Hong Kong's Hang Seng index surged 6.44%% in Wednesday afternoon trade, seeing a rebound after days of heavy losses earlier this week. ( read original story ...)
Dow Jones rebound may lift Hang Seng Index and crude oil fall
The central bank is expected to raise interest rate by 25bps at today’s meeting. Hong Kong’s Hang Seng Index may rebound after falling nearly 6% a day ago amid intensified selloff in the technology ... ( read original story ...)
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
Wealth Connect, launched last year, allows for cross-border investments in the Greater Bay Area, a region of 70 million people that includes Hong Kong and mega-cities in the south ... ( read original story ...)
Hong Kong leader Lam says no plans to further tighten COVID rules
Hong Kong leader Carrie Lam said on Wednesday that there were no plans to further tighten COVID-19 rules in the global financial hubs, with measures in place already the strictest since the pandemic ... ( read original story ...)
As Cathay Pacific crew, expatriates and BN(O) holders flee Hong Kong, who will snap up those property bargains?
More expatriates are selling their property in Hong Kong to head home or elsewhere in rebuke to the city’s social-distancing and quarantine rules, with no respite in sight as the Omicron cases ... ( read original story ...)
Hong Kong’s Hang Seng index jumps more than 3%, rebounding after days of losses
The Hang Seng index in Hong Kong jumped 3.56% in early trade on Wednesday, recovering partially after big losses in the past few days. ( read original story ...)
Hong Kong stocks regain part of US$300 billion destruction with JD.com, Alibaba recovery as China fends off sanction fears
Stocks regain strong footing in early trading as buyers return to pick up JD.com, Alibaba and Chinese tech peers, lifting the benchmark index from a decade low. ( read original story ...)
Mainland support boosts confidence in fighting COVID-19 in Hong Kong
Hong Kong people are full of gratitude for the central authorities' support for the global financial hub to fight COVID-19, especially under the fifth wave of the epidemic when there is a temporary ... ( read original story ...)
Hong Kong Cinemas Expect the Worst as COVID and Restrictions Continue
Hong Kong’s ongoing anti-COVID restrictions are forecast to cost the city’s cinemas HK$1.5 billion ($192 million) in lost box office receipts and cause the unemployment of thousands of people in ... ( read original story ...)
Former Hong Kong adviser condemns Carrie Lam over deadly COVID-19 storm
A former top government adviser condemned Hong Kong's leader on Tuesday (Mar 15), calling for her to "resign in shame" over a deadly COVID-19 wave that has clogged the city's healthcare system and ... ( read original story ...)
Lithium battery startup files for IPO in Hong Kong
Chinese EV battery giant CALB plans to IPO in Hong Kong. After a bad year in 2020, the company has ridden on the success of China’s booming EV sales. ( read original story ...)
‘I am angry’: residents locked down in mainland China blame Hong Kong for sending over Covid-19 infections while taking in much-needed aid
Posts on mainland social media note that while residents in Shenzhen and Dongguan are locked down for testing, Hongkongers are out shopping and hitting the beach They accuse the financial capital of ... ( read original story ...)
Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong
Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant ... ( read original story ...)
An Update On The Virtual Asset Regulatory Landscape In Hong Kong.
These publications, listed below, bring about new developments to Hong Kong’s virtual asset (and by extension, financial) industry. We explore these developments in this client alert. HKMA’s ... ( read original story ...)