial, Banking & Finance, Labor & Mergers & Acquisitions Employment, Securities & Capital Markets, Real Estate 46 “REGULATION A-PLUS” LIMITED PUBLIC PRACTICE NOTES OFFERINGS UNDER SECURITIES ACT 10 UNDERSTANDING THE NLRB’S SECTION 3(B)(2) POSITIONS ON REGULATING Securities & Capital Markets EMPLOYEES’ SOCIAL MEDIA USAGE Labor & Employment 52 FDA RELEASES FIRST TWO RULES UNDER THE FOOD SAFETY MODERNIZATION ACT 18 CONFIDENTIALITY, NONDISCLOSURE Business & Commercial & SECRECY AGREEMENTS IP & Technology PRACTICE POINTERS 56 DRAFTING AND NEGOTIATING EFFECTIVE PRACTICE TRENDS CLOUD COMPUTING AGREEMENTS 24 CHALLENGES OF TAXING IP & Technology THE SHARING ECONOMY Tax 66 DRAFTING ADVICE: DEVELOPING SOCIAL MEDIA POLICIES 28 CARSHARING GETS EASY Labor & Employment REGULATORY RIDE Business & Commercial JURISDICTIONAL PRACTICE 69 MANAGERS, AGENTS & ATTORNEYS PRACTICE PROFILE California Business & Commercial 31 A VIEW OF ASSET-BASED LENDING GLOBAL PRACTICE WITH DAVID W. MORSE, BANKING & FINANCE CHAIR, OTTERBOURG PC 75 HONG KONG’S ROLE IN CHINA’S FINANCIAL Banking & Finance REFORM - THE ERA OF THE “NEW NORMAL” Banking & Finance -
ANNUAL REPORT 2016/17 5-Year Financial Summary
HOPEWELL HOLDINGS LIMITED Stock Code: 54 ANNUAL 2016/17 REPORT 64th Floor, Hopewell Centre 183 Queen’s Road East A Wan Chai, Hong Kong N N Tel: (852) 2528 4975 U A Fax: (852) 2861 2068 L REPORT www.hopewellholdings.com 2 0 1 6 / 1 7 Hopewell Holdings Limited, a Hong Kong-based group listed on the Stock Exchange since 1972 (stock code: 54). The Group has continuously grown and become one of the leading business conglomerates in Hong Kong. The Group is actively engaged in property development and investment, highway infrastructure, power, hotel & hospitality and other businesses. While achieving substantial long term growth, the Group recognises the vital importance of promoting sustainable development. It devotes significant resources to enhance corporate governance, promote environmental protection, make community investment, instill best workplace practices and engage stakeholders. CONTENTS 2 Financial Highlights 3 5-Year Financial Summary 4 Chairman’s Statement 10 Awards & Recognition 12 Profile of Directors 21 Management Discussion and Analysis 21 Business Review 59 Financial Review 68 Others 69 Highlights of Sustainability Report 71 Corporate Governance Report 89 Report of the Directors 101 Independent Auditor’s Report 107 Consolidated Statement of Profit or Loss and Other Comprehensive Income 108 Consolidated Statement of Financial Position 110 Consolidated Statement of Changes in Equity 111 Consolidated Statement of Cash Flows 113 Notes to the Consolidated Financial Statements 113 Company’s Statement of Financial Position 114 Notes -
Special Award Title Sponsors
Special Award Title Sponsors Chow Tai Fook Jewellery Group Limited (Excellence in Use of Data) Citibank (Hong Kong) Limited (Excellence in Innovation) Manulife (International) Limited (Excellence in Social Media Marketing) McDonald’s Hong Kong (Excellence in Branding) Tai Hing Group Holdings Ltd. (Excellence in Marketing Collaboration) China Tonghai International Financial Ltd (Excellence in Customer Insights) Corporate Sponsors American Express International, Inc. AXA Hong Kong and Macau CLP Power Hong Kong Limited Eu Yan Sang (HK) Limited Fantastic Natural Fuji Photo Products Cosmetics Limited Company Limited The Hong Kong and Hong Kong Economic Times China Gas Company Limited HKT Limited MTR Corporation PrimeCredit Limited SKECHERS Hong Kong Limited The Standard Supporting Organizations The Hong Kong Advertisers Metro Finance Association Sales and Marketing Digital Marketing Community Executives Club CAMPAIGN AWARDS SPECIAL AWARD TITLE SPONSORS CHOW TAI FOOK EXCELLENCE IN USE OF DATA About Chow Tai Fook Jewellery Group Chow Tai Fook Jewellery Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011. The Group’s vision is to become the most trusted jewellery group in the world. Founded in 1929, the Group’s iconic brand “CHOW TAI FOOK” is widely recognised for its trustworthiness and authenticity, and is renowned for its product design, quality and value. The Group’s differentiation strategy continues to make inroads into diverse customer segments by catering to a bespoke experience for different lifestyles and personalities, as well as customers’ different life stages. Offering a wide variety of products, services and channels, the Group’s brand portfolio comprises the CHOW TAI FOOK flagship brand with curated retail experiences, and other individual brands including HEARTS ON FIRE, ENZO, SOINLOVE and MONOLOGUEs. -
