Asian equities ended a strong week with a nice upward move led by growth and technology stocks following Applied Materials’ financial results, released after the close in the US yesterday.
Hong Kong’s Hang Seng Index to stay unchanged after review
THERE will be no additions or subtractions to Hong Kong’s Hang Seng Index following its latest quarterly review, according to a statement. Read more at The Business Times.
Hong Kong authorities arrest seven in $1.8 bln money laundering case
Hong Kong authorities said on Friday they had arrested seven people suspected of being involved in a $1.8 billion money laundering case, the largest ever in the financial hub.
Hong Kong stocks rise, China markets reopen next week after Lunar New Year break
Hong Kong stocks rose on Friday, on track for the third straight session of gain, with investors accumulating shares ahead of the reopening of China markets next week after the week-long Lunar New ...
Hong Kong stocks rally as some global funds turn bullish on Chinese tech leaders while Kuaishou, Xpeng, Swire gain on index bets
Local stocks jump for a third day as the Year of the Dragon lives up to its early promise. Some hedge funds have turned bullish on Chinese tech leaders. Kuaishou, Xpeng, Swire Properties may join the ...
Hong Kong’s accounting watchdog ready to flex regulatory muscle after accumulating all disciplinary roles, chairman says
Accounting and Financial Reporting Council has handled a substantially higher volume of complaints and investigations over the past five years since it gained more power, chairman says Ready to show ...
{Block Trade}BOC HONG KONG: 3.46m shares, or HK$66.02m
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HSBC arranges H2H integration for Hirdaramani Group
The Hongkong and Shanghai Banking Corporation Limited and Hirdaramani Group in Chattogram, Bangladesh have recently signed an agreement to offer Host to Host payments solutions for Hirdaramani Group ...
Finance leader defends Hong Kong stock market after US economist claims it is ‘over’
The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong ...
Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, intervention
Stocks struggle to sustain a winning start to the Year of the Dragon as fresh economic challenges emerge. Funds are in no rush to chase Chinese equities despite Beijing’s recent intervention, a Bank ...
FWD mulls options for US$10 billion insurer after IPO delay: sources
FWD Group Holdings, the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to ...
Hong Kong’s West Kowloon arts hub to run out of funds in 2025, CEO warns as gov’t urged to approve finance plan
Hong Kong’s West Kowloon Cultural District will use up its financial reserves next year, the head of the authority overseeing the arts hub has said as she urged the government to approve a plan ...
Hong Kong Shares Tipped To Open In The Green On Thursday
The Hong Kong stock market returned from the Lunar New Year break on Wednesday by snapping the three-session losing streak in which ...
Developer China South City stock sinks 37% to record low in Hong Kong after warning of multiple bond defaults
The Shenzhen-based developer slumped 37 per cent to close at the lowest level since its 2009 listing as the market resumed trading after the Lunar New Year break, extending a slump in the past year to ...