Deloitte maintained its forecast of 80 IPOs and $60-80 billion in capital raised in Hong Kong for this year. Edward Au, Deloitte China Southern Region Managing Partner, said that 4-5 IPOs are still in ...
Hong Kong dethrones Singapore to emerge as Asia’s top financial centre
Hong Kong is back as Asia's top financial centre, dethroning Singapore to gain the spot for the first time in two years.
Asia-Pacific markets largely range-bound; Hong Kong’s Hang Seng jumps more than 2%
Hong Kong's Hang Seng index extended its rally and climbed 2.6% on the back of stimulus measures from China. Australia's consumer price index posted a 2.7% rise year on year in August, in line with ...
Hong Kong climbs to third in global financial centres index, tops Asia-Pacific region
Hong Kong advanced to third place in the latest Global Financial Centres Index, up one spot from its previous ranking, reaffirming its position as a leading global financial hub.
Asia-Pacific markets rangebound; Hong Kong’s Hang Seng poised to rise 4% at open
Futures for Hong Kong's Hang Seng Index signal a 4% rise for the index at open. HSI futures were at 19,763, compared to the index's last close of 19,000. Investors will also be watching Australia's ...
China, Hong Kong stocks jump as aggressive stimulus boosts sentiment
China and Hong Kong stocks rallied broadly for a second day on Wednesday as investors basked in the afterglow of a wide-ranging stimulus package announced in the previous day. In early trade, China's ...
HSBC to extend US$641 million in pre-approved loans to aid Hong Kong SMEs
Initiative aims to ease access to capital for entrepreneurs who are looking to invest at the beginning of a rate-cut cycle.
Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%
Investors in Asia will look toward Australia's inflation rate for August, which is expected to ease to 2.7% from 3.5%.
China Market Update: Monetary Policy Bazooka Unleashed
At 9 a.m., the People's Bank of China (PBOC) Governor Pan Gongsheng led a press conference along with China Securities Regulatory Commission (CSRC) Chairman Wu Qing and State Administration for ...
Property stocks in Hong Kong rally on mortgage stimulus
Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.
Hong Kong stocks leap by most in 18 months after China unveils stimulus package
The governor of the central bank said it will also reduce the down payment ratio and cut mortgage rates to support the property market.
China’s NDRC urges firms to use Hong Kong for financing local projects, overseas plans
Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Hong Kong overtakes Singapore as Asia’s top financial centre, influential ranking shows
Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b ...