Hong Kong stocks plunged by more than six percent to a 13-year low Monday, in what some market observers are considering to be a reaction to the new membership of Communist Party of China's (CPC) top ... ( read original story ...)
Stocks in Hong Kong tumble, Bank of Japan intervenes on yen
In Hong Kong, the Hang Seng tumbled 950 points. The key index was still trading at the time of writing but was revisiting lows not seen since the Global Financial Crisis in 2008/9. In mainland China, ... ( read original story ...)
Analysts Issue Forecasts for BOC Hong Kong (Holdings) Limited’s FY2024 Earnings (OTCMKTS:BHKLY)
Investment analysts at Jefferies Financial Group increased their FY2024 earnings estimates for shares of BOC Hong Kong in a note issued to investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)
Hong Kong stocks tank to 14-year low as re-elected Xi’s reshuffle sparks worries about China’s economic recovery
The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists, a concentration of power that could risk China's economic recovery. ( read original story ...)
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
Hong Kong stocks were on track for their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. ( read original story ...)
Hong Kong police arrest 4, shut down syndicate suspected of stealing motorbikes, selling weapons to triads
Officers arrest two men and two women during raid on Pat Heung warehouse used as 'mini-arsenal and storage facility' Seven airguns, knives and other weapons were seized along with stolen items ... ( read original story ...)
FTSE 100 Live: Sterling higher as Sunak set to become PM, Hong Kong shares slide
Sterling is trading higher against the US dollar amid expectations that Rishi Sunak is poised to become prime minister. The pound, which finished last week at $1.11, stood at around $1.135 in Asia ... ( read original story ...)
Chinese University of Hong Kong ditches new crest a week after outcry from lawmakers over redesign
The Chinese University of Hong Kong has restored its old crest after a redesigned version drew criticism from lawmakers who accused the institution of poor governance. While confirming the move on ... ( read original story ...)
Hong Kong stocks plunge on China worries
Hong Kong stocks plunged five per cent to a 13-year low today as investors were spooked by Chinese President Xi Jinping’s decision to hand key ... ( read original story ...)
Hong Kong stocks tumble after Xi appointments fan economic fears; yuan weakens
HONG KONG/SHANGHAI (Reuters) -Hong Kong stocks tumbled on Monday and the yuan weakened against the dollar after the new membership line-up of China's top governing body heightened fears that Xi ... ( read original story ...)
Hong Kong swimmers take part in Victoria Harbour race
Oddly Enough Hong Kong swimmers take part in Victoria Harbour race. Posted . More than 1,000 swimmers took the plunge on Sunday (October 23) to race across Hong Kong's iconic Vict ... ( read original story ...)
Hong Kong property agents see expat renters who fled Covid-19 curbs trickling back from cities including Singapore
Agents report an uptick in inquiries after the city's hotel quarantine requirement was relaxed Some returnees report finding Singapore's rents higher and its school spots harder to secure than they ... ( read original story ...)
Hong Kong, China stocks fall after Xi appointments fan economic fears; yuan weakens
Hong Kong stocks opened sharply lower on Monday and the yuan weakened after the membership line-up of China's governing body heightened fears that Xi Jinping will double down on ideology-driven ... ( read original story ...)
HSBC, Standard Chartered kick-start third-quarter bank reporting with eyes on margins, loan losses amid interest rate hikes
Hong Kong's biggest banks increased their prime rate for the first time in four years in September Questions remain about how slowing growth, particularly in China, could affect bank bottom lines In ... ( read original story ...)