Geely Auto Alert
Deutsche Bank Markets Research Rating Company Date 4 March 2015 Hold Geely Auto Alert Breaking News Asia China Reuters Bloomberg Exchange Ticker Price at 4 Mar 2015 (HKD) 3.31 Automobiles & 0175.HK 175 HK HKG 0175 Price target - 12mth (HKD) 2.95 Components ADR Ticker ISIN 52-week range (HKD) 3.61 - 2.44 GELYY US36847Q1031 HANG SENG INDEX 24,703 Disposal of manual transmission Vincent Ha, CFA Research Analyst business (+852) 2203 6247 To stay focused on core auto manufacturing operation [email protected] Geely announced after today’s market close that the company will sell its manual transmission manufacturing operation to Zhejiang Wanliyang Stock data Transmission (002434.SZ, RMB19.36, Not Rated), an auto part supplier for RMB300m, 1.13x December 2014 NAV. After the completion of the sale, Geely Market cap (HKDm) 29,133 expects to probably realize RMB35m disposal gain, and will procure manual Market cap (USDm) 3,757 transmissions from Wanliyang at least until December 2018. Shares outstanding (m) 8,801.4 Major shareholders Zhejiang Geely According to Geely, the manual transmission business disposal is in line with Hldg (45%) the company’s strategy of streamlining its business to be focused on Free float (%) 57 automobile manufacturing. To recap, Geely also sold its automatic Avg daily value traded 18.8 transmission business back to its parent Zhejiang Geely in FY14 for similar (USDm) reason. Source: Deutsche Bank We do not see a material long-term impact on Geely’s operations or financials Key data from the subject business sale other than for less inter-segmental revenue. -
Hsi Total Return Index Futures Hscei Total Return Index Futures
HSI TOTAL RETURN INDEX FUTURES HSCEI TOTAL RETURN INDEX FUTURES September 2018 INTRODUCTION In stock investing, the return and risk profile for investors has two components: stock price appreciation and dividend. The conventional stock Index futures such as the Hang Seng Index (HSI) futures and Hang Seng China Enterprises Index (HSCEI) futures are risk management tools based on an index calculated from prices of constituent stocks only. The introduction of total return index (TRI) futures by Hong Kong Exchanges and Clearing Limited (HKEX) aims to meet the trading and risk management needs of investors who adopt a total return strategy. TRI futures are based on an index calculated by assuming the cash dividends of constituent stocks are re-invested into the index’s portfolio according to their respective market capitalisation weightings. The Hong Kong Futures Exchange Limited (HKFE) is offering four TRI futures contracts: • Hang Seng Index (Gross Total Return Index) Futures (HSIGTRI Futures) • Hang Seng Index (Net Total Return Index) Futures (HSINTRI Futures) • Hang Seng China Enterprises Index (Gross Total Return Index) Futures (HSCEIGTRI Futures) • Hang Seng China Enterprises Index (Net Total Return Index) Futures (HSCEINTRI Futures) USAGES OF TRIS Due to the unique nature of indexing, TRIs are widely used by fund managers, actuaries and financial advisers to measure their index-based performances in equity funds and pension funds, as price indexes fail to capture the dividend income of the equity funds over time. TRIs are commonly used as the underlying index of equity total return index swaps traded in the over-the-counter (OTC) market among banks, insurance companies and investment funds, which enable users to realise the economic benefits of ownership of shares – price appreciation and dividend return – without the cost of capital outlay and expense of the consequences of ownership, such as custodian arrangements and regular reconciliations. -
Is There a January Effect in the Greater China Area?
