Asian equities followed the US equity market higher after the Fed’s announcement of three hikes in 2022 yesterday. ( read original story ...)
Hong Kong Market rebounds on Fed decision, China rate-cut hopes
At closing bell, the benchmark Hang Seng Index declined 0.91%, or 215.19 points, to 23,420.76. The Hang Seng China Enterprises Index dropped 0.9%, or 75.70 points, to 8,342.91. ( read original story ...)
3,000 travellers a day possible when Hong Kong-mainland China border reopens
However, the positive development on the long-awaited reopening came as the city uncovered what may prove to be its first case of the highly transmissible Omicron variant to have been in the local ... ( read original story ...)
Hong Kong Tech Conference Postponed as Pandemic Restrictions Isolate Business Hub
Organizers of the annual RISE Conference are postponing a gathering in Hong Kong that was set for March, the latest disruption from the Covid-19 pandemic to the city’s role as a global business hub. ( read original story ...)
Hong Kong shares rise as upbeat Fed outlook boosts global risk mood
Hong Kong shares rose on Thursday after an upbeat economic outlook from the U.S. Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump ... ( read original story ...)
Chervon launches $402m Hong Kong IPO
China-based tool manufacturer Chervon Holdings has hit the road with an up to HK$3.1bn ($401.8m) IPO. It is floating 71.9m primary shares, or 15% of its enlarged share capital, on the Hong Kong Stock ... ( read original story ...)
Hong Kong: College launches finance seminar
The Civil Service College today launched the "Expert Round Table for Economic Development" seminar series in collaboration with the Academy of Finance. The inaugural seminar took place in the Civil ... ( read original story ...)
The night is always young in Hong Kong
That has obviously been hard to do over the past two years, particularly for those in Hong Kong, who have long treated the city as a base for travelling but have been loathe to put themselves through ... ( read original story ...)
Asia tech conference calls off 2022 event in Hong Kong citing COVID-19 fears
A major tech conference scheduled to take place in Hong Kong in March has been cancelled and will return in 2023, organizers said Thursday, in a fresh blow ... ( read original story ...)
SenseTime aims to resume taking orders from retail investors for its US$767 million Hong Kong IPO next week, sources say
The resumption marks a quick turnaround in the fundraising plan by China’s largest AI firm, which has become the biggest corporate casualty yet of the Uygur Forced Labor Protection Act. ( read original story ...)
Hong Kong jobless rate falls further to 4.1 per cent as labour market’s recovery from effects of coronavirus pandemic rolls on
Officials had expected the labour market to continue to improve, although the extent would depend on the pace of the economic recovery and the epidemic situation. ( read original story ...)
Hong Kong’s FinTech Sector’s ‘Wine Valley’ Moment
The Hong Kong SAR government’s own Innovation and Technology Venture ... these “smart money” investors can offer tremendous value by giving entrepreneurs access to their extensive business networks ... ( read original story ...)
SenseTime plans Hong Kong IPO relaunch Monday: Sources
Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as early as Monday, ... ( read original story ...)
Hong Kong’s home prices to fall in 2022 as stock market slump creates ‘negative wealth effect’, Morgan Stanley says, marking a halt in city’s decade-long real estate …
Morgan Stanley expects Hong Kong's 2022 home prices to fall by 2 per cent, going against the market's consensus of gains between 3 and 10 per cent Sales volume of lived-in homes may contract by 15 per ... ( read original story ...)