Category: FINANCE

HONG KONG: Hong Kong's stock market regulator has filed a lawsuit against major banks Standard Chartered and UBS along with consultancy firm KPMG over a 2009 initial public offering on the city's bourse. The Securities and Futures Commission (SFC) on ... ( read original story ...)

Hong Kong stocks retreated from the 23,000 threshold on Thursday ... during morning trading thanks to a continuous liquidity injection from the central bank. The Hang Seng Index shed 0.59 per cent or 136.27 points to 22,961.99 at the lunchtime break ... ( read original story ...)

Jan 20 Hong Kong stocks ended a thinly-traded week down and snapped three weeks of gains on Friday, as investors were wary ahead of Donald Trump's inauguration as the 45th U.S. president later in the day. The benchmark Hang Seng index fell 0.7 percent ... ( read original story ...)

... 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 ...)

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: 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 ...)

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 ...)

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 ...)

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 ...)

Hong Kong stocks retreated from the 23,000 threshold on Thursday ... during morning trading thanks to a continuous liquidity injection from the central bank. The Hang Seng Index shed 0.59 per cent or 136.27 points to 22,961.99 at the lunchtime break ... ( read original story ...)

HONG KONG Hong Kong's respected former financial secretary John Tsang on Thursday confirmed his intention to run for the Asian financial hub's top job in March, at a time of growing political tension and anti-China sentiment. "I have big dreams," said ... ( read original story ...)

Hong Kong’s securities regulator has filed a lawsuit against Standard Chartered Plc, UBS Group AG and audit firm KPMG LLP over an initial public offering by China Forestry Holdings Co. in 2009. The Securities and Futures Commission’s claim relates to ... ( read original story ...)

SINGAPORE, 17 Jan 2017 – The 2017 HSBC Singapore Rugby Sevens will see the participation of two top Asian sides as Hong Kong is confirmed as the wild card team. In Singapore, Hong Kong will line up alongside 15 other ‘core’ teams, including their ... ( read original story ...)

The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)