A strong second half lifted the city from 10th place in June, according to Refinitiv data The city fared better than its two traditional rivals in the United States, as Nasdaq and the NYSE both ...
Optimism Over China’s Economic Recovery Boosts Hong Kong Shares Friday
Optimism over China's economic recovery next year, following relaxed COVID-19 policies for inbound travelers, pushed the Hong Kong Hang Seng Index slightly higher Friday. The broad gauge Hang Seng ...
Hong Kong offshore yuan deposit pool to get boost from China’s reopening
HONG Kong’s offshore yuan deposit pool edged up 0.8 per cent in November to 892.3 billion yuan (S$172.4 billion) from a month earlier, rising for the fourth straight month as an increase in yuan trade ...
Full Truck Alliance Puts The Brakes On Hong Kong Listing Plan
Trucking app operator Full Truck Alliance has halted its plan to make a second listing in Hong Kong, according to a media report. Find out more.
Japfa’s unit lists on Hong Kong Exchange; share offerings oversubscribed
AUSTASIA Group, a unit under agri-food group Japfa, was oversubscribed in its offering of 30.6 million shares prior to its listing on the Hong Kong Exchange on Friday (Dec 30). Read more at The ...
Hong Kong’s dollar peg is on increasingly thin ice
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Some trades always seem to disappoint: long Argentina, short Japanese government bonds or attacks ...
Hong Kong-based Galaxy Payroll Group files for $25M US IPO
Hong Kong-based Galaxy Payroll Group (GLXG) has filed for a proposed $25M initial public offering. Galaxy didn't specify in the filing the number or price of the shares to be offered, but indicated in ...
BOC Aviation orders forty Boeing 737 MAX 8
Hong Kong-based global aircraft leasing company BOC Aviation placed an order for forty Boeing 737 MAX 8 that will allow it to increase its portfolio of units of ...
Hang Seng index up over 1%, other Asian markets decline
The cautious sentiment damped investor optimism for a rally in the last trading week of 2022 to cap a brutal year for financial markets.
Hong Kong Scraps Most COVID Rules, Though Masks Still Mandated
Hong Kong will cancel its stringent COVID-19 rules from Thursday, city leader John Lee said, meaning that arrivals will no longer need to do mandatory PCR tests while the city's vaccine pass would ...
Hong Kong stocks rise as Chief Executive John Lee announces more Covid easing measures
Hong Kong's Hang Seng index led gains in the region as Chief Executive John Lee announced further easing of Covid measures in the city.
Hong Kong’s travel sector struggling with shortage of staff, coaches
Hong Kong's tourism sector has struggled to secure more manpower and coaches ahead of a proposed full reopening of the mainland Chinese border next month and needs government subsidies to recover from ...
Cash-for-residency scheme: time for Hong Kong to catch Singapore in family office programme, consultants say
Since Hong Kong suspended its investment migration scheme in 2015, Singapore has burnished its role as the Asian hub for family offices. It’s time for the Chinese city to make up for lost ground, says ...
BOC Hong Kong Ltd. (BHKLY) Upgraded to Strong Buy: Here’s What You Should Know
BOC Hong Kong Ltd. (BHKLY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings ...