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Posted on 19/10/2023

Hong Kong stocks dip amid worries about China’s property crisis and an intensifying Middle East conflict

Hong Kong stocks erased gains as traders looked past China’s upbeat GDP data amid worries about the festering property crisis in the world’s second largest economy and the intensifying Israeli-Hamas ...

Posted on 19/10/2023

UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal

More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.

Posted on 19/10/2023

Hong Kong Grade A office rents drop 2.3% in Q3

The Central/Admiralty submarket was the main driver of this decline. According to a recent Colliers report, Hong Kong’s Grade A office rental market has observed a drop in rents of 2.3% QOQ to HKD54.1 per sq.

Posted on 19/10/2023

Hong Kong mobilised over 500 civil servants for flooding clean-up, in first test of ‘extreme conditions’ drill

Over 500 civil servants were deployed to assist the post-rainstorm clean-up in September, when the government made its first-ever “extreme conditions” announcement amid widespread flooding and landslides brought on by torrential rain,

Posted on 19/10/2023

Nepal to face Hong Kong in triangular T20 cricket series today

Nepal is set to face Hong Kong in the triangular T20 cricket series today. The match is scheduled to kick off at 11 AM at the Mulpani Cricket Ground in Kathmandu.

Posted on 19/10/2023

Hong Kong stocks slammed by Country Garden debt fallout, US tech curbs on China and prolonged Israel-Gaza war

Country Garden remains tight-lipped as a deadline on bond coupon payment passed this week, while rejecting speculation about founding family members New curbs by the US on China's access to advanced ...

Posted on 19/10/2023

Hong Kong’s Paul Chan to join Dimon, Dalio, mainland Chinese tycoons for major global investment conference in Saudi Arabia

Institute takes place in Riyadh from October 24 to 26 Some 30 mainland Chinese entrepreneurs and senior executives, including Foxconn CEO Liu Young-way, will attend More than 6,000 investors, ...

Posted on 19/10/2023

Hong Kong Bourse May Extend Wednesday’s Losses

(RTTNews) - The Hong Kong stock market turned lower again on Wednesday, one day after snapping the two-day losing streak in which it had tumbled almost 800 points or 4 percent. The Hang Seng Index now ...

Posted on 19/10/2023

SMIC, Alibaba lead tech slide in Hong Kong as market braces for new US curbs while the Israel-Hamas war saps risk appetite

Stocks retreated as investors braced for new US curbs on technology exports to China. China’s economy probably slowed last quarter, according to forecasts before an official report this week.

Posted on 19/10/2023

Hong Kong stocks open lower on Gaza concerns

Hong Kong stocks fell more than one percent at the open on Thursday on growing worries of a wider conflict being sparked by the Israel-Hamas crisis.

Posted on 19/10/2023

Hong Kong police investigate after man arrested over false claims to apply for early withdrawal of HK$75,000 MPF pension

Arrest of 36-year-old in Tsing Yi comes a week after city's graft-buster revealed it had caught 20 people, including insurance agent, for similar offences Police say he was offered assistance for his ...

Posted on 19/10/2023

Hong Kong policy address 2023: what will John Lee propose to bring bounce back to the economy? City needs to shake off sense of pessimism, analysts say

Sluggish economy, youth apathy, geopolitics weigh on city leader as he prepares for annual address Struggling business sector wants more help, while many urge Lee to scrap property cooling measures ...

Posted on 19/10/2023

Hong Kong Witnesses A Negative Paradigm Shift On Crypto Following JPEX Saga, Survey Reveals

Also, the response from the survey revealed the soured sentiment that the Hong Kong public now has toward the crypto industry. The university (HKUST) noted that the recent survey came after the ...

Posted on 19/10/2023

Hong Kong’s Stock Market Is Withering. China’s the Issue.

As Hong Kong’s shriveling stock market continues to shed billions in liquidity and trading volumes fall, even the bears are wondering if things have hit bottom. Until recently, the city’s exchange had ...

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