Shares of Chinese property developers have jumped in Hong Kong as China's central bank cut a key mortgage rate for the first time in almost two years. The decision comes as concerns grow about a ... ( read original story ...)
Hong Kong’s Hang Seng index jumps as China cuts key lending rates; property stocks soar
China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR was cut by 5 basis points, according to its central bank. U.S. bond yields fell back slightly after ... ( read original story ...)
HK shares jump after China cuts key mortgage rate
Shares of Chinese property developers have jumped in Hong Kong as China's central bank cut a key mortgage rate for the first time in almost two years.The decision comes as concerns grow about a ... ( read original story ...)
Hong Kong to shut secondary schools from Monday over COVID fears
Hong Kong will suspend face-to-face teaching in secondary schools from Monday until after the approaching Lunar New Year, authorities said, because of a rising number of coronavirus infections in ... ( read original story ...)
Ascent Partners debuts Doconomy’s award-winning methodology “Åland Index” in Hong Kong and Mainland China
Hence, we are honoured to be the first sustainability advisory firm authorized by Doconomy to introduce the Åland Index to Hong Kong and Mainland China. We believe that this Index can be applied to a ... ( read original story ...)
Hong Kong shuts secondary schools over COVID fears
HONG KONG, Jan 20 (Reuters) - Hong Kong will suspend face-to-face ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ... ( read original story ...)
Chinese Property Bonds Soar as Investors Bet Worst Is Over
A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.Most Read from Bl ... ( read original story ...)
HK-listed Chinese property stocks jump on report of draft rules to ease cash crunch
Shares of Sunac China 1918.HK led a rise in China property stocks after a Reuters' report that China was drafting rules to make it easier for property developers to access escrow funds, in the latest ... ( read original story ...)
China reluctantly gives property market a break
Beijing will let stressed real estate developers tap escrowed pre-payments, building on surprise cuts to interest rates and fresh support for M&A. It’s an imperfect, partial solution to a worsening ... ( read original story ...)
Exclusive: China drafts rules to ease property developers’ cash crunch
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, ... ( read original story ...)
Nasdaq 100 Falls on Rising Yield Concerns, Will Hang Seng Index follow?
Hong Kong stocks may lead the gains Nasdaq 100, US Earnings, Hang Seng Index, Asia-Pacific at the ... cost concerns and underpin market sentiment. Bank of America topped analysts' estimate for ... ( read original story ...)
Hong Kong Bourse May Head South Again On Thursday
The Hong Kong stock market on Wednesday wrote a finish to the three-day slide in which it had slumped more than 315 points or 1.4 percent. The Hang Seng Index now sits just above the 24,125-point ... ( read original story ...)
Hong Kong’s crackdown leaves journalists struggling to find jobs
Some have become taxi drivers or food delivery workers, while one person opened a fast food restaurant. . Read more at straitstimes.com. ( read original story ...)
Hong Kong pet owners cry foul over Covid-19 hamster cull, say shop closures will hurt business
The backlash came swiftly after health minister issued an order on Tuesday to euthanize the tiny mammals over fears of animal-to-human Covid-19 transmission Angela Chan, vice-president of Hong Kong ... ( read original story ...)