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Month: October 2024

Posted on 04/10/2024

Hong Kong grants fresh licence to HKVAX to operate city’s third cryptocurrency exchange

Local firm Hong Kong Virtual Asset Exchange aims to offer over-the-counter trading, exchange and custody services.

Posted on 04/10/2024

Hong Kong stock rally resumes as oil price fears and Mideast tensions weigh on Europe and U.S.

Shares in Hong Kong jumped while most other markets in Asia and Europe eked out small gains. Oil prices rose as investors awaited Israel's response to Iran's Tuesday missile attack. China’s markets remained closed for Golden Week holidays.

Posted on 04/10/2024

Li Ning: Consider Both Growth And Margins

Li Ning's revenue growth outlook is positive, driven by a potential economic recovery in China and Nike's challenges. See why LNNGF stock is a Hold.

Posted on 04/10/2024

While no longer a manufacturing base for textiles, Hong Kong’s edge in R&D can innovate eco-friendly solutions for the industry

While no longer a manufacturing base for textiles, Hong Kong’s edge in R&D can innovate eco-friendly solutions for the industry.

Posted on 04/10/2024

Hong Kong can’t rest on laurels once it overtakes Switzerland as top family office hub: official

Hong Kong is set to surpass Switzerland as the top wealth management hub by 2027-28, but must stay competitive, says Joseph Chan.

Posted on 04/10/2024

Hong Kong will not sell commercial land for a seventh quarter

Hong Kong said on Friday it would not offer any commercial land for sale again in the quarter from October to December, the seventh in a row, as low demand keeps office vacancy rates high.Development ...

Posted on 04/10/2024

Hong Kong ranked highly among world’s top business-ready economies, best for global trade

Government spokesman praises report by World Bank Group, says recognition underscores Hong Kong’s role as a ‘superconnector’ in global trade.

Posted on 04/10/2024

Hong Kong is ‘living lab’ where Chinese companies can hone AI abilities: Paul Chan

The city’s strength in fintech makes it an ideal place to develop AI and big data analytics, finance chief says.

Posted on 04/10/2024

Hong Kong shares reach again for 20-month peak

SINGAPORE: Hong Kong stocks rose more than 2% on Friday, still cheering China's massive economic stimulus proposals, while other global markets were skittish about escalating tensions in the Middle ...

Posted on 04/10/2024

Hong Kong stocks resume rally as Alibaba, Tencent lead tech gainers

This round of rally has more legs as many stocks are still trading below their three- and five-year averages, says John Choi of Daiwa Securities.

Posted on 04/10/2024

Fresh spaces add cachet for Hong Kong’s auction scene

Sotheby’s, Christie’s and Bonhams are following Phillips into swisher sites, with architect-designed buildings that allow for different sales formats

Posted on 04/10/2024

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) - Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), ...

Posted on 04/10/2024

IN FOCUS: As expats exit Hong Kong and mainlanders enter, businesses and communities are counting the costs

From eateries and schools to yoga studios, the impact of an expat exodus in Hong Kong has been cutting across sectors. While some businesses have called it quits, others have managed to stay afloat, ...

Posted on 04/10/2024

Worldline partners with BOCHK to launch open platform card solution in Hong Kong

Worldline has announced a partnership with the Bank of China Hong Kong (BOCHK), making it Worldline's first customer of its open platform card solution Paysuite Essential Edition in Hong Kong. BOCHK ...

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