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Posted on 21/11/2022

Alibaba, Nio Slide Over 3%: Hong Kong Stocks Falter As China COVID-19 Death, Rising Cases Spark Fears

Hong Kong stocks opened lower on Monday, with the benchmark Hang Seng losing over 2.5% in morning trade, as COVID-19 cases continued to rise in China and Beijing’s most populous district extended its ...

Posted on 21/11/2022

Hong Kong stocks fall 2% on Covid fears; China keeps benchmark lending rates on hold

Shares in the Asia-Pacific mostly fell on Monday amid Covid concerns and as China's central bank kept its benchmark lending rates, or loan prime rates, on hold.

Posted on 21/11/2022

Christie’s cancels controversial T-rex auction in Hong Kong

Christie's has called off the auction of a Tyrannosaurus rex skeleton, the auction house told AFP on Monday, days before it was due to go under the hammer in Hong Kong.

Posted on 21/11/2022

Citigroup Upgrades Hong Kong Stocks, Boosting Buy China Calls

Citigroup Inc. turned more bullish on Chinese stocks, upgrading Hong Kong to overweight in Asia, saying Beijing’s pivots on Covid Zero and property should lift earnings.

Posted on 21/11/2022

The week in TV: Brian Cox: How the Other Half Live; I’m a Celebrity…; 1899; Hong Kong’s Fight for Freedom and more

The Succession star rages against inequality; all aboard Netflix’s Victorian steamship horror; Hongkongers turn to violence; and The Handmaid’s Tale is back on track

Posted on 21/11/2022

Hong Kong property deals almost doubled in Q3

Transaction volumes grew 93% to USD4.4 billion during the quarter. Transaction volumes increased by 93% QOQ in Hong Kong in Q3, despite the US Federal Reserve’s sharp rate hikes prompting investors to ...

Posted on 21/11/2022

UPDATE 1-China’s Lygend Resources targets nearly $600 mln in Hong Kong IPO

Nov 21 (Reuters) - Chinese nickel producer and trader Lygend Resources is aiming to raise around $600 million in a Hong Kong initial public offering (IPO), according to its prospectus published on ...

Posted on 21/11/2022

Phillip Capital Management launches and lists Phillip HK Newly Listed Equities Index ETF in Hong Kong

Co-designed and developed between Solactive and PCMHK, the ETF tracks the Solactive Hong Kong Newly Listed Equities Index.

Posted on 21/11/2022

Tech startups shun Singapore, Hong Kong for US SPACs

(AP pic) SINGAPORE: Singapore and Hong Kong startups are sidestepping their home stock exchanges to merge with special purpose acquisition companies (SPACs) in the US, as fundraising vehicles in the ...

Posted on 21/11/2022

Street level shops, offices and industrial property bear the brunt of Hong Kong’s stuttering economy

Midland IC&I slashes forecast for industrial property, office and shop transactions by 15 per cent to about 4,700 this year, the lowest since 2020 A street level shop in Wan Chai sold recently for ...

Posted on 21/11/2022

Hong Kong to push for stronger trade ties with Asia-Pacific countries, play role of ‘super connector’, finance chief says

Financial Secretary Paul Chan also reveals Indonesian Chamber of Commerce and Industry planning to visit Hong Kong next year to pursue business opportunities.

Posted on 21/11/2022

Hong Kong leader tests positive for COVID after APEC summit

Hong Kong's chief executive, John Lee, has tested positive for COVID-19 after returning from an Asia-Pacific Economic Co-operation (APEC) summit in Bangkok, where he met Chinese President Xi Jinping ...

Posted on 21/11/2022

Hong Kong stocks fall 2% in Asia session; China keeps benchmark lending rates on hold

Shares in the Asia-Pacific fell on Monday as China's central bank kept its benchmark lending rates, or loan prime rates, on hold.

Posted on 21/11/2022

OCBC wants to grow in S’pore, Malaysia and HK; sees longer-term opportunities in Indonesia

SINGAPORE - The local market continues to present opportunities for OCBC Bank, and Mr Sunny Quek, its newly appointed head of global consumer financial services, has set out his vision to grow the ...

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