As proof of Hong Kong's vitality, Leung pointed to the Global Financial Leaders' Investment Summit held in November last year, which attracted more than 200 decision-makers in banking. Leung also ...
Hong Kong’s finance chief floats tax break for middle-class families with foreign domestic helpers
Hong Kong’s finance chief has vowed to consider a tax break for middle-class families who hire foreign domestic workers to help them cope with the pressures of a post-pandemic economy. While current ...
Hong Kong’s Hang Seng Index closes 0.54 pct higher
Hong Kong's stock market ended higher on Friday with the benchmark Hang Seng Index up 0.54 percent to close at 22,688.9 points.
FTX creditors list includes more than 50 Hong Kong institutions, including regulators HKMA and SFC
The Hong Kong Monetary Authority and the Securities and Futures Commission were two of thousands of entities included on a list of potential creditors to FTX The broad list does not mean named ...
Chinese Companies Raise Big Bucks In New York, Hong Kong
Eight Chinese companies have collectively raised more than $2 billion this month in Hong Kong and New York, seizing on recent positive market sentiment. The movement could augur a new fundraising wave ...
China Stocks Veteran Hao Hong Sees Hong Kong Surge to 2021 Highs
Hong Kong’s benchmark equity index may jump to the highest level since early 2021, after investors are back in force following the Lunar New Year holidays, according to long-time market veteran Hao ...
Hong Kong Dollar Pessimists Stage a Comeback
Story continues The drop in Hibor was from “a very high base, exacerbating the steepness of it,” said Kelvin Lau, senior economist at Standard Chartered Bank (HK) Ltd. in Hong Kong. Back in December, ...
Hong Kong stocks rise on hopes of strong China market reopening
Hong Kong shares ended higher on Friday, with investors positioning for a strong opening for the mainland China markets after the Lunar New Year break.
Hong Kong home prices fell 15.6 per cent in 2022, ending 13-year rising trend
The 15.6 per cent decline in the lived-in home price index last year was the biggest since a 32.5 per cent plunge during the Asian financial crisis in 1998 The index fell for a seventh month in ...
Asian markets extend rally on hopes US will avoid recession
Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across trading ...
Hong Kong stocks ease ahead of China market reopening after Lunar New Year holiday
slipped as Hong Kong home prices dropped 15.6% in 2022, snapping 13 years of gain. ** The sub-index of the Hang Seng tracking energy shares rose 0.7%, while the IT sector added 0.47%, the financial ...
HSBC Shares Become Most Overbought Since 1986 After 50% Rally
That’s the highest reading for HSBC’s Hong Kong-listed shares in Bloomberg data going back to 1986, and puts the stock’s RSI atop the 76-member Hang Seng Index.
Hong Kong Home Prices Drop 15.6% in 2022, Snap 13 Years of Gain
Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the first annual drop since 2008, official data showed on Friday. Prices in the Asian ...
Asian markets build on rally on hopes US will avoid recession
Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across ...