When Allan Au didn’t post his Wordle score on Facebook one morning this month, his friends began to worry. For Au, a longtime journalist and media trainer in Hong Kong, the ritual was less about ... ( read original story ...)
Zacks Investment Research Upgrades Hang Seng Bank (OTCMKTS:HSNGY) to “Hold”
Hang Seng Bank (OTCMKTS:HSNGY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com ... ( read original story ...)
Hong Kong Stock Market Expected To Hand Back Tuesday’s Gains
The Hong Kong stock market on Tuesday ended the five-day losing streak in which it had plummeted almost 1,650 points or 7.8 percent. The Hang Seng now rests just above the 19,930-point plateau ... ( read original story ...)
Hong Kong stocks slide on concerns Covid lockdowns to put China behind the curve in arresting economic slump
Stocks revisit March 15's low as China's go-slow approach on policy easing could leave policy makers behind the curve in arresting economic losses HSBC, BYD Co and Alibaba lead losses while an ... ( read original story ...)
Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions
More expats may leave with their families when the school year ends mid-2022. Hong Kong is increasingly becoming a less desirable place to work for expatriates and even for local talent, hampered by ... ( read original story ...)
HKEX’s Profit Set to Dip Most Since 2016 as IPOs, Tradings Slump
Hong Kong’s stock exchange is expected to post its biggest quarterly loss in more than five years due to a prolonged slowdown in initial public offerings and plunging stock turnover. ( read original story ...)
How John Lee can boost Hong Kong by unlocking its potential in finance, technology and art
To restore Hong Kong's global standing, Lee could do worse than taking his cues from China's five-year plan, which sets out a vision for developing the city into a hub for innovation and cultural ... ( read original story ...)
Hong Kong’s Retail Green Bond receives enthusiastic response from small investors on first day of sale
Investors can subscribe to the three-year, 2.5 per cent bond in minimum lots of HK$10,000 (US$1,275) online from many of the city's banks until 2pm on May 6 An initial tranche of HK$15 billion has ... ( read original story ...)
Stock Markets In China And Hong Kong Dive, Yuan Slides, Crude Oil Drops On Confidence Crisis In China
The Shanghai Composite and Hang Seng fall to where they'd first been in 2007 during the run-up of the bubble. Click here to know ... ( read original story ...)
HSBC puts 2022 buyback ambitions on ice as inflation accelerates
HSBC has shelved plans for new stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as a cocktail of rising inflation, geopolitical tensions and economic weakness ... ( read original story ...)
Shanghai lockdown forces Hong Kong manufacturers to cope with higher costs, delays and backlogs
Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’. ( read original story ...)
HSBC profits hit by Hong Kong lockdown and loss provisions for inflation
Although the Russia-Ukraine war has exacerbated inflationary pressures and increased economic uncertainty, the bank sees an improved ... ( read original story ...)
Email scammers cheat Germany-based tech company’s Hong Kong branch out of HK$11.36 million
Swindler impersonating boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. ( read original story ...)
IPO Drought Places HKEX Among World’s Worst-Performing Bourses
Hong Kong Exchanges & Clearing Ltd. is among the worst-performing listed bourses worldwide this year as China’s extended corporate clampdown and pandemic-related woes have caused large initial public ... ( read original story ...)