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Category: BUSINESS

Posted on 25/08/2020

Hong Kong Wine & Dine Festival Goes Virtual in November, Making it the Most Internationally-Accessible Ever

The Hong Kong Tourism Board (HKTB) announced today that its annual signature event "Hong Kong Wine & Dine Festival" will t ... ( read original story ...)

Posted on 25/08/2020

China Market Update: Hong Kong’s Galloping Growth Stocks Rise Led By ATMX

Hong Kong was driven by growth stocks, as evidenced by volume leader Tencent gaining +5.79% on the WeChat usage announcement, Alibaba HK rising +4.69%, Meituan Dianping rising+8.4%, after reporting ... ( read original story ...)

Posted on 25/08/2020

The Hongkong And Shanghai Hotels: Taking A Longer-Term View

The Hongkong And Shanghai Hotels suffered from an EBITDA loss of -HK$95 million in 1H 2020, and market consensus expects its EBITDA loss to widen to HK$270 million for the full year. ( read original story ...)

Posted on 24/08/2020

Covid-19 Live Updates: Researchers Document First Case of Virus Reinfection

A patient was diagnosed with a second case of Covid-19 more than four months after the first, scientists in Hong Kong said. ( read original story ...)

Posted on 24/08/2020

Hong Kong in travel bubble talks with Japan and Thailand

Hong Kong has restarted discussions with Japan and a handful of other countries over setting up travel bubbles, commerce chief Edward Yau said Monday, give ... ( read original story ...)

Posted on 24/08/2020

U.S. Order to Label Hong Kong Goods as ‘Made in China’ Is ‘Uncivilized,’ Official Says

The pending U.S. order to change the labeling on goods manufactured in Hong Kong to say “Made in China” is unreasonable and uncivilized, said Edward Yau, the city’s commerce and economic development ... ( read original story ...)

Posted on 24/08/2020

Alibaba Investors Swap U.S.-Listed Shares for Hong Kong

Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong Kong stock in part to avoid potential U.S. sanctions and de-listings of major ... ( read original story ...)

Posted on 24/08/2020

Hong Kong, China stocks climb on report US companies can still do business in China on WeChat, ChiNext reforms kick in

Tencent and Alibaba are getting a boost on the latest news around souring US-China tensions. US companies will be allowed to use Tencent’s WeChat in China and big Alibaba shareholders are swapping ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stocks Set for Five-Month High as Optimism Builds

Confidence in Hong Kong firms is growing among stock traders despite the city’s severe economic slowdown, continuing tough social distancing restrictions and concern over the impact of the national ... ( read original story ...)

Posted on 24/08/2020

Singapore Exchange discusses MSCI’s derivatives shift to Hong Kong

Michael Syn, senior managing director of equities at Singapore Exchange, elaborates on index provider MSCI's move to shift the licensing of many derivatives from Singapore to Hong Kong. He says ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stocks Lead Asia Higher; Dollar Slips: Markets Wrap

Stocks rose, led by gains in Hong Kong, amid signs of a thawing in U.S.-China tensions from the Trump administration and as investors await a policy speech by Federal Reserve Chair Jerome Powell later ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stock Market Has Firm Lead

The Hong Kong stock market on Friday ended the two-day slide in which it had fallen more than 570 points or 2.2 percent. The Hang ... ( read original story ...)

Posted on 23/08/2020

How Hong Kong’s protest movement went global

Hong Kong activists have managed to harness the momentum of the protests into tangible political influence in the halls of power. ( read original story ...)

Posted on 23/08/2020

Hong Kong’s future lies with fintech, and it will be bright

Hong Kong is the gateway for Chinese companies to launch internationally, and companies seeking to reach China and Southeast Asia. China is the only major economy expected to grow this year, and ... ( read original story ...)

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