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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 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 ...

Posted on 29/12/2023

Top 10 things to do at the Bank of China Hong Kong Tennis Open 2024

ATP Tour tennis returns for the first time in more than 21 years this New Year with the inaugural Bank of China Hong Kong Tennis Open 2024 (BOCHKTO), from 31 December to 7 January at Victoria ...

Posted on 29/12/2023

Hong Kong Shares May Run Out Of Steam On Friday

The Hong Kong stock market has finished higher in back-to-back sessions, jumping more than 700 points or 4 percent along the way. The ...

Posted on 29/12/2023

Hong Kong stocks may reverse losing streak in 2024 on likely Fed rate cut, China policy support: HSBC Jintrust

Hong Kong stocks could end their longest losing streak in 15 years, as US monetary policy easing boosts risk appetite and corporate earnings improve on China’s economic recovery, HSBC Jintrust says.

Posted on 29/12/2023

HSBC HOLDINGS (00005.HK) Approved to Sell HSBC Canada to RBC; Expected Completion 1Q24

HSBC HOLDINGS (00005.HK) announced that the Minister of Finance of the Canadian federal government approved yesterday (21 Dec) the sale of its Canadian branch to the Royal Bank of ... HSBC HOLDINGS ...

Posted on 29/12/2023

Hong Kong stocks slip, trimming weekly gain, as market wraps up fourth year of losses

A 4 per cent rebound this week offers some consolation to investors in another poor year of trading in Hong Kong. China’s property and local government troubles could impede stock gains next year.

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