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Posted on 31/08/2023

Hong Kong braces as Super Typhoon Saola approaches city

It will consider hoisting the T8 alert on Friday, which would see offices and schools close. Read more at straitstimes.com.

Posted on 31/08/2023

Hong Kong’s makeshift Covid-19 hospital will expand services to offer gastroscopy procedures, bacteria screenings to ease strain on public sector

Facility near border with mainland China originally built to house Covid-19 patients will begin offering new services from fourth quarter.

Posted on 31/08/2023

Hong Kong to host first international expo on performing arts next year with aim of making city a trading centre for industry

The HK$42 million expo will take place at different venues across the city between October 14 and 18 next year Arts Development Council hopes the expo will become a large-scale platform not only for ...

Posted on 31/08/2023

Hong Kong government condemns vandalism of its London trade office after it is spattered with red paint

The Hong Kong government on Wednesday condemned a vandalism attack on its office in London and said it was a bid by foreign forces to cause “chaos and disruption”. The door to the economic and trade ...

Posted on 31/08/2023

STAR Board’s “688 Rally” Defies Hong Kong Profit-Taking

Asian equities were largely higher, though there were several pockets of minor weakness. Hong Kong growth stocks underperformed as morning gains eased over the trading day as traders took short-term ...

Posted on 30/08/2023

Chinese cities ease mortgage rules in bid to revive property sector

BEIJING/HONG KONG (Reuters) -Two of China's biggest cities eased mortgage curbs and the country's top banks flagged mounting risks from the deepening property sector turmoil on Wednesday, as Beijing ...

Posted on 30/08/2023

HSBC Buys Back Over 4.65M Shrs for $277M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6504 million shares in the UK and Hong Kong markets yesterday (16th), involving a total of HK$277 million.Of the... HSBC HOLDINGS ...

Posted on 30/08/2023

Hong Kong issues lowest typhoon warning as Saola edges closer

HONG KONG, Aug 30 (Reuters) - Hong Kong's observatory issued its lowest typhoon signal on Wednesday as Typhoon Saola moved across the northeastern part of the South China Sea to edge closer to the ...

Posted on 30/08/2023

Hong Kong Issues Cyclone Warning as Super Typhoon Approaches

Taiwan shut offices and canceled flights across parts of the south on Wednesday as Super Typhoon Saola sweeps past the island’s southern tip, heading toward the Chinese coast after battering northern ...

Posted on 30/08/2023

Pressure on China’s Property Market Builds as Country Garden Faces Fresh Stress

Country Garden Holdings (ticker: 2007.Hong Kong), one of China’s biggest property developers, is due to report earnings for the first half on Wednesday after missing interest payments on its bonds ...

Posted on 30/08/2023

Guangzhou eases mortgage rules, banks flag risks as China steps up efforts to revive property sector

Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs and the country's top banks flagged mounting risks from property sector turmoil, as Beijing ramps up ...

Posted on 30/08/2023

Bank of China says some regional LGFVs have defaulted

HONGKONG : The Bank of China said on Wednesday that some regional local government financing vehicles (LGFV) have defaulted and the lender's asset quality has deteriorated. Chief Risk Officer Liu ...

Posted on 30/08/2023

Chinese banks ICBC, BOC post sluggish profit growth

BEIJING/SHANGHAI/HONG KONG (Reuters) -Two of China's biggest banks on Wednesday ... Industrial and Commercial Bank of China Ltd (ICBC), the country's biggest lender, said in a filing its net profit ...

Posted on 30/08/2023

Hong Kong stocks gain as HKEX, Longfor rally amid market-boosting measures while Xiaomi lifts earnings optimism

Stocks sustain a rally as HKEX and Longfor lead gainers amid bets on more market-boosting measures. Investors are turning less bearish as policymakers begin to address a slump in confidence.

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