China’s economic slowdown has entrenched expectations for further policy easing and other market-friendly measures. Equities in Hong Kong erased gains, falling in tandem with most Asian markets. ( read original story ...)
Hong Kong shares end lower weighed down by tech stocks
Hong Kong stocks ended lower on Tuesday weighed down by technology stocks, including index heavyweights Tencent and Alibaba, against the backdrop of a possible U.S. Federal Reserve rate hike as soon ... ( read original story ...)
Genting Hong Kong warns it may file for liquidition today
Genting Hong Kong — the parent of Star Cruises, Dream Cruises and Crystal Cruises — warned it may file for provisional liquidation today. ( read original story ...)
Aquila Acquisition sets debut Hong Kong Spac IPO in motion
Aquila Acquisition Corp, Hong Kong’s first special purpose acquisition company (Spac), has filed a draft IPO prospectus with the city’s stock exchange. Spacs, also known as blank-cheque companies, are ... ( read original story ...)
Nasdaq 100 in Cautious Mood as Yields Climb, Hang Seng Index May Rise
NASDAQ 100,HANG SENG INDEX, ASX 200 INDEX OUTLOOK: Dow Jones , S&P 500 and Nasdaq 100 closed -0.56%, +0.08%, and +0.75% respectively on Friday ; US 10-year Treas ... ( read original story ...)
HSBC Splits Hong Kong Team to Different Locations to Manage Quarantine Risks
HSBC Holdings Plc warned traders that one of the main risks to business continuity is the city’s quarantine policy as the Asian financial hub tightens to contain a fifth wave of infections. ( read original story ...)
Hong Kong stocks halt two-day losses as Alibaba, property developers gain on China policy boost
Stocks appear to be on firmer footing in early trading as China’s economic slowdown strengthens expectations for further policy and market-friendly measures. ( read original story ...)