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Tag: finance

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, ...

Posted on 05/04/2025

Astonishing amount of beer downed in Hong Kong

Fears that the move across Victoria Harbour from Hong Kong Stadium to Kowloon would dampen rugby's biggest party were wide of the mark.

Posted on 04/04/2025

Hong Kong’s soon-to-open art-storage facility is another draw for family offices

The complex at Skytopia airport city will be ready this year or early next year and enhance Hong Kong's role as an art-trading centre ...

Posted on 04/04/2025

BOC HONG KONG Mounts 5% as Div. Payout Ratio Hikes to 55% w/ Quarterly Div. Proposed

BOC HONG KONG (02388.HK) was popular post-results, and opened 2.51% higher before its gains expanded today (27th). The stock last advanced 5.03% to $31.35, with 4.3227 million shares traded, involving ...

Posted on 04/04/2025

Hong Kong’s property spending spree in London is over – but it can return

Hong Kong's property spending spree in London is over - but it can return - Hong Kong investors put over £2bn worth of London commercial properties up for sale last year ...

Posted on 03/04/2025

Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press ...

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