The Hang Seng index dropped to the lowest level in eleven months as contagion risks rose. The index declined by more than 3.3% ... ( read original story ...)
Hong Kong’s Hang Seng index drops nearly 4% as Evergrande shares plunge nearly 17%, other property stocks fall
Hong Kong's Hang Seng index led losses in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to drop. The Hang Seng Properties index declined nearly 7%, ... ( read original story ...)
Evergrande contagion fears hit Hong Kong stocks, with default expected
Fears of a contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong on Monday ... China Minsheng Bank, Agricultural Bank of ... ( read original story ...)
Hong Kong property firms plunge as Evergrande fears grow
The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt.The firm, one of the ... ( read original story ...)
RPT-Hong Kong shares, yuan battered by plunging property stocks
Hong Kong shares fell to an 11-month low and the offshore yuan weakened on Monday, as a plunge in beleaguered property developer China Evergrande Group led other stocks in the sector lower. ( read original story ...)
Hong Kong Stocks Sink as Property Fear Spreads Beyond Evergrande
Growing investor angst about China’s real estate crackdown rippled through markets on Monday, pummeling Hong Kong developers and adding pressure on Beijing authorities to stop financial contagion from ... ( read original story ...)
Hong Kong Stock Index Plunges 3.9% As Evergrande Contagion Spreads Beyond Real Estate Into Banks
Hong Kong’s benchmark stock index plunged 3.9% this morning and is on track to close at a near one-year low year as contagion spread from the collapse of shares at real estate developer China ... ( read original story ...)
Hong Kong Stocks Sink as Evergrande Woes Spread, Ping An Tumbles
Concerns about the health of China’s real estate sector spilled into Hong Kong markets on Monday, sparking the biggest selloff in property stocks in more than a year and dragging down everything from ... ( read original story ...)
Asian markets sink ahead of Fed, Hong Kong plunges again
Asian markets fell Monday in holiday-thinned trade, dragged by a range of issues including the Federal Reserve's plans to taper monetary policy, surging Delta infections, China's regulatory crackdown ... ( read original story ...)
DBS Bank Hong Kong crowned king at PR Awards
The competition was incredibly tight with close to 270 entries across 30 categories and a total of 99 trophies awarded to the leading brands and agencies across the regions at the ceremony. ( read original story ...)
Hong Kong Shares Tipped To Open In The Red On Monday
The Hong Kong stock market on Friday wrote a finish to the four-day losing streak in which it had plummeted more than 1,530 points or 6 percent. The Hang Seng Index now sits just above the ... ( read original story ...)
Hong Kong’s homebuyers defy banks’ jitters in snapping up flats built by little-known developer in fourth straight sell-out weekend
More property buyers are rushing into the market to get ahead of rising prices and potentially higher mortgage rates as the local monetary authority is expected to raise interest rates in lockstep ... ( read original story ...)
Qianhai red tape: relief coming for Hong Kong businesses, but opening mainland Chinese bank accounts still a hassle
Shenzhen Qianhai Authority will offer some services at Admiralty office, and pledges to work on businesses’ complaints that opening a mainland bank account takes too long. ( read original story ...)
King & Wood Mallesons Advises on US$1.3B Hong Kong IPO As Market Lulls
King & Wood Mallesons, C&T Partners and Clifford Chance are advising on Dongguan Rural Commercial Bank’s US$1.3 billion Hong Kong IPO, a deal that could revive a tepid third quarter. ( read original story ...)