Category: FINANCE

China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR was cut by 5 basis points, according to its central bank. U.S. bond yields fell back slightly after ... ( read original story ...)

Shares of Chinese property developers have jumped in Hong Kong as China's central bank cut a key mortgage rate for the first time in almost two years.The decision comes as concerns grow about a ... ( read original story ...)

Hong Kong stocks may lead the gains Nasdaq 100, US Earnings, Hang Seng Index, Asia-Pacific at the ... cost concerns and underpin market sentiment. Bank of America topped analysts' estimate for ... ( read original story ...)

The Hong Kong stock market on Wednesday wrote a finish to the three-day slide in which it had slumped more than 315 points or 1.4 percent. The Hang Seng Index now sits just above the 24,125-point ... ( read original story ...)

Hong Kong’s future as a global financial hub is less promising after China’s authoritarian action – to control the pandemic and civil liberties – led to an exodus of expatriate finance industry ... ( read original story ...)

Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh economy-boosting measures soon, following an interest rate cut ... ( read original story ...)

Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least ... ( read original story ...)

Hello, it’s Pei Li here in Hong Kong. Today we’re looking ahead to some of Asia’s biggest upcoming IPOs, with the region enjoying a crop of listings. There’s also more to recap on the mega ... ( read original story ...)

Hong Kong consumers will see rising prices and possibly shortages of some goods this year as airlines slash cargo flights, Citigroup Inc. warns, highlighting the costs of the city’s zero-Covid ... ( read original story ...)

China's central bank pledges to open its toolbox wider and stem any collapse in credit, deputy Governor says in briefing Regulatory risks surrounding Alibaba Group re-emerge as the Biden ... ( read original story ...)

Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh ... ( read original story ...)

Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.The sources ... ( read original story ...)

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, leading the benchmark Hang Seng Index higher. What’s Moving: Shares of Baidu ... ( read original story ...)

A string of Chinese technology companies backed by SoftBank Group are gearing up for initial public offerings in Hong Kong, testing the Japanese technology group's path to recovery after racking up ... ( read original story ...)