Category: FINANCE

Asia was a sea of green following Powell’s press conference. The rally in Hong Kong dual-listed Chinese internet stocks exceeded yesterday’s US rally, which could lead to further gains in the US ... ( read original story ...)

At closing bell, the benchmark Hang Seng Index advanced 3.3%, or 841.44 points, to 26,315.32. The Hang Seng China Enterprises Index added 3.8%, or 344.59 points, to 9,415.69. ( read original story ...)

Beijing Ubox, a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as US$500 million,” Bloomberg reported, citing people familiar with ... ( read original story ...)

Hong Kong's Hang Seng index jumped 2.79% in morning trading on Thursday, continuing its bounce back after closing more than 1% up the day before. ( read original story ...)

Insurance agent Lai Kan-yau, 29, admitted killing Lai Kam-fook, 65, but said he acted in self-defence after his father swore at him, called his wife a prostitute and attacked him. ( read original story ...)

Ubox, a Chinese vending machine maker backed by Ant Group, hopes to raise as much as $500 million through a Hong Kong IPO, Bloomberg reported Thursday. Valued at around $1 billion, Ubox could go ... ( read original story ...)

Hong Kong's Hang Seng index jumped 3.3% on Thursday ... Fed Chairman Jerome Powell said the U.S. central bank is nowhere near considering a rate hike despite the optimism over the U.S. economy. The ... ( read original story ...)

In this article, we explain why the Hang Seng index just made a strong comeback today and what to expect in the near term. ( read original story ...)

The Federal Open Committee ended its two-day meeting stateside by keeping interest rates in a target range between zero and 0.25%. ( read original story ...)

The Hong Kong stock market on Wednesday ended the brutal three-day slide in which it had plummeted more than 2,600 points or 10.3 percent. The Hang Seng Index now rests just beneath the 25,475-point ... ( read original story ...)

Hong Kong's buzzing initial public offering pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their ... ( read original story ...)

Insiders have raised questions over whether HSBC appropriately informed US monitors about the ring, which was uncovered by the bank during an internal review ... ( read original story ...)

The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)

The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)