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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.

Posted on 03/10/2023

Scrapping Hong Kong property curbs would be welcomed, but not sufficient to fix what ails the flagging sector: analysts

Any government rollback of property cooling measures is likely to boost home sales in Hong Kong, but even completely scrapping the measures would not be enough to revive a market that is grappling ...

Posted on 03/10/2023

China Evergrande soars after property developer’s stocks resume trading

HONG KONG (AP) — Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares ...

Posted on 03/10/2023

Hong Kong’s Hang Seng falls nearly 3%; Japan’s Nikkei is 1.5% lower on Fed rate hike jitters

Asian shares fell on Tuesday, with Japan's Nikkei, Hong Kong's Hang Seng Index and Australia's S&P/ASX 200 Index falling anywhere between 1% to 3%. The initial optimistic market reaction led by a deal ...

Posted on 03/10/2023

China Stocks in Hong Kong Drop Most Since July as Market Reopens

Story continues On a net basis, mainland traders bought shares listed in Hong Kong via trading links during all but three sessions in September, according to data compiled by Bloomberg. Southbound ...

Posted on 03/10/2023

Hong Kong’s John Lee says city has to ‘face trend’ of resident outflow during holidays, shore up tourism strengths

Chief executive declares 'Night Vibes' campaign a success and having achieved desired visitor footfall and capital Immigration data shows net outflow of people over long weekend Hong Kong has to "face ...

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