Short Seller Threat Has Hong Kong Rally Skipping Small Caps

Big caps rule Hang Seng’s Asia-beating gains on mainland bids Bocom, Fidelity see small equities continuing to underperform Hong Kong stocks may be Asia’s star performers this year, but it hasn’t done much to revive the fortunes of the market’s ... ( read original story ...)

Hong Kong’s tiny flats pile up as property market dangers grow

HONG KONG: Tiny flats are flooding Hong Kong as developers rush to target first-time buyers struggling to get into the world’s priciest market. Inventories of new flats smaller than 431 square feet (40 square meters) rose to about 1,400 at the end of ... ( read original story ...)

Hong Kong tycoon Li ‘cautious’ as profits rise

HONG KONG: Hong Kong tycoon Li Ka-shing's flagship CK Hutchison on Thursday (Aug 3) saw profits up seven per cent in the first half of 2017, boosted by its European telecoms operations. The billionaire, who turned 89 on Saturday, said he was "cautiously ... ( read original story ...)

Hong Kong stocks slip, weighed down by financial, energy shares

Aug 3 (Reuters) - Hong Kong stocks followed other Asian markets lower on Thursday, as investors paused for breath after recent strong gains in financial and resources firms. The Hang Seng index fell 0.3 percent, to 27,531.01 points, while the China ... ( read original story ...)

Hong Kong stocks retreat from two-year high

Hong Kong’s stock market opened lower on Thursday after rallying ... The overseas markets are moving on results so they are not very indicative,” said Alex Wong, a director at Ample Finance Group. “The market has been very strong for the past few ... ( read original story ...)

Hong Kong Startup Is Said Close to $500 Million Valuation (2)

(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)