Bank of China HK rallies, Hang Seng drops at close

Stocks in Hong Kong closed lower today. The Hang Seng index dropped by 57.02 points or 0.19 percent at 29,623.83. Shares in op BOC Hong Kong Holdings (2388) rallied by 4.44 percent to HK$38.90. In China, the Shanghai Composite index edged up by 0.13 ... ( read original story ...)

Hong Kong shares fall sharply as tech shares plunge

Nov 30 (Reuters) - Hong Kong shares ended Thursday lower ... was 1.49 percent lower and property sector dipped 0.12 percent. ** The top gainer on Hang Seng was Bank of East Asia Ltd , up 1.79 percent, while the biggest loser was AAC Technologies Holdings ... ( read original story ...)

Hong Kong Property Doom Doesn’t Begin at a 1% Rate: Gadfly

The prime rate stands at 5 percent at HSBC Holdings Plc, Hong Kong’s biggest bank. A typical Hong Kong home loan may be priced at Hibor plus 1.4 percent, for example, with a ceiling at prime minus 2.85 percent. Three months ago, the one-month rate stood ... ( read original story ...)

Hong Kong Property Doom Doesn’t Begin at 1%

The prime rate stands at 5 percent at HSBC Holdings Plc, Hong Kong's biggest bank. A typical Hong Kong home loan may be priced at Hibor plus 1.4 percent, for example, with a ceiling at prime minus 2.85 percent. Three months ago, the one-month rate stood ... ( read original story ...)

HSBC hosts Saudi Arabia Investment Forum in HK

HONG KONG - HSBC hosted more than 100 institutional investors from across Asia, senior officials from Saudi Arabia and executives from some of the Kingdom’s biggest companies in an invitation-only event focused on the government’s ambitious Vision 2030 ... ( read original story ...)