Hong Kong faces real dangers of lone wolf-style attacks, with some extremists possibly already having sneaked into the city and planning attacks, the South China Morning Post reports citing the security units. Law enforcement stated on Wednesday ... ( read original story ...)
Hong Kong festival ends in race up tower studded with plastic buns
A dozen climbers in Hong Kong scrambled up a 60-ft (18-metre) tower covered with plastic buns in an annual contest won by the first man and woman to reach the top with the most buns plucked off the column in their ascent. Nearly 50,000 people flocked to ... ( read original story ...)
Hong Kong cops on alert for lone wolves inspired by IS
HONG KONG: Extremists inspired by the Islamic State (IS) terror group may have sneaked into Hong Kong or are already lurking in the city, putting anti-terror police on alert to prevent lone wolf-style attacks. Police on Wednesday said the danger was real, ... ( read original story ...)
Hong Kong shares fall slightly after Fed statement as HSBC jumps
Hong Kong stocks slipped slightly on Thursday, as a jump in index heavyweight HSBC Holdings largely counterbalanced any bearish sentiment stemming from the U.S. Federal Reserve's hawkish policy statement. The Hang Seng index fell 0.1 percent, to 24,683.88 ... ( read original story ...)
Hong Kong stocks lower at midmorning amid surge in Fed rate tightening expectations
Hong Kong stocks fell on Thursday, as traders digested the increased likelihood of a US rate rise in June. The Hang Seng Index opened at 10,150.37 and proceeded to fall, giving up 0.37 per cent. The Hang Seng China Enterprise Index was also down ... ( read original story ...)
BOCOM International plans to raise up to $267 mln in HK IPO-IFR
plans to raise up to $267 million in a Hong Kong initial public offering, IFR reported on Thursday, citing people close to the deal. The company, a unit of Bank of Communications Co Ltd (BoCom) , will offer 667 million shares and will give an indicative ... ( read original story ...)
HSBC first quarter pretax profit falls 19 percent; beats estimates
HONG KONG HSBC Holdings Plc on Thursday reported a 19 percent fall in first quarter profit, as Europe's biggest bank battles to restore flagging revenues following its restructuring. HSBC said pretax profit for the first three months of the year fell to $5 ... ( read original story ...)
HSBC 1Q pretax adjusted profit rises 12 percent to $5.9B
HONG KONG – HSBC says quarterly pretax profits rose 12 percent as improved trading and rising interest rates helped support the London-based global bank's businesses. The bank said on Thursday that profit for the first three months of the year ... ( read original story ...)
Hong Kong democracy advocates urge US Congress to get tough with Beijing to protect city’s freedoms
Hong Kong’s most high-profile democracy campaigners urged the US at a congressional panel late on Wednesday night to take a tougher stance against Beijing to protect Hong Kong’s freedoms. The city’s last British governor, Chris Patten, joined them as ... ( read original story ...)
Why a Hong Kong plant scientist with a biofuel research breakthrough has to leave for greener pastures
Hong Kong and Japanese scientists have discovered a new way to make biofuel from rice straw, which may offer a cheaper alternative to chemical methods currently employed. However, due to a lack of research opportunities in the city, a leading scientist in ... ( read original story ...)
Zacks: Hang Seng Bank Ltd. (HSNGY) Given $22.35 Average Target Price by Analysts
Shares of Hang Seng Bank Ltd. (NASDAQ:HSNGY) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock ... ( read original story ...)
Hong Kong's main index up as Tencent hit record highs
May 2 Hong Kong stocks followed Asian shares higher, as optimism over strong tech industry earnings and receding concerns over North Korea offset softer-than-expected factory surveys in China and the United States. The Hang Seng index rose 0.3 percent ... ( read original story ...)
Bitcoin, Hang Seng And The ASX 200
Elsewhere, in the real world, we can see the stage is set for another grind higher in Asia, with a slightly higher open expected in Japan and Hong Kong. The Hang Seng looks interesting ... Of course, all eyes on the Reserve Bank statement at 14:30 AEST ... ( read original story ...)
China stocks fall on weaker-than-expected data, regulation; Hong Kong up
Hong Kong stock followed Asian shares higher, as growing optimism for strong tech industry earnings and receding concerns over North Korea offset softer-than-expected factory readings in China and the United States. The Hang Seng index added 0.3 percent ... ( read original story ...)