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Category: FINANCE

Posted on 31/12/2023

Hong Kong Open: City ‘deprived’ of elite tennis for too long, says English star Broady, home pair out on day 1

Liam Broady says city's wait for an elite men's tennis tournament went on too long, Englishman praises centre court atmosphere Hong Kong pair Wong Tsz-fu and Jack Wong out on day one, while organisers ...

Posted on 31/12/2023

Singapore hedge fund says Hong Kong stocks are ‘once-in-a-lifetime’ chance for big upside after wildest two years since 2008

Investors should look past all the bad news and grab the bargain of a lifetime, says Asia Genesis Asset Management. ‘Risk reward is the best I have seen in 40 years of investing and trading,’ founder ...

Posted on 31/12/2023

India’s IPO Triumph: Mumbai Tops Global Charts, Hong Kong Slips To Sixth Place – Details

In the Asian investment landscape, 2023 witnessed a notable divergence, with Japan's benchmark index reaching a 33-year high, Hong Kong experiencing its fourth consecutive year of decline, and India ...

Posted on 31/12/2023

Hong Kong restaurants feel pinch with New Year visitor numbers at 66% of pre-pandemic levels

Financial Secretary Paul Chan says Hong Kong will be pushing to boost its global presence in 2024 and run a series of mega-events.

Posted on 31/12/2023

Hong Kong Spot Bitcoin ETF Signals Bullish Market Shift More Than US

Hong Kong’s financial regulator has set forth guidelines for the approval of spot bitcoin ETFs, embracing both "in-kind" and "cash creates" models.

Posted on 31/12/2023

Hong Kong Open: City ‘deprived’ of elite tennis for too long, says English star Broady, home pair out on day one

Liam Broady targeted an extended run at the Bank of China Hong Kong Tennis Open, and said the return of the elite men’s game to the city was long overdue, after beating Tunisia’s Aziz Dougaz in ...

Posted on 31/12/2023

FS: Hong Kong be “open-minded” about new challenges

Financial Secretary Paul Chan on Sunday reviewed Hong Kong's economic development over the past year, saying the SAR needs to maintain a "curious and open-minded attitude" to meet the challenges of ...

Posted on 30/12/2023

Hong Kong Open: Rublev ready to challenge world’s best after doubting he deserved top 5 ranking

Russian Andrey Rublev says there were times last season when he wondered if his level of tennis was good enough The 26-year-old is the top seed in Hong Kong in a field that also includes fellow ...

Posted on 30/12/2023

India-Hong Kong TBML Crackdown: 4 Held in Diamond Trade Scheme

Indian-Hong Kong Customs dismantle major TBML network. Synthetic diamonds mis-declared, money laundered globally. Joint effort results in 4 arrests.

Posted on 30/12/2023

Jefferies Reaffirms Their Buy Rating on BOC Hong Kong (Holdings) (BNKHF)

In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...

Posted on 30/12/2023

Hong Kong IPO market revival on the cards amid favourable interest-rate outlook, China policy easing

Hong Kong’s IPO ranking sank to the 8th this year. But analysts are confident the stock exchange can shrug off a dismal year, pointing to potentially lower rates next year and China’s policy boost for ...

Posted on 29/12/2023

Hong Kong deficit balloons to HK$164.1 billion for first 8 months of financial year

Government reveals financial figures for April to November period, with expenditure reaching HK$472.3 billion and revenue at HK$241.6 billion Economist Andy Kwan calls deficit alarming Hong Kong's ...

Posted on 29/12/2023

Hong Kong Stocks Plunge to Losses for 4th Straight Year

a Japanese bank. “China’s weak economy clearly has weighed on the performance of Chinese stocks listed in Hong Kong,” Mr. Seth said. Image Hundreds of billions of dollars flowed out this year as money ...

Posted on 29/12/2023

UBTech, maker of Stormtrooper robots, gains in Hong Kong trading debut after pricing final IPO of 2023 at lower end of range

Stock rises in trading after an early drop, as Hong Kong's equity market wraps up a fourth straight year of losses Shenzhen-based robot maker sold about 11.3 million new shares at HK$90 each, versus ...

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