Category: FINANCE

“We continue to support David Baazov,” Stanley Choi, chairman of Head and Shoulders Financial Group, said in a phone interview from Hong Kong, adding that he’s “not at all” concerned about what happened in the past week with KBC. He declined to ... ( read original story ...)

A huge rainbow flag led thousands through the streets of Hong Kong Saturday as the city's LGBT community braved the rain and wind to call for equality at its annual pride parade. Participants dressed for this year's "naughty green" theme sang and danced ... ( read original story ...)

Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong ... ( read original story ...)

The HKSAR Government welcomed the announcement. Financial Secretary John Tsang thanked the relevant Central Authorities for their staunch support for the Shenzhen-Hong Kong Stock Connect “The regulatory authorities as well as exchanges and clearing ... ( read original story ...)

Chief Executive Leung Chun-ying has dismissed allegations that he used his influence six years ago to secure an internship for his younger daughter at an international investment bank Leung Chung-yan was still at secondary school at the time and her father ... ( read original story ...)

which has underpinned confidence and there are also expectations that capital flows into Hong Kong equities from the mainland will strengthen. After opening little changed, the Hang Seng index moved sharply higher in the first 30 minutes of trading with a ... ( read original story ...)

Hong Kong stocks notched up their biggest ... partly due to the bank’s share repurchase scheme. Yip said the short-term rebound hasn’t reached an end but the Hang Seng Index will face more resistance at 23,000 to 23,600. Brett McGonegal, chairman ... ( read original story ...)

Nov 17 Hong Kong's benchmark Hang Seng Index edged lower on Thursday, with continued strength in the U.S. dollar hurting sentiment in Asia, but the decline was limited by strength in the services sector. The benchmark Hang Seng index fell 0.1 percent ... ( read original story ...)

The Hang Seng index rose 0.5 percent, to 22,723.45, the highest closing since Nov. 10. The Hong Kong China Enterprises Index, which tracks Chinese companies listed in the city, posted solid gains, rising 1.2 percent, to 9,790.23 points, aided by a ... ( read original story ...)

Stocks in Hong Kong closed higher today. The blue chip Hang Seng Index was up by 0.51 percent, or 114.96 points, at 22,723.45 at the close. In Shanghai, the Composite Index gained by 0.62 percent, or 20.20 points, at 3,261.94 and the Shenzhen Composite ... ( read original story ...)

HONG KONG: Hong Kong stocks rose on Friday morning, recovering the previous day's losses and tracking gains across most of Asia's other markets. The Hang Seng Index added 0.36 percent, or 82.00 points, to 22,690.49 by the break. The benchmark Shanghai ... ( read original story ...)

Banks also rose, with China Construction Bank gaining 0.88 per ... up from the HK$61.45 seen at the Hong Kong close. Sinopec’s ADR increased from HK$5.40 to HK$5.45 and China Mobile rose from HK$83.55 to HK$83.89. The Hang Seng Index futures spot ... ( read original story ...)

HONG KONG, Nov. 24 (Xinhua) -- The following are foreign exchange rates against Hong Kong dollar released by Hang Seng Bank Limited on Thursday: Buying Selling U.S. dollar 774.20 777.20 Australian dollar 568.40 576.40 Canadian dollar 569.80 577.50 Swiss ... ( read original story ...)

The Hang Seng China Enterprises Index fell for the first time in five days, with China Vanke Co declining after closing at a record high yesterday. Hong Kong’s benchmark index has fallen more than 6 per cent since its September peak, as inflows from the ... ( read original story ...)