Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. AI startup Mobvoi files for Hong Kong IPO. Google-backed ...
Selling AI and buying Hong Kong stocks is the big contrarian bet right now, says Bank of America
Investors may be going overboard on AI stocks, while battered Hong Kong equities may be an opportunity in waiting, says Bank of America.
Hong Kong’s Hang Seng jumps 4% led by gains in property and consumer stocks
Hong Kong’s Hang Seng index was up 2.33% in its first hour of trade, leading gains in the wider region. The technology sector led the rally with stocks like Baidu, JD.com and Alibaba all up about 4%.
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling ...
Hong Kong businesses mark Tiananmen anniversary in face of pressures
Some Hong Kong shopkeepers are quietly commemorating the 34th anniversary of the Tiananmen crackdown despite the spectre of a China-imposed national security law and pressure to stay silent on the ...
Tiananmen vigils shift overseas as Hong Kong falls silent
As restrictions in Hong Kong have snuffed out what were once the largest vigils marking the 1989 Tiananmen Square crackdown, cities like London, New York, Berlin and Taipei are left carrying the ...
Hong Kong equities rally driven by internet stocks
The rally on Friday was led by Chinese internet stocks, with the Hang Seng Tech index jumping 5.3 per cent. Tencent and Alibaba closed 6 and 6.7 per cent higher in Hong Kong, respectively.
Hong Kong Shares Surge After U.S. Debt-Ceiling Progress
Hong Kong’s Hang Seng index had its best day in around three months, wiping out its losses from earlier in the week and leading wider gains in Asian shares. The Hong Kong market opened with a bang ...
HSBC terminates bank accounts of Hong Kong opposition party League of Social Democrats without giving reason
Hong Kong’s HSBC bank has closed three bank accounts used by the League of Social Democrats (LSD) – one of the few remaining opposition parties in the city – for receiving donations, according to a ...
New cryptocurrency licensing rules kick in for Hong Kong’s retail investors
The new regulatory framework came amid tighter scrutiny on major cryptocurrency exchanges after a series of high-profile failures.
Hong Kong artists mark Tiananmen quietly or overseas
Avant garde street performance, politically charged theatre, pro-democracy music and poetry -- powerful works of art dealing with China's bloody Tiananmen Square crackdown that were once commonplace ...
China is ‘driving’ towards an EV future: ToscaFund Hong Kong
Mark Tinker, CIO & Managing Director of ToscaFund Hong Kong says China's EV sector will start exporting soon, and it will prompt a price-driven global EV war.
Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment, says Ricacorp
The number of property deals fell 8 per cent to 5,268 last month, according to Ricacorp data Boost from border reopening has started to fade, property agency says Property transactions in Hong Kong ...
Tech stocks rally in Hong Kong on China stimulus, US rate pause bets while BYD leads EV makers on robust sales
Local stocks are headed for the biggest gain in three months amid optimism China will soon deliver the much needed stimulus to revive its recovery momentum. BYD leads EV makers after a robust month of ...