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Tag: finance

Posted on 27/09/2024

China, Hong Kong stock sees record gains in Asia markets on stimulus impact; eyes on U.S. PCE report

Asia-Pacific markets trade higher on Friday as China stocks set for best week since 2008 and Hong Kong’s Hang Seng Index is set for a weekly gain of almost 13%, marking its best week since 1998, while ...

Posted on 27/09/2024

HSBC enhances Premier offering for mass affluent

HSBC is expanding the features of its Premier offering for mass-affluent customers worldwide, focusing on the key areas of wealth, health, travel and international needs.

Posted on 27/09/2024

Hong Kong could regain top 3 IPO ranking by year-end after jumping to fifth in September

Hong Kong could potentially climb back into the top three among global initial public offering (IPO) markets by the end of the year, as analysts believe the recent bull run is set to attract some ...

Posted on 27/09/2024

Hong Kong could regain top 3 IPO ranking by year-end after jumping to 5th in September

IPOs in the city reached US$7.14 billion in the first nine months, exceeding last year’s total of US$5.9 billion, LSEG data shows.

Posted on 27/09/2024

Hong Kong Stocks End More Than 3% Higher On China Stimulus

Hong Kong stocks soared more than three percent Friday, capping its best week since the global financial crisis, fuelled by a series of Chinese measures this week aimed at kickstarting the economy.

Posted on 27/09/2024

《AI》BOC HONG KONG(02388.HK) Displays Technical Pattern of Cup-With-A-Handle

BOC HONG KONG(02388.HK) shows a Cup-With-A-Handle breakout. Last printed at 23.650; rose 0.638%; on volume of 5.01M shares and turnover of $117.58MRecent PerformanceIn 3 days: +1.0... Disclaimer:The ...

Posted on 27/09/2024

Hong Kong will never be ‘just another Chinese city’, finance chief Paul Chan tells UK officials

Financial secretary meets UK economic and central bank officials in second post-pandemic trip to country, first under Labour government Financial Secretary Paul Chan Mo-po has told British economic ...

Posted on 27/09/2024

Jefferies Remains a Sell on Hang Seng Bank (HSNGF)

Jefferies analyst Sam Wong maintained a Sell rating on Hang Seng Bank (HSNGF – Research Report) yesterday and set a price target of ...

Posted on 27/09/2024

HSBC Completes Issuance of HK’s First Private Digital Bond Totaling $1B

HSBC announced the successful issuance of the first HKD-denominated senior unsecured fixed-rate digital native bond, totaling $1 billion. HSBC stated that it acted as the sole global coordinator, sole ...

Posted on 27/09/2024

Hong Kong stocks up 7.3% in 3 days as stimulus rally carries on

Limiting gains, local developers retreated after New World Development’s shares were suspended amid CEO report, imminent results.

Posted on 27/09/2024

Hong Kong police launch lucky draws with HK$3 million in prizes to boost Scameter app downloads

Electric vehicle among prizes up for grabs, as force looks to encourage anti-scam app downloads to combat surge in fraud cases Hong Kong police will launch lucky draws with HK$3 million (US$385,311) ...

Posted on 27/09/2024

Black Spade Acquisition II Co Announces Closing of Partial Exercise of IPO Over-Allotment Option

Black Spade Acquisition II Co (the "Company") (NASDAQ: BSIIU), a special purpose acquisition company ("SPAC"), today announced that the underwriters of its previously announced initial public offering ...

Posted on 27/09/2024

Hong Kong’s New World Development CEO resigns, shares to resume Friday

The chief executive of Hong Kong's New World Development , Adrian Cheng, the third-generation scion of the firm's founding family, has resigned and will be replaced by its chief operating officer, the ...

Posted on 27/09/2024

Hong Kong stocks soar to 14-month high in stimulus rally as Xi Jinping vows more support

The Hang Seng Index jumped 4.2 per cent to 19,924.58 on Thursday, the highest level since August last year. The Tech Index surged 7.3 per cent, while the Shanghai Composite Index added 3.1 per cent to ...

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