ASIA MARKETS: Energy Stocks, Wall Street Rally Lift Hong Kong Shares For 14th...
In mainland China, the Shanghai Composite Index added 0.1%, while the onshore-traded yuan rose 0.2% against the U.S. dollar to 6.4813. Singapore-headquartered CW Group Holdings jumped 26.4% in Hong...
View ArticleChinese medical provider C-Mer Eye Care surges on Hong Kong trading debut
This new wave of IPOs is likely to suck in more funds and push up Hong Kong dollar interest rates this year, it said. Lufax, a unit of Ping An Insurance Group and China's largest online wealth...
View ArticleHong Kong Stocks Stand Out
While other Asian markets mostly marked time Friday, Hong Kong's Hang Seng Index rose to a record. Regional stocks were affected by the late-Thursday rally in the U.S.Symbol: FOREX:CHFHKD
View ArticleHong Kong approves ban on local ivory trading by 2021
Lawmakers overwhelmingly supported the measure, voting 49-4 to amend the existing law to outlaw sales of ivory in Hong Kong, which researchers say is the world's biggest retail ivory market.Symbol:...
View ArticleReturning to Hong Kong after the horror of Sars
Now property values are crashing, unemployment has risen to record levels, deflation is rampant, wages are falling, and there is talk of a tax hike to balance the books - either that, or freeing the...
View ArticleHouse Hunting in … Hong Kong
A THