Technology and China-related shares led the decline. Hong Kong shares had logged strong gains over the past week while markets ...
Here’s why the Hang Seng index has suffered a harsh reversal
The Hang Seng index suffered a harsh reversal on Tuesday after the World Bank issued a major warning about the Chinese economy. The index, which tracks the biggest companies in Hong Kong and Mainland ...
‘SAR to optimise mutual access measures with mainland’
Chief Executive John Lee has vowed to work with authorities across the border to enhance measures facilitating mutual access between financial ...
Hong Kong to license more crypto exchanges by end of year
Hong Kong’s financial regulator, the Securities Futures Commission, says it expects to issue more licenses to crypto exchanges and digital asset firms operating in the region by the end of the year.
Hong Kong’s voice needs to be heard
Fireworks celebrating the 75th anniversary of the founding of the People's Republic of China illuminate the sky over Victoria Harbour in Hong Kong, Oct 1, 2024. [Photo/Xinhua] The resolution of the ...
Banks Tap Hong Kong’s Discount Window for Most Funds Since 2019
Hong Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity.
Irene Lee
Irene Lee is the executive chairman of Hysan Development, a century-old Hong Kong property developer with roots that stretch back to the early 20th century. She also sits on Hang Seng Bank's board as ...
Hong Kong and Japan shares rally after U.S. jobs report
Hong Kong shares jumped again, rising 1.60% the day before mainland China markets reopen. Beijing said it would explain the details of its economic stimulus plans at a Tuesday morning news conference.
HSBC economist: Bangladesh economy to rebound over the coming year
Limited in Bangladesh held an economic outlook webinar titled “Navigating Bangladesh’s Crossroads” highlighting the latest global and Asian market developments and sharing perspectives on ...
HKMA seeks bank sharing of personal account information in war against financial crime
HKMA will submit a bill that would allow banks to share information among themselves on personal accounts that raise red flags.
Pictet HK’s Holding in China Construction Bank Rises to 8.3%
Pictet Asset Management Hong Kong Ltd.’s holding in China Construction Bank shares was raised to 8.32% on Oct. 3 from 0.01%, according to a Hong Kong Exchange disclosure.
Hong Kong’s Hang Seng Index hits 32-month high as Citi, Goldman back Chinese stocks
The bank has raised its target for Hang Seng Index by 24 ... implying a 15 to 18 per cent return. Hong Kong’s benchmark Hang Seng Index has rallied more than 24 per cent since China unleashed its ...
Hong Kong stock market continues to rally, rising 1.15% on Monday morning
VCG. The Hong Kong stock market extended its three-week rally on Monday, reaching a two-and-a-half-year high in the morning session, buoyed by the lates ...
HSBC sees 6 US rate cuts until June 2025 in boon for Hong Kong’s economy and investments
Lower rates will benefit the city's economic recovery, but there has been no immediate increase in demand for loans, HSBC Hong Kong CEO Luanne Lim says HSBC, the city's biggest lender, expects six ...