Hang Lung Group chairman Ronnie Chan says city must not underestimate 'madness with which the US wants to destroy mainland China', and Hong Kong Property tycoon and ex-head of securities watchdog also ... ( read original story ...)
Hong Kong stocks rise after Fed raises rates
Hong Kong stocks opened slightly higher on Thursday morning after the head of the Federal Reserve indicated the bank's pace of interest rate hikes ... ( read original story ...)
Sell Hong Kong stocks when the likes of HSBC raise prime rates, historical data suggests
All four industry groups within the Hang Seng Index posted losses in the one month after HSBC last raised its best rates in September 2018 The HKMA raised its base rate to the highest level since 2019 ... ( read original story ...)
Hang Seng Expected To Bounce Higher Again On Thursday
The Hang Seng finished sharply lower on Wednesday following losses from the technology, casino and oil companies. For the day, the index slumped 235.84 points or 1.13 percent to finish at 20,670.04 ... ( read original story ...)
Hang Seng Bank Ltd – Stock Quote 00011
As previously noted, the Hong Kong COVID-19 lockdown in the first quarter of 2022 may hurt Hang Seng Bank’s loan growth and fee income, and we think the positive impact on net interest margins ... ( read original story ...)
HSBC Set to Face Hong Kong Shareholders Amid Ping An Battle
HSBC Holdings Plc executives and directors will do something next week that they haven’t done in three years: meet their Hong Kong shareholders face-to-face. The Tuesday meeting could be a tense one, ... ( read original story ...)
Hong Kong central bank raises rates, warns of higher interbank rates
The Hong Kong Monetary Authority (HKMA) on Thursday (Jul 28) raised its base rate charged through the overnight discount window by 75 basis points to 2.75 per cent, hours after the US Federal Reserve ... ( read original story ...)
Hong Kong Central Bank Raises Interest Rate After Fed Hike
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Reserve delivered a ... ( read original story ...)
Hong Kong’s online retail market has become too crowded for e-commerce giant Alibaba, which is closing its local Tmall site
Alibaba will shut down operations of Tmall Hong Kong on October 31, as the company sharpens its focus on cross-border e-commerce opportunities That move comes as no surprise, according to analysts, ... ( read original story ...)
Hong Kong raises benchmark interest rate following Fed move
The Hong Kong Monetary Authority increased its base rate by 75 basis points to 2.75% on Thursday after the Federal Reserve raised interest rates. The HKMA moves in lockstep with the Fed, given the ... ( read original story ...)
Hong Kong must repeal national security law: UN watchdog
A UN watchdog voiced alarm at deteriorating rights in Hong Kong, especially calling on the Chinese territory to repeal the sweeping National Security Law imposed by Beijing two years ago. ( read original story ...)
Tech Giant Alibaba Seeks Primary Listing Status on Hong Kong Stock Exchange
If completed, the move would also take advantage of incentives in Hong Kong aiming to attract Chinese high-tech companies to the “special autonomous region.” ... ( read original story ...)
Hong Kong raises base rate to 2.75 per cent in lockstep with US Fed’s 75-basis point hike
The HKMA's chief executive Eddie Yue Wai-man is expected to hold a press briefing on Thursday morning after the interest rate increase Hong Kong's monetary policy has been run in lockstep with the Fed ... ( read original story ...)
Classic Hong Kong bakery Happy Cake Shop to close after 45 years in business as landlord takes back premises
Happy Cake Shop leaves fans miserable after it announces it will close its Wan Chai operation at the start of next month Shop joins list of city food institutions that have shut down in recent times. ( read original story ...)