Bank of America on Tuesday announced job cuts of around 20 bankers in Asia, three sources with knowledge of the matter said, as plunging markets in China and Hong Kong weighed on deal prospects. The ...
India overtakes Hong Kong as world’s fourth-largest stock market by market capitalisation
The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg.
Owner of grilled fish restaurant chain Tanyu mulling over Hong Kong IPO, sources say
Tanyu has grown rapidly in recent years and now operates more than 260 outlets, including seven in Singapore. Read more at straitstimes.com.
No abnormalities in Hong Kong’s market, leader John Lee says after Hang Seng Index nears 15-month low
Hong Kong remained a competitive and attractive international financial centre with free capital flow and a high degree of transparency, the city’s leader said on Tuesday at a weekly press briefing in ...
Hong Kong Rebound May Not Last Even if Stimulus Hits
Hong Kong stocks rebounded on hopes that a rescue package from ... A representative of the Chinese Finance Ministry declined to comment about potential stimulus measures when contacted by Dow Jones ...
GF Securities (Hong Kong) Leads Digitalization by Launching Tokenized Bond Using ABT’s Advanced RWA Tokenization Platform
HONG KONG, Jan. 23, 2024 /PRNewswire/ -- GF Securities (Hong Kong) achieves an inflective milestone by successfully issuing fully digitized bonds, becoming one of the pioneering financial institutions ...
Bank of America cuts 20 in Asia, China investment bankers affected most – sources
Bank of America on Tuesday announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024 as China and Hong Kong ...
India Tops Hong Kong as World’s Fourth-Largest Stock Market
India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours ...
Yuan Funding Costs Jump in Hong Kong Amid Signs of Cash Squeeze
The cost to borrow the yuan in Hong Kong rose to the highest in almost two years, signaling its scarcity in the city — and reminding traders of a currency-strengthening tactic once employed by Beijing ...
Hong Kong stocks rebound from 15-month low as China’s Premier Li Qiang signals measures to halt US$1 trillion market rout
Stocks in Hong Kong rose by the most in two months after a US$1 trillion slump in market value this month prompted Premier Li Qiang to call for “forceful” measures to stabilise prices and calm ...
India overtakes Hong Kong to become world’s fourth largest stock market
According to data from Bloomberg, the total value of shares listed on Indian exchanges reached an impressive $4.33 trillion as of the close of Monday's trading session, surpassing Hong Kong's market ...
Hong Kong stock market weighed down by international sentiment but still operating ‘in line with expectations’, John Lee says
Hong Kong’s stock market performance has been weighed down by ... Lee said the city remained an international financial centre, full of competitiveness and appeal. He added it was benefiting from the ...
Hong Kong stocks jump 3%, Bank of Japan expected to keep its policy unchanged
The Bank of Japan is expected to hold its negative interest rate policy and yield curve control at this meeting.
Hong Kong stocks at 36% discount show true depth of China’s gloomy outlook
The Hang Seng China Enterprises Index fell 2.4%, inching closer to a level last seen almost two decades ago, while the onshore benchmark CSI 300 Index finished 1.6% lower ...