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Tag: finance

Posted on 08/04/2025

Hang Seng Index has collapsed. Here’s why it may rebound soon

Explore the main reason why the Hang Seng index may still stage a strong comeback as the trade war with China escalates.

Posted on 08/04/2025

Asian stock markets tumble – with Hong Kong’s Hang Seng index suffering worst fall for 28 years

Mr Trump's bombshell tariff announcement causes more turmoil as investor fear grows over a global trade war and a possible recession in the US.

Posted on 08/04/2025

HKMA and Bank Representatives Discuss Tariff War Support for SMEs

The ongoing tariff war, which has seen countries imposing tariffs on a range of goods, has put immense pressure on exporters worldwide. SMEs, which often operate with thin margins and limited ...

Posted on 08/04/2025

Chinese AI firm AICT plans to ‘get on the IPO runway’ in Hong Kong as market warms up

Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says.

Posted on 08/04/2025

Hong Kong’s Hang Seng recovers some lost ground as some Asian markets advance

Asian shares advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets calmed somewhat after the shocks from U.S.

Posted on 08/04/2025

A government-owned bank can help Hong Kong weather tariff storm

Readers discuss support for businesses in a trade war, cutbacks to US Department of Education, and the timing for a sales tax Feel strongly about these letters, or any other aspects of the news? Share ...

Posted on 08/04/2025

HK shares suffer steepest decline since 1997, state fund steps in China shares

Hong Kong stocks experienced their biggest drop since 1997 on Monday after Beijing fired back at U.S. tariffs with its own trade levies, deepening market turmoil amid fears of a widening trade war, ...

Posted on 08/04/2025

Chinese AI firm AICT to submit Hong Kong IPO application by month’s end

Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says A Beijing-based artificial intelligence (AI) company is moving ...

Posted on 08/04/2025

Hong Kong stocks bounce back at opening

The Hang Seng Index gained 329.22 points, or 1.66 percent, to open at 20,157.52 points on Tuesday. Earlier, China's central bank, the People's Bank ...

Posted on 08/04/2025

Hong Kong banks report better H2 margins despite CRE risks

Margins and income improved in H2 2024 compared to H1.. Four banks in Hong Kong— Bank of East Asia (BEA), Dah Sing Bank, China CITIC Bank International, and Naynang Commercial Bank— saw a better H2 ...

Posted on 07/04/2025

Pateo Connect Revs Up For IPO, Belching Widening Losses And Slumping margins

Pateo Connect has filed for a Hong Kong IPO, reporting its revenue jumped by 70.9% last year as its net loss widened The smart cockpit maker's gross margin is slipping amid intense competition and its ...

Posted on 07/04/2025

Backing from BioNTech powers ADC specialist DualityBio toward $200M Hong Kong IPO

Duality Biologics has begun (PDF) offering stock, wading into a market reeling from Presid | Duality Biologics has begun offering stock, wading into a market routed by Trump’s tariffs in pursuit of up ...

Posted on 07/04/2025

Hong Kong stock exchange closes with biggest loss in almost 30 years

The financial markets are experiencing a catastrophic Monday. Due to Donald Trump's trade war, stocks are being sold en masse. The Hong Kong stock exchange saw the biggest drop since 1997: on Monday ...

Posted on 07/04/2025

Lawmakers urge Hong Kong stock exchange to speed up reforms, sharpen edge

Hong Kong Exchanges and Clearing (HKEX) should implement changes to its listing rules and other improvement plans as soon as possible, lawmakers said in a monthly financial affair ...

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