Category: FINANCE

In Hong Kong, the Hang Seng tumbled 950 points. The key index was still trading at the time of writing but was revisiting lows not seen since the Global Financial Crisis in 2008/9. In mainland China, ... ( read original story ...)

Investment analysts at Jefferies Financial Group increased their FY2024 earnings estimates for shares of BOC Hong Kong in a note issued to investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)

The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists, a concentration of power that could risk China's economic recovery. ( read original story ...)

Hong Kong stocks plunged five per cent to a 13-year low today as investors were spooked by Chinese President Xi Jinping’s decision to hand key ... ( read original story ...)

Hong Kong stocks opened sharply lower on Monday and the yuan weakened after the membership line-up of China's governing body heightened fears that Xi Jinping will double down on ideology-driven ... ( read original story ...)

Hong Kong's biggest banks increased their prime rate for the first time in four years in September Questions remain about how slowing growth, particularly in China, could affect bank bottom lines In ... ( read original story ...)

Financial secretary says authorities working 'at full speed' on institutional and structural arrangements for city's investment vehicle which he will helm Amid global uncertainties and escalating ... ( read original story ...)

Within Hong Kong, the key benchmark index – similar to Singapore’s Straits Times Index (STI) – is the Hang Seng Index. It’s been a tough year so far, with the index currently at 16,211 as of 21 ... ( read original story ...)

Large numbers of people have left Hong Kong not only due to political unrest, but also strict COVID-19 policies. Over the past year, more than 100,000 people have left — a record. The exodus includes ... ( read original story ...)

Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo Reuters BEIJING/HONG KONG ... ( read original story ...)

The heightened geopolitical tensions, economic recession and ongoing pandemic bring uncertainties to the global financial markets. Some observers hold a pessimistic view of the future of Hong Kong’s ... ( read original story ...)

Stock analysts at Jefferies Financial Group increased their FY2022 EPS estimates for BOC Hong Kong in a research report issued to clients and investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)

Having finally turned a profit, Kanzhun has filed for a dual primary listing on the Hong Kong Stock Exchange to insure against its shares being pulled from New York ... ( read original story ...)

The city is reeling from global headwinds compounded by Covid restrictions and Beijing’s growing sway over every aspect of the financial hub. ( read original story ...)