Tag: banking

Hong Kong stocks rose, with the benchmark index headed for its biggest gain in more than a week, as energy companies climbed on higher oil prices. The Hang Seng Index added 1.3 percent at the midday break, headed for its biggest jump since Nov. 10. ( read original story ...)

All the Hang Seng sectors were in positive territory with the Finance sector strengthening by 1.73%. Trends in the dollar and oil prices will continue to have an important impact on the Hong Kong market with wider trends in the yuan also watched closely. ( read original story ...)

Hong Kong shares were poised for their best day in nearly two weeks as the Hang Seng index added 1.3 percent to 22,646.38 points by the lunch break. The Hong Kong China Enterprises Index gained 1.8 percent, to 9,616.59. The optimism spilled over into the ... ( read original story ...)

SHANGHAI Nov 21 Hong Kong stocks edged up on Monday, aided by strength in the China market, but gains were caped by fears that U.S. dollar strength and rising U.S. bond yields could accelerate portfolio outflows from emerging markets. The Hang Seng index ... ( read original story ...)

Hong Kong stocks opened up on Tuesday morning after record highs in three major US markets, with insurance, property and energy stocks among the key gainers. The Hang Seng Index opened up 0.69 per cent or 155.01 points at 22,512.79, while the Hang Seng ... ( read original story ...)

The Hong Kong stock market has moved higher in back-to-back sessions, advancing almost 100 points or 0.5 percent along the way. The Hang Seng Index now rests just ... Industrial and Commercial Bank of China added 0.22 percent and HSBC slid 0.49 percent. ( read original story ...)

[HONG KONG] Hong Kong stocks soared Tuesday, tracking a rally across Asia and in New York, with energy firms the big winners as oil prices were boosted by hopes of a deal to cut production. The Hang Seng index rose 1.43 per cent, or 320.29 points ... ( read original story ...)

Nov 22 Hong Kong stocks posted their biggest gain in nearly two weeks ... in energy shares on prospects of oil producing countries agreeing to curb output. The Hang Seng index rose 1.4 percent, to 22,678.07, while the China Enterprises Index gained 2.2 ... ( read original story ...)

HONG KONG (Reuters) - Walt Disney will expand its loss-making Hong Kong Disneyland theme park with a $1.4 billion investment to try to attract more visitors, the U.S. entertainment company and its local government partner said on Tuesday. Hong Kong ... ( read original story ...)

HONG KONG Nov 22 The Hong Kong government on Tuesday began a consultation process on new powers the banking, insurance and securities regulators can use to wind down troubled financial institutions. The proposal outlines how the regulators may use the so ... ( read original story ...)

Valuations might be smaller in SEA but could increase because emerging Asia is still growing, says Ernest Kan at Deloitte Southeast Asia. ( read original story ...)

Lam Soon (Hong Kong) Limited (Lam Soon), a subsidiary of Hong Leong Group is a food product company that operates through business segments such as food and detergents. The company's food segment offers products which include flour, edible oils and ... ( read original story ...)

an investment strategist told CNBC. While no specific dates were set for the launch of the so-called Shenzhen-Hong Kong Stock Connect, some investors were betting that Monday would mark the official open of access to the exchange notable for potential ... ( read original story ...)

HONG KONG (Reuters) - Asian stocks rose on Tuesday in the wake of solid gains in U.S. markets overnight, while the Japanese yen briefly strengthened after a powerful earthquake rocked northern Japan. Oil extended gains in Asian trading with U.S. West Texas ... ( read original story ...)