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Tag: finance

Posted on 03/04/2024

CVC-linked investment unit sells 5% stake in Vietnam’s Asia Commercial Bank for $220 mln

HANOI/HONG KONG, April 2 (Reuters) - An investment vehicle linked to CVC Capital Partners has disposed of its entire 5% stake in Vietnam's fourth biggest non-state owned commercial lender, Asia ...

Posted on 03/04/2024

EMERGING MARKETS-Poland’s zloty lags CEE peers on dull manufacturing data, Hong Kong leads stocks’ higher

EM stocks up 0.7%, FX down 0.1% By Bansari Mayur Kamdar April 2 (Reuters) - The Polish zloty weakened on Tuesday, after the Eastern European economy's manufacturing activity contracted again last ...

Posted on 03/04/2024

Hong Kong Leads Asian Markets Higher, Traders Assess Fed Rate Plans

Focus is now turning to the release of US jobs figures at the end of the week, which could have a bearing on the central bank's decision-making in light of a recent batch of above-par inflation ...

Posted on 02/04/2024

Analysts Are Bullish on These Financial Stocks: BOC Hong Kong (Holdings) (BNKHF), Old National Bancorp Capital (ONB)

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on BOC Hong Kong (Holdings) (BNKHF – Research ...

Posted on 02/04/2024

Hong Kong needs outside-the-box thinking to shore up the economy

Shops and restaurants took a hit over the Easter break, when more than a million people left the city Maybe it's time to make use of Hong Kong's uniqueness and experience to tap into the mainland ...

Posted on 02/04/2024

Hong Kong Securities Regulator Unveils First Commercial Paper for Tokenized Securities

Hong Kong set to position itself as the primary hub for Real World Assets (RWA) and Security Token Offerings (STOs) by cultivating an innovative regulatory framework.

Posted on 02/04/2024

Chinese Stocks in Hong Kong Jump in Catchup Rally After Holidays

Chinese shares in Hong Kong rallied as trading resumed after holidays, playing catchup to gains seen in the onshore market following upbeat economic data.

Posted on 02/04/2024

Indian-origin finance executive controls diabetes by not taking any medication. Here’s what he did

Ravi Chandra has participated in 29 races: 12 marathons in China, Taiwan, India, and Hong Kong; seven 10-kilometer races and five ultra-marathons.

Posted on 02/04/2024

Financial holdings groups’ Q1 earnings hit by HK-tied ELS compensations

Major financial groups' plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according ...

Posted on 02/04/2024

Asian Shares End On Muted Note; Hang Seng Rallies

Asian stocks ended mixed on Tuesday as many regional markets resumed trading after a long holiday weekend. A stronger dollar and ...

Posted on 02/04/2024

Today’s Update on the Stock Market: Hang Seng Index Surges While Developer Vanke Sees Significant Drop

Markets in Asia experienced a mixed bag of performance on Tuesday, with Hong Kong’s Hang Seng Index outperforming peers, despite a sharp fall in shares of the real estate giant Vanke. Investors also ...

Posted on 02/04/2024

HSBC bets on gold to showcase tokenisation capabilities

As one of the world’s largest precious metals custodians, its customers in Hong Kong now have the opportunity to invest in tokenised gold through HSBC online banking and the HSBC HK Mobile App. The ...

Posted on 02/04/2024

Hong Kong pips India, becomes fourth-largest market

Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion ...

Posted on 02/04/2024

Financial holding groups’ Q1 earnings hit by HK-tied ELS compensations

Major financial groups' plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according ...

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