... as one of the two most important informal indicators of Hong Kong stocks. The other indicator is the “Ting Hai effect”, a strange stock market phenomenon that the Hang Seng Index often sells off when a movie or television show starring Hong Kong ... ( read original story ...)
Hong Kong Market May Extend Thursday's Losses
The Hong Kong stock market on Thursday halted the two-day winning streak in which it had spiked more than 380 points or 1.6 percent. The Hang Seng Index now rests just ... percent and Industrial and Commercial Bank of China collected 0.21 percent. ( read original story ...)
Hong Kong stocks end weaker after Yellen’s comments
HONG KONG: Hong Kong stocks followed Asian markets lower on Thursday, with sentiment hurt by Federal Reserve Chair Janet Yellen’s hints that the pace of U.S. interest rate hikes could accelerate. The benchmark Hang Seng index dropped 0.2 percent ... ( read original story ...)
Can Hong Kong Stocks Rally Despite China Chill?
Investors in Hong Kong stocks will need a deft hand in 2017 if they’re to successfully navigate the challenges of slower Chinese growth and growing political tensions ahead of the election of the financial hub’s new leader in March. ( read original story ...)
Bank of Canada's Poloz to wait and watch for ‘things that go Trump in the night’
Brian DePratto, Toronto-Dominion Bank Global markets are mixed so fa. Tokyo’s Nikkei gained 0.4 per cent, Hong Kong’s Hang Seng 1.1 per cent, and the Shanghai composite 0.1 per cent. In Europe, London’s FTSE 100 was up 0.1 per cent by about 7:35 ... ( read original story ...)
HK stocks end lower ahead of Trump inauguration
Hong Kong's Hang Seng Index fell 0.7 percent to 22,885. The Shanghai Composite Index rose 0.7 percent to 3,123 and the Shenzhen Composite Index jumped 1.5 percent to 1,885. Mainland markets were cheered by figures showing that the mainland's economy grew a ... ( read original story ...)
Rate rises not affecting Hong Kong property market with prices set to rise 5% this year
Joseph Tsang, JLL Hong Kong’s managing director, attributes the market’s resilience to strong pent-up demand among first time buyers, low mortgage rates and a the large number of cash rich buyers in the market, including mainland Chinese. He believes ... ( read original story ...)
Hong Kong housing curbs may give Singapore property relief
Singapore's three-year decline in home prices could see relief this year as foreign investors who have been turned off by Hong Kong's move to increase the stamp duty for overseas buyers look elsewhere. All the major international real estate agencies are ... ( read original story ...)
People are living in ‘coffin homes’ because of Hong Kong’s skyrocketing property prices
Twenty square feet with little space to fit many belongings Wong Ziwa calls this space home. These so called “coffin homes” – an apartment subdivided into many tiny spaces – are common in Hong Kong where property prices are one of the most ... ( read original story ...)
Can Hong Kong Keep its Business?
Annual container volumes at the Port of Hong Kong have fallen below 20 million TEU for the first time in 13 years despite a 14.3% rise in throughput to 1.8m TEU to produce the best monthly growth of the year in December. The port saw an annual volumes fall ... ( read original story ...)
Hong Kong's Cathay Pacific to cut jobs as part of review
SYDNEY Hong Kong's flag carrier Cathay Pacific Airways will cut jobs and consider shifting some flights to its short-haul arm after completing the biggest review of its business in two decades, it said on Wednesday. The company laid out the results of the ... ( read original story ...)
CNOOC Limited Announces its 2017 Business Strategy and Development Plan
HONG KONG, Jan. 19, 2017 /CNW/ -- CNOOC Limited (the "Company") (SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its business strategy and development plan for the year 2017. The Company's net production target for 2017 is in the range of 450 to 460 ... ( read original story ...)
HONG KONG DISNEYLAND ANNUAL BUSINESS REVIEW FOR THE FISCAL YEAR 2012
1 KEY HIGHLIGHTS Hong Kong Disneyland ( HKDL ) once again delivered record attendance, occupancy and guest spending in fiscal The resort generated record revenues of HK$4,272 million, up 18% from prior year, and a net profit of HK$109 million, the first ... ( read original story ...)
TURKISH AIRLINES BUSINESS CLASS
Turkish Airlines was the ideal airline for a luxurious yet affordable business class while returning to London from Hong Kong for the holidays. The amazing services included comfortable seats that converted to lie down beds, mouthwatering meals ... ( read original story ...)