Hong Kong stocks rose for a sixth day, sending the benchmark gauge to its highest level in three weeks, as fears of a global trade war eased and investors’ risk appetite returned with US technology stocks rising to records. The Hang Seng Index added 0.8 ... ( read original story ...)
Global shares fall ahead of G7 summit, central bank meetings
Hong Kong's Hang Seng slipped 1.9 per cent at 30,910.89 ... "Then there's that small matter of the European Central Bank and Federal Reserve Board meetings, which could be very crucial for the markets next tack." ENERGY: Benchmark U.S. crude dipped ... ( read original story ...)
Hong Kong market rises on gains of property and tech shares
head of investment strategy for Hong Kong and greater China wealth management at Standard Chartered Bank. “Every time the Hang Seng Index approaches 30,000 points, there is a technical rebound.” In mainland trading on Monday, the Shanghai Composite ... ( read original story ...)
Hong Kong stocks jump most in a month on techs, developers
head of investment strategy for Hong Kong and greater China wealth management at Standard Chartered Bank. "Every time the Hang Seng Index approaches 30,000 points, there is a technical rebound." In mainland trading on Monday, the Shanghai Composite rose 0 ... ( read original story ...)
Hong Kong Market: Time To Lock In Gains
The win streak has reached six sessions for the Hong Kong Stock Market, which has soared more than ... were mixed - and the Asian shares figure to split the difference. The Hang Seng finished modestly higher on Thursday following gains from the financials ... ( read original story ...)
Hong Kong Bourse Draws Firm Lead For Thursday
The Hong Kong stock market has climbed higher in five straight sessions ... The European and U.S. markets were up and the Asian markets are expected to follow suit. The Hang Seng finished modestly higher on Wednesday following gains from the utilities ... ( read original story ...)
Sensex, Nifty trade lower, bank stocks fall
Major losers were power grid, ICICI Bank, IndusInd Bank, Yes Bank ... In the Asian region, Japan’s Nikkei fell 0.20% and Hong Kong’s Hang Seng shed 1.30% in early trade. China’s Shanghai Composite index too was down 1.29%. ( read original story ...)
What is Behind Winson Holdings Hong Kong Limited’s (HKG:8421) Superior ROE?
With an ROE of 19.22%, Winson Holdings Hong Kong Limited (SEHK:8421) outpaced its own industry which delivered a less exciting 8.43% over the past year. On the surface, this looks fantastic since we know that 8421 has made large profits from little equity ... ( read original story ...)
Xiaomi Wins Hong Kong Stock Exchange Approval for IPO
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Rainstorm warning lowered to amber as Tropical Storm Ewiniar moves away from Hong Kong
The Hong Kong Observatory lowered the rainstorm warning signal to amber at 12.30pm on Friday, just one hour after it issued the red signal. The change means the heavy rain is easing or expected to ease all over the city. Observatory senior scientific ... ( read original story ...)
This Hong Kong ‘Smart Ring’ Startup Raised $2.5M To Crack The Wearables Market
When you think wearables, the first things that come to mind are probably smartwatches and fitness bands. Wearables surfaced as a mainstream consumer electronics trend about four years ago, but eventually the trend tapered. One Hong Kong startup, Origami ... ( read original story ...)
Global travel tech start-up takes off in Hong Kong
Global travel tech start-up Hey Travelista announced today (June 8) that it has opened its Hong Kong office as the global headquarters to launch its new online travel platform for affluent travellers in Asia. Hey Travelista offers its registered members ... ( read original story ...)
Game live streaming platform Douyu rumored to plan IPO in Hong Kong
Tencent-backed game live-streaming platform Douyu(斗鱼) is reported to plan an initial public offering in Hong Kong. The company is said to plan to raise more than $ 700 million. However, the company declined to comment on the information. Douyu was ... ( read original story ...)
Former financial secretary John Tsang joins fintech-focused merchant bank Ion Pacific
John Tsang Chun-wah, Hong Kong’s former financial secretary who was defeated last year in his bid to become the city’s chief executive, has joined fintech-focused merchant bank Ion Pacific as its vice-chairman. Set up in 2015 in Hong Kong, Ion Pacific ... ( read original story ...)