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Posted on 02/05/2024

Hong Kong stocks score 8-day winning streak as Fed tone less hawkish than feared

The Hang Seng Index closed 2.5% higher, notching eighth straight day of gains, led by a rally in technology, property and financial stocks. Chinese markets are closed for holidays from May 1-3.

Posted on 02/05/2024

Hong Kong’s Stocks Rally Even With Key Chinese Investors Absent

Hong Kong’s world-beating stock rally is showing no signs of letting up even with Chinese investors, a key buying force, out of action.

Posted on 02/05/2024

Exploring FXOpen’s Latest Offerings: A Dive into Hong Kong’s Thriving Stock CFDs

Hong Kong’s financial prowess has long been a beacon of opportunity in the Asia Pacific region. Situated at the crossroads of global commerce, the city has emerged as a vital hub for international ...

Posted on 02/05/2024

HSBC keeps best lending rate in Hong Kong unchanged at 5.875%

HSBC Holdings said on Thursday it had kept its best lending rate in Hong Kong at 5.875%, after the city's de facto central bank kept unchanged the base rate charged through its overnight discount ...

Posted on 02/05/2024

HSBC keeps prime rate at 5.875%, as wait for relief goes on for Hong Kong businesses, homeowners

Hong Kong’s biggest lender HSBC will keep its key lending and deposit rates unchanged, meaning local businesses and mortgage borrowers will have a longer wait for the cost of borrowing to decline.

Posted on 02/05/2024

Hong Kong central bank keeps key rate unchanged, tracks Fed decision

The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a decision by the U.S. Federal Reserve to keep rates ...

Posted on 02/05/2024

Hong Kong stocks rise led by gains in banking, insurance sectors with tailwind from China’s recent policy support moves

Hong Kong stocks rose on Thursday driven by gains in the banking sector and in insurance companies after the US Federal Reserve signalled it would wait longer before cutting interest rates, while the ...

Posted on 02/05/2024

Hong Kong central bank keeps key rate unchanged, tracks Fed move

The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates ...

Posted on 02/05/2024

Hong Kong holds rate as Fed signals inflation concerns

THE Hong Kong Monetary Authority (HKMA ... a decision expected by all economists surveyed by Bloomberg. The Asian finance hub’s monetary policy moves in lock-step with the US as the local currency is ...

Posted on 02/05/2024

Hong Kong – New Capital Investment Entrant Scheme.

The (New CIES) started accepting applications on 1 March 2024 after the Hong Kong government announced detailed rules. Eligible persons with HK$30 million (or equivalent) in net assets may apply with ...

Posted on 02/05/2024

Asian stocks skittish as rate fears persist; Hong Kong up on property cheer

Investing.com-- Asian stocks were a mixed bag on Thursday as fears of U.S. interest rates remaining high for longer remained in play, although the Federal Reserve did downplay any expectations for ...

Posted on 02/05/2024

Hong Kong virtual lender ZA Bank eyes retail services for digital assets as new regulations come into effect in June

Hong Kong's largest virtual bank is preparing to introduce virtual asset trading services for retail investors, CEO Ronald Iu says SFC will roll out the new regulatory regime for digital asset trading ...

Posted on 02/05/2024

Hong Kong’s Stock Rally Faces Test With China Inflows on Pause

One of the chief buying forces behind Hong Kong’s world-beating rally is out of action for the next few days, likely leaving the market without a crucial pillar of support.

Posted on 02/05/2024

Hong Kong occupational therapists call for training, guidelines over proposed child abuse reporting system

Professionals need help to understand responsibilities under bill being scrutinised in legislature, Chloe Mo Sung-yu of Hong Kong Occupational Therapist Association says.

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