Hong Kong markets opened higher on Tuesday following the upward momentum in US markets, but trade is expected to be cautious ahead of Chinese data due out this week. The Hang Seng Index added ... Other banks followed suit, with Bank of China, ICBC and ... ( read original story ...)
Time To Buy HSBC, Says Morgan Stanley
HSBC (5.Hong Kong/HSBC) gained 1.5% in Hong Kong amid heavy buying after long-time bear Morgan Stanley double upgraded this stock from Underweight to Overweight. Morgan Stanley has been a long-time bear because it is worried HSBC can’t maintain its ... ( read original story ...)
Hong Kong police launch probe of taxi driver who caused uproar by uploading breastfeeding photo
Hong Kong police have launched a formal probe into a taxi driver suspected to have secretly taken a photo of a woman breastfeeding on the back seat and then uploaded the image on Facebook. But a former privacy chief said the cabbie might not have breached ... ( read original story ...)
Hong Kong police search for parents of sick baby abandoned at barbecue site
But it failed to reveal her name or whether she was born in Hong Kong, a police source said. “Initial checks found no apparent injuries on the baby,” a police spokeswoman said. The baby was taken to Tseung Kwan O Hospital for a check-up. The source ... ( read original story ...)
Hong Kong-Shenzhen trading link off to negative start
A long-delayed trading link between the exchanges of Hong Kong and Shenzhen in China made a disappointing debut Monday, with markets on both sides of the border ending lower. The link opens another door to the mainland's cloistered markets, allowing ... ( read original story ...)
Hong Kong Tycoon Li Offers $5.4B for Australia Energy Firm
Australian energy company Duet Group says it's considering a multibillion dollar takeover offer from the infrastructure arm of Hong Kong tycoon Li Ka-shing's business empire. Duet said Monday that it recently received an unsolicited cash offer from Cheung ... ( read original story ...)
Hong Kong connects to China's booming tech sector
A long waited stock trading link between Hong Kong and China's tech dominated Shenzhen exchange went live on Monday. As Tara Joseph reports, the connection gives international investors access to hundreds of tech stocks listed in the booming southern ... ( read original story ...)
HKEX CEO Sees Potential for IPO, Bond Connects With Mainland
Hong Kong’s second stock-trading connect with the mainland may be followed by links for initial public offerings, bonds and commodities, said Charles Li, chief executive officer of the city’s bourse. Hong Kong Exchanges & Clearing Ltd. on Monday ... ( read original story ...)
Hong Kong-Shenzhen share trading link launches
HONG KONG - A long-delayed trading link between the Chinese city of Shenzhen and Hong Kong launched on Monday, opening another door to the mainland's cosseted stock markets but a China slowdown, weak yuan and expected US rate hikes have analysts sounding a ... ( read original story ...)
HANG SENG INDEX (INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook
The projected lower bound is: 21,839.86. The projected closing price is: 22,480.46. HANG SENG/Hong Kong INDEX closed down -59.270 at 22,505.551. Volume was 3% below average (neutral) and Bollinger Bands were 33% narrower than normal. HANG SENG INDEX is ... ( read original story ...)
Konka Group and HSBC become the first shares exchanged via Shenzhen-Hong Kong stock connect
The Shenzhen and Hong Kong Stock Connect made a historic debut on Monday, as HSBC and Konka Group became the first shares to be exchanged over the cross-border trading platform. The trading connect scheme, which links China’s southern most stock exchange ... ( read original story ...)
InterContinental Grand Stanford Hong Kong Voted World's Leading Luxury Business Hotel
HONG KONG, Dec. 5, 2016 /CNW/ -- InterContinental Grand Stanford Hong Kong has won the attention of the world elites at the World Travel Awards (WTA) Grand Final Gala Ceremony 2016 held in Maldives, garnering the biggest recognition as World's Leading ... ( read original story ...)
Shenzhen – Hong Kong trading scheme kicks off
Media captionOverseas investors will have access to 900 Shenzhen-listed firms. Investors in Hong Kong can buy stocks on the Shenzhen Stock Exchange and vice-versa from today, following the official launch of the Shenzhen - Hong Kong trading link. ( read original story ...)
HSBC to accelerate hiring in China next year, defying challenges
[HONG KONG] HSBC Holdings Plc plans to step up hiring in China for its retail and wealth business next year as the UK lender persists with its expansion there despite the country's economic slowdown and measures to stem capital outflows. The bank increased ... ( read original story ...)