Stocks extend a rally built on Beijing’s stimulus measures to rescue the property market; weak manufacturing data limits gains.
China, Hong Kong stocks extend rally on more stimulus cheer
China stocks surged again on Monday after posting their best weekly performance in nearly 16 years last week as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.
HSBC HOLDINGS Buys back ~7.98M Shrs for HKD564M in Total Last Fri
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 7.978 million shares of the company in the UK and Hong Kong markets last Friday (27th) for a total of HKD564 m... HSBC HOLDINGS ...
Hong Kong a magnet for Asia’s rich as diverse investment options boost Citibank’s clientele
High-net-worth individuals from mainland China and Asia use Hong Kong to invest their wealth as they seek wider investment choices and better returns Rich customers from mainland China and Asia prefer ...
A new pair of giant pandas gifted by Beijing arrives in Hong Kong
Hong Kong welcomed a new pair of giant pandas gifted by Beijing on Thursday with a lavish ceremony, raising hopes for a boost to the city's tourism. An An and Ke Ke are the third pair of giant pandas ...
Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will adopt ESMA’s crypto OTC derivatives reporting standards, including Digital Token Identifiers, by 2025.
Hong Kong buyers snap up 200 flats as market sentiment improves on interest rate cut
Hong Kong saw the most number of new flats sold on a single day since May as market sentiment improved after a rate cut by the HKMA.
Hong Kong Gym Chain Pure Resolves Unpaid Rent Lawsuit
A Hong Kong gym chain frequented by the city’s financial elite said it has amicably resolved a dispute with its landlord over alleged missed rent payments.
Former world No 1 Halep to begin tennis comeback at WTA 125 tournament in Hong Kong
Simona Halep a surprise entry into the Prudential Hong Kong Tennis 125 tournament starting at Victoria Park on Monday Former world No 1 Simona Halep will make a surprise return to competitive tennis ...
China Market Update: Hang Seng & China Internet Outperforming S&P 500 Year To Date, Week In Review
Asian equities were mixed overnight as Mainland China outperformed significantly and Hong Kong extended gains.
Banks set to prosper as Hong Kong regains top hub status with family office, fintech push
Hong Kong’s efforts to regain its top hub status will prosper lenders as opportunities abound in wealth and fintech sectors and the bay area.
A 13% rally this week has helped Hang Seng post its best weekly gain in 26 years
At Friday's (September 27) closing, the Hang Seng Index jumped 3.6% to settle at 20,632.30, the highest level since April 2023. The 13% gain this week is the best rally since an almost 15% jump in ...
China, Hong Kong stock sees record gains in Asia markets on stimulus impact; eyes on U.S. PCE report
Asia-Pacific markets trade higher on Friday as China stocks set for best week since 2008 and Hong Kong’s Hang Seng Index is set for a weekly gain of almost 13%, marking its best week since 1998, while ...
HSBC enhances Premier offering for mass affluent
HSBC is expanding the features of its Premier offering for mass-affluent customers worldwide, focusing on the key areas of wealth, health, travel and international needs.