Hong Kong Legislative Council Member Johnny Ng has unveiled plans to explore the integration of Bitcoin into the particular administrative regions financial reserves. Ngs initiative aims to position ...
{Hot Stocks}HANG SENG BANK(00011) quoted at HK$104, up 3.2%
[ET Net News Agency, 29 July 2024] HANG SENG BANK (00011) rose 3.2% to HK$104, breaking above the 10-D SMA of HK$101.385. It hits an intra-day high of HK$104, hitting an 1-month high, and an intra-day ...
Hong Kong stocks jump after China industrial profits rise, eyes on Politburo meeting
Hong Kong stocks advanced after upbeat industrial profits data and hopes of more supportive policies from the coming Politburo meeting lifted sentiment.
Hong Kong: HKMA Chief Eddie Yue Reappointed, Commits to Stability and Expansion in Financial Sector
Eddie Yue, the Chief Executive of the Hong Kong Monetary Authority (HKMA), has been reappointed to his role for another five-year term starting in October.
Hong Kong set to post growth for second quarter, as exports expand 12.5%
City will also cultivate new productive forces, finance chief says, but economists caution against excessive optimism.
Hong Kong’s economy to show growth in Q2: Financial Secretary
Hong Kong’s economy is expected to show continued growth in the second quarter of this year, Financial Secretary Paul Chan Mo-po said on Sunday (July 28), citing increased exports and overall ...
Why an IPO recovery would mean so much to Hong Kong
After a disappointing few years for initial public offerings (IPOs) in Hong Kong, there are some early signs of a revival. Six listings in the week of July 8 made for the year’s busiest week of IPOs.
Defying downturn, auction houses bid high on Hong Kong
Sotheby's on Thursday unveiled showrooms at an upscale mall in Hong Kong's finance district, a two-storey space previously occupied by fashion label Giorgio Armani. "We envision for this ...
HANG SENG BANK (00011.HK) Buys Back 200K Shrs for $20.38M
HANG SENG BANK (00011.HK) disclosed in its statement that on 24 July, it repurchased 200,000 shares on the Hong Kong Stock Exchange at a price ranging from $101.3 to $102.3 per share, involving about ...
$4 billion in restricted US chips flowed to Russia through one Hong Kong address
located near Hong Kong’s financial district. The New York Times investigated nearly 800,000 shipments of restricted goods from 2022 until 2024. It discovered that over 6,000 companies sent almost $4 ...
Pyro AI’s IPO: High Risks And Likely Growth Reversal
Pyro AI Inc.’s revenue growth is likely coming to an end soon. Read more to see an overview and analysis of PYRO IPO.
Hong Kong IPO applications surge as many in China’s Silicon Valley keen, summit hears
The numbers are a big jump over last year’s comparable period, which saw 73 applications and 31 IPOs. “Hong Kong is the third largest IPO market worldwide this year in terms of number of deals,” said ...
Hong Kong shell companies’ exports bust sanctions, as Ukraine’s Foreign Minister holds talks with Russian ally China
By Ben Aris in Berlin At least four shell companies operating out of Hong Kong are facilitating the shipment of restricted military technology to Russia, according to an investigation by The New York ...
Don’t help Russia to evade sanctions, Ukraine tells Hong Kong
Hong Kong CNN — Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday. The ...