Asian stock markets mostly slipped lower Monday on the outlook for slowing global economic growth and higher interest rates. Tokyo declined, although Hong Kong and Shanghai edged higher. Other ... ( read original story ...)
Indebted Fosun Halts Hong Kong Trading Ahead Of Annoucement
Chinese conglomerate Fosun halted stock trading in Hong Kong on Monday ahead of an upcoming announcement in what Bloomberg News reported would be the sale of its stake in a steel company to raise much ... ( read original story ...)
Hong Kong Shares Tipped To Open In The Red
The Hong Kong stock market on Friday halted the six-day losing streak in which it had plummeted more than 1,700 points or 9.5 percent to an 11-year closing low. The Hang Seng Index now sits just above ... ( read original story ...)
Hong Kong to Outline Ambition to Become Top Virtual Asset Hub
Hong Kong wants to become an international center for virtual assets as the city seeks to bolster its status as a global financial hub following the disruptions caused by the pandemic. The government ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Hits New 12-Month Low at $14.87
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) reached a new 52-week low during trading on Friday . The stock traded as low as $14.87 and last traded at $15.07, with a volume of 219252 shares ... ( read original story ...)
Hong Kong Sevens is back
Fijian rugby fans have been a stronghold of tournaments in the Sevens Series because of Fiji’s dominance in the series. Picture: FIJITIMES/FILE has confirmed the HSBC Sevens Series 2023 schedule ... ( read original story ...)
Hong Kong undaunted by Singapore rivalry as mainland support gives city unique advantage, treasury chief says
Hong Kong remains undaunted by growing competition with Singapore as support from mainland China gives the city a unique advantage and makes it stand out as an international economic hub, a top ... ( read original story ...)
Russians lose access to some banking services in Hong Kong due to Western sanctions over Ukraine
HSBC sends out letter, seen by Post, saying lender unable to provide investment services to Russian nationals who are not European Union residents While HKMA notes local banks can ignore unilateral ... ( read original story ...)
Currency anxiety: Chinese, Hong Kong businesses sweat fallout from the diminished UK pound
From Li Ka-shing’s empire to an office tower bought by James Tien Pei-chun’s Manhattan Garments Group, the whipsawing British pound could draw blood from some of Hong Kong and China’s biggest ... ( read original story ...)
Hong Kong online brokerage TOP Financial stock plunges 74%, hits new all-time low
Online brokerage TOP Financial (TOP) stock plunged 74% Friday afternoon, hitting a new all-time low. Read more here. ( read original story ...)
Hong Kong may roll out the IPO mat for Big Tech even before they earn a single dollar, in city’s biggest listing reform in four years
Under Chapter 18C of Hong Kong's listing rules, pre-revenue Big Tech companies valued at HK$15 billion to HK$20 billion can apply to raise capital The valuation can be cut to HK$8 billion if the ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 2,450.0% in September
Limited (OTCMKTS:BHKLY – Get Rating) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 5,100 shares, a growth of 2,450.0% ... ( read original story ...)
Hong Kong to clarify stance on cryptocurrencies during FinTech Week amid Web3 talent exodus
The Hong Kong government is set to unveil a new policy statement to show its vision of developing the city into a global virtual asset centre Local investors have voiced concerns that regulatory ... ( read original story ...)
Hong Kong stocks halt six-day slump as HSBC, Alibaba surge, slower-than-expected inflation aids China policy-easing view
Stocks rally with regional markets following overnight gains in US equities as programme-buying said to kick in after a major sell-off this year Almost all of the 73 Hang Seng Index members rose, ... ( read original story ...)