Hong Kong reported 44 new coronavirus cases on Monday as the government announced an extension to social distancing measures aimed at controlling further spreading of the virus, which has seen a ... ( read original story ...)
Hong Kong shares mark highest close in nearly 4 weeks
Hong Kong shares marked their highest close in nearly four weeks on Monday, tracking a regional rise after China’s central bank provided more medium-term loans to the country’s financial system. ** At ... ( read original story ...)
Hong Kong, China shares gain after central bank pumps US$100 billion into banking system
Hong Kong and China shares gained after China’s central bank injected liquidity into the financial markets to support banks on Monday.The Hang Seng Index gained 1.1 per cent to 25,457.78 on Monday as ... ( read original story ...)
Hong Kong Stock Market May Extend Losing Streak
The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 50points or 0.5 percent along the way. The Hang Seng Index now rests just above the 25,180-point plateau and ... ( read original story ...)
China Market Update: Mainland Moves Higher On Positive Caixin PMI Manufacturing Release, HSBC Weighs On Hong Kong
Growth stocks in Hong Kong were led by volume leaders Tencent, which gained +0.94%, Meituan Dianping +4.53%, Semiconducor Manufacturing +4.86%, and Alibaba HK -0.16%. ( read original story ...)
The US-China standoff is turning Hong Kong into a more valuable—and more Chinese—financial hub
Amid the political upheaval, the share price of Hong Kong Exchanges & Clearings (HKEx) has soared, and the company has reclaimed its crown as the most valuable exchange operator in the world by market ... ( read original story ...)
Coronavirus: Hong Kong financial secretary warns against depleting city’s coffers amid pandemic, as market vendors call for aid
Financial Secretary Paul Chan urged caution, warning the fight against the virus could drag on longer than expected. ( read original story ...)
What virtual banks are in Hong Kong? Are they safe?
Simply put, a virtual bank does not have any physical branches. It delivers regular banking services (such as maintaining your savings account or lending money to you via a loan) through the internet ... ( read original story ...)
What is a virtual bank? Which ones are in Hong Kong and are they safe?
Simply put, a virtual bank does not have any physical branches. It delivers regular banking services (such as maintaining your savings account or lending money to you via a loan) ... ( read original story ...)
Chinese bankers in Hong Kong could soon outnumber global rivals
The number of investment bankers employed by Chinese groups in Hong Kong could soon eclipse that of Wall Street and international firms, underscoring Beijing’s growing influence in the city. More than ... ( read original story ...)
US sanctions: Hong Kong’s best defence is to reinvent itself as China’s top financial hub
Hong Kong reassembles a fine porcelain store in which two powerful bulls have locked horns. It is vital to minimise the damage both by emphasising why Hong Kong should still be attractive to ... ( read original story ...)
Hong Kong based Digital Bank WeLab Opens 10,000 New Customer Accounts Just 10 days After Launch
WeLab acquired $156 million through a Series C round in December 2019. The funds have reportedly been used to develop its digital banking platform, which leverages the latest emerging technologies ... ( read original story ...)
China Plans to Expand Digital Yuan Tests to Beijing, Hong Kong
China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong. ( read original story ...)
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering ... ( read original story ...)