Is There a January Effect in the Greater China Area? by Chung-Wen (Sally) Hsu M.Sc., Civil Engineering, National Central University, Taiwan PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION In the Faculty of Business Administration O Chung-Wen (Sally) Hsu 2005 SIMON FRASER UNIVERSITY Spring 2005 All rights reserved. This work may not be reproduced in whole or in part, by photocopy or other means, without permission of the author. APPROVAL Name: Chung-Wen (Sally) Hsu Degree: Master of Business Administration Title of Project: Is There a January Effect in the Greater China Area? Supervisory Committee: Robert Grauer Supervisor Peter Klein Senior Supervisor Date Approved: SIMON FRASER UNIVERSITY PARTIAL COPYRIGHT LICENCE The author, whose copyright is declared on the title page of this work, has granted to Simon Fraser University the right to lend this thesis, project or extended essay to users of the Simon Fraser University Library, and to make partial or single copies only for such users or in response to a request from the library of any other university, or other educational institution, on its own behalf or for one of its users. The author has further granted permission to Simon Fraser University to keep or make a digital copy for use in its circulating collection. The author has further agreed that permission for multiple copying of this work for scholarly purposes may be granted by either the author or the Dean of Graduate Studies. It is understood that copying or publication of this work for financial gain shall not be allowed without the author's written permission. -
Bilibili Announces Strategic Equity Investment in China Telecom
Bilibili Announces Strategic Equity Investment in China Telecom August 11, 2021 SHANGHAI, China, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Bilibili Inc. (the “Company” or “Bilibili”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that its PRC subsidiary Shanghai Bilibili Technology Co., Ltd. (“Shanghai Bilibili”) has entered into a strategic investor allotment agreement (the “Allotment Agreement”) with China Telecom Corporation Limited (or “China Telecom”) (HKEX: 0728) and a sponsor (the “Sponsor”) for China Telecom’s proposed offering of A shares in conjunction with its listing on the Shanghai Stock Exchange. China Telecom is an integrated intelligent information service provider in the PRC with full-service capabilities. Pursuant to the Allotment Agreement, Shanghai Bilibili is investing an aggregate amount of approximately RMB500 million in China Telecom’s newly issued A shares. Based on an offering price of RMB4.53 per A share, Shanghai Bilibili has been allocated 110,375,000 of the newly issued A shares. Shanghai Bilibili will be subject to 36 months of lock-up obligations over the A shares allocated to it. In addition, Shanghai Kuanyu Digital Technology Co., Ltd., an affiliate of Bilibili, enters into a strategic collaboration agreement with China Telecom, to pursue collaboration opportunities in areas including user growth, brand promotion, IDC and cloud services. Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili, said, “We are excited to have this opportunity to join hands with China Telecom at this pivotal moment, as state-run enterprises returning to their home capital market and leading China’s industrial digitization in building the nation’s 5G infrastructure and more. -
HSBC Investdirect Plus Terms & Conditions
