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Category: FINANCE

Posted on 31/12/2024

Chinese stocks post first annual gain since 2020, HK ends four-year rout

The Shanghai Composite Index gained 13.9% in 2024, ending a two-year decline, while Hong Kong's benchmark Hang Seng Index closed the year's final session up 0.1%, for an annual gain of 17.9% that ...

Posted on 31/12/2024

AI to lift domestic HK banks’ earnings by 8-17%

AI could boost pretax earnings by up to 17%, or $1.5 billion a year, at Hong Kong banks BOCHK, Hang Seng, and BEA, based on Bloomberg Intelligence estimates, 2023 filings, and Deloitte research.

Posted on 31/12/2024

Hong Kong Sees Rush of IPO Filings on Last Trading Day of 2024

A slew of companies have announced plans to list shares in Hong Kong over the next month in a further sign the city’s IPO market is reviving.

Posted on 31/12/2024

Chinese toy maker Bloks Group files for up to HK$1.46 billion Hong Kong IPO

BLOKS Group is looking to raise as much as HK$1.46 billion (S$225 million) in a Hong Kong initial public offering (IPO), as the Chinese toy maker aims to ramp up product development and output while ...

Posted on 31/12/2024

Hang Seng May Give Up Support At 20,000 Points

The Hong Kong stock market has tracked lower in two straight sessions, sinking more than 50 points or 0.3 percent along the way. The ...

Posted on 31/12/2024

HSBC Holdings Boosts Shareholder Value with Aggressive Buy-Back

HSBC Holdings (GB:HSBA) has released an update.Don't Miss Our New Year's Offers:Discover the latest stocks recommended by top Wall Street ...

Posted on 31/12/2024

Busy 2024 for Hong Kong rugby but World Cup announcement overshadows on-field news

And it is at the new HK$30 billion (US$3.9 billion) complex where the Cathay/HSBC Hong Kong Sevens will make its home from 2025, after the worst-kept secret in local sport was revealed with ...

Posted on 31/12/2024

China Market Update: Mainland Buying Makes Up Half Of Hong Kong Turnover

Asian equities were largely lower on light volumes as the Philippines was closed for Rizal Day, which is a national holiday commemorating the life and works of Jose Rizal, a national hero of the ...

Posted on 31/12/2024

Hong Kong’s Hang Seng Index closes 0.04 pct lower

HONG KONG, Dec. 27 (Xinhua) -- Hong Kong's stock market ended lower on Friday with the benchmark Hang Seng Index down 0.04 percent to close at 20,090.46 points. Bucking the trend, the Hang Seng ...

Posted on 31/12/2024

How to Watch Gabriel Diallo vs. Roberto Carballes Baena at the 2024 BANK OF CHINA HONG KONG TENNIS OPEN: Live Stream, TV Channel

In the Round of 32 at the BANK OF CHINA HONG KONG TENNIS OPEN on Tuesday, Roberto Carballes Baena (ranked No. 57) faces Gabriel Diallo (No. 87).Diallo’s last match was a win, 6-0, 7-6, over ...

Posted on 31/12/2024

How to Watch Luciano Darderi vs. Miomir Kecmanovic at the 2024 BANK OF CHINA HONG KONG TENNIS OPEN: Live Stream, TV Channel

In a match slated for Monday, Miomir Kecmanovic (No. 54 in rankings) will face Luciano Darderi (No. 44) in the Round of 32 at the BANK OF CHINA HONG KONG TENNIS OPEN.In his most recent outing, ...

Posted on 31/12/2024

How to Watch Lorenzo Sonego vs. Brandon Nakashima at the 2024 BANK OF CHINA HONG KONG TENNIS OPEN: Live Stream, TV Channel

In a match scheduled for Monday, Brandon Nakashima (No. 38 in rankings) will face Lorenzo Sonego (No. 53) in the Round of 32 at the BANK OF CHINA HONG KONG TENNIS OPEN.Sonego was last in action on ...

Posted on 31/12/2024

Hong Kong calls for creation of a Bitcoin national reserve

Hong Kong should leverage its “one country, two systems” policy to include Bitcoin in its national reserves, according to Legislative Council member Wu Jiexhuang. Speaking to local media outlet Wen ...

Posted on 30/12/2024

How to Watch Zizou Bergs vs. Alejandro Moro Canas at the 2024 BANK OF CHINA HONG KONG TENNIS OPEN: Live Stream, TV Channel

On Monday, Alejandro Moro Canas (No. 169 in the world) meets Zizou Bergs (No. 71) in the Round of 32 at the BANK OF CHINA HONG KONG TENNIS OPEN. In Bergs’ last competition, he was defeated by Lorenzo ...

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