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Posted on 01/10/2024

China’s top banks to tweak mortgage rates to boost housing market

SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s central bank, state media said on Monday (Sep 30), as the ...

Posted on 01/10/2024

Hang Seng Index: Start Of A Potential New Medium-Term Bullish Trend

Aggressive interest rate cuts by PBoC coupled with potential expansionary fiscal policies that target consumer spending have stoked positive animal spirits. Click to read.

Posted on 01/10/2024

10 Years Later: Hong Kong’s Umbrella Revolution

I n 2014, Hong Kong protesters used umbrellas as a form of passive resistance to the city police’s use of tear gas and pepper spray as they demanded a more transparent election. The protest movement ...

Posted on 01/10/2024

Hong Kong air pollution reaches serious levels in parts of city amid weak winds

Seventeen of 18 local monitoring stations issue very high risk warnings on Monday, with remaining one recording serious alert.

Posted on 30/09/2024

Hong Kong’s ZA Bank Gets Regulatory Nod to Add Crypto to Its Financial Services

ZA Bank has recently received a regulatory approval to add crypto investment services to its business offerings.

Posted on 30/09/2024

Alibaba, HKEX attract Chinese investors as inflows to Hong Kong stocks surge

Southbound investors bought HK$12.1 billion (US$1.6 billion) worth of local shares on Monday, the biggest single-day total in more than six months, according to stock exchange data. That helped propel ...

Posted on 30/09/2024

Elderly man falls to death while doing household chores in Hong Kong, in second such death in 2 weeks

Security personnel alert police after discovering 83-year-old man lying on podium near Yee Yip House at Tsing Yi Estate.

Posted on 30/09/2024

LIVE: Drone show in Hong Kong ahead of China’s 75th founding anniversary

A drone show lights up the sky above Hong Kong’s Victoria Harbour on the eve of the 75th anniversary of the founding of the People's Republic of China.

Posted on 30/09/2024

Third British judge quits top Hong Kong court amid China-imposed crackdown on dissent

Third British judge quits top Hong Kong court amid China-imposed crackdown on dissent - It comes after former judge Lord Jonathan Sumption said Hong Kong ‘becoming a totalitarian state’ ...

Posted on 30/09/2024

China Removes Curbs on Home Buyers, Sparking Stock Market Surge

After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.

Posted on 30/09/2024

Carote’s Hong Kong IPO Is Said to Have Drawn Hillhouse, Shunwei

Chinese kitchenware maker Carote Ltd., which is set to be the first company to list in Hong Kong since Midea Group Co.’s $4.6 billion debut, has drawn interest from investors including Hillhouse ...

Posted on 30/09/2024

Bullish Chinese investors charge into Hong Kong stocks in stimulus-ignited buying frenzy

Alibaba, HKEX and Wuxi Biologics lead the way as net inflows blow past last year’s total in a buying rush ahead of the ‘golden week’ holiday.

Posted on 30/09/2024

Hong Kong’s latest Silver Bond sale starts strong as stable returns appeal

As interest rates have begun to fall, the guaranteed 4 per cent yield of the US$6.4 billion in bonds looks better by comparison.

Posted on 30/09/2024

‘Hong Kong won’t change for you’: the mindset driving ghastly service standards in the city

A refusal to put the customer first has outsized implications for Hong Kong’s businesses. Read more at straitstimes.com.

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