European markets are mixed after a broad retreat in Asia as investors watch to see what's next following the second- and third-largest bank failures in U.S. history ...
China’s finance minister backs Hong Kong ‘broadening international cooperation’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Hang Seng Index crash: There is an ill wind blowing
The Hang Seng index sell-off gained steam on Tuesday as fears of a global contagion spread. The closely watched index plunged by almost 2% ...
HSBC, AIA, Country Garden lead decline in Hong Kong stocks as Hang Seng Index heads for lowest close since December
HSBC falls by more than 5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur ...
HSBC’s share price hit amid criticism of SVB UK purchase
HSBC's Hong Kong shares fell more than 6% at one point in Tuesday morning trading, following a 0.18% drop on Monday, the day the bank announced it had agreed to purchase Silicon Valley Bank UK for 1 ...
China’s finance minister backs Hong Kong widening ‘international cooperations’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...
China, Hong Kong stocks fall as SVB contagion fears linger
China and Hong Kong stocks fell on Tuesday to their lowest in more than two months, as fears lingered about contagion from the Silicon Valley Bank's (SVB) collapse.
HK stocks open lower on renewed fears over US bank
Hong Kong stocks fell at the open on Tuesday as traders around the world grow worried that the collapse of a regional US lender could lead to ...
HSBC, AIA, Alibaba lead decline in Hong Kong stocks as investors digest SVB fallout, Chinese premier’s positive outlook
HSBC falls 3.5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur investors ...
Hong Kong GDP Outlook Lifted on China; Singapore Sees High Costs
Hong Kong’s economy is likely to expand faster than initially thought as China’s reopening spurs activity, while rival financial hub Singapore is expected to continue contending with price pressures.
Hong Kong Hang Seng rebounds 2%
Meanwhile, buying sentiments underpinned further amid a bullish view on earnings among Chinese tech leaders, overshadowing concerns about a wider fallout among Chinese biotech companies including ...
‘SVB collapse will affect tech investment in HK’
A local economist said on Monday that the failure of Silicon Valley Bank (SVB) will not hit Hong Kong just yet, but its collapse will make it harder ...
HKMA monitoring Silicon Valley Bank fallout as Hong Kong-listed firms’ exposure reaches US$217 million
The fallout from the implosion of Silicon Valley Bank (SVB) has reached Hong Kong's shores, prompting the local monetary authority to assure depositors that the city's banking system is sufficiently ...