Georgina Lee

Georgina Lee

Latest from Georgina Lee

CLSA to remain a major banker for ‘belt and road’, says Citic Securities
  • State-owned Citic Securities says it will continue to invest in CLSA to take advantage of opportunities arising from ‘belt and road’
22 Mar 2019 - 10:51PM
  • State-owned Citic Securities says it will continue to invest in CLSA to take advantage of opportunities arising from ‘belt and road’
CLSA to remain a major banker for ‘belt and road’, says Citic Securities
Chinese brokerage Citic Securities’ net profit for 2018 falls following decline in fee, commission income

Citic Securities, one of mainland China’s leading brokerages, said its net profit for the full year of 2018 declined by 17.9 per cent to 9.39 billion yuan (US$1.4 billion), just shy of a Bloomberg consensus forecast of 10.02 billion yuan.

22 Mar 2019 - 3:16PM

Citic Securities, one of mainland China’s leading brokerages, said its net profit for the full year of 2018 declined by 17.9 per cent to 9.39 billion yuan (US$1.4 billion), just shy of a Bloomberg consensus forecast of 10.02 billion yuan.

Chinese brokerage Citic Securities’ net profit for 2018 falls following decline in fee, commission income
Hong Kong’s limited partnership regime may attract funds to set up domicile, boosting city’s role as Greater Bay Area private equity hub

Changes to limited partnership regime could bring more funds and managers to Hong Kong, and keep systemic risks in check, lawyers and analysts say.

19 Mar 2019 - 10:51PM

Changes to limited partnership regime could bring more funds and managers to Hong Kong, and keep systemic risks in check, lawyers and analysts say.

Hong Kong’s limited partnership regime may attract funds to set up domicile, boosting city’s role as Greater Bay Area private equity hub
Hong Kong and China shares wrap up trading week on a positive note, as investors cheer new foreign investment law
China’s US$59 billion internet and technology bubble will trap many private-equity investors when it bursts, Bain & Co says

China’s internet and technology sector is a bubble waiting to burst, according to an annual Asia-Pacific private equity report for 2019 released by Boston-based global management consultancy Bain & Company on Friday.

19 Mar 2019 - 6:22PM

China’s internet and technology sector is a bubble waiting to burst, according to an annual Asia-Pacific private equity report for 2019 released by Boston-based global management consultancy Bain & Company on Friday.

China’s US$59 billion internet and technology bubble will trap many private-equity investors when it bursts, Bain & Co says
China stocks edge lower after data points to cooling industrial output
Hong Kong and China stocks lose ground as investors worry over economic outlook
  • Markets’ recent momentum could slow as latest data adds to trade war uncertainty, analyst says
14 Mar 2019 - 12:07AM
  • Markets’ recent momentum could slow as latest data adds to trade war uncertainty, analyst says
Hong Kong and China stocks lose ground as investors worry over economic outlook
Hong Kong, China stocks stay on positive roll for second day amid optimism about foreign inflows

Traders gauge possibility of increased foreign buying on availability of hedging tools and regulatory comment on ownership cap

12 Mar 2019 - 10:28PM

Traders gauge possibility of increased foreign buying on availability of hedging tools and regulatory comment on ownership cap

Hong Kong, China stocks stay on positive roll for second day amid optimism about foreign inflows
Chinese bankers say lack of fintech investments is a ‘major drag’ on competitiveness

Bankers dissatisfied with existing IT level at Chinese banks at three-year high, a survey by PwC and China Banking Association shows.

8 Mar 2019 - 12:55AM

Bankers dissatisfied with existing IT level at Chinese banks at three-year high, a survey by PwC and China Banking Association shows.

Chinese bankers say lack of fintech investments is a ‘major drag’ on competitiveness
Will retail investors be sidelined by Hong Kong’s proposed licensing regime on cryptocurrency trading?

Some operators are preparing for the Hong Kong regulator’s proposed cryptocurrency trading rules by carving out “professional investors only” platforms

6 Mar 2019 - 1:05PM

Some operators are preparing for the Hong Kong regulator’s proposed cryptocurrency trading rules by carving out “professional investors only” platforms

Will retail investors be sidelined by Hong Kong’s proposed licensing regime on cryptocurrency trading?
Does the yuan hold the key to an uninterrupted rally in China’s stock market this year?

The trend of a weakening dollar is traditionally viewed as favourable to Asian emerging market equities, but analysts say the yuan’s recent run against the US dollar is overdone

1 Mar 2019 - 10:45PM

The trend of a weakening dollar is traditionally viewed as favourable to Asian emerging market equities, but analysts say the yuan’s recent run against the US dollar is overdone

Does the yuan hold the key to an uninterrupted rally in China’s stock market this year?
Coinsuper remaking itself as Wild West of cryptocurrency trading in Hong Kong comes to an end

Hong Kong hopes to become a trusted centre for trading of digital assets. That is forcing Coinsuper and other crypto currency exchanges to shift to deep-pocketed traders.

24 Feb 2019 - 10:34PM

Hong Kong hopes to become a trusted centre for trading of digital assets. That is forcing Coinsuper and other crypto currency exchanges to shift to deep-pocketed traders.

Coinsuper remaking itself as Wild West of cryptocurrency trading in Hong Kong comes to an end
JPMorgan estimates bitcoin’s fair value at US$2,400, to the dismay and disagreement of digital currency miners everywhere

JPMorgan estimates that lowest cost miners in China is the break-even point, pointing to 38 per cent downside for bitcoin at current level to “fair value”.

21 Feb 2019 - 3:51PM

JPMorgan estimates that lowest cost miners in China is the break-even point, pointing to 38 per cent downside for bitcoin at current level to “fair value”.

JPMorgan estimates bitcoin’s fair value at US$2,400, to the dismay and disagreement of digital currency miners everywhere
Hong Kong stocks plunge 1.9 per cent on worse than forecast China, US data

Concerns over the state of the world’s two biggest economies compounded worries on US China trade talks progress

15 Feb 2019 - 8:50PM

Concerns over the state of the world’s two biggest economies compounded worries on US China trade talks progress

Hong Kong stocks plunge 1.9 per cent on worse than forecast China, US data
Better than expected export figures for January fail to boost Hong Kong, Shanghai indices

The Hong Kong stock market shed some of the gains made this week to close lower on Thursday, while most gauges in mainland China narrowed increases recorded over previous sessions to end the day slightly higher.

14 Feb 2019 - 8:02PM

The Hong Kong stock market shed some of the gains made this week to close lower on Thursday, while most gauges in mainland China narrowed increases recorded over previous sessions to end the day slightly higher.

Better than expected export figures for January fail to boost Hong Kong, Shanghai indices
China, Hong Kong stocks climb as prospect of end to US-China trade war boosts confidence
Chinese investors fear missing out after US$9 billion in foreign inflows, push markets into positive territory

The Shanghai Composite Index rose by 0.68 per cent, or 18 points, to 2671.89, while the Shenzhen Component Index rose by 1.15 per cent, or 91 points, to 8,101.07. In Hong Kong, the Hang Seng Index rose by 0.1 per cent to 28,171.33,

12 Feb 2019 - 7:03PM

The Shanghai Composite Index rose by 0.68 per cent, or 18 points, to 2671.89, while the Shenzhen Component Index rose by 1.15 per cent, or 91 points, to 8,101.07. In Hong Kong, the Hang Seng Index rose by 0.1 per cent to 28,171.33,

Chinese investors fear missing out after US$9 billion in foreign inflows, push markets into positive territory
Veggie ‘meat’ start-up backed by Nasa wins financing from tech moguls and Silicon Valley climate fund

Chicago-based Sustainable Bioproducts has raised US$33 million in financing from premier venture capital funds and other investors

12 Feb 2019 - 6:00AM

Chicago-based Sustainable Bioproducts has raised US$33 million in financing from premier venture capital funds and other investors

Veggie ‘meat’ start-up backed by Nasa wins financing from tech moguls and Silicon Valley climate fund
Boosted by consumer stocks, China stocks end first trading day of Year of the Pig higher
Will China lose its tech mojo as venture capital for innovative start-ups gets harder to come by?

