Hong Kong stocks closed at a one-month low and China shares fell on Monday, as elevated Sino-U.S. geopolitical tensions over a suspected spy balloon dented investor sentiment. The market also tracked ...
Hong Kong securities regulator to add virtual asset personnel to boost crypto supervision
The Securities and Futures Commission said at Legco that it is adding four new people to 'better supervise' virtual asset service providers The agency has slowed hiring from last year, but the ...
Disney+ Pulls ‘Simpsons’ Episode in Hong Kong, FT Reports
Walt Disney Co. recently removed an episode of “The Simpsons” that refers to forced labor camps in China from its streaming platform in Hong Kong, the Financial Times reported.
Carry trade returns as interest rate gap drives Hong Kong’s dollar to the weak end of its peg
The currency weakness is being fuelled by a plunge in the local cost of borrowing, which decreases the appeal of owning the Hong Kong dollar versus its US peer ...
HK Dollar Carry Trade Reignited on Biggest Yield Gap Since 2007
The Hong Kong dollar is rapidly heading toward the weak end of its trading band against the greenback as traders sell the currency to buy higher-yielding US assets.
Full resumption of cross-border travel to boost recovery of Hong Kong’s economy: financial secretary
People shop and relax at Causeway Bay in Hong Kong on January 2. Photo: cnsphoto. The full resumption of cross-border travel between the Chinese mainland and Hong Kong Special Adm ...
Hong Kong’s Lee Aims to Encourage Aramco to List in City
Hong Kong Chief Executive John Lee is seeking to convince oil giant Saudi Aramco and its units to consider a secondary listing in the Asian financial hub as he embarks on his first official visit to ...
Hong Kong Businesses Start 2023 In Most Optimistic Mood For Over A Decade
January saw business confidence hit an all-time high. S&P Global's PMI surveys generally track actual changes in business metrics such as output, employment and prices.
Hong Kong’s John Lee is heading to the Middle East to boost business links, but is drive too little, too late to capitalise on oil-rich region?
Visit will be watched for government's ability to tap opportunities in Gulf states' ambitious economic diversification plans But economists say Hong Kong has become less appealing for Middle Eastern ...
Stymied by the West, Russia is getting critical semiconductors from mainland China, Hong Kong
With the one-year anniversary of the Ukraine invasion three weeks away, a US trade group says ‘China and Hong Kong have successfully replaced other countries as chip suppliers’.
A New Feng Shui Cycle Starts Soon and Distressed Financial Traders Are All In
When markets fall, stock pickers seek out age-old wisdom such as placing pineapples around the office.
Want To Visit Hong Kong? Half Million Air Tickets For Free: How To Get Them
Starting in March, the city of Hong Kong will give away 500,000 air tickets for free as part of the “Hello Hong Kong” campaign to revitalize its tourism sector — and you might get one.
China’s latest IPO reform unlikely to flood markets with new issuance, bankers say
CHINA’S move this week to streamline stock-market listing rules is unlikely to result in a flood of initial public offerings (IPOs), said bankers. They cited the prospect of state intervention on ...
China IPO Reform Is ‘Significant Milestone’, Goldman Sachs Says
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman ...