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Tag: finance

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 ...

Posted on 06/04/2025

Short Interest in Hang Seng Bank Limited (OTCMKTS:HSNGY) Increases By 150.0%

Hang Seng Bank has a 52 week low of $10.88 and a ... and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal ...

Posted on 06/04/2025

Hong Kong stocks retreat to 4-week low as Trump’s reciprocal tariffs draw near

Hong Kong stocks slid to a four-week low on Monday as investor worries about US President Donald Trump’s reciprocal tariffs outweighed the positive impacts of an official report showing an expansion ...

Posted on 05/04/2025

Hong Kong has no plans to hit back at US tariffs on Chinese goods, Paul Chan says

Hong Kong has no plans to retaliate against the latest 34 per cent tariff the US has slapped on Chinese goods even though the city strongly opposes the measure, the finance minister has said, ...

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