Hong Kong Developers Advance Ahead of City's Budget Speech

Hong Kong property stocks extended gains ahead of the city’s annual budget speech on Wednesday, as some analysts anticipated announcements that would benefit developers. Property companies were the biggest gainers on the Hang Seng Index, with Sun Hung ... ( read original story ...)

Hong Kong stocks fall, HSBC tumbles after profit slump

Hong Kong stocks suffered their biggest one-day loss in a month on Tuesday, hurt by index heavyweight HSBC Holdings PLC after it posted a bigger-than-expected drop in its 2016 profit. The benchmark Hang Seng index erased early gains and ended down 0.8 ... ( read original story ...)

Hang Seng Bank: 2016 Net Profit Down 41% at HK$16.21 Billion

HONG KONG--Hang Seng Bank Ltd. (>> Hang Seng Bank) Tuesday reported a 41% drop in its 2016 net profit partly due to the absence of disposal gain a year earlier, as well as weaker net fee income. The Hong Kong-listed lender, which is controlled by HSBC ... ( read original story ...)

Stocks cautious before annual earnings from HSBC

Hong Kong stocks crept higher in cautious trade on Tuesday morning, with investors preparing for a batch of highly-anticipated corporate earnings due later in the day, including results from top lender HSBC and its subsidiary Hang Seng Bank. The Hang Seng ... ( read original story ...)