New York has displaced Hong Kong as the world’s top destination for initial public offerings (IPOs) of stock during the first three months of 2017. A lack of major stock offerings sent Hong Kong—the main Stock Exchange of Hong Kong (HKEX) and the ... ( read original story ...)
Hong Kong stocks edge up at open
HONG KONG: Hong Kong stocks opened slightly higher Monday, though gains were tempered by a below-forecast US jobs report last week with uncertainty fuelled by the US missile attack on Syria. The Hang Seng Index edged up 0.14 per cent, or 34.71 points ... ( read original story ...)
Hong Kong stocks barely move as investors weigh geopolitical worries
April 10 Hong Kong stocks barely changed on Monday, with market turnover the lowest in two months as investors were reluctant to place bets amid concerns about growing geopolitical risks over Syria and North Korea. The benchmark Hang Seng index was almost ... ( read original story ...)
Hong Kong stocks nudge lower in thinner trade before Easter
Hong Kong stocks finished slightly weaker on Monday ... a move analysts say might provoke Pyongyang. The Hang Seng Index bounced between gains and losses during the day, before closing down 5.12 points, less than 0.1 per cent, at 24,262.18. ( read original story ...)
Hong Kong stocks close 0.02 pct lower
Hong Kong stocks closed down 5.12 points, or 0.02 percent to 24,262.18 points on Monday. The benchmark Hang Seng Index traded between 24,215.54 and 24,314.66. Turnover totaled 65.104 billion Hong Kong dollars (about 8.389 billion U.S. dollars). ( read original story ...)
Before the Bell: Five things every investor needs to know
Overseas, Tokyo’s Nikkei gained 0.7 per cent, while Hong Kong’s Hang Seng dipped slightly and the Shanghai composite ... Traders will be looking ahead to the Bank of Canada rate decision and release of the central bank’s latest monetary policy ... ( read original story ...)
Geopolitical Risks Help Dollar to Maintain Firm Tone
On Wednesday, the Bank of Canada (BoC) publishes its monetary policy ... Elsewhere, the Aussie S&P/ASX 200 Index added +0.9%. In Hong Kong, the Hang Seng index fell -0.1%, while China’s Shanghai Composite slipped -0.5%. In South Korea, the Kospi index ... ( read original story ...)
Hong Kong shares flat as US policy caution, geopolitical risks weigh
HONG KONG (Nikkei Markets) -- Hong Kong shares were flat after ... senior strategist at South China Financial Group. "For the Hang Seng Index to break out of its range, a lot will depend on U.S. data and how markets perform." The Shanghai Composite slipped ... ( read original story ...)
Sensex bounces 125 points, Nifty above 9,200-mark
Hong Kong's Hang Seng was up 0.06 percent while Japan's Nikkei gained 0.65 percent in early trade today. China's Shanghai Composite shed 0.28 percent. The US Dow Jones Industrial Average ended 0.03 percent lower on Friday. ( read original story ...)
Crime film Trivisa takes top prize at Hong Kong Film Awards
Hong Kong crime film Trivisa – which is banned in mainland China – scooped the Best Film award at the 36th Hong Kong Film Awards, the city’s answer to the Oscars. It took a total of five awards on Sunday night – the largest number among all ... ( read original story ...)
Hong Kong Property Prices Are Near Their Peak: J.P. Morgan
Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)
Hong Kong Concerned About Risks From Developer Mortgages
Hong Kong’s de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by developers, as some analysts are warning that property prices in the city are unsustainable. “The accumulation of these high ... ( read original story ...)
Hong Kong protester jailed over anti-China clashes
Yeung Ka-lun, 32, was pictured in news footage torching a taxi during the February 2016 unrest, which tapped into fears that Beijing is tightening its grip on Hong Kong. During clashes dubbed the "fishball revolution", police fired warning shots in the air ... ( read original story ...)
A Tale of Two Cities: Hong Kong and Shenzhen Global Entrepreneurship
Kevin Au at the Chinese University of Hong Kong(CUHK) Business School‘s Center for Entrepreneurship(CfE) and his collaborator, Dr. Marta K. Dowejko, former post-doctoral fellow at the CfE and now Research Assistant Professor in Entrepreneurship of the ... ( read original story ...)