Hong Kong stocks rose for a sixth day, sending the benchmark gauge to its highest level in three weeks, as fears of a global trade war eased and investors’ risk appetite returned with US technology stocks rising to records. The Hang Seng Index added 0.8 ... ( read original story ...)
Global shares fall ahead of G7 summit, central bank meetings
Hong Kong's Hang Seng slipped 1.9 per cent at 30,910.89 ... "Then there's that small matter of the European Central Bank and Federal Reserve Board meetings, which could be very crucial for the markets next tack." ENERGY: Benchmark U.S. crude dipped ... ( read original story ...)
Hong Kong market rises on gains of property and tech shares
head of investment strategy for Hong Kong and greater China wealth management at Standard Chartered Bank. “Every time the Hang Seng Index approaches 30,000 points, there is a technical rebound.” In mainland trading on Monday, the Shanghai Composite ... ( read original story ...)
Hong Kong stocks jump most in a month on techs, developers
head of investment strategy for Hong Kong and greater China wealth management at Standard Chartered Bank. "Every time the Hang Seng Index approaches 30,000 points, there is a technical rebound." In mainland trading on Monday, the Shanghai Composite rose 0 ... ( read original story ...)
Hong Kong Market: Time To Lock In Gains
The win streak has reached six sessions for the Hong Kong Stock Market, which has soared more than ... were mixed - and the Asian shares figure to split the difference. The Hang Seng finished modestly higher on Thursday following gains from the financials ... ( read original story ...)
Hong Kong Bourse Draws Firm Lead For Thursday
The Hong Kong stock market has climbed higher in five straight sessions ... The European and U.S. markets were up and the Asian markets are expected to follow suit. The Hang Seng finished modestly higher on Wednesday following gains from the utilities ... ( read original story ...)
Sensex, Nifty trade lower, bank stocks fall
Major losers were power grid, ICICI Bank, IndusInd Bank, Yes Bank ... In the Asian region, Japan’s Nikkei fell 0.20% and Hong Kong’s Hang Seng shed 1.30% in early trade. China’s Shanghai Composite index too was down 1.29%. ( read original story ...)
Xiaomi Wins Hong Kong Stock Exchange Approval for IPO
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Game live streaming platform Douyu rumored to plan IPO in Hong Kong
Tencent-backed game live-streaming platform Douyu(斗鱼) is reported to plan an initial public offering in Hong Kong. The company is said to plan to raise more than $ 700 million. However, the company declined to comment on the information. Douyu was ... ( read original story ...)
Former financial secretary John Tsang joins fintech-focused merchant bank Ion Pacific
John Tsang Chun-wah, Hong Kong’s former financial secretary who was defeated last year in his bid to become the city’s chief executive, has joined fintech-focused merchant bank Ion Pacific as its vice-chairman. Set up in 2015 in Hong Kong, Ion Pacific ... ( read original story ...)
Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says
The CEO of Bitcoin mining tech giant Bitmain has appeared to confirm he would be interested in conducting an IPO for the company in future. The potential move would mimic Canaan, one of the company’s main competitors, which announced its intention to ... ( read original story ...)
Media: Xiaomi comes closer to HK IPO
[Photo/Agencies] Chinese technology giant Xiaomi is expected to stand at a listing hearing for formal approval of initial public offering on the Hong Kong stock exchange Thursday, a step closer to a listing for the company in the city in early July ... ( read original story ...)
Tencent-backed live-streaming game platform Douyu plans IPO in Hong Kong next quarter
Tencent-backed live-streaming games platform Wuhan Douyu Network Technology Co is planning an initial public offering in Hong Kong to raise as much as US$700 million, according to people familiar with the matter. The company is aiming for a listing in the ... ( read original story ...)
Hong Kong’s China Loan Pipe Is Gurgling Too Loud
While Hong Kong’s stock and bond investment pipes to mainland China get much attention, a third link between the financial center and the People’ Republic has largely flown under the radar. The hidden “connect” hooks up banking flows from the ... ( read original story ...)