Profit-Taking Expected For Hong Kong Stock Market

Hong Kong & China Gas added 0.79 percent, Li & Fung gained 0.71 percent, New World Development picked up 0.53 percent, Ping An Insurance collected 0.49 percent, Industrial and Commercial Bank of China was up 0.48 percent and China Life and BOC Hong Kong ... ( read original story ...)

Lower Open Called For Hong Kong Stock Market

Hong Kong & China Gas gained 0.53 percent, BOC Hong Kong collected 0.52 percent, Ping An lost 0.37 percent, Li & Fung fell 0.24 percent, New World Development and CNOOC both dipped 0.18, Kunlun Energy advanced 0.12 percent and Belle International and ... ( read original story ...)

Scraping the sky

For the Pei family, BOC Tower continues to be a significant project nearly 40 years after its completion. "The only other project that was built in Hong Kong was an office tower in Causeway Bay called Sunning Plaza - it was recently demolished," notes ... ( read original story ...)

Hang Seng closes nearly 1pc higher

Stocks in Hong Kong rallied today. The benchmark Hang Seng Index rose 0.90 percent, or 266.05 points, at 29,863.71. In mainland China, the Shanghai Composite Index climbed 0.63 percent, or 20.60 points, at 3,296.38 while the Shenzhen Composite Index added ... ( read original story ...)

Hang Seng opens 0.3pc higher

Stocks in Hong Kong advanced at the open today. The blue-chip Hang Seng Index rose 0.29 percent, or 87.13 points, at 29,684.79. In mainland, the Shanghai Composite Index eased 0.11 percent to open at 3,272.29 points.... Stocks in Hong Kong advanced at the ... ( read original story ...)

Hong Kong Prepares Real-Time Retail Payment System

Hong Kong is preparing to launch a real-time retail payment service in September, the head of the city’s de facto central bank said. The service, officially called Faster Payment System (FPS) and currently in use in the U.K., enables real-time or near ... ( read original story ...)

Mainland bourses behind Asia’s lead in global IPO boom

Lacking blockbuster deals like the Postal Savings Bank of China last year, Hong Kong slipped from being the world's top listing destination for the last two years to second in Asia, and fourth globally in 2017. Although the city continued to see its IPO ... ( read original story ...)