The benchmark Hang Seng index added 0.4 percent, to 22,314.62 points, while the Hong Kong China Enterprises Index gained 0.5 ... Data released on Morning showed that China's central bank sold less foreign exchange in October than an eight-month high ... ( read original story ...)
Hong Kong Stocks Climb for Second Day as Casinos Lead Advance
The Hang Seng Index climbed 0.4 ... while Sands China added 1.3 percent. Hong Kong Exchanges & Clearing rose 0.3 percent, taking a two-day increase to 1.8 percent. Chinese lenders’ H shares carved out gains, with Bank of China Ltd., China Construction ... ( read original story ...)
Hong Kong Shares May Find Support On Monday
The Hang Seng Index now rests just ... Among the actives, Hong Kong & China Gas plunged 3.56 percent, while China Resources Land plummeted 3.20 percent, China Resources Power Holdings lost 2.74 percent, Bank of China spiked 2.36 percent, HSBC advanced ... ( read original story ...)
Hong Kong: Stocks tick up at open after sell-off
[HONG KONG] Hong Kong stocks edged up at the start of trade Tuesday after tumbling more than two per cent over the previous two days on worries about the impact of a Donald Trump presidency on world trade and interest rates The Hang Seng index rose 0.22 ... ( read original story ...)
UBS to restructure Hong Kong corporate finance, China teams – memo
... Nov 14 UBS AG is reorganising its Hong Kong-based corporate finance team and China-focused country bankers, which would result in about 20 junior bankers moving to other departments within the investment bank, an internal memo and sources familiar ... ( read original story ...)
Chinese bankers heading to the top at global firms in Hong Kong
Mainland Chinese bankers are increasingly knocking Western expats off their perch at the senior end of Hong Kong investment banking. Mainland Chinese are increasingly taking senior roles in global investment banks in Hong Kong – at the expense of the ... ( read original story ...)
Hong Kong Government Still Cautious About Blockchain
They would share any lessons learned with the fintech industry and banking sector in Hong Kong, so as to facilitate further DLT developments. While embracing fintech generally, the event took a cautious approach to DLT. Delivering a keynote address ... ( read original story ...)
Asia Generally Negative, on Data, U.S. Campaign
But most analysts don't expect any moves from the central bank. The Hang Seng Index in Hong Kong lost 20.27 points, or 0.1%, to 22,934.54 In currency markets, the yen weakened against the dollar, fetching 104.84 as of late afternoon local time, but still ... ( read original story ...)
Launch Announcement for Callable Bull/Bear Contracts ("CBBCs") to be issued by
Spot Level means the spot level of the Index as compiled and published by Hang Seng Indexes Company Limited ... We are a licensed bank regulated by the Hong Kong Monetary Authority. We are also authorised and regulated by the Financial Market Supervisory ... ( read original story ...)
Markets Right Now: Stocks move higher on Wall Street
The gains put the Dow on track to beat its all-time closing from August. Other indexes didn't do as well. ASIA'S DAY: Hong Kong's Hang Seng index lost 1.4 percent to 22,531.09 and South Korea's Kospi fell 0.9 percent to 1,984.43. Stocks are opening higher ... ( read original story ...)
Financial markets drop as Trump looks set to be next U.S. president
The central bank last hiked its key rate in September by 50 basis ... States indicating markets there were also set to plunge when they opened. In Hong Kong the Hang Seng index finished 3.1 percent lower and Australia's ASX 200 finished down almost 2 ... ( read original story ...)
Dollar extends Trump rally, hovers at 3-1/2-month high versus yen
Hong Kong's Hang Seng index lost 1.3 percent to 22,538.51 and South ... Singapore Treasury Division at Mizuho Bank, referring to President Obama's health care program". "Investors are now thinking that things aren't going to be as bad as what they had ... ( read original story ...)
Trump fear fans dollar rally as emerging markets sink
The election result tremors were also felt across South Korea and Hong Kong as the Kospi plunged 3.27%, while Hang Seng knocked down 3.57%. Cash streaming into safe haven stocks, gold and currencies such as the yen was initially sent by his success. ( read original story ...)
US Election 2016: Asia markets bounce back after Trump win
Japan's Nikkei 225 index soared 6.7%, more than recovering losses from the previous session. Hong Kong's Hang Seng index added 2.1% with Australia's ASX index up 3.3%. Traders had expected Hillary Clinton to beat Mr Trump to become the next US president. ( read original story ...)