The Hang Seng Index dived 3.04 percent, or 605.82 points, to 19,319.92, wiping out all the gains made so far this year. The Shanghai Composite Index sank 1.40 percent, or 46.02 points, to 3,230.08, ...
AIA looks past one of its worst years, banking on Hong Kong’s reopened borders to lift insurance sales
AIA is looking to strong sales in 2023 to put one of its worst years behind it, as Asia’s largest insurer wagered that the rush of mainland Chinese customers across Hong Kong’s reopened borders would ...
Hong Kong stocks slump on banking worries
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited ...
Hong Kong’s post-pandemic recovery trend is ‘encouraging’: MTR CEO
Hong Kong's railway ridership sees a 'fast recovery' as the city reopens boarder with Mainland China after three years of pandemic, says MTR CEO Jacob Kam.
Asian equities fall after investors dump US bank shares
Asian equities followed the US sharply lower on Friday, after investors on Wall Street sold off stocks over concerns about the health of the US banking sector. Hong Kong’s Hang Seng index was down 2.2 ...
US bank jitters hit Asia stocks; yen drops with JGB yields after BOJ
Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for U.S. interest rate rises were reduced after a surprise capital raising at a Silicon Valley startup ...
US sanctions 39 entities over alleged ‘shadow banking’ for Iran
The United States has imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran’s access to the global financial system, ...
Hong Kong Stocks Open Sharply Lower
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited the release of US jobs data later in the day.
China, Hong Kong stocks fall as recovery doubts, U.S. data curb risk appetite
China and Hong Kong stocks fell on Friday, led by automobile stocks and selected internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after weaker-than-expected data ...
Hong Kong Buys First LNG Shipment as Price Slump Spurs Projects
Hong Kong, which is aiming to curb reliance on coal, agreed to import a first-ever shipment of liquefied natural gas as a drop in prices revives interest in the fuel.
Hong Kong Welcomes Back Visitors with its Largest Events Line-up Since Reopening
All eyes are on Hong Kong in March as the city hosts a line-up of mega events while ending pandemic restrictions.
Hong Kong property: market remains stuck in doldrums as city’s border reopening is not quite the magic bullet hoped for, JLL report says
Transactions involving buyers from outside Hong Kong were still dramatically lower in January than in pre-pandemic times, JLL's data shows Interest from Hongkongers looking to buy property in the ...
Asian markets tumble as bank worries spread from Wall Street
Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.
U.S. targets ‘shadow banking’ network helping Iran evade sanctions
The United States on Thursday imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran's access to the global financial ...