China and Hong Kong stocks extended losses on Friday, led by automobile stocks and select internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after ...
AIA looks past biggest profit slump in a decade, banking on Hong Kong’s reopened borders to lift insurance sales
AIA's 2022 net profit tumbled 96 per cent to US$282 million, or US$2.36 per share, missing analysts estimates Sales jumped in the first two months, as a million mainland Chinese travellers poured ...
Hong Kong cruises into future with arrival of Resorts World One with 150 calls from ships from 16 companies to come
Cruise ship to set off for inaugural tour from Hong Kong on Friday evening, with nearly 3,000 passengers and crew on board High airfares and limited capacity provide an opportunity for cruise sector ...
Latest round of Hong Kong consumption vouchers to be disbursed from mid-April, with scheme expected to boost post-Covid economy: Paul Chan
City's finance minister says it is 'appropriate' to give out vouchers since city is still recovering from economic effects of coronavirus pandemic Eligible residents will receive HK$5,000 over two ...
Analysis: Debt-laden local governments pose fresh challenges to China’s growth, financial system
China's push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 ...
Hong Kong stocks plunged Friday following a rout on Wall Street fuelled by worries over the banking sector, while traders are also awaiting the release of key US jobs data.
The Hang Seng Index dived 3.04 percent, or 605.82 points, to 19,319.92, wiping out all the gains made so far this year. The Shanghai Composite Index sank 1.40 percent, or 46.02 points, to 3,230.08, ...
AIA looks past one of its worst years, banking on Hong Kong’s reopened borders to lift insurance sales
AIA is looking to strong sales in 2023 to put one of its worst years behind it, as Asia’s largest insurer wagered that the rush of mainland Chinese customers across Hong Kong’s reopened borders would ...
Hong Kong stocks slump on banking worries
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited ...
Hong Kong’s post-pandemic recovery trend is ‘encouraging’: MTR CEO
Hong Kong's railway ridership sees a 'fast recovery' as the city reopens boarder with Mainland China after three years of pandemic, says MTR CEO Jacob Kam.
Asian equities fall after investors dump US bank shares
Asian equities followed the US sharply lower on Friday, after investors on Wall Street sold off stocks over concerns about the health of the US banking sector. Hong Kong’s Hang Seng index was down 2.2 ...
US bank jitters hit Asia stocks; yen drops with JGB yields after BOJ
Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for U.S. interest rate rises were reduced after a surprise capital raising at a Silicon Valley startup ...
US sanctions 39 entities over alleged ‘shadow banking’ for Iran
The United States has imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran’s access to the global financial system, ...
Hong Kong Stocks Open Sharply Lower
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited the release of US jobs data later in the day.
China, Hong Kong stocks fall as recovery doubts, U.S. data curb risk appetite
China and Hong Kong stocks fell on Friday, led by automobile stocks and selected internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after weaker-than-expected data ...