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Posted on 23/01/2024

India overtakes Hong Kong as world’s fourth-largest stock market by market capitalisation

The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg.

Posted on 23/01/2024

Owner of grilled fish restaurant chain Tanyu mulling over Hong Kong IPO, sources say

Tanyu has grown rapidly in recent years and now operates more than 260 outlets, including seven in Singapore. Read more at straitstimes.com.

Posted on 23/01/2024

No abnormalities in Hong Kong’s market, leader John Lee says after Hang Seng Index nears 15-month low

Hong Kong remained a competitive and attractive international financial centre with free capital flow and a high degree of transparency, the city’s leader said on Tuesday at a weekly press briefing in ...

Posted on 23/01/2024

Hong Kong Rebound May Not Last Even if Stimulus Hits

Hong Kong stocks rebounded on hopes that a rescue package from ... A representative of the Chinese Finance Ministry declined to comment about potential stimulus measures when contacted by Dow Jones ...

Posted on 23/01/2024

GF Securities (Hong Kong) Leads Digitalization by Launching Tokenized Bond Using ABT’s Advanced RWA Tokenization Platform

HONG KONG, Jan. 23, 2024 /PRNewswire/ -- GF Securities (Hong Kong) achieves an inflective milestone by successfully issuing fully digitized bonds, becoming one of the pioneering financial institutions ...

Posted on 23/01/2024

Bank of America cuts 20 in Asia, China investment bankers affected most – sources

Bank of America on Tuesday announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024 as China and Hong Kong ...

Posted on 23/01/2024

A throbbing neon powerhouse: Hong Kong’s gigantic new billboard – with a nice museum attached

M+ wants to be a global titan of art, to rival Tate Modern and the Pompidou. But did architects Herzog and de Meuron overdo the concrete? And why is finding the rooftop garden so hard?

Posted on 23/01/2024

India beats Hong Kong to become world’s fourth-largest stock market

The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, compared to $4.29 trillion for Hong Kong, according to data compiled by Bloomberg. The top three stock markets globally are the US, China, and Japan.

Posted on 23/01/2024

Hong Kong’s art scene is undergoing a renaissance sparked by vibrant full-year programme at the M+ museum

M+ is a leading global institution dedicated to collecting, exhibiting and interpreting visual art, design and architecture

Posted on 23/01/2024

India Tops Hong Kong as World’s Fourth-Largest Stock Market

India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours ...

Posted on 23/01/2024

Yuan Funding Costs Jump in Hong Kong Amid Signs of Cash Squeeze

The cost to borrow the yuan in Hong Kong rose to the highest in almost two years, signaling its scarcity in the city — and reminding traders of a currency-strengthening tactic once employed by Beijing ...

Posted on 23/01/2024

Hong Kong stocks rebound from 15-month low as China’s Premier Li Qiang signals measures to halt US$1 trillion market rout

Stocks in Hong Kong rose by the most in two months after a US$1 trillion slump in market value this month prompted Premier Li Qiang to call for “forceful” measures to stabilise prices and calm ...

Posted on 23/01/2024

India overtakes Hong Kong to become world’s fourth largest stock market

According to data from Bloomberg, the total value of shares listed on Indian exchanges reached an impressive $4.33 trillion as of the close of Monday's trading session, surpassing Hong Kong's market ...

Posted on 23/01/2024

Hong Kong stock market weighed down by international sentiment but still operating ‘in line with expectations’, John Lee says

Hong Kong’s stock market performance has been weighed down by ... Lee said the city remained an international financial centre, full of competitiveness and appeal. He added it was benefiting from the ...

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