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Tag: finance

Posted on 07/04/2025

ADC start­up Du­al­i­ty­Bio seeks Hong Kong IPO amid pre­car­i­ous mar­ket

Multi-partnered ADC startup Duality Biologics is moving forward with its initial public offering plans on the Hong Kong Stock Exchange.

Posted on 07/04/2025

Hong Kong stock market plunges most since ’97 crisis amid tariffs panic

Hong Kong’s stock market has suffered its steepest single-day decline in nearly three decades amid a wave of panic selling brought on by United States President Donald Trump’s tariff announcements.

Posted on 07/04/2025

Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis

The Hang Seng Index ended down 13.22 percent, or 3,021.51 points, to 19,828.30 -- its heftiest drop since 1997 during the Asian financial crisis -- while the Shanghai Composite Index shed 7.34 percent ...

Posted on 07/04/2025

Global Recession Scares: Hang Seng Index Plunges Over 11%, Yuan Slips, Bonds Rally as China Responds to U.S. Tariffs

Global stock markets experienced a severe downturn following President Trump's tariff announcement. Hong Kong's Hang Seng index plummeted more than 11%, potentially signalling its largest drop since ...

Posted on 07/04/2025

Hang Seng leads Asia rout as futures show heavy losses for European bourses

The Asia trading day is in the final stretch and it's looking very grim as the Trump tariff turmoil continues to roil global markets. Hong Kong's Hang Seng is down 10.7% to a two-month low, Japan's ...

Posted on 07/04/2025

Health Headlines: Texas Probes Kellogg, Hong Kong IPO, Measles Tragedy

Current health news highlights include Texas investigating Kellogg for misleading health claims, a $200 million IPO by Duality Biotherapeutics in Hong Kong, and a Texas measles outbreak claiming a ...

Posted on 07/04/2025

Hong Kong, Taipei on Track for Historic Losses

There is no place to hide in Asia, with all major stock markets getting hammered as of early Monday afternoon trading. Worst-hit is Hong Kong’s Hang Seng index, down around 11% and on track for its ...

Posted on 07/04/2025

China’s Duality Biotherapeutics tests market appetite with up to $200 million Hong Kong IPO

SYDNEY (Reuters) -Chinese biotech firm Duality Biotherapeutics launched an initial public offering (IPO) of up to HK$1.56 billion ($200.7 million) on Monday in Hong Kong, testing investor appetite ...

Posted on 07/04/2025

China stocks sink on trade war fears; Hong Kong dives 10%

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession. Hong Kong's Hang Seng index ...

Posted on 07/04/2025

China stocks crash, Hong Kong dives 10% in worst plunge since 2008 as tariff fallout spreads

Hong Kong and Chinese stock markets plunged on Monday due to escalating global trade tensions and recession fears. The Hang Seng index dropped over 10%, with significant declines in banking stocks ...

Posted on 07/04/2025

Hong Kong’s Hang Seng Index closes 1.52 pct lower

HONG KONG, April 3 (Xinhua) -- Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 1.52 percent to close at 22,849.81 points. The Hang Seng China Enterprises ...

Posted on 06/04/2025

Hong Kong Financial Chief says tariffs a threat to global trade

US tariffs undermine international trade and will ultimately hurt Americans, Hong Kong Financial Secretary Paul Chan said in a blog post Sunday. There are no winners in trade wars, Chan wrote, adding ...

Posted on 06/04/2025

US tariffs to have short-term impact on Hong Kong, finance chief Paul Chan says

Tariffs imposed by the US will inevitably have a short-term impact on Hong Kong as an international trading hub, the city's finance chief said, as he vowed to prepare for the worst and take action to ...

Posted on 06/04/2025

Hong Kong’s Hang Seng Index closes 0.38 pct higher

HONG KONG, April 1 (Xinhua) -- Hong Kong stock market ended higher on Tuesday with the benchmark Hang Seng Index up 0.38 percent to close at 23,206.84 points. The Hang Seng China Enterprises Index ...

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