The Hong Kong stock market has finished lower in three straight sessions, sinking more than 315 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 24,110-point plateau ... ( read original story ...)
China Bond Rally Gathers Steam as Bets on Further Easing Rise
China’s sovereign yield curve is poised to bull steepen as the nation’s bonds extend an advance on expectations the central bank will continue cutting official rates while its global peers tighten ... ( read original story ...)
Xi Jinping urges West not to ‘slam the brakes’ by hiking interest rates too quickly
China is urging central banks in the West not to hike interest rates too fast to fight inflation as it goes in the other direction to battle a sharp economic slowdown. ( read original story ...)
HSBC sounds the alarm on Hong Kong’s ultra-strict quarantine rules
HSBC has raised the alarm on Hong Kong's strict quarantine rules by warning traders that the finance hub's extreme Covid measures are a risk to its business. The bank has told a group of traders in ... ( read original story ...)
China stocks defy slump in Asian markets amid policy easing bets while Hang Seng surrenders gain
China’s economic slowdown has entrenched expectations for further policy easing and other market-friendly measures. Equities in Hong Kong erased gains, falling in tandem with most Asian markets. ( read original story ...)
Hong Kong shares end lower weighed down by tech stocks
Hong Kong stocks ended lower on Tuesday weighed down by technology stocks, including index heavyweights Tencent and Alibaba, against the backdrop of a possible U.S. Federal Reserve rate hike as soon ... ( read original story ...)
Genting Hong Kong warns it may file for liquidition today
Genting Hong Kong — the parent of Star Cruises, Dream Cruises and Crystal Cruises — warned it may file for provisional liquidation today. ( read original story ...)
Aquila Acquisition sets debut Hong Kong Spac IPO in motion
Aquila Acquisition Corp, Hong Kong’s first special purpose acquisition company (Spac), has filed a draft IPO prospectus with the city’s stock exchange. Spacs, also known as blank-cheque companies, are ... ( read original story ...)
Nasdaq 100 in Cautious Mood as Yields Climb, Hang Seng Index May Rise
NASDAQ 100,HANG SENG INDEX, ASX 200 INDEX OUTLOOK: Dow Jones , S&P 500 and Nasdaq 100 closed -0.56%, +0.08%, and +0.75% respectively on Friday ; US 10-year Treas ... ( read original story ...)
HSBC Splits Hong Kong Team to Different Locations to Manage Quarantine Risks
HSBC Holdings Plc warned traders that one of the main risks to business continuity is the city’s quarantine policy as the Asian financial hub tightens to contain a fifth wave of infections. ( read original story ...)
Hong Kong stocks halt two-day losses as Alibaba, property developers gain on China policy boost
Stocks appear to be on firmer footing in early trading as China’s economic slowdown strengthens expectations for further policy and market-friendly measures. ( read original story ...)
Hong Kong Bourse Expected To Stop The Bleeding On Tuesday
The Hong Kong stock market has finished lower in consecutive trading days, sinking more than 210 points or 0.9 percent along the way. The Hang Seng Index now sits just shy of the 24,220-point plateau ... ( read original story ...)
China Merchants Bank-backed SPAC files first application under new Hong Kong rules
A SPAC backed by China Merchants Bank applied to list in Hong Kong late on Monday, the first company to do so since new rules allowing such listings took effect at the start of this year. HONG KONG, ... ( read original story ...)
HSBC names new CEO for PHL unit
THE Hongkong Shanghai Banking Corp. (HSBC) has appointed Sandeep Uppal as president and chief executive officer of its Philippine unit, the bank said in a statement. ( read original story ...)