Short covering may have driven outsized gains in Hong Kong stocks on Tuesday after China’s central bank unveiled a broad package of monetary stimulus measures, according to JPMorgan Chase & Co.
Klook: Bookings for Some Local Tourism Products Drop; Firm Always Plans for IPO Without Definite Timetable
In addition, a media asked about Klook's intention to list in Hong Kong. Sham said that the Company has always been interested in listing, and a team is planning for the listing. However, there is no ...
Chinese AI firm Chongqing Terminus Smart Technology files papers for Hong Kong IPO
Chongqing Terminus Smart Technology, a Chinese AI company, joined a growing list of companies seeking to launch their IPOs in Hong Kong.
Hong Kong stocks lead global surge on reports of more China stimulus measures
Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally received further propulsion ...
There is no quick recovery from Hong Kong’s property slump
Hong Kong’s own succession drama is unfolding at a pivotal moment for the city’s property sector. Shares of New World Development, the developer owned by the billionaire Cheng family, were suspended ...
Hong Kong dethrones Singapore as Asia-Pacific’s top financial center
Hong Kong has surpassed Singapore to become the top financial center in the Asia-Pacific region and one of the top three globally, according to a new report.
Tuition fees rise by 4.8% in Hong Kong’s semi-private schools amid operational cost hikes
Hong Kong’s semi-private schools have been given the green light to increase tuition fees by about 4.8 per cent on average, the most in five years. Fees on average will increase by 5.36 per cent at ...
Hong Kong launches second phase of CBDC pilot
Hong Kong’s de facto central bank has begun the second phase of its digital currency pilot scheme. The Hong Kong Monetary Authority (HKMA) said on September 23 that it had selected more than 20 firms ...
China Market Update: The Policy Dragon Awakens As Mainland China & Hong Kong Rally
Hong Kong and Mainland China opened higher after yesterday’s monetary policy bazooka. Still, they faded across the trading day, though both managed to post gains, especially the latter, on very higher ...
Recent Price Trend in BOC Hong Kong (BHKLY) is Your Friend, Here’s Why
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability ...
Global financial hubs London, New York, Hong Kong face decline as emerging Asian cities surge
The global financial landscape is undergoing a seismic shift, with traditional powerhouses such as London, New York, and Hong Kong facing mounting challenges. A recent report by the Global Financial ...
Hong Kong beats Singapore to be Asia’s top financial centre: Survey
Globally, Hong Kong ranked third behind New York and London, with Singapore and San Francisco rounding off the top five ...
Hong Kong-Spain: Unlocking Boundless Opportunities, Partnering for Success
Starting in Spain, a delegation led by Hong Kong's Financial Secretary Paul Chan, is visiting Madrid (September 22-25, 2024) and London (September 25-28, 2024) to promote Hong Kong's advantages, in ...
Shanghai, Shenzhen, Hong Kong Rank Among Globe’s Top Ten Financial Hubs, Report Says
Only two of China’s 12 financial centers scored higher in the index. But four Chinese financial hubs climbed up the rankings. In addition to Shenzhen and Hong Kong, Chengdu advanced four places and ...