Tag: finance

The Panama Papers leak also drew attention to how wealthy individuals use offshore companies, many of them structured by intermediaries based in Hong Kong, to conceal assets. The global anti-money laundering body, the Financial Action Task Force (FATF), is ... ( read original story ...)

Hong Kong's de facto central bank is developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel on Financial Affair this week and dated 18th April. According to the note, the ... ( read original story ...)

New York has displaced Hong Kong as the world’s top destination for initial public offerings (IPOs) of stock during the first three months of 2017. A lack of major stock offerings sent Hong Kong—the main Stock Exchange of Hong Kong (HKEX) and the ... ( read original story ...)

HONG KONG: Hong Kong stocks opened slightly higher Monday, though gains were tempered by a below-forecast US jobs report last week with uncertainty fuelled by the US missile attack on Syria. The Hang Seng Index edged up 0.14 per cent, or 34.71 points ... ( read original story ...)

April 10 Hong Kong stocks barely changed on Monday, with market turnover the lowest in two months as investors were reluctant to place bets amid concerns about growing geopolitical risks over Syria and North Korea. The benchmark Hang Seng index was almost ... ( read original story ...)

Hong Kong stocks finished slightly weaker on Monday ... a move analysts say might provoke Pyongyang. The Hang Seng Index bounced between gains and losses during the day, before closing down 5.12 points, less than 0.1 per cent, at 24,262.18. ( read original story ...)

Hong Kong stocks closed down 5.12 points, or 0.02 percent to 24,262.18 points on Monday. The benchmark Hang Seng Index traded between 24,215.54 and 24,314.66. Turnover totaled 65.104 billion Hong Kong dollars (about 8.389 billion U.S. dollars). ( read original story ...)

Overseas, Tokyo’s Nikkei gained 0.7 per cent, while Hong Kong’s Hang Seng dipped slightly and the Shanghai composite ... Traders will be looking ahead to the Bank of Canada rate decision and release of the central bank’s latest monetary policy ... ( read original story ...)

On Wednesday, the Bank of Canada (BoC) publishes its monetary policy ... Elsewhere, the Aussie S&P/ASX 200 Index added +0.9%. In Hong Kong, the Hang Seng index fell -0.1%, while China’s Shanghai Composite slipped -0.5%. In South Korea, the Kospi index ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares were flat after ... senior strategist at South China Financial Group. "For the Hang Seng Index to break out of its range, a lot will depend on U.S. data and how markets perform." The Shanghai Composite slipped ... ( read original story ...)

Hong Kong's Hang Seng was up 0.06 percent while Japan's Nikkei gained 0.65 percent in early trade today. China's Shanghai Composite shed 0.28 percent. The US Dow Jones Industrial Average ended 0.03 percent lower on Friday. ( read original story ...)

Fiji beat South Africa 22-0 at the Cathay Pacific / HSBC Hong Kong Sevens to claim their first tournament victory of the 2016-17 series. The Olympic champions scored four tries in the final as a weekend of pulsating rugby came to a thrilling close on Sunday. ( read original story ...)

As the seventh round of the HSBC World Rugby Sevens Series approaches in Hong Kong, we pick out a few stars that could shine bright over the three days. Returning after missing both Las Vegas and Vancouver, Veremalua has hands like frying pans and is one ... ( read original story ...)

China's second most profitable brokerage company, Guotai Junan, allocated the institutional tranche of its Hong Kong initial public offering on Monday after attracting the kind of balanced order book syndicate bankers had almost give up on. Bankers ... ( read original story ...)