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Month: October 2024

Posted on 09/10/2024

Hong Kong Stock Market Suffers Biggest Single-Day Drop Since 2008

A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng index fell by -2172.99 (-9.41 percent) on Tuesday.

Posted on 09/10/2024

Hong Kong’s Hang Seng Index plunges 9.4%, highest fall since 2008; here’s why

Hang Seng Index of Hong Kong has dropped by 9.4 per cent, which is its biggest decline since 2008. This drop has wiped out its highest gains made during a Chinese holiday.

Posted on 09/10/2024

Efforts underway to erase any trace of pro-democracy protests in Hong Kong

Under a wide-ranging national security law, news stories of pro-democracy protests are being wiped off the internet. Books about the protests are being removed from the shelves of libraries and ...

Posted on 09/10/2024

Hong Kong Corrects & Mainland Catches Up, NDRC Lacks Specifics With More Announcements To Come

Last night was a roller coaster in China's markets after the Mainland reopened following the weeklong National Holiday or “Golden Week”.

Posted on 08/10/2024

Hong Kong stocks crash, oil prices retreat on fading China boost

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong tumbled as traders were left disappointed by a lack of detail on Beijing's raft of economic stimulus ...

Posted on 08/10/2024

Stock market today: Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008

Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of plans to revive the ...

Posted on 08/10/2024

Hong Kong Market Sentiment Improves as Local Banks Follow U.S. Fed Interest Rate Cut

The Hong Kong Grade A office market witnessed positive net absorption for the fourth consecutive quarter in Q3 2024 to reach 324,100 sq ft, bringing the overall availability rate down to 19.3%.

Posted on 08/10/2024

Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008

U.S. stocks are steadying themselves on Tuesday as falling oil prices release some of the pressure that’s built up on the market.

Posted on 08/10/2024

Hong Kong: Key Link Between Mainland China And The Middle East

Hong Kong stands to benefit from strengthening Sino-Arab ties, drawing family offices and investors from the Middle East.

Posted on 08/10/2024

Tickets for Coldplay’s Hong Kong shows offered by resellers at up to 3 times official price

Tickets at inflated prices appear on platforms such as Facebook and Carousell within minutes of official artist presale.

Posted on 08/10/2024

Hang Seng Drowns By Over 2,100 Points; Washes Away Gains Made After Chinese Stimulus

The Hong Kong-based Hang Seng has had a tumultuous day of trading on October 8. The marquee index, based in the financial powerhouse of the Asian continent, collapsed in the intraday trade amid an ...

Posted on 08/10/2024

Beijing hints at fresh measures to boost Hong Kong economy a week before policy address

Beijing’s top office overseeing Hong Kong drops hint in commentary published over weekend as it urges city to play to its strengths ...

Posted on 08/10/2024

The king of haunted houses in Hong Kong: 20 years buying flats that have been murder crime scenes

The deeply rooted local cultural aversion to living in those places scares off most buyers. This is the story of Wu Guanliu, a peculiar real estate speculator who has been taking advantage of the fear ...

Posted on 08/10/2024

US tech firm issued notice by Hong Kong police to take down diaspora media site Flow HK on national security grounds

A US web-hosting company has been issued a notice by Hong Kong police asking it to take down the website of Flow HK, a media outlet co-founded by pro-democracy activists who have left the city, on ...

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