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Month: January 2024

Posted on 25/01/2024

Asian Financial Forum: HKEX’s Aguzin underscores Hong Kong’s ‘superconnector’ role, says China, rest of the world ‘massively underinvested’ in each other

Opportunities in China's US$18 trillion economy remain significant despite a slowdown in 2023, bourse operator's CEO says Mainland investors buying and selling offshore debt through the Stock Connect ...

Posted on 25/01/2024

Geopolitics, Elections and Policy Uncertainty to Weigh on China Market -Financial Leaders

HONG KONG (Reuters) - Asia's top financial executives expect geopolitical tensions, the coming U.S election and Beijing's policy uncertainty to keep shaking confidence in China investment in 2024, as ...

Posted on 25/01/2024

China steps up support for Hong Kong’s role as financial hub for wealth products, bonds and green finance

The People’s Bank of China unveiled six policies, including the expansion of a transborder investment channel called Bond Connect between Hong Kong and the mainland’s financial markets, starting on ...

Posted on 25/01/2024

Hong Kong Retail Traders Hit by $1.6 Billion Wipeout of Popular Structured Notes

Retail traders in Hong Kong were dealt a blow as $1.55 billion of leveraged derivatives were wiped out during the recent stock slump, exacerbating market volatility and highlighting the risk of the ...

Posted on 25/01/2024

Video of foreign domestic helpers on cardboard boxes in Hong Kong streets goes viral

A video showing foreign domestic helpers gathering on cardboard boxes in the streets of Hong Kong (HK) has gone viral on social media, with many viewers debating whether their lifestyle should be looked down upon.

Posted on 25/01/2024

Iran, UAE, Palestine move on to knockout stage in AFC Asian Cup; Hong Kong eliminated

More than half of the spots in the 2023 AFC Asian Cup's round of 16 have been filled. Here's who's moving on, who's out and who has a chance.

Posted on 25/01/2024

Hong Kong’s worst office slump squeezes real estate funds

head of Hong Kong capital markets at Jones Lang LaSalle. “Owners have to cut their prices.” Some office owners including Chinese companies and funds have stopped repaying their mortgages or are ...

Posted on 25/01/2024

StarCharge Weighing $500 Million Hong Kong IPO Due to EV Boom, Sources Say

Chinese electric-vehicle charging equipment provider StarCharge is considering an initial public offering in Hong Kong that could raise about $500 million, according to people with knowledge of the ...

Posted on 25/01/2024

Hopes for a Hong Kong IPO recovery hinge on two big ifs

HONG KONG -- New equity fundraising in Hong Kong sunk to a two-decade low last year amid disappointment over China's economic recovery, and some are warning that there are no signs the city's IPO ...

Posted on 25/01/2024

2024 AFF: China’s policies to boost bonds and wealth management will help Hong Kong’s companies and home buyers, delegates say

The new policies relaxed cross-border payment rules between the 11 cities of the Greater Bay Area to make it easier for the residents of Hong Kong and Macau to buy homes in southern China.

Posted on 25/01/2024

Hong Kong’s top court restores activist’s conviction over banned vigil

Hong Kong’s top court has restored a prominent detained activist's conviction over a banned vigil commemorating the 1989 Tiananmen crackdown on pro-democracy protesters, marking the latest setback for ...

Posted on 25/01/2024

Hong Kong’s top court overturns acquittal of human rights lawyer

Hong Kong's top court on Thursday overturned the acquittal of activist and human rights lawyer Chow Hang Tung of inciting others to join an unauthorised vigil to remember victims of China's 1989 ...

Posted on 25/01/2024

Osaka Asian Film Festival Sets Competition, Focus Sections on Hong Kong, Taiwan and Thailand

The Osaka Asian Film Festival has unveiled its competition and focus sections with special emphasis on the cinema of Hong Kong, Taiwan and Thailand.

Posted on 25/01/2024

Hong Kong Stocks Build On Rally At Open

Hong Kong stocks extended their rally into a third day at the open Thursday after China unveiled fresh measures to boost bank lending and pledged further help for the economy.

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