HONG KONG: Fears about an extended series of interest rate hikes by the Federal Reserve helped push Hong Kong stocks sharply lower on Thursday, in line with an Asia-wide sell-off. The Hang Seng Index ... ( read original story ...)
Hong Kong shares end lower after banks lift benchmark rates
Hong Kong commercial banks raised their benchmark ... The top gainer on Hang Seng was Hang Seng Bank Ltd, up 2.11 percent, while the biggest loser was Galaxy Entertainment Group Ltd, which was ... ( read original story ...)
Hong Kong stocks, currency slide on growing pessimism over economy
Hong Kong stocks declined across the board on Thursday because ... a strategist at First Shanghai Securities The Hang Seng Index fell 1.3 per cent or 363.93 points at 26,727.32, dropping for a third s... ( read original story ...)
Hong Kong research warns of sunscreen health risks
Hong Kong (AFP) - New research in Hong Kong has found that UV filters commonly used in sunscreen are polluting surrounding waters and could endanger human health, one of the city's leading ... ( read original story ...)
Hong Kong’s Dollar Could Get All Shook Up as Cash Pool Shrinks
Prepare for even greater swings in the Hong Kong dollar and funding costs in the city, as a shrinking pool of liquidity amplifies moves in interest rates. Hong Kong’s one-week interbank borrowing cost ... ( read original story ...)
Online scammers bet it pays to be a Hong Kong politician as more fake Facebook profiles uncovered impersonating high-profile names
Hong Kong politicians are seemingly in high demand, at least among online scammers. The city’s former commerce minister Greg So Kam-leung has joined ex-lawmaker James Tien Pei-chun by becoming the sec... ( read original story ...)
Hong Kong stocks slip as local banks up rates after Fed move
HSBC's unit Hang Seng Bank and rival Standard Chartered lifted their respective reference lending rates also 0.125 percentage points. All three banks also increased deposit rates on Hong Kong ... ( read original story ...)
Trump’s Trade War With China Just Sent Hong Kong Into a Bear Market
The Hang Seng Index, the barometer for the Hong Kong stock market, peaked at an all-time high of ... In late 2017, former China Central Bank Governor Zhou Xiaochuan warned that China may risk a "Minsk... ( read original story ...)
Hong Kong Banks, Developers Offer Sweeteners After Rate Increase
BOC Hong Kong (Holdings) Ltd. and CMB Wing Lung Bank Ltd. are offering rebates of up to 2 percent of the loan value for new-home mortgages, the Hong Kong Economic Times reported Thursday, citing unide... ( read original story ...)
Hong Kong-Zhuhai-Macau mega bridge may fail to drive taxi business, cabbies say
The long-awaited opening later this year of southern China’s 55km mega bridge between Hong Kong, Zhuhai and Macau is set to trigger a lucrative boost in business for many firms, but opinions among cab... ( read original story ...)
Hong Kong’s economy to wobble as US-China trade war, high interest rates take their toll, says Standard Chartered
Hong Kong may soon find itself caught in the middle of the US-China trade war. That is the verdict of a report by Standard Chartered Bank, which sees the city’s economic growth taking a hit as the tra... ( read original story ...)
Hong Kong star Andy Lau voices support for land reclamation in promotional video
Hong Kong superstar Andy Lau Tak-wah has thrown his support behind an idea to reclaim 2,200 hectares of land for housing to the east of Lantau Island, in a new video by the think tank that proposed th... ( read original story ...)
Hong Kong Banks Cast Pall Over Property by Raising Rates
HSBC Holdings Plc, Standard Chartered Plc and Hang Seng Bank Ltd. boosted their best lending rates by 12.5 basis points on Thursday, hours after the Hong Kong Monetary Authority raised its benchmark i... ( read original story ...)
Is BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF)’s Fuel Running High? Reports Show Less Sellers
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 0.74% in short interest. BNKHF’s total short interest was 3.52M shares in September as published by FINRA ... ( read original story ...)