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Posted on 17/11/2023

Hong Kong Exchange Fund rebounds from record loss with US$14.22 billion return in first 9 months, as bonds beat stocks

The war chest used to defend Hong Kong’s currency posted a third quarter loss but still reported a strong returns in the first nine months of 2023 as robust performance in the bond market offset ...

Posted on 17/11/2023

Hong Kong’s monetary authority is working with market regulators on how to get bank transactions done when stock market opens in bad weather

In decades-old practice, the Hong Kong stock market and all of the city's 1,100 bank branches shut down during severe weather. But now the Hong Kong government is urging the local bourse to remain ...

Posted on 17/11/2023

Hong Kong stocks slide with Alibaba’s 10% sell-off as US tech war kills asset spinoff plan, Jack Ma to cut stake

Hong Kong stocks slumped, dragged down by Alibaba Group’s worst sell-off in more than a year, after China’s biggest e-commerce group scrapped a plan to spin off its cloud-computing business amid ...

Posted on 17/11/2023

The Slow, Insidious Attack on Freedom of Religion in Hong Kong

As Hong Kong’s basic freedoms have been dismantled, freedom of religion or belief – perhaps the last liberty still just about standing – is under ever-increasing threat.

Posted on 17/11/2023

Singapore startups struggle to find fintech talent amid competition with Abu Dhabi, Hong Kong

A funding squeeze and uncertain growth prospects are making Singapore startups less than gung-ho about adding to ... time to look for jobs in the Asian financial center. Rivals like Hong Kong and Abu ...

Posted on 17/11/2023

Tanking Alibaba drags Hong Kong as markets rally fades

Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it would cancel the planned spinoff of its ...

Posted on 17/11/2023

Alibaba’s Hong Kong shares tumble 10% after cloud unit spin-off shelved

Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties fuelled by U.S. curbs on exports to China of chips used in ...

Posted on 17/11/2023

When wife with a double life vanished, leaving a stash of cash from gambling, and Hong Kong civil servant was accused of living beyond his means

Hong Kong civil servant Clive Holgate was accused of maintaining a standard of living beyond his salary when his wife vanished, leaving behind a mass of money The wife, a former Wan Chai bar girl with ...

Posted on 17/11/2023

China’s Wuxi XDC to Debut in Hong Kong After IPO Priced at Top

A Chinese maker of drugs used in cancer treatments, WuXi XDC Cayman Inc., will start trading in Hong Kong after an initial public offering priced at the top of a marketed range, a rare case of strong ...

Posted on 17/11/2023

Mild Consolidation Called For Hong Kong Shares

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of ...

Posted on 17/11/2023

Hong Kong Exchange Fund rebounds from record loss with US$14.22 billion return in first 9 months

The war chest used to defend Hong Kong’s currency posted a third quarter loss but still reported a strong returns in the first nine months of 2023 as robust performance in the bond market offset ...

Posted on 17/11/2023

Wuxi XDC Cayman Shares Surge in Hong Kong Debut

Wuxi XDC Cayman’s shares rose in their trading debut in Hong Kong as investors scrambled to compensate for the lost opportunity during the company’s initial public offering.

Posted on 17/11/2023

To Hong Kong’s critics, some national security laws are more equal than others

Those who attack the national security law for Hong Kong seem oblivious to the legal landscape in their own countries Julian Assange is fighting extradition to the US for violating its 1917 Espionage ...

Posted on 17/11/2023

Fifa World Cup 2026: Hong Kong hit for four in Iran, late goals hurt depleted visitors

Hong Kong lose their opening World Cup qualifier in Iran, but four-goal margin flatters hosts, who were frustrated by visitors’ defiance.

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