The Hong Kong stock market has finished lower in two straight sessions, plummeting more than 1,350 points or 6.7 percent along the ... ( read original story ...)
Hong Kong’s Hang Seng index drops 2%, recovering from earlier tumble; oil prices drop 5%
Shares in China lagged in Asia-Pacific on Tuesday, though some losses were pared following the release of Chinese economic data that was far above expectations. ( read original story ...)
Hong Kong Dollar Faces Pressure to Drop as Fed Rate Hike Nears
The Hong Kong dollar is coming under pressure to fall further as its interest-rate gap with the U.S. widens ahead of an expected Federal Reserve rate hike and as the city endures its worst Covid ... ( read original story ...)
Green Tea Group Looks for Room at the Listing Table With Hong Kong IPO
Popular restaurant operator Green Tea Group has been approved for a Hong Kong listing The company plans to raise $150 million, which it will spend to open ... ( read original story ...)
China’s wealthiest drop $71 billion in a day as stocks plunge
China's stock rout cost the nation's richest tycoons more than US$52 billion (S$71 billion) on Monday (March 14). . Read more at straitstimes.com. ( read original story ...)
Hong Kong leader says no plans to tighten COVID-19 social distancing measures
Hong Kong leader Carrie Lam said on Monday (Mar 14) there were no current plans to further tighten strict social distancing measures as authorities battle to contain a deepening coronavirus outbreak ... ( read original story ...)
Panic selling grips Chinese stocks in biggest plunge since 2008
Concerns over Beijing's close relationship with Russia and renewed regulatory risks sparked panic selling of Chinese stocks. ( read original story ...)
Coronavirus: Hong Kong should learn from Shenzhen’s ‘organised’ lockdown using clear and swift dissemination of information, observers urge
City leader Carrie Lam rebuts direct comparison between Hong Kong and Shenzhen, cites differences in systems, resources and manpower mobilisation Shenzhen residents in week-long lockdown have to stay ... ( read original story ...)
World shares mixed, Hong Kong index dives 5.4%
World shares are mixed while Hong Kong's Hang Seng index has plunged 5% after the neighboring city of Shenzhen was ordered into a shutdown to combat China's worst COVID-19 outbreak in two years ... ( read original story ...)
Aquila launches HK’s debut Spac IPO
Hong Kong is hosting its first listing of a special purpose acquisition company, with Aquila Acquisition Corp, a CMB International-backed Spac, kicked off bookbuilding on Monday. Aquila is aiming to ... ( read original story ...)
Panic Selling Grips China Tech Stocks Again as Concerns Pile Up
The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory ... ( read original story ...)
PRAN-RFL receives HSBC Business Excellence awards
Pran-RFL Group, country’s one of the largest conglomerates, received the 2nd HSBC Business Excellence Awards for its role in ... ( read original story ...)
Hong Kong shares dive 5.4% as China shuts down Shenzhen
Hong Kong’s share index plunged 5.4% on Monday after the neighboring Chinese city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in ... ( read original story ...)
Hong Kong’s Hang Seng index drops 3% in mixed Asia trading; oil prices fall almost 3%
Shares in Asia-Pacific were mixed in Monday morning trade. Investors continued to monitor developments around the Russia-Ukraine war and Covid wave in China, both of which threaten to further disrupt ... ( read original story ...)