C M Y K HSBC InvestDirect Plus PMS ??? PMS ??? PMS ??? PMS ??? Sharedealing and Investment Non-printing Terms and Conditions Colours Non-print 1 Non-print 2 These terms are effective for all InvestDirect JOB LOCATION: PRINERGY 3 Plus customers on and from 13 January 2018. HSB-MCP49730.indd 1 28/12/2017 10:08 2 Part F – Ending the Service 47 Contents Page Section 1 – How you end the Service 47 Introduction 3 Section 2 – How we end the Service 48 Glossary 4 Section 3 – Set-off (using money in one account to meet a debt on another account) 50 Part A – Introducing the Service 8 Section 4 – Dormancy 51 Section 1 – Protecting yourself 8 General Information 52 Section 2 – Contacting you 8 Annex A: Important information about Investment dealing 54 Part B – Your Investment Account 9 Annex B: Important information about using our website 55 Section 1 – Key features of Investment dealing 9 Annex C: Best Execution Disclosure Statement 56 Section 2 – Dealing in Investments 11 Annex D: Our Conflicts of interest policy in relation to our Investment services 58 Section 3 – Settling orders 13 Need to contact us? 59 Section 4 – Best Execution 15 Section 5 – Operating your Investment Account 16 Section 6 – Corporate Actions 19 Section 7 – Tax and reporting of income 21 Introduction Part C – Your Cash Account 23 This document sets out the general terms and conditions which govern the HSBC InvestDirect Plus Service (the Service) we provide to you. It may be supplemented by other documents including: Section 1 – Key features of your Cash Accounts 23 • the Key Features Document and the Rates and Fees Page; Section 2 – Making payments from your Cash Account 23 • our Online Banking Terms and Conditions; Section 3 – Domestic payments 27 • a Trading Reserve Facility Letter; and Section 4 – International payments 28 • documents confirming any other additional items and conditions we introduce in accordance Section 5 – Receiving money into your Cash Account 29 with the change provisions set out elsewhere in this document. -
The Diminishing Power and Democracy of Hong Kong: an Analysis of Hong Kong's Umbrella Movement and the Anti-Extradition Law Amendment Bill Movement
Portland State University PDXScholar University Honors Theses University Honors College Summer 2021 The Diminishing Power and Democracy of Hong Kong: An Analysis of Hong Kong's Umbrella Movement and the Anti-Extradition Law Amendment Bill Movement Xiao Lin Kuang Portland State University Follow this and additional works at: https://pdxscholar.library.pdx.edu/honorstheses Part of the Asian Studies Commons, and the Other International and Area Studies Commons Let us know how access to this document benefits ou.y Recommended Citation Kuang, Xiao Lin, "The Diminishing Power and Democracy of Hong Kong: An Analysis of Hong Kong's Umbrella Movement and the Anti-Extradition Law Amendment Bill Movement" (2021). University Honors Theses. Paper 1126. https://doi.org/10.15760/honors.1157 This Thesis is brought to you for free and open access. It has been accepted for inclusion in University Honors Theses by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. The diminishing power and democracy of Hong Kong: an analysis of Hong Kong’s Umbrella Movement and the Anti-extradition Law Amendment Bill Movement by Xiao Lin Kuang An undergraduate honors thesis submitted in partial fulfillment of the Requirements for the degree of Bachelor of Arts In University Honors And International Development Studies And Chinese Thesis Adviser Maureen Hickey Portland State University 2021 The diminishing power and democracy of Hong Kong Kuang 1 Abstract The future of Hong Kong – one of the most valuable economic port cities in the world – has been a key political issue since the Opium Wars (1839—1860). -
