Is the Market Too Aggressive on a BoC slam-dunk rate hike?

In Hong Kong, the Hang Seng Index rose to a fresh closing high overnight ... USD/CAD (C$1.2433) is not straying too far from yesterday’s close ahead of this mornings Bank of Canada (BoC) rate decision. Markets are looking for the central bank to hike ... ( read original story ...)

Hong Kong Stock Market May Take Further Damage

BOC Hong Kong collected 0.74 percent, Henderson Land shed 0.67 percent, New World Development lost 0.65 percent, China Petroleum and Chemical (Sinopec) fell 0.61 percent, China Life added 0.40 percent, Industrial and Commercial Bank of China gained 0.15 ... ( read original story ...)

ASIA MARKETS: Hong Kong Stocks Slip From Record High

HONG KONG (Jan 25) -- Hong Kong stocks retreated on Thursday from ... with Industrial & Commercial Bank of China (ICBC) and Bank of China (BOC) shedding 1.9% each. Concerns that share placements by an increasing number of companies would absorb some ... ( read original story ...)

Dovish BoC Remains a Risk Ahead of Rate Decision

There is a possibility that tomorrow’s BoC statement could emphasizes their cautious outlook ... some of the dollar-driven gains they made in yesterday’s session. In Hong Kong, the benchmark Hang Seng Index rose to a record closing high overnight ... ( read original story ...)

ASIA MARKETS: Hong Kong Stocks Score Fresh All-time High

Hong Kong's Hang Seng Index rose 0.3% to end at 31,983.41 ... 01:24p TSX set to open higher ahead of BoC interest rate decision 12:07p MARKET SNAPSHOT: Dow Futures Point To Triple-digit Gain And Fresh Push Toward 26,000 12:07p CHARLES SCHWAB: Dow Futures ... ( read original story ...)

Hang Seng rises for 7 weeks in a row, hits record high

The top gainer on Hang Seng was China Construction Bank Corp , up 6.07 percent ... At close, China’s A-shares were trading at a premium of 28.36 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was ... ( read original story ...)

Hong Kong stock market likely to fall after extended bull run

Hong Kong’s stock market is likely to open lower on Thursday after a mixed performance on Wall street overnight. The Hang Seng Index futures spot January contract was down 0.12 per cent, or 39 points, to 32,858 in the pre-trade session on Thursday morning. ( read original story ...)

Chinese gadget-maker IPO tracks Xiaomi hype

HONG KONG, Jan 24 (Reuters Breakingviews) - China's answer to Fitbit is tracking another company's big steps. Huami, a maker of wearable devices, just unveiled plans for an initial public offering ahead of a more highly anticipated one by Xiaomi. ( read original story ...)