Polarised investment market threatens to undermine entrepreneurship and innovation.

3 Feb 2019 - 11:11AM

Polarised investment market threatens to undermine entrepreneurship and innovation.

Will China lose its tech mojo as venture capital for innovative start-ups gets harder to come by?
Plastic surgeon-led group to give South Korean cryptocurrency exchange Bithumb a makeover
Hong Kong, China stocks end Monday flat as investors shy away from big bets ahead of trade talks, Fed meeting
Israeli online broker eToro targets Southeast Asia’s young and savvy investors with global outlook

The Ping An-backed broker is targeting young traders with its machine learning-based ‘social trading’ platform.

28 Jan 2019 - 8:35AM

The Ping An-backed broker is targeting young traders with its machine learning-based ‘social trading’ platform.

Israeli online broker eToro targets Southeast Asia’s young and savvy investors with global outlook
Fidelity looks to AI as the future of portfolio management and asset selection

Artificial intelligence can help save costs and improve asset management, says Fidelity International’s Luc Froehlich

18 Jan 2019 - 10:55PM

Artificial intelligence can help save costs and improve asset management, says Fidelity International’s Luc Froehlich

Fidelity looks to AI as the future of portfolio management and asset selection
Southeast Asia seen as best investment destination this year, poll shows

A poll at the Asian Financial Forum on Monday showed 39 per cent believe Southeast Asia has best investment prospects this year.

16 Jan 2019 - 11:31AM

A poll at the Asian Financial Forum on Monday showed 39 per cent believe Southeast Asia has best investment prospects this year.

Southeast Asia seen as best investment destination this year, poll shows
Hong Kong-based digital currency exchange BitMEX ditches clients in US, Quebec amid regulatory pressure
  • The move by leading bitcoin exchange with turnover of US$965 billion comes amid US action against unregistered entities
16 Jan 2019 - 7:10PM
  • The move by leading bitcoin exchange with turnover of US$965 billion comes amid US action against unregistered entities
Hong Kong-based digital currency exchange BitMEX ditches clients in US, Quebec amid regulatory pressure
Hong Kong, mainland markets sluggish as investors remain cautious about progress to end US-China trade war

US Commerce Secretary Wilbur Ross told CNBC that “there’s a very good chance that we’ll get a reasonable settlement” on trade.

8 Jan 2019 - 6:27PM

US Commerce Secretary Wilbur Ross told CNBC that “there’s a very good chance that we’ll get a reasonable settlement” on trade.

Hong Kong, mainland markets sluggish as investors remain cautious about progress to end US-China trade war
Will there be adults in the room when tokens disrupt the financial order of venture capitalists and angel investors?

Blockchain firms from the US and Hong Kong are launching ‘tokenised’ venture capital funds, promising better liquidity and quicker returns for investors.

5 Jan 2019 - 2:00PM

Blockchain firms from the US and Hong Kong are launching ‘tokenised’ venture capital funds, promising better liquidity and quicker returns for investors.

Will there be adults in the room when tokens disrupt the financial order of venture capitalists and angel investors?
Hong Kong stocks buoyed by Tencent, but Hang Seng ends lower on a weekly basis

Hang Seng Index rises 0.5 per cent to 25,753.42 on Friday, paring a weekly loss to 1.3 per cent amid concerns over the global outlook

21 Dec 2018 - 9:39PM

Hang Seng Index rises 0.5 per cent to 25,753.42 on Friday, paring a weekly loss to 1.3 per cent amid concerns over the global outlook

Hong Kong stocks buoyed by Tencent, but Hang Seng ends lower on a weekly basis
Banking stocks lead decline in Hong Kong after Federal Reserve defies expectations on rate increases next year