Tag: banking

Hong Kong’s benchmark equity index may jump to the highest level since early 2021, after investors are back in force following the Lunar New Year holidays, according to long-time market veteran Hao ...

Story continues The drop in Hibor was from “a very high base, exacerbating the steepness of it,” said Kelvin Lau, senior economist at Standard Chartered Bank (HK) Ltd. in Hong Kong. Back in December, ...

Hong Kong shares ended higher on Friday, with investors positioning for a strong opening for the mainland China markets after the Lunar New Year break.

The 15.6 per cent decline in the lived-in home price index last year was the biggest since a 32.5 per cent plunge during the Asian financial crisis in 1998 The index fell for a seventh month in ...

Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across trading ...

slipped as Hong Kong home prices dropped 15.6% in 2022, snapping 13 years of gain. ** The sub-index of the Hang Seng tracking energy shares rose 0.7%, while the IT sector added 0.47%, the financial ...

That’s the highest reading for HSBC’s Hong Kong-listed shares in Bloomberg data going back to 1986, and puts the stock’s RSI atop the 76-member Hang Seng Index.

Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the first annual drop since 2008, official data showed on Friday. Prices in the Asian ...

Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across ...

In recent days, leaked photos of car moldings related to Xiaomi's electric-vehicle plans have been circulated by users of Chinese social-media website Weibo.

Hong Kong's stocks and gold went up on Thursday, with the benchmark Hang Seng Index rose 341.72 points to open at 22,386.37 points, while gold fetched 18,088 Hong Kong dollars (about 2,319 U.S.

Leading companies in the world of virtual assets and Web3 set an optimistic mood for the industry, including New Huo Tech with its annual report showing virtual assets accounting for 95 per cent of ...

But rising interest rates and ongoing geopolitical tensions threaten growth. Hong Kong’s credit and charge card payments market will be valued $106.7b (HK$831.9b) by 2026, according to a report by ...

What is the outlook of the Hang Seng index as the golden cross pattern nears formation? We explain what to expect.