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Tag: finance

Posted on 23/01/2024

India Tops Hong Kong as World’s Fourth-Largest Stock Market

India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours ...

Posted on 23/01/2024

Yuan Funding Costs Jump in Hong Kong Amid Signs of Cash Squeeze

The cost to borrow the yuan in Hong Kong rose to the highest in almost two years, signaling its scarcity in the city — and reminding traders of a currency-strengthening tactic once employed by Beijing ...

Posted on 23/01/2024

Hong Kong stocks rebound from 15-month low as China’s Premier Li Qiang signals measures to halt US$1 trillion market rout

Stocks in Hong Kong rose by the most in two months after a US$1 trillion slump in market value this month prompted Premier Li Qiang to call for “forceful” measures to stabilise prices and calm ...

Posted on 23/01/2024

India overtakes Hong Kong to become world’s fourth largest stock market

According to data from Bloomberg, the total value of shares listed on Indian exchanges reached an impressive $4.33 trillion as of the close of Monday's trading session, surpassing Hong Kong's market ...

Posted on 23/01/2024

Hong Kong stock market weighed down by international sentiment but still operating ‘in line with expectations’, John Lee says

Hong Kong’s stock market performance has been weighed down by ... Lee said the city remained an international financial centre, full of competitiveness and appeal. He added it was benefiting from the ...

Posted on 23/01/2024

Hong Kong stocks jump 3%, Bank of Japan expected to keep its policy unchanged

The Bank of Japan is expected to hold its negative interest rate policy and yield curve control at this meeting.

Posted on 23/01/2024

Hong Kong stocks at 36% discount show true depth of China’s gloomy outlook

The Hang Seng China Enterprises Index fell 2.4%, inching closer to a level last seen almost two decades ago, while the onshore benchmark CSI 300 Index finished 1.6% lower ...

Posted on 23/01/2024

AFC Asian Cup: Hong Kong’s army of fans spending thousands and flying across world to follow team’s historic journey

The 500 Hongkongers attending the city’s first continental finals since 1968 tell of roundabout routes to make the trip more affordable, including opting to stay in London between matches.

Posted on 22/01/2024

Hong Kong’s Paul Chan says he plans to adopt ‘balanced measures’ in budget to boost public confidence, economic vitality

Finance chief also says world economy in fragile state amid period of complex geopolitics, after returning from World Economic Forum in Davos 'When preparing for the new budget ... we will try our ...

Posted on 22/01/2024

Hong Kong crypto exchange OSL foresees issuance of first Spot Crypto ETFs by mid-year

Gary Tiu, the Executive Director and Head of Regulatory Affairs at OSL, a Hong Kong-licensed cryptocurrency exchange, has revealed that the special administrative region could potentially witness the ...

Posted on 22/01/2024

HSBC chair ‘confident’ on China investment, meets vice president – state media

BEIJING/HONG KONG, Jan 22 (Reuters) - China's Vice President Han Zheng on Monday met with HSBC (HSBA.L), opens new tab Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation ...

Posted on 22/01/2024

Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets

Hong Kong stocks slumped towards a 15-month low to pile on losses from a three-week rout, after China kept lending rates tied to mortgages unchanged, disappointing investors betting on measures to ...

Posted on 22/01/2024

Hong Kong stocks extend slide to approach 15-month low as China banks hold lending rates, snubbing easing bets

There is no respite for investors in the new week as Chinese lenders keep their key corporate loan rates unchanged, snubbing expectations for easing to help shore up the economy.

Posted on 21/01/2024

ELS crisis deepens as Hong Kong index sags further

Losses inflicted on Korean investors from derivatives tracking the Hang Seng China Enterprises Index are swelling even faster than expected, as the notorious Hong Kong index has dipped further ...

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