Hong Kong's red-hot real estate market has been a driver of social unrest. It’s only a matter of time before Beijing targets the sector under its common prosperity campaign. ( read original story ...)
Hang Seng index drops more than 3% as Evergrande shares plunge 10%, other property stocks fall
The Hang Seng index dropped 3.3% to close at 23,099.14. Shares of China Evergrande Group in the city plummeted 10.24%, after falling as much as 17% earlier. The Hang Seng Properties index dropped to a ... ( read original story ...)
Election of single opposition candidate Tik Chi-yuen proves Hong Kong democracy, says Beijing
The election of a sole opposition candidate to Hong Kong’s powerful election committee has been held up by Beijing as proof that the territory’s democracy is fl ... ( read original story ...)
Hang Seng index slapped Amid the Evergrande share price meltdown
The Hang Seng index dropped to the lowest level in eleven months as contagion risks rose. The index declined by more than 3.3% ... ( read original story ...)
Hong Kong’s Hang Seng index drops nearly 4% as Evergrande shares plunge nearly 17%, other property stocks fall
Hong Kong's Hang Seng index led losses in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to drop. The Hang Seng Properties index declined nearly 7%, ... ( read original story ...)
Evergrande contagion fears hit Hong Kong stocks, with default expected
Fears of a contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong on Monday ... China Minsheng Bank, Agricultural Bank of ... ( read original story ...)
Hong Kong property firms plunge as Evergrande fears grow
The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt.The firm, one of the ... ( read original story ...)
RPT-Hong Kong shares, yuan battered by plunging property stocks
Hong Kong shares fell to an 11-month low and the offshore yuan weakened on Monday, as a plunge in beleaguered property developer China Evergrande Group led other stocks in the sector lower. ( read original story ...)
Hong Kong Stocks Sink as Property Fear Spreads Beyond Evergrande
Growing investor angst about China’s real estate crackdown rippled through markets on Monday, pummeling Hong Kong developers and adding pressure on Beijing authorities to stop financial contagion from ... ( read original story ...)
Hong Kong Stock Index Plunges 3.9% As Evergrande Contagion Spreads Beyond Real Estate Into Banks
Hong Kong’s benchmark stock index plunged 3.9% this morning and is on track to close at a near one-year low year as contagion spread from the collapse of shares at real estate developer China ... ( read original story ...)
Hong Kong sees patriots inducted into new election committee
An election for Hong Kong's new Election Committee (EC) which only allowed "patriotic" candidates to run has concluded. The EC is responsible for choosing the city's next leader. It is the first poll ... ( read original story ...)
New Hong Kong electors decided with only 1 opposition member
Results for the vote for members of Hong Kong’s Election Committee have been finalized after hours of delays, with just one opposition-leaning candidate elected to the 1,500-strong committee ... ( read original story ...)
Hong Kong shares lead Asia lower; Tokyo and Shanghai closed
Shares fell more than 3% in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped ... ( read original story ...)
Stocks fall in Hong Kong; most other Asian markets closed
Shares fell more than 3% in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. ( read original story ...)