Hong Kong’s flagship Hang Seng index dropped 15.5 per cent and ... Assets in these products dropped more than 30 per cent, from HK$77.6bn at the start of 2021 to HK$53.2bn 12 months later. Six out of ...
China Stocks in Hong Kong Head for Correction as Selloff Extends
The HSCEI measure rallied since the start of November as China’s dismantling of its ... Wednesday into the financial system to meet a rapid rebound in loan demand. Hong Kong’s benchmark Hang Seng ...
China border reopening could be key 2023 driver as HSBC, Standard Chartered prepare to report annual results, analysts say
Standard Chartered will be the first of the city's three currency-issuing banks to update investors on its full-year performance on Thursday, followed by HSBC on February 21 and Bank of China (Hong ...
Hong Kong Dollar Traders Ignore HKMA to Stick With FX Carry Bets
The Hong Kong dollar has strengthened just 0.1% away from the weak end of its trading band with the greenback since the city’s de-facto central bank stepped in this week. Traders are looking through ...
UPDATE 1-HKMA buys HK$14.87 bln from market as currency trades at weak end of trading band
HONG KONG, Feb 15 (Reuters) - Hong Kong’s de-facto central bank bought HK$14.868 billion ($1.894 billion) from the market in New York trading hours to stop the local currency weakening and breaking ...
Uniqlo to give Hong Kong staff a pay rise of up to 24 per cent, signalling retail labour market is tight as tourists return
GU also plans to hire more but it did not give a precise figure. The Hong Kong General Chamber of Commerce, the largest business group of the city, in January predicted that the local retailing sector ...
Investors fear disruption to the three-month rally in Hong Kong’s stock market has just started
Investors are beginning to question if the 7 per cent decline in the Hang Seng Index since January 27 has further ... versus a record US$19.4 billion in January The market rally in Hong Kong has come ...
Hong Kong star Jacqueline Wong makes entertainment comeback years after cheating scandal
Hong Kong star Jacqueline Wong has returned to the entertainment industry with a new music release after a four-year hiatus. The popular actress, who stayed under the radar since her high-profile ...
CRYPTO AM SPOTLIGHT: Bison Bank and its crypto assets subsidiary – Bison Digital Assets
Fully owned by the Hong Kong-based Bison Capital Holding Company Limited trough ... Previously, Mr Moradas served clients from financial services and other industries as consultant at Mckinsey & Co ...
After Winning Over Art Lovers, Tyfon Chases Investors With IPO
Tyfon Culture has filed for a Hong Kong IPO, generating fees from the high-margin brokerage business for contemporary Chinese art The contemporary art sector’s use of experts to verify authenticity, ...
Hong Kong’s top pro-democracy figures set to stand trial Monday
Pro-democracy activist Joshua Wong arrives at a court in Hong Kong on Oct. 15, 2020. Authorities in Hong Kong said 29 out of 47 pro-democracy activists charged with “conspiracy to commit ...
China Insider #10 | Wuhan Protests, the Chinese Healthcare System, and the “Hong Kong 47”
Protests broke out last week in the city of Wuhan over drastic cuts to healthcare subsidies. Driven mostly by retirees, the unusual protest against the municipal government in Wuhan resulted in nearly ten thousand Chinese citizens besieging to the city government,
Hong Kong hopes to raise US$102 mln from digital green bonds debut: Bloomberg
The Hong Kong government is looking to raise US$102 million through the pilot issuance of its digital green bonds, according to a Monday report from Bloomberg.
Illegal refuelling stations on the rise in Hong Kong, authorities say, after crackdown nets HK$600,000 worth of diesel and tanks at 7 sites
Diesel seized rose to 380,000 litres last year, up from 180,000 litres in 2021, says Raymond Wong, assistant division officer at Fire Services Department Industry insider blames uptick in illicit ...