Hong Kong stocks slip, weighed down by financial, energy shares

Aug 3 (Reuters) - Hong Kong stocks followed other Asian markets lower on Thursday, as investors paused for breath after recent strong gains in financial and resources firms. The Hang Seng index fell 0.3 percent, to 27,531.01 points, while the China ... ( read original story ...)

Hong Kong stocks retreat from two-year high

Hong Kong’s stock market opened lower on Thursday after rallying ... The overseas markets are moving on results so they are not very indicative,” said Alex Wong, a director at Ample Finance Group. “The market has been very strong for the past few ... ( read original story ...)

Hong Kong Startup Is Said Close to $500 Million Valuation (2)

(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)

L’Occitane conceptualises in-store design in China and Japan

Following a healthy second quarter in China, Japan and Hong Kong, which ended on 30th June 2017 ... “We are pleased to report a solid start to FY2018, which was supported by good returns from our ongoing marketing activities, particularly in China ... ( read original story ...)

North Korean missile tests could pose a risk to passenger planes

HONG KONG (CNN) - North Korea's accelerated missile testing may ... huge and create a difficult decision for airlines operating in the area. "Does it start a war? Is it an act of war? The impact of what could happen if that did occur are more than just ... ( read original story ...)

China aluminum capacity cuts boost market leaders, prices

Shares in state-run Aluminium Corp of China (Chalco) have surged 47 percent since the start of July, while shares in Shenzhen ... said analyst Helen Lau of Argonaut Securities in Hong Kong. Both Deutsche Bank and Wood Mackenzie see 3 million tonnes of ... ( read original story ...)

HK’s BOC Aviation to buy 10 Boeing aircraft for $1.25 billion

HONG KONG (Reuters) - BOC Aviation Ltd said on Thursday it would buy 10 new aircraft from Boeing Co for an aggregate list price of $1.25 billion, as it looks to strengthen its future revenue stream by investing in modern, efficient and in-demand aircraft. ( read original story ...)