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Posted on 24/04/2024

Hong Kong stocks driven to two-week highs on earnings optimism as Ping An and HKEX advance

Ping An Insurance reported growth in its new-business values, a gauge of future profitability, which beat estimates in the first quarter Goldman Sachs and UBS have upgraded their assessment of Chinese ...

Posted on 24/04/2024

Hong Kong stock exchange operator HKEX sees profit slip 13 per cent as lower turnover, fewer listings weigh

Net profit for the January-to-March period came in at HK$2.97 billion (US$380 million), or HK$2.35 per share, which was better than a consensus estimate for a 14 per cent decline to HK$2.79 billion.

Posted on 24/04/2024

Hong Kong Stocks: Li Ning Shares Gain on Mixed Q1 Update

In major news on Hong Kong stocks, Li Ning Co. Limited (HK:2331) shares gained 5.71% on Tuesday, after the company released its Q1 update for ...

Posted on 24/04/2024

Indian authorities launch spices probe after Hong Kong, Singapore pull products from shelves over cancer-causing pesticide

Centre for Food Safety this month ordered four pre-packaged spice mix products from India to be recalled after it found the pesticide ethylene oxide in samples.

Posted on 24/04/2024

Private Credit Is Disrupting Hong Kong Bankers’ Cozy Lives

Does the city really need 197,800 financiers when deep-pocketed private credit is marching in and cutting out the intermediaries?

Posted on 24/04/2024

Hong Kong to encourage use of pre-made housing with more private sector incentives

Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector.

Posted on 24/04/2024

Hong Kong accounting industry grows as ESG, Greater Bay Area opportunities draw young professionals: HKICPA president

ESG reporting and the Greater Bay Area offer opportunities for young accountants, and the IPO market is set to recover, new HKICPA president Roy Leung says.

Posted on 24/04/2024

Hong Kong’s IPO of the year looks like it might be a bit of a bubble tea

Hong Kong's having an IPO crisis and the Tuesday failure of a mainland beverage giant's long-awaited listing has only made ... Read More The post Hong Kong’s IPO of the year looks like it might be a ...

Posted on 24/04/2024

Hong Kong’s John Lee shrugs off criticism over single-use plastics ban, says ‘market forces’ will lead to better utensils

John Lee says administration’s main concerns are steady supply of alternative products and affordability for consumers.

Posted on 24/04/2024

Apec Business Advisory Council meeting: Hong Kong teeming with wealth-creation opportunities despite headwinds

Hong Kong offers plenty of wealth management and stock market opportunities despite headwinds and uncertain economic outlook in China, according to speakers at the Apec Business Advisory Council ...

Posted on 24/04/2024

Hong Kong’s Peak Tram service suspended for third straight day due to fallen trees near tracks

Government effort ‘remains in progress’ after several trees fell near the Barker Road station on Sunday, tram company says.

Posted on 24/04/2024

Interview: Hong Kong embraces niche in global green growth, says CLP Group chief

A mature capital market and an open institutional environment combined have offered a platform for Hong Kong's exchanges with major international markets in the green economy, Betty Yuen, non-executive director of CLP Holdings Limited and chairwoman of CLP Power Hong Kong Limited, told Xinhua in a recent interview.

Posted on 24/04/2024

Hong Kong’s economy grew between 2.5% and 3.5% in first quarter, Paul Chan says

Finance chief says property and stock markets still under pressure amid geopolitical tensions, urges investment in green development and digital economy to drive growth 'Economic growth in first ...

Posted on 24/04/2024

Hong Kong slams latest British government report on city, saying London is putting politics above the rule of law

The Hong Kong government strongly condemned British “slander and smears” and interference in local affairs after London on Monday sought to reassure Hongkongers in the UK they were “safe ...

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