Most stocks in Hong Kong decline as traders seek more recovery signals to justify recent price rally, with one eye on the Federal Reserve policy action this week. BYD surges following a bullish ...
When pirates held a party after killing sailors on a cargo ship off Hong Kong, and went to their executions drunk and singing Ricky Martin
Pirates attacked a cargo ship off Hong Kong in 1999, killed 23 sailors, then held a party onboard. 13 pirates were sentenced to death, and went to their deaths singing a Ricky Martin song.
Hong Kong must tighten belt in ‘post-Covid era,’ finance chief says ahead of annual budget
The Hong Kong government must tighten its belt following increased expenditure during the Covid-19 pandemic, the city’s financial chief has warned ahead of the annual budget to be delivered next month ...
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%. Hong Kong’s banking and financial industry will experience a further tightening job market in 2023 as the number of job ...
Morgan Stanley Says Buy the Dip After Hong Kong Stocks Slumped
Morgan Stanley sees Monday’s dive in the Hong Kong stock market as an “opportunity” and recommends investors buy the dip, as China’s economy recovers, relations between Beijing and Washington ...
Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks
The recovery in Chinese stocks gained steam on Monday, as China's benchmark index came within striking distance of a bull market. The CSI 300 Index, which tracks the largest mainland-listed stocks, ...
Asian Financial Forum ushers cooperation between Hong Kong investors and Philippine startups, businesses
Hong Kong’s Asian Financial Forum (AFF) concluded with a positive outlook, heralding more business opportunities and investments for Southeast Asian markets, the Philippines included.
Hong Kong spends $4.4b on temporary homes to ease crisis, long waits
Hong Kong aims to cut the waiting for public housing to 4.5 years from 5.6 years with the initiative. Read more at straitstimes.com.
Hong Kong Seeks to Revive Crypto Sector Wrecked by FTX Debacle
Hong Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to ...
Golf Course or Housing? A Patch of Green Divides Hong Kong
The dispute over the city’s golf club exposes rare political friction for the elite in the new Hong Kong, where the establishment is torn between defending wealth and following Beijing’s wishes.
Hong Kong stocks sink after rapid new year rally while China’s onshore market enters bull territory on Goldman upgrade
Stocks in Hong Kong slumped amid overheating concerns after rapid gains this year. Chinese stocks entered bull-market territory before surrendering some of the gains in the post-Lunar holiday rally.
Hong Kong’s Exchange Fund posts record US$25.8 billion loss after an ‘exceptionally volatile’ year, HKMA says
The loss far surpasses the previous worst annual decline of US$9.6 billion in 2008 for the war chest that defends the Hong Kong dollar from attacks by short-sellers.
Hong Kong carriers forced to cancel 150 flights to Japan as country restricts number of planes arriving from city
Cathay Pacific and HK Express will each scrap up to 15 flights per week between February 3 and March 2 to comply with Japanese government’s restrictions.
Hong Kong’s Sovereign Wealth Fund Suffers Record Loss
Hong Kong's half-trillion-dollar investment fund set up to defend the financial hub's currency has suffered its largest loss on record of more than HK$200 billion ($25 billion), authorities said ...