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Posted on 03/10/2023

Asian Games 2023: Hong Kong’s Vincent Lau wins bronze in men’s road time trial, Leung just short in women’s event

In the women's event, Hong Kong's Chloe Leung Wing-yee was only 14 seconds shy of a podium place, but Lau's bronze nonetheless took Hong Kong to 44 medals in total - just two short of their best Games ...

Posted on 03/10/2023

Stock market minnows are grabbing most of the world’s IPOs

When UK-based chip designer Arm went public earlier this month, raising $65 billion on the Nasdaq in a matter of hours, hopes swirled among investors that the global market for initial public ...

Posted on 03/10/2023

Hong Kong stocks have worst day in three months on worries about rates and real estate

Hong Kong (CNN) — Stocks in Hong Kong suffered their worst day in three months on Tuesday on growing concern about China’s weak housing market and persistently high US interest rates. The Hang Seng Index ended down 2.7% — its biggest drop since early ...

Posted on 03/10/2023

Asian Games 2023: Hong Kong athletes don’t need foreign coaches to succeed, Tiffany Yue says, after winning long jump bronze

I really wanted to prove to everyone that a Hong Kong athlete and a Hong Kong coach can get great results,' Yue says Her city-record leap saw her claim the city's first Asian Games medal in athletics that did not come on the track Hong Kong's Tiffany Yue ...

Posted on 03/10/2023

Typhoon Koinu on Track to Hit South Taiwan, Approach Hong Kong

Severe Typhoon Koinu will pass over the southern tip of Taiwan in coming days before heading toward Hong Kong, tracks compiled by meteorologists show.

Posted on 03/10/2023

Charles Russell Speechlys Hires Disputes Partner from Ince Hong Kong

Charles Russell Speechlys has appointed a new partner to its Hong Kong office. Stephen Chan has joined the U.K. private client firm from Ince & Co Hong Kong, where he was a partner.

Posted on 03/10/2023

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis

Despite China’s cryptocurrency ban in 2019, Hong Kong could be the key to bringing more digital asset activity back to the East Asia region, according to blockchain analytics firm Chainalysis.

Posted on 03/10/2023

Hong Kong stocks drop as US Treasury yields touching multi-year highs weigh

Hong Kong shares started the last quarter of 2023 sharply lower on Tuesday, as U.S. Treasury yields reaching 16-year high pressured the markets. The Hang Seng Index dropped 3% to its lowest since ...

Posted on 03/10/2023

Embattled Chinese property firm Evergrande soars 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged after it resumed trading in Hong Kong. The stock rose 20.31% after briefly touching 46 Hong Kong cents shortly after the open.Shares of ...

Posted on 03/10/2023

Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks

U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares. However, China Evergrande was up nearly 16%, resuming trading after ...

Posted on 03/10/2023

Hong Kong shares drop 3%, dragged down by real estate and energy

Hong Kong's Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector. The benchmark index's loss of over 500 points is a significant decline, Everbright Securities' ...

Posted on 03/10/2023

Hong Kong stocks sink most in three months amid China property woes, US rate worries

They were up 16% to trade at 37 Hong Kong cents (4.7 US cents), only 1% of the value of its peak price in October 2017. The stock of Evergrande Property Services also resumed trading, down 1.7% to 58 ...

Posted on 03/10/2023

Shares of China Evergrande and its property unit jump in Hong Kong as they resume trading after confirming chairman is under police control

Evergrande shares surged as much as 42.2 per cent to 46 Hong Kong cents in early Tuesday trade, while shares of the company’s Evergrande Property Services unit rose as much as 14 per cent to 67 Hong ...

Posted on 03/10/2023

China’s Evergrande Resumes Hong Kong Trading

Heavily indebted Chinese property giant Evergrande resumed trading in Hong Kong on Tuesday, according to a statement on the stock exchange's website.

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