Hong Kong’s top financial watchdog will tighten oversight of block and derivatives trading by banks and investment funds following scandals in the US, an official in the territory said on Tuesday. ( read original story ...)
Factbox-What’s changed – or stayed the same – since Hong Kong returned to China
Hong Kong returned to China in 1997 after 156 years of British colonial rule. China promised the city wide-ranging freedoms denied to those in mainland China for 50 years, although some say China has ... ( read original story ...)
Hong Kong burnishes China ties as luster as global hub fades
Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist outpost and factory after China’s 1949 revolution, to 21st ... ( read original story ...)
As Hong Kong marks 25 years since handover, people discuss highs and lows
Hong Kong has weathered financial crises, mass demonstrations and COVID-19. As the city prepares to mark the 25th anniversary of its handover to Chinese rule, Reuters spoke to five people who ... ( read original story ...)
Hong Kong regulator sharpening scrutiny of derivatives after Archegos saga
Hong Kong's financial watchdog is tightening oversight on derivatives markets after the collapse of Archegos Capital Management, a senior official at the city's Securities and Futures Commission (SFC) ... ( read original story ...)
Hong Kong’s history: From backwater to trading metropolis
Modern-day Hong Kong is best known for its sprawl of skyscrapers and role as a bustling financial hub and regional trade conduit off the southern coast of mainland China. ( read original story ...)
Hong Kong national security law: What is it and is it worrying?
In 2020, China introduced a wide-ranging new national security law (NSL) for Hong Kong, making it easier to prosecute protesters and reducing the city's autonomy. Critics called it "the end of Hong ... ( read original story ...)
Hong Kong home prices slip in May amid higher borrowing costs
Hong Kong private home prices eased in May after a short-lived bounce, latest official data showed on Tuesday, as potential homebuyers turned wary over higher borrowing costs. Home prices last month ... ( read original story ...)
A Promise Kept Or Betrayal? Hong Kong 25 Years On From Handover
As midnight struck on June 30, 1997 and Hong Kong transitioned from British to Chinese rule, pro-democracy lawmaker Lee Wing-tat stood with colleagues on the balcony of the city's legislature, holding ... ( read original story ...)
Factbox: Major finance milestones as Hong Kong marks 25 years since handover
Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here are some major milestones for the city's financial markets: ... ( read original story ...)
HKMC Hikes Fixed Mortgage Rates by 0.5%
The Hong Kong Mortgage Corporation Limited (HKMC) announced to raise the interest rates for fixed-rate mortgage applications filed between 1st July and 31st July by 0.5% from those in June, marking ... ( read original story ...)
Priced out of Hong Kong, young home buyers look to Greater Bay Area for space and value
Hong Kong has held its spot as the least affordable property market for 12 years in that study. Like the four Hong Kong leaders who came before him, Chief Executive-elect John Lee Ka-chiu has ... ( read original story ...)
Hong Kong’s Hang Seng rises 2% led by Chinese tech stocks
Hong Kong's Hang Seng index led gains in the region, to end the day 2.35% up at 22,229.52, after trading more than 3% higher in the session. The Hang Seng Tech index popped 4.71%. Alibaba's shares in ... ( read original story ...)
Hang Seng May Be Hit By Profit Taking On Tuesday
The Hang Seng Index now rests just beneath the 22,230-point plateau although investors may cash in on Tuesday. The global forecast for the Asian markets is mixed to lower, with support from oil stocks ... ( read original story ...)