Good morning. Shares in Hong Kong posted their biggest daily gains this year following a call from China’s premier for “forceful” state support to halt a punishing market rout. The city’s benchmark Hang Seng index rose 2.6 per cent yesterday after ...
Stock market today: Wall Street adds more to its record high
NEW YORK — Wall Street is rising again Monday to build on its all-time high reached last week. The S&P 500 was 0.5% higher in early trading. The Dow Jones Industrial Average was up 178 points, or 0.5%,
Hong Kong DSE vocational courses hit record high as extra lesson time released by end of liberal studies and changes to other subjects
Number of candidates taking vocational courses at DSE level jumps by 2,900 from 4,600 in 2023 to 7,500 this year.
Bank of America cuts 20 staff in Asia, China-focused bankers affected most- sources
Bank of America on Tuesday announced job cuts of around 20 bankers in Asia, three sources with knowledge of the matter said, as plunging markets in China and Hong Kong weighed on deal prospects. The ...
India’s stock market overtakes Hong Kong’s as the 4th largest in the world
India's stock market is booming, and its value has ballooned so much that it overtook Hong Kong's on Monday, Bloomberg reported. The total value of shares on Indian exchanges hit $4.33 trillion at ...
Investors should continue to steer clear of Chinese stocks, investors warn. Here is what needs to change before they become a ‘buy’.
These steep January declines followed multiple years of losses for the Hong Kong-based Hang Seng Index ... Chinese authorities need to prove once again that they can be more business-friendly, ...
Apple Daily encouraged support for radical Hong Kong protesters, spread anti-Chinese Communist Party beliefs at Jimmy Lai’s request, court hears
Ex-publisher Cheung Kim-hung says Lai wanted to promote unity among radical and peaceful protesters to avoid ‘division’ during 2019 anti-government protests.
India overtakes Hong Kong as world’s fourth-largest stock market by market capitalisation
The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg.
Owner of grilled fish restaurant chain Tanyu mulling over Hong Kong IPO, sources say
Tanyu has grown rapidly in recent years and now operates more than 260 outlets, including seven in Singapore. Read more at straitstimes.com.
No abnormalities in Hong Kong’s market, leader John Lee says after Hang Seng Index nears 15-month low
Hong Kong remained a competitive and attractive international financial centre with free capital flow and a high degree of transparency, the city’s leader said on Tuesday at a weekly press briefing in ...
Hong Kong Rebound May Not Last Even if Stimulus Hits
Hong Kong stocks rebounded on hopes that a rescue package from ... A representative of the Chinese Finance Ministry declined to comment about potential stimulus measures when contacted by Dow Jones ...
GF Securities (Hong Kong) Leads Digitalization by Launching Tokenized Bond Using ABT’s Advanced RWA Tokenization Platform
HONG KONG, Jan. 23, 2024 /PRNewswire/ -- GF Securities (Hong Kong) achieves an inflective milestone by successfully issuing fully digitized bonds, becoming one of the pioneering financial institutions ...
Bank of America cuts 20 in Asia, China investment bankers affected most – sources
Bank of America on Tuesday announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024 as China and Hong Kong ...
A throbbing neon powerhouse: Hong Kong’s gigantic new billboard – with a nice museum attached
M+ wants to be a global titan of art, to rival Tate Modern and the Pompidou. But did architects Herzog and de Meuron overdo the concrete? And why is finding the rooftop garden so hard?