HONG KONG (Reuters) – Hong Kong and China shares declined on Wednesday, dragged down by materials and finance-related stocks as investors rotated selling and took profit in cyclical sectors with risk aversion staying high in global markets. Hong Kong stocks slid below a psychological support of about 18,000 after a steep fall in HSBC...
Hong Kong stocks fell, with the Hang Seng Index (HSI) headed for its lowest close in six weeks, after a report showed the U.S. economy expanded less than economists estimated, damping the outlook for Asian exporters. (read the rest of the story…) Related items Hong Kong Index Falls to Two-Year Low Hong Kong Stocks...
HONG KONG (Reuters) – When some bankers arrived late for work at Bank of America-Merrill Lynch’s Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens. (read the rest of the story…) Related items OFWs say no plan to bring kin to Hong Kong Office rents set...
The Hong Kong stock market has closed lower now in four straight trading days, falling more than 1,000 points or 5.4 percent in that span. The Hang Seng Index finished just below the 18,500-point plateau, and now investors are bracing for continued if mild easing when the market opens on Monday. (read the rest...
William Ackman, founder of hedge fund Pershing Square Capital Management LP, will “lose a lot of money” on his bet that Hong Kong will amend its currency peg to the dollar, city Chief Executive Donald Tsang said. (read the rest of the story…) Related items Ackman Bets Hong Kong Dollar to Appreciate Bill Ackman...
NUSA DUA (BALI): Asean economic ministers have directed their senior officials to study the economic benefits and implications of Hong Kong joining the Asean-China free trade area. (read the rest of the story…) Related items BENEFITS AND IMPLICATIONS OF HONG KONG’S ENTRY TO FTA ASEAN-CHINA TO BE STUDIED Apple’s Hong Kong mega store may...
NUSA DUA (BALI), Nov 16 (Bernama) — Asean economic ministers have directedtheir senior officials to study the economic benefits and implications of HongKong joining the Asean-China free trade area.International Trade and Industry Minister Datuk Seri Mustapa Mohamed saidAsean had agreed that Hong Kong, a free trade port and a regional logistics hubsupported by excellent...
