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Tag: finance

Posted on 23/07/2024

Hong Kong business leaders look to Cambodia as change of guard signals more pro-trade approach

New prime minister Hun Manet expected to introduce 'aggressive' preferential policies to boost business and diversify economy Cambodia is gaining traction with top Hong Kong business executives ...

Posted on 23/07/2024

Hong Kong stockbrokers rush to get staff covered to work through typhoons, rainstorms

The insurance sector is busy helping Hong Kong’s 600 stockbrokers get their staff the coverage they require for working through typhoons and other savage weather when the rules change in September, ...

Posted on 23/07/2024

Exploring Dah Sing Banking Group And Two More Hidden Small Caps With Strong Financials

As global markets navigate through a landscape marked by shifting trade dynamics and a pronounced pivot towards small-cap and value stocks, the Hong Kong market presents unique opportunities for ...

Posted on 23/07/2024

HKX shelves plan to operate crypto business in Hong Kong

HKX has decided to shut down its operations in Hong Kong, joining a growing number of exchanges that have withdrawn their license applications ...

Posted on 23/07/2024

Hong Kong stocks gain as China’s rate cut lifts hopes of economic momentum

Hong Kong stocks advanced on Monday in volatile trade ... China’s 10-year government bonds rose after the People’s Bank of China (PBOC) lowered both a short-term policy interest rate and loan prime ...

Posted on 22/07/2024

China Market Update: The PBOC Cuts Rates In Advance Of Politburo Meeting

Asian equities were mostly lower following last week’s tough going though Hong Kong managed a gain. Thailand was closed for Asarnha Bucha Day, which is one of the most important events in the Buddhist ...

Posted on 22/07/2024

Hong Kong Launches Asia’s First Bitcoin Futures Inverse Product

Hong Kong is set to list the region’s first Bitcoin (CRYPTO: BTC) futures inverse product on Tuesday. What Happened: The CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK) will be traded on ...

Posted on 22/07/2024

Asia Deal Digest: A&G, A&O Lead on Billion Dollar JV Deals, Hong Kong IPOs Pick Up But Deal Values Remain Small

Two Singapore deals are some of the region's largest transactions in recent months. Allen & Gledhill and A&O Shearman are advising on both. In Singapore, A&O Shearman and Big Four Singapore firm Allen ...

Posted on 22/07/2024

Hong Kong will launch Asia’s first ever inverse Bitcoin ETF tomorrow

Tomorrow, the Hong Kong Stock Exchange (HKEX) will be launching Asia’s first inverse Bitcoin exchange-traded fund (ETF). This new ETF, the CSOP Bitcoin Futures Daily (-1x) Inverse Product, is designed ...

Posted on 22/07/2024

Hong Kong to get first bitcoin inverse investment product, adding to crypto ETFs

Hong Kong’s first bitcoin inverse investment product, which offers returns based on declines in the price of the world’s largest cryptocurrency token, debuts on the city’s stock exchange on Tuesday, ...

Posted on 22/07/2024

Hong Kong stocks edge up as China’s rate cut lifts hopes of economic momentum

Hong Kong stocks edged up on Monday, recouping earlier losses in volatile trade, as investors reacted to a surprise rate cut by China’s central bank while bracing for more uncertainty after US ...

Posted on 22/07/2024

Hong Kong jails 3 stock market manipulators for up to 80 months in landmark case

The manipulation scheme is “a sophisticated and intricate conspiracy”, which has caused losses to genuine market participants and damage to Hong Kong’s reputation as a global financial centre, Douglas ...

Posted on 22/07/2024

China rate cuts usher in next stimulus stage

HONG KONG, July 22 (Reuters Breakingviews) - For investors pondering how China's Third Plenum could revive the economy, the central bank has set the tone for what's to come. On Monday morning, the ...

Posted on 22/07/2024

Hong Kong court hands out longest jail time for market manipulation

HONG KONG - A Hong Kong court sentenced two defendants to six years and eight months of prison time for market manipulation, the longest ever handed out for such an offense in the financial hub, ...

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