CSOP Hang Seng Index Daily (-1X) Inverse Product
Evaluation Only. Created with Aspose.PDF. Copyright 2002-2019 Aspose Pty Ltd. CSOP Hang Seng Index Daily (-1x) Inverse Product Stock Code : 7300 HK All Information as of 30 July 2021 IMPORTANT: Investments involve risks, including the total loss of your investment. Investors are advised to consider their own investment objectives and circumstances in determining the suitability of an investment in the CSOP Hang Seng Index Daily (-1x) Inverse Product (the “Product”). CSOP Hang Seng Index Daily (-1x) Inverse Product is a futures-based product which invests directly in futures contracts on the Hang Seng Index (“HSI Futures”) listed on the HKFE so as to give the Product the inverse (-1x) of the daily performance of the Hang Seng Index ("Index") This is an inverse product and is different from conventional ETF. Should the value of the underlying securities of the Index increase, it could have a negative effect on the performance of the Product. Unitholders could, in certain circumstances including a bull market, face minimal or no returns, or may even suffer a complete loss, on such investments. The Product is designed to be used for short term trading or hedging purposes, and is not intended for long term investment. The Product is not intended for holding longer than one day as the performance of this Product over a longer period may deviate from and be uncorrelated to the inverse performance of the Index over the period. Investment in futures contracts involves specific risks such as high volatility, leverage, rollover and margin risks. A relatively small price movement in HSI Futures may result in a proportionally high impact and substantial losses to the Product, having a material adverse effect on the NAV. -
Consolidated Approved Company List
Consolidated approved company list CONSOLIDATED APPROVED COMPANY LIST CONSOLIDATED APPROVED COMPANY NORMS STATE INSTITUTE ACTION UNIQUE COMPANY LIST CATEGORY ID CODE 3M INDIA LIMITED ELITE E00001 ABB INDIA LIMITED ELITE E00519 ACCENTURE SOLUTIONS PRIVATE ELITE EXCEPTION CATEGORY S05819 LIMITED CHANGE ADANI ENTERPRISES LIMITED ELITE E00002 (FORMERLY ADANI EXPORTS LIMITED) ADANI PORTS AND SPECIAL ECONOMIC ELITE E00003 ZONE LIMITED ADITYA BIRLA FINANCE LIMITED ELITE E00006 ADITYA BIRLA FINANCIAL SERVICES ELITE E00007 GROUP ADITYA BIRLA GROUP POWER PROJECTS ELITE E00008 ADITYA PHARMACARE PRIVATE LIMITED ELITE NAME E00011 (formerly ADITYA PHARMA PRIVATE CHANGE LIMITED) AKZO NOBEL INDIA LIMITED ELITE E00013 ALKALOIDA CHEMICAL COMPANY ZRT. ELITE E00014 ALKEM LABORATORIES LIMITED ELITE E00015 ALLAHABAD BANK ELITE E00016 AMARA RAJA BATTERIES LIMITED ELITE E00020 AMAZON DEVELOPMENT CENTRE (INDIA) ELITE CATEGORY S00220 PRIVATE LIMITED CHANGE AMBUJA CEMENTS LIMITED ELITE E00021 AMDOCS DEVELOPMENT CENTER INDIA ELITE CATEGORY S00230 LLP CHANGE AMERICAN EXPRESS(INDIA) PRIVATE ELITE CATEGORY S00236 LIMITED CHANGE ANDHRA BANK ELITE E00022 ANZ OPERATIONS AND TECHNOLOGY ELITE CATEGORY S00280 PRIVATE LIMITED CHANGE APOLLO HOSPITALS ENTERPRISE ELITE E00023 LIMITED CATEGORY S05823 ARVIND LIMITED ELITE CHANGE CATEGORY P01165 ASEA BROWN BOVERI(PABBL) ELITE CHANGE ASHOK LEYLAND LIMITED ELITE E00025 ASIAN PAINTS LIMITED ELITE E00026 ASSOCIATED BUILDING COMPANY ELITE E00027 ASSOCIATED CEMENT COS LIMITED ELITE E00028 (ACC LIMITED) ATOS INDIA PRIVATE LIMITED ELITE