HONG KONG: Hong Kong stocks eased in the first few minutes of trade Thursday following losses on Wall Street that came in reaction to minutes from the Federal Reserve showing it is considering tightening monetary policy. The Hang Seng Index slipped 0.35 ... ( read original story ...)
Zacks: Hang Seng Bank Ltd. (HSNGY) Given $22.35 Consensus Price Target by Brokerages
Hang Seng Bank Ltd. (NASDAQ:HSNGY) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy ... ( read original story ...)
Hong Kong stocks lose ground as summit day arrives; mainland indexes higher as ‘Xiongan concept’ rally continues
Among the so-called “Xiongan concept” stocks, Beijing-based cement maker BBMG Corp’s Hong Kong shares fell 6.7 per cent to HK$4.5 while its Shanghai shares jumped 10 per cent for a second straight day to 5.6 yuan. China Gas, which has business in ... ( read original story ...)
Soaring rents may expose flaws in longtime economic theory: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)
Hong Kong financial institutions aim to partner with FinTech firms: survey
HONG KONG, April 6 (Xinhua) -- PricewaterhouseCoopers (PwC), a multinational professional network, launched its 2nd Global FinTech Survey, showing that 82 percent of financial institutions in Hong Kong intend to form partnerships with financial technology ... ( read original story ...)
25-Year-Old May Soon Give Hong Kong Its First $1 Billion Startup
Hong Kong may soon get its first billion-dollar startup, thanks to a 25-year-old entrepreneur whose company leases phones to travelers. Tink Labs Ltd. is in the process of raising about $40 million and aiming for a valuation of more than $1 billion ... ( read original story ...)
Out-of-control double-decker tram overturns in Hong Kong leaving 14 injured as police arrest driver on suspicion of dangerous driving
Lo is said to have been a tram driver for a year and a half. The footage, released by Hong Kong news website Apple Daily, shows the vehicle veering to the right before toppling over on Des Voeux Road Central near the HSBC headquarters. The tram was ... ( read original story ...)
Hong Kong stocks tick up before Trump-Xi meeting
The benchmark Hang Seng index added 0.6 per cent, to 24,400.80 points, while the Hong Kong China Enterprises Index gained 0.5 percent, to 10,365.32 points. Much of the market's attention was on the landmark Trump-Xi summit on Thursday and Friday. ( read original story ...)
Zacks Investment Research upgraded Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) to Hold in a report released today.
Zacks Investment Research has upgraded Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) to Hold in a report released on 04/05/2017. Yesterday Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) traded 1.06% higher at $20.10. The company’s 50-day moving average is $20.38 ... ( read original story ...)
Captains set for Hong Kong as Norton on course to break try record
World Rugby Vice-Chairman Agustín Pichot said: "Hong Kong is one of the biggest and most unique tournaments on the HSBC Sevens Series circuit and this weekend will be yet another fantastic event. "South Africa are deservedly leading the field but there ... ( read original story ...)
Royal Dutch Shell strikes deal to offload its Hong Kong LPG business as $30bn sell-off programme rolls on
Royal Dutch Shell has announced a deal to sell its liquefied petroleum gas business in Hong Kong and Macau to DCC Energy for $150.3million as it continues its $30billion asset sales programme. The Anglo-Dutch oil major has been active in the two locations ... ( read original story ...)
Hong Kong food and craft artisans struggle to reclaim disappearing traditions
Suen) Hong Kong Foodie Tours takes a small group on a walk through ... New operators might choose to develop innovative streams of revenue to help supplement the parent business. Pat Chun,a brand known for its sweet vinegars, for example, has branched ... ( read original story ...)
Hong Kong poultry sellers call for financial help to fight bird flu threat
Hong Kong poultry sellers have called for financial support from the government to introduce better facilities to separate consumers and live chickens in wet markets amid the threat of bird flu. This came as the government launched a two-month public ... ( read original story ...)
Hong Kong ‘dream machine’ explores a culture’s tension, uncertain future
Hong Kong is much more than one of the world’s most recognized metropolises. The city, whose name translates as “Fragrant Harbour,” has played an essential role in the rise of global trade and finance. As a former British colony, it became a gateway ... ( read original story ...)