A new chapter in international finance is being written as China’s top economic planner, the National Development and Reform Commission (NDRC), signs a Memorandum of Understanding (MoU) with the Hong ...
Hong Kong stocks slammed by Country Garden debt fallout, US tech curbs on China and Israel-Gaza war
Hong Kong stocks extended losses as China’s property crisis deepened amid concerns about an imminent debt default by Country Garden Holdings. Tightened US tech curbs on Chinese companies and an ...
UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal
More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
Hong Kong’s Paul Chan to join Dimon, Dalio, mainland Chinese tycoons for major global investment conference in Saudi Arabia
Institute takes place in Riyadh from October 24 to 26 Some 30 mainland Chinese entrepreneurs and senior executives, including Foxconn CEO Liu Young-way, will attend More than 6,000 investors, ...
Hong Kong Bourse May Extend Wednesday’s Losses
(RTTNews) - The Hong Kong stock market turned lower again on Wednesday, one day after snapping the two-day losing streak in which it had tumbled almost 800 points or 4 percent. The Hang Seng Index now ...
SMIC, Alibaba lead tech slide in Hong Kong as market braces for new US curbs while the Israel-Hamas war saps risk appetite
Stocks retreated as investors braced for new US curbs on technology exports to China. China’s economy probably slowed last quarter, according to forecasts before an official report this week.
Hong Kong Witnesses A Negative Paradigm Shift On Crypto Following JPEX Saga, Survey Reveals
Also, the response from the survey revealed the soured sentiment that the Hong Kong public now has toward the crypto industry. The university (HKUST) noted that the recent survey came after the ...
Luyuan Cruises Out Of IPO Gate On Zooming Electric Two-wheeler Sales
Last Wednesday, the company raised about HK$706 million ($90 million) in a Hong Kong IPO, with plans to use the funds to boost product and development, and enhance its sales channels and production ...
Hong Kong’s crypto sentiment plummets after JPEX scandal: Study
A recent survey conducted by The Hong Kong University of Science and Technology’s business school has revealed a significant shift in public sentiment toward cryptocurrencies following the JPEX crypto ...
Hong Kong’s MPF retirement scheme ranks second best in Asia behind Singapore’s amid investment losses: Mercer
The Mandatory Provident Fund is the best regulated pension scheme in Asia, but trails Singapore in providing retirees with adequate funds Globally, Singapore's scheme ranks seventh, Hong Kong 21st and ...
Bill Ackman’s Hong Kong dollar (USD/HKD) short is not going well
The Hong Kong dollar (USD/HKD) has done relatively well this year even as the US dollar index (DXY) jumped to the highest level in months. It has also performed well even as many emerging market ...
Hong Kong’s affluent become millionaires at an average age of 33, HSBC Premier survey suggests
A study by HSBC suggests that about six per cent of respondents have already hit the HK$10 million mark by the age of 45. The bank’s wealth management services can help individuals meet their ...
Hong Kong Shares May Open In The Red
The Hong Kong stock market on Tuesday wrote a finish to the two-day losing streak in which it had tumbled almost 800 points or 4 ...
Survey: HK Affluent Class People Become Millionaires at Age of 33 on Average
According to a survey conducted by HSBC, affluent class people in Hong Kong become millionaires at the age of 33 on average, and they are also confident that they can earn $10 million at the age of 62 ...