Hong Kong stocks traded close to a two-week low as investors digested weak corporate earnings amid a slowdown in China’s growth. The Hang Seng Index dropped 0.4 per cent to 17,627.01 at the noon break ...
HSBC’s New CEO Tells Staff to Keep an Eye on Costs in Town Hall
HSBC Holdings Plc’s new chief Georges Elhedery emphasized cost discipline at his first town hall in Hong Kong as Europe’s largest lender seeks to keep expenses in check.
‘Golden era’ for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings
Real estate analysts claimed that the shopping frenzy the city once experienced will not return “for a long, long time.” ...
Hong Kong billionaire appoints son CEO of family office amid succession uncertainty
Henry Cheng, one of Asia's richest men, has promoted his fourth child Christopher Cheng to the senior family office role.
Hong Kong developers launch price war to ‘kick-start market’ ahead of Fed rate cut
Hong Kong’s property developers kicked off a new round of price cuts to offload new-home inventories after the US Federal Reserve gave its strongest hint yet about an imminent rate cut. KT Marina, a ...
Hong Kong – Severe Weather Trading On HKEX – Key Issues For Fund Managers.
On 18 June 2024, the Securities and Futures Commission (SFC) issued a circular on the updated arrangements concerning severe weather trading (SWT) on the Hong Kong securities and derivatives markets.
{Hot Stocks}BANK OF CHINA quoted at HK$3.39, down 3.1%
[ET Net News Agency, 3 September 2024] BANK OF CHINA (03988) fell 3.1% to HK$3.39, dipping below the 100-D SMA of HK$3.441. It hits an intra-day low of HK$3.39, and an intra-day high of HK$3.51. The ...
China, Hong Kong shares fall, dragged by banks and energy
Most of China and Hong Kong's benchmark stock indexes fell on Tuesday, dragged by banking and energy stocks, while investors digested disappointing China August manufacturing activity data. With ...
{Hot Stocks}CM BANK(03968) quoted at HK$31.25, down 3%
[ET Net News Agency, 3 September 2024] CM BANK (03968) fell 3% to HK$31.25. It hits an intra-day low of HK$31.2, and an intra-day high of HK$32.45. The total shares traded was 8.12 million, with a ...
‘Hong Kong 47’: Court wraps up mitigation hearing in city’s largest national security case
The last batch of 45 Hong Kong activists entered their final pleas on Tuesday for light sentences in a landmark national security trial over charges that they had formed a "conspiracy to subvert the ...
Hong Kong’s Cathay Pacific cancels another 20 flights on A350 planes, bringing total to 68
Cathay has completed inspections of all 48 of its grounded A350 fleet and fixed three of them so far, according to source ...
Hong Kong youth mental distress soars; 280 identified as being at higher risk of suicide
Less than half of the city’s primary and secondary schools have signed up for new mental health programme, says education chief.
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths. Hong Kong's insurance industry recorded a 5.1% year-on-year (YoY) increase in total gross premiums for the first half of 2024 (H1 2024), ...
Passengers complain about poor service after Hong Kong’s Cathay Pacific cancels 48 flights
Hong Kong passengers affected by Cathay Pacific Airways’ flight cancellations complained about poor customer service and confusion, even as the flag carrier’s check-in counters operated as usual on ...