Hong Kong markets slipped lower on Thursday morning on fluctuating oil prices and ahead of US Federal Reserve chair Janet Yellen’s testimony to Congress on economic outlook. The Hang Seng Index closed the midday session down 0.12 per cent, or 27.19 ... ( read original story ...)
Hong Kong: Stocks open lower on Trump uncertainty
[HONG KONG] Hong Kong stocks opened lower Thursday morning, tracking losses on Wall Street as investors are wracked with uncertainty over the outlook for the global economy after Donald Trump's election as US president. The Hang Seng index slipped 0.50 per ... ( read original story ...)
Hong Kong Jockey Club inks UK Tote commingling deal
The Hong Kong Jockey Club (HKJC) has ensured its massive betting pools grow even larger after inking a commingling deal with the UK Tote. On Tuesday, the HKJC announced that UK punters would be able to place wagers on the HKJC’s pari-mutuel tote pools ... ( read original story ...)
Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg
(Reuters) - Hong Kong conglomerate Swire Pacific Ltd (0019.HK ... A potential deal could value the business at about $1 billion and the companies could announce a deal as soon as this week, Bloomberg said, citing people familiar with the matter. ( read original story ...)
Hong Kong Airlines and Etihad expand codeshare
Hong Kong Airlines and UAE national carrier Etihad Airways have expanded their codeshare agreement to offer improved connections between Australasia, Asia, the Middle East, Europe and North America. The expansion brings the total number of services under ... ( read original story ...)
Hong Kong billionaire takes out full-page adverts to announce he has split with his girlfriend and given her $400million
A Hong Kong billionaire has taken out full-page adverts to announce he has split with his girlfriend and given her £200million. Joseph Lau used the announcements to say he had split from Yvonne Lui in 2014 - and that she would not be receiving any more money. ( read original story ...)
Hong Kong shares edge down, led by financial and real estate stocks
SHANGHAI: Hong Kong stocks slipped in thin trading on Wednesday, with gains erased late in the day as financial shares dropped and real estate shares fell for a fourth straight day on fears of rising interest rates. The benchmark Hang Seng index lost 0.2 ... ( read original story ...)
Hong Kong’s stock market snaps two-day slide
The Hang Seng Index now rests just above the 22,320-point ... Ping An perked 1.24 percent, Hong Kong & China Gas advanced 0.98 percent, Bank of China collected 0.89 percent, Sands China fell 0.87 percent, China Petroleum and Chemical (Sinopec) added ... ( read original story ...)
Late Hang Seng Index Sell-Off Triggered by Strong Dollar
Given the Hong Kong currency peg, there will be an important direct impact on domestic competitiveness, which will act as an important drag on the economy. The Hang Seng index opened significantly higher and remained in positive territory into the session ... ( read original story ...)
Hong Kong Stocks Rise for Second Day as Oil Companies Lead Gains
Hong Kong stocks rose for a second day as concern about the impact of a Donald Trump administration eased and Premier Li Keqiang talked up the Chinese economy. Oil companies advanced. The Hang Seng Index gained 0.5 percent as of 1:21 p.m. local time. ( read original story ...)
Two Hong Kong banks to test emerging biometric technologies
Last week, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan said that the banking regulator received applications from two banks to test emerging biometric technologies under a new regulatory regime, according to a report in Reuters. ( read original story ...)
Credit Suisse hires banker in China onshore private banking push: memo
HONG KONG Credit Suisse has hired former RBS banker Rick Meng as head of China onshore private banking, according to an internal memo, as the Swiss private bank looks to tap the wealth management business in the world's second-largest economy. Credit ... ( read original story ...)
Hong Kong Stocks Advance From Three-Month Low as Turmoil Abates
Hong Kong stocks rose from a three-month low ... The Hang Seng Index last traded at 22,324.62, while the Hang Seng China Enterprises Index advanced 0.7 percent. China Construction Bank added 1.5 percent after falling to a three-month low on Monday. ( read original story ...)
Hong Kong shares come off three-month lows by midday as banks gain
China Construction Bank rose 1.3% to HK$5.53 and Bank of Communications ... head of research at Core Pacific-Yamaichi International in Hong Kong. While the Hang Seng Index is likely to close higher on Tuesday, the market may lose steam in coming days ... ( read original story ...)