The slower pace could bring some much-needed respite for Hong Kong's economy, which is trying to grow its way out of recession The slower increase, done in lockstep with the Federal Reserve, came ...
Hong Kong economy shrinks worse-than-expected 3.5 per cent in 2022 on weak external demand, advance figures show
Domestic demand slackened, dragged initially by Hong Kong’s fifth wave of Covid-19 cases and subsequently by tightened financial conditions, the spokesman said. “Looking ahead, the Hong Kong economy ...
Hong Kong’s Q4 GDP down 4.2% y/y, 4th quarter of contraction
Hong Kong's economy contracted by 4.2% in the fourth quarter from a year earlier, advance government data showed on Wednesday, shrinking for the fourth consecutive quarter as exports were hampered by ...
Hong Kong Based Brokerage Grandbay Capital Expects IPO Market To Pick Up In 2023
Grandbay Capital expect investors to have more IPO options to choose from this year, after a lean 2022. CENTRAL, HONG KONG, January 29, 2023 /einpresswire.com / -- Director of Institutional ...
Higher Open Called For Hong Kong Shares
The Hong Kong stock market has moved lower in consecutive trading days, tumbling more than 840 points or 4 percent along the way. The ...
Hong Kong stocks decline as traders await more China recovery signals, while fund warns of market pullback as Fed meets
Stocks declined for a second day as traders looked for more recovery signals to justify the rally.The Fed holds its policy meeting this week. BYD surged following a bullish earnings alert.
Cannabis, tobacco vape maker Inspire Tech files U.S. IPO
The maker of Aspire, which sells tobacco products worldwide and vaping products in the United States, is looking to go public ...
Taiwan’s export orders down 23 per cent, China and Hong Kong lead decline despite reopening
Taiwan’s export orders fell by 23.2 per cent in December compared to a year earlier to US$52.17 billion, data released on Tuesday showed, with mainland China and Hong Kong leading the decline in ...
VC/PE funds backing more China IPOs
China’s venture capital and private equity market went through a difficult 2022 with a drop in the number of new funds and overall subscription size. Internet, real estate and consumption were the top ...
Hong Kong must tighten belt in ‘post-Covid era,’ finance chief says ahead of annual budget
The Hong Kong government must tighten its belt following increased expenditure during the Covid-19 pandemic, the city’s financial chief has warned ahead of the annual budget to be delivered next month ...
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%. Hong Kong’s banking and financial industry will experience a further tightening job market in 2023 as the number of job ...
Morgan Stanley Says Buy the Dip After Hong Kong Stocks Slumped
Morgan Stanley sees Monday’s dive in the Hong Kong stock market as an “opportunity” and recommends investors buy the dip, as China’s economy recovers, relations between Beijing and Washington ...
Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks
The recovery in Chinese stocks gained steam on Monday, as China's benchmark index came within striking distance of a bull market. The CSI 300 Index, which tracks the largest mainland-listed stocks, ...
Hong Kong’s Sovereign Wealth Fund Suffers Record Loss
Hong Kong's half-trillion-dollar investment fund set up to defend the financial hub's currency has suffered its largest loss on record of more than HK$200 billion ($25 billion), authorities said ...