Overall home sales in Hong Kong could reach 66,000 units this year, up from 45,000 last year, analyst says Major Hong Kong banks left their best lending rate unchanged even after the Hong Kong ...
Alibaba to split into 6 companies, pursue IPOs in major shakeup
HONG KONG -- Chinese e-commerce group Alibaba Group Holding will reorganize into six business groups and pursue public listings for five of them, in the most significant governance overhaul since the ...
Alibaba to split into 6 groups, separate IPOs expected
Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.The Hangzhou-based firm is one of China's most ...
Easing Bank Concerns Firm Up Asian Stock Markets
reported the Bank of Japan. The Hong Kong Hang Seng Index opened evenly and rose to the close, finishing up 1.1% as tech and property sectors gained. The broad gauge Hang Seng rose 216.96 to 19,784.65 ...
Hong Kong takes a step towards crypto mainstream with historic meeting
On April 28th, a round-table discussion is set to take place at the Hong Kong Monetary Authority. The purpose of the discussion is to enable direct dialog and exchange practical experiences and ...
Hong Kong shares rise as banking contagion fears ease; China stocks fall
SHANGHAI — Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, were dragged lower by ...
Alibaba to overhaul China’s biggest tech conglomerate into 6 units to reignite their entrepreneurial mojo as ‘start-ups’
Alibaba will reorganise its businesses into six independently run entities to shorten its decision making process The listing status of the company's stock in New York and Hong Kong will remain ...
Hong Kong Stocks Rally At Open
Hong Kong stocks opened higher on Tuesday as fears of a banking sector crisis eased after a regional US lender agreed to buy most of collapsed rival Silicon Valley Bank.
Hong Kong’s first protest in 3 years shows how the city has changed
Hong Kong (CNN)With numbered tags around their neck, a small group of 80 demonstrators took part in Hong Kong's first authorized protest in three years on Sunday -- a carefully choreographed event ...
Domino’s Pizza Franchise Operator DPC Dash Edges Lower After Hong Kong Debut
By Bingyan Wang DPC Dash Ltd., the Domino's Pizza franchise operator in China, edged lower on its trading debut on Tuesday, bucking gains in the ...
Stocks gain, dollar slides, as banking fear eases
HONG KONG (Reuters) - Global stocks rose and the dollar softened on Tuesday, as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed wider ...
Hong Kong shares rise as banking contagion fears ease; China stocks mixed
SHANGHAI — Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, had a mixed performance.
China’s US$1.35 trillion sovereign wealth fund chooses Hong Kong for first global advisory council meeting outside mainland: sources
The council - whose 12 current members include former Governor of the People's Bank of China Zhou Xiaochuan, former Goldman Sachs chairman John Thornton, former Hong Kong secretary for financial ...
Hong Kong stocks rally as bank worries ease
Hong Kong stocks opened higher on Tuesday as fears of a banking sector crisis eased after a regional US lender agreed to buy most of collapsed rival ...