Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump. ( read original story ...)
Tech stocks push Hang Seng into weekly loss as US sanctions more Chinese firms over Xinjiang issues
Hang Seng Index has declined 3.5 per cent so far this week as market struggles for traction on either rate-cut bets or risk from further US sanctions Tech stocks remain a drag to overall sentiment as ... ( read original story ...)
Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. ( read original story ...)
Hong Kong public gears up to vote amid new election laws
Hong Kong voters are preparing to vote for the first time this weekend since election laws were changed, amid a dearth of opposition candidates months after the city began cracking down on dissent. ( read original story ...)
The opposition is in jail. Hong Kong wants its ‘patriots’-only vote to look legitimate.
Changes to the electoral system have predetermined the outcome; voters may pick from a coterie of candidates largely aligned with Beijing. ( read original story ...)
Turnout the only unknown as Hong Kong holds first ‘patriots only’ polls
Hong Kong's political elite will pick new city lawmakers on Sunday under Beijing's "patriots only" rules that drastically reduce the number of directly elected seats and control who can run for office ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (HKG:2388) stock most popular amongst public companies who own 66%, while individual investors hold 25%
And individual investors on the other hand have a 25% ownership in the company. In the chart below, we zoom in on the different ownership groups of BOC Hong Kong (Holdings). BOC Hong Kong (Holdings) ... ( read original story ...)
Hong Kong Bourse May See Renewed Consolidation On Friday
The Hong Kong stock market on Thursday wrote a finish to the four-day losing streak in which it had tumbled more than 840 points or 3.6 percent. The Hang Seng Index now rests just above the ... ( read original story ...)
Insurtech: AIA Hong Kong Introduces Scenario-based Merchant Goods Protection ‘Care For You 24’ for Bloom members
Hong Kong tech startup, Bloom, has announced a collaboration with AIA Hong Kong in order to launch “Care for You 24” – AIA’s first scenario-based protection that 'revolves around customers’ lifestyle ... ( read original story ...)
KPMG among businesses backing Hong Kong’s ‘patriots’ election
KPMG is one of several big businesses in Hong Kong encouraging staff to vote in what the government is billing as a “patriots-only” election for the city’s legislature, as a ... ( read original story ...)
Hong Kong-listed unit of China’s third largest coal miner Shandong Energy Group announces wind, solar diversification plan
The company, whose parent firm is state-owned coal miner Shandong Energy Group, will promote the development and construction of wind power and photovoltaic power, according to a filing to the Hong ... ( read original story ...)
What Quarantine Is Like Inside Hong Kong’s Bleak, High-Security Camp
In an isolated corner of Hong Kong’s Lantau Island sits a vast expanse of shipping container-style buildings, ringed by concrete, flood lights and a tall wire fence. While most places have relied on ... ( read original story ...)
Hong Kong’s Pro-Democracy Activists Are Running Out of Options
China has effectively brought Hong Kong’s pro-democracy movement to a dead end. Almost all of the major groups advocating for meaningful elections and freedom of expression have disbanded, while this ... ( read original story ...)
After Bringing in a Record $1.2 Billion in Global Sales This Year, Phillips Plans a Major New Location in Hong Kong
Phillips, looking back on a record 2021 in which it sold $1.2 billion worth of luxury goods worldwide-up 32 percent from 2019, and hitting the billion-dollar mark for the first time ever-is now eyeing ... ( read original story ...)