Global stocks pushed higher on Wednesday on a mix of positive earnings reports, rate cut hopes and stimulus measures.Wall Street's three main indices pushed higher, with both the S&P 500 and Nasdaq Composite pushing further into record territory,
‘Expats’: Nicole Kidman leads strong cast playing wealthy Americans in Hong Kong
Home?” “I like our life here. The help, the drivers, it makes everything easier.” – Exchange between a wealthy American couple living in Hong Kong in “Expats.” You have to go into the supporting cast lineup in Lulu Wang’s six-part Amazon ...
WuXi XDC, hot off $520M IPO, inks antibody-drug conjugate deal with Celltrion
With that offering, WuXi XDC said it expected to reel in proceeds of around $4.07 billion Hong Kong dollars (about $521 million). Earlier that same month, WuXi XDC said much of what it reaped from its ...
Hong Kong’s Cathay group carries over 20 million passengers in 2023, with analyst estimating firm back at 56% of pre-pandemic levels
Hong Kong’s Cathay group carried more than 20 million passengers last year, the company revealed on Wednesday, with an analyst saying the figure represented 56 per cent of the pre-pandemic level in ...
HSBC HOLDINGS Buys back 6M+ Shrs in Total for HKD354M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 6.0023 million shares of the company in total yesterday (16th) in the UK and Hong Kong markets, involving a total of HKD354 m... HSBC HOLDINGS ...
Hong Kong and China Stocks Surge on Stimulus Talk, But There Is a ‘But’
Is this the turning point for China plays? Perhaps, but China bulls have been burned too many times to call a bottom.
Chinese surimi maker’s shares sink 15% on Hong Kong IPO plan
The share price of China's largest surimi maker crumbled 15% after the company announced plans to list on the Hong Kong stock exchange, after a spate of derailed ...
China, Hong Kong Broaden Investment and Financing Links
Hong Kong announced several measures to deepen financial links — including facilitating mainland real estate purchases and expanding the Wealth Connect program — with China to further integrate the ...
Hong Kong finance sector on pace in AI deployment, with data availability, security and skills gap among concerns: survey
Data availability and cybersecurity represent major challenges to the use of artificial intelligence (AI) in financial services, according to more than 60 per cent of Hong Kong financial professionals ...
Hong Kong Stocks Bounce After PBOC Announces RRR Cut, China Up
Hong Kong shares of Alibaba surged 7.3% to their highest since Jan. 4, after the New York Times reported co-founder Jack Ma and Chairman Joe Tsai bought shares worth millions of dollars in the Chinese ...
Hong Kong Stocks Surge After China Says It Will Cut Banks’ Reserve Ratio
Hong Kong shares rallied, gaining for a second day, after China’s central bank said it would cut the amount banks need to hold in reserve. Pan Gongsheng, governor of the People’s Bank of China, said ...
Alibaba pops 6% pushing Hong Kong stocks higher; Asia markets mostly lower
Asian markets will look at trade numbers from Japan, as well as private surveys on Australia and Japan's factory activity.
Hong Kong stocks bounce after PBOC announces rate RRR cut, China up
HONG KONG, Jan 24 (Reuters) - Hong Kong stocks clocked their best day in more than two months on Wednesday after China's central bank said it will cut banks' reserve ratio, a move expected to boost sentiment after a market meltdown earlier this week ...
2020 national security law put Hong Kong ‘back on track’, city’s No 2 official tells UN human rights review in Geneva
Hong Kong No 2 official tells UN Human Rights Council review that national security law means ‘days of social disturbance and fear’ over.