Hong Kong and Mainland China opened higher after yesterday’s monetary policy bazooka. Still, they faded across the trading day, though both managed to post gains, especially the latter, on very higher ...
Recent Price Trend in BOC Hong Kong (BHKLY) is Your Friend, Here’s Why
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability ...
Global financial hubs London, New York, Hong Kong face decline as emerging Asian cities surge
The global financial landscape is undergoing a seismic shift, with traditional powerhouses such as London, New York, and Hong Kong facing mounting challenges. A recent report by the Global Financial ...
Hong Kong beats Singapore to be Asia’s top financial centre: Survey
Globally, Hong Kong ranked third behind New York and London, with Singapore and San Francisco rounding off the top five ...
Hong Kong-Spain: Unlocking Boundless Opportunities, Partnering for Success
Starting in Spain, a delegation led by Hong Kong's Financial Secretary Paul Chan, is visiting Madrid (September 22-25, 2024) and London (September 25-28, 2024) to promote Hong Kong's advantages, in ...
Shanghai, Shenzhen, Hong Kong Rank Among Globe’s Top Ten Financial Hubs, Report Says
Only two of China’s 12 financial centers scored higher in the index. But four Chinese financial hubs climbed up the rankings. In addition to Shenzhen and Hong Kong, Chengdu advanced four places and ...
Deloitte Keeps Forecast on HK IPO Fundraising Amt at $60-80B This Yr
Deloitte maintained its forecast of 80 IPOs and $60-80 billion in capital raised in Hong Kong for this year. Edward Au, Deloitte China Southern Region Managing Partner, said that 4-5 IPOs are still in ...
Hong Kong dethrones Singapore to emerge as Asia’s top financial centre
Hong Kong is back as Asia's top financial centre, dethroning Singapore to gain the spot for the first time in two years.
Asia-Pacific markets largely range-bound; Hong Kong’s Hang Seng jumps more than 2%
Hong Kong's Hang Seng index extended its rally and climbed 2.6% on the back of stimulus measures from China. Australia's consumer price index posted a 2.7% rise year on year in August, in line with ...
Hong Kong climbs to third in global financial centres index, tops Asia-Pacific region
Hong Kong advanced to third place in the latest Global Financial Centres Index, up one spot from its previous ranking, reaffirming its position as a leading global financial hub.
Asia-Pacific markets rangebound; Hong Kong’s Hang Seng poised to rise 4% at open
Futures for Hong Kong's Hang Seng Index signal a 4% rise for the index at open. HSI futures were at 19,763, compared to the index's last close of 19,000. Investors will also be watching Australia's ...
China, Hong Kong stocks jump as aggressive stimulus boosts sentiment
China and Hong Kong stocks rallied broadly for a second day on Wednesday as investors basked in the afterglow of a wide-ranging stimulus package announced in the previous day. In early trade, China's ...
HSBC to extend US$641 million in pre-approved loans to aid Hong Kong SMEs
Initiative aims to ease access to capital for entrepreneurs who are looking to invest at the beginning of a rate-cut cycle.
Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%
Investors in Asia will look toward Australia's inflation rate for August, which is expected to ease to 2.7% from 3.5%.