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Month: January 2021

Posted on 22/01/2021

Hong Kong money rates drop to multi-year lows on capital inflows

Heavy foreign flows into Hong Kong's stock market drove borrowing costs to multi-year lows this week, prompting investors to suspect there won't be any need for the customary official liquidity ... ( read original story ...)

Posted on 22/01/2021

Stock Bubble Worries Push Chinese Investors From Home to Hong Kong

SHANGHAI (Reuters) - As China's blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country's stock market are prodding some investors to seek ... ( read original story ...)

Posted on 22/01/2021

Hong Kong stocks fall as China’s composite index slips when global rally pauses

Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a ... ( read original story ...)

Posted on 22/01/2021

Hong Kong to Order First Lockdown in Kowloon Area, Media Says

Hong Kong for the first time will lock down tens of thousands of residents in a bid to contain a worsening outbreak of the coronavirus, local media outlets reported Friday, citing unidentified people. ( read original story ...)

Posted on 22/01/2021

Hong Kong Life Owners Revive Sale After Failed Deal

The owners of Hong Kong Life Insurance Ltd. are reviving a sale of the business after a deal was scrapped more than two years ago, according to people familiar with the matter. ( read original story ...)

Posted on 22/01/2021

China, Hong Kong stocks slip on profit-taking after recent rally

Shanghai Connect daily quota used -2.9%, Shanghai->HK daily quota used 5.1% * FTSE China A50 -0.5% HONG KONG, Jan 22 (Reuters) - China stocks slipped on Friday, tracking weakness in other Asian ... ( read original story ...)

Posted on 22/01/2021

Pro-Beijing Hong Kong politicians to be vaccinated before city residents

Beijing politicians in Hong Kong is set to be vaccinated against Covid-19 in mainland China, ahead of the rest of the city’s population, in order to attend the Chinese Communist party’s premier ... ( read original story ...)

Posted on 22/01/2021

Hong Kong stocks slump after a 10 per cent rally above 30,000 level encounters jittery traders

Hong Kong stocks slump as a rally above 30,000 this week encountered two immediate barriers. Several Hang Seng Index heavyweights are flashing ‘overheated’ signals while mainland traders have tempered ... ( read original story ...)

Posted on 22/01/2021

Hong Kong to place tens of thousands in lockdown for first time: report

Hong Kong will place tens of thousands of its residents in a lockdown to contain a new outbreak of the coronavirus, the first such measure the Chinese-ruled city has taken since the pandemic began, a ... ( read original story ...)

Posted on 22/01/2021

Hong Kong Lockdown; Biden Unveils National Plan: Virus Update

Hong Kong time will lock down tens of thousands of residents in Kowloon’s core urban district amid a surge in cases, according to a local news report. Malaysia extended restrictions and Singapore is ... ( read original story ...)

Posted on 22/01/2021

Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range

Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be ... ( read original story ...)

Posted on 22/01/2021

Hong Kong poised to require two-week quarantine for flight crew: SCMP

Hong Kong is set to require flight crew entering the Asian financial hub for more than two hours to quarantine in a hotel for two weeks, the South China Morning Post reported on Thursday, citing ... ( read original story ...)

Posted on 22/01/2021

Record Chinese Inflows Push Hong Kong Stock Index Past 30,000

Investors in mainland China are showing unprecedented interest in Hong Kong stocks, powering the city’s fastest rally for a new year in more than three decades. ( read original story ...)

Posted on 22/01/2021

Stripping British National (Overseas) passport holders of Hong Kong residency could spark another crisis

Given the number of Hongkongers who hold a foreign passport, it could spark a mass exodus and create a crisis we can ill afford. Regina Ip’s call for the national law disallowing dual citizenship to ... ( read original story ...)

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