Shares in HSBC and Standard Chartered took another hit on Monday as Trump's sizeable tariffs on Asian countries continued to bite.
18 Hong Kong banks offer flexible loans to SMEs to cope with US-China trade war
More than a dozen Hong Kong banks, including the city's three currency issuers, have come together to offer flexible loans to support small and medium-sized enterprises (SMEs) and help them weather ...
Hong Kong Stock Market Plunges Over 800 Points Amid Tariff Threats, Chip Stocks Defy Trend
The recent turmoil in the Hong Kong stock market has sent shockwaves through the financial world. Following a threat from U.S. officials regarding a potential increase in tariffs on numerous Chinese ...
China, Hong Kong stocks rebound with regional markets, Beijing support
China and Hong Kong stocks regained some ground on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade ...
Hang Seng Index has collapsed. Here’s why it may rebound soon
Explore the main reason why the Hang Seng index may still stage a strong comeback as the trade war with China escalates.
Asian stock markets tumble – with Hong Kong’s Hang Seng index suffering worst fall for 28 years
Mr Trump's bombshell tariff announcement causes more turmoil as investor fear grows over a global trade war and a possible recession in the US.
HKMA and Bank Representatives Discuss Tariff War Support for SMEs
The ongoing tariff war, which has seen countries imposing tariffs on a range of goods, has put immense pressure on exporters worldwide. SMEs, which often operate with thin margins and limited ...
Chinese AI firm AICT plans to ‘get on the IPO runway’ in Hong Kong as market warms up
Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says.
Hong Kong’s Hang Seng recovers some lost ground as some Asian markets advance
Asian shares advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets calmed somewhat after the shocks from U.S.
A government-owned bank can help Hong Kong weather tariff storm
Readers discuss support for businesses in a trade war, cutbacks to US Department of Education, and the timing for a sales tax Feel strongly about these letters, or any other aspects of the news? Share ...
HK shares suffer steepest decline since 1997, state fund steps in China shares
Hong Kong stocks experienced their biggest drop since 1997 on Monday after Beijing fired back at U.S. tariffs with its own trade levies, deepening market turmoil amid fears of a widening trade war, ...
Chinese AI firm AICT to submit Hong Kong IPO application by month’s end
Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says A Beijing-based artificial intelligence (AI) company is moving ...
Hong Kong stocks bounce back at opening
The Hang Seng Index gained 329.22 points, or 1.66 percent, to open at 20,157.52 points on Tuesday. Earlier, China's central bank, the People's Bank ...
Hong Kong banks report better H2 margins despite CRE risks
Margins and income improved in H2 2024 compared to H1.. Four banks in Hong Kong— Bank of East Asia (BEA), Dah Sing Bank, China CITIC Bank International, and Naynang Commercial Bank— saw a better H2 ...