Hong Kong is “watching and monitoring” trade and foreign policy changes under Donald Trump’s incoming administration, the city’s top official in the United States told the Post. Clement Leung Cheuk-man, Hong Kong’s commissioner for economic and ... ( read original story ...)
RIP: Hong Kong’s shopping industry, as e-retailers tighten their grip
May Hong Kong as a “Shopper’s Paradise” rest in peace. The last nail is in the coffin and it is ready to be lowered into the ground. The words on the headstone are being carved: “Here once Hong Kong’s economy boomed”. The last nail was of ... ( read original story ...)
Hong Kong: Large pro-China rally against independence
Tens of thousands of pro-China protesters have rallied in Hong Kong, expressing anger at calls for the territory's independence. Demonstrators waved Chinese flags, and chanted "oppose Hong Kong independence; support Beijing's ruling". Last week ... ( read original story ...)
Asia Generally Negative, on Data, U.S. Campaign
But most analysts don't expect any moves from the central bank. The Hang Seng Index in Hong Kong lost 20.27 points, or 0.1%, to 22,934.54 In currency markets, the yen weakened against the dollar, fetching 104.84 as of late afternoon local time, but still ... ( read original story ...)
Launch Announcement for Callable Bull/Bear Contracts ("CBBCs") to be issued by
Spot Level means the spot level of the Index as compiled and published by Hang Seng Indexes Company Limited ... We are a licensed bank regulated by the Hong Kong Monetary Authority. We are also authorised and regulated by the Financial Market Supervisory ... ( read original story ...)
Markets Right Now: Stocks move higher on Wall Street
The gains put the Dow on track to beat its all-time closing from August. Other indexes didn't do as well. ASIA'S DAY: Hong Kong's Hang Seng index lost 1.4 percent to 22,531.09 and South Korea's Kospi fell 0.9 percent to 1,984.43. Stocks are opening higher ... ( read original story ...)
Financial markets drop as Trump looks set to be next U.S. president
The central bank last hiked its key rate in September by 50 basis ... States indicating markets there were also set to plunge when they opened. In Hong Kong the Hang Seng index finished 3.1 percent lower and Australia's ASX 200 finished down almost 2 ... ( read original story ...)
Dollar extends Trump rally, hovers at 3-1/2-month high versus yen
Hong Kong's Hang Seng index lost 1.3 percent to 22,538.51 and South ... Singapore Treasury Division at Mizuho Bank, referring to President Obama's health care program". "Investors are now thinking that things aren't going to be as bad as what they had ... ( read original story ...)
Trump fear fans dollar rally as emerging markets sink
The election result tremors were also felt across South Korea and Hong Kong as the Kospi plunged 3.27%, while Hang Seng knocked down 3.57%. Cash streaming into safe haven stocks, gold and currencies such as the yen was initially sent by his success. ( read original story ...)
US Election 2016: Asia markets bounce back after Trump win
Japan's Nikkei 225 index soared 6.7%, more than recovering losses from the previous session. Hong Kong's Hang Seng index added 2.1% with Australia's ASX index up 3.3%. Traders had expected Hillary Clinton to beat Mr Trump to become the next US president. ( read original story ...)
Markets Right Now: Stocks opening higher on Wall Street
South Korea's Kospi advanced 2.3 percent and Hong Kong's Hang Seng added 1.9 percent ... Barclays rose 0.3 per cent or 0.65p to 201.75p after the bank completed the sale of its £1.2 billion Spanish and Portuguese credit card business to Spanish online ... ( read original story ...)
Hong Kong double killer Rurik Jutting 'romped with eight prostitutes in a £400-a-night hotel suite'
The British banker, who was on Tuesday found guilty of killing two prostitutes at his Hong Kong flat, had 'eight girls at one time' in the Prime Minister's Suite at the Angeles Beach Club Hotel in Angeles City, The Sun on Sunday reports. One of the ... ( read original story ...)
Hong Kong residents, mainland people have similarities – and also big differences
While Hong Kong is undeniably part of China, arguments differentiating Hong Kong Chinese from mainland Chinese have intensified in recent years. Dr Chung Kim-wah, a social scientist at Hong Kong Polytechnic University, said both Hongkongers’ and ... ( read original story ...)
Investors dodge China's whack-a-mole outflow curbs
With finance channels closing, fake trade invoicing has grown - as demonstrated by a growing gap between figures for Chinese imports from Hong Kong and Hong Kong's exports to China, which ought to be equal and opposite. In essence, Chinese importers ... ( read original story ...)