SHANGHAI, March 20 Hong Kong stocks powered to 19-month closing highs on Monday ... and vowed to restrict lending to the sector. The Hang Seng index rose 0.8 percent, to 24,501.99, while the China Enterprises Index gained 0.7 percent, to 10,583.98 points. ( read original story ...)
E Fund HK Develops its First Hang Seng Index Inverse Product (7302.HK) Jointly with Taiwan's Yuanta Funds
We believe the Hang Seng Index Inverse ETF product（7302.HK ... In addition, no more than 90% of the product's net asset value will be invested in bank deposits and Hong Kong dollar denominated cash management instruments such as Exchange Fund Bills ... ( read original story ...)
Hang Seng pushes further above 24,000 to highest level since 2015
An increase in southbound traffic from mainland investors taking advantage of Stock Connect trading schemes, which link Hong Kong with bourses in Shanghai and Shenzhen, is helping to drive the current rally. The Hang Seng China Enterprises Index ... ( read original story ...)
Asia stocks mixed, dollar slips as Fed continues to weigh
Chinese shares .SSEC added 0.2 percent, while Hong Kong's Hang Seng .HSI advanced 0.6 percent ... On Friday, Wall Street was flat to negative, dragged lower by bank shares that fell along with Treasury yields. Financial leaders from the world's biggest ... ( read original story ...)
Hong Kong seeks to rival Seoul and Tokyo with leveraged ETFs
Hong Kong will allow retail investors to buy and sell its home Hang Seng indices via sophisticated exchange traded products as the city seeks to develop a market to rival those of Seoul and Toyko. The use of leveraged and inverse exchange traded funds has ... ( read original story ...)
Tencent, Shenhua jump as Hong Kong shares rise for third day
HONG KONG (NewsRise) -- Hong Kong shares headed for a third straight day of gains as expectations of earnings growth from Tencent Holdings and a special dividend from China Shenhua Energy helped fuel strong inflows from mainland investors. The Hang Seng ... ( read original story ...)
How do you breathe in Hong Kong?
Artist Siu Wai ... with Hong Kong's gargantuan skyscrapers themselves. A dystopic, Eschersque aluminum sculpture by Vaan Ip evoking Hong Kong's dizzying verticality becomes far more effective when viewed with architect I.M. Pei's Bank of China Building ... ( read original story ...)
Asian stocks lower after G20 drops anti-protectionism pledge
KEEPING SCORE: The Shanghai Composite Index shed 0.1 per cent to 3,232.84 while Hong Kong's Hang Seng rose 0.6 per cent to 24,452.51 ... fell on the New York Stock Exchange. The U.S. central bank said that it still plans a total of three increases this ... ( read original story ...)
Finance minister Paul Chan urges caution from Hong Kong homebuyers
Financial Secretary Paul Chan Mo-po on Sunday urged homebuyers to be cautious, warning that the impact of further US interest rate rises could curb Hong Kong’s soaring property prices. The warning, in Chan’s weekly blog, came a day after it emerged ... ( read original story ...)
Hong Kong in danger of losing its status as aviation hub, Qantas chief warns
Hong Kong is in danger of losing its role as an international aviation hub because of intense competition, the boss of Qantas Airways has warned. In an interview with the Post, Alan Joyce, chief executive of Australia’s national airline, said Middle East ... ( read original story ...)
Hong Kong’s most exceptional property industry professionals honoured at RICS Awards Hong Kong 2017
HONG KONG--(BUSINESS WIRE)-- The annual RICS (Royal Institution of Chartered Surveyors) Awards, Hong Kong recognised the region’s most successful real estate teams and developments in the property sector. Companies and individuals received 36 awards at ... ( read original story ...)
How to enjoy a Hong Kong holiday
Hong Kong, or ‘Honkers’ as it’s affectionately known, has a great deal to offer both business and leisure travellers, striking the perfect balance between a bustling commercial hub and the quintessential South East Asian cultural experience. ( read original story ...)
Hong Kong police hunt for suspect behind car park fire that torched eight vehicles in Lok Fu estate
Residents at a Lok Fu housing estate woke up to the smell of smoke early Sunday morning after a fire broke out in a multi-storey car park, damaging eight vehicles. The Fire Services Department received multiple reports of fire at about 9.30am in the car ... ( read original story ...)
Turnout for mock leadership ballot falls well short of one million target as Hong Kong people are ‘discouraged’
Hong Kong people seized the last chance to cast their votes in a mock ballot for the city’s next leader, but the turnout of about 57,000 as of Sunday afternoon was way short of the one million target. At the University of Hong Kong voting station ... ( read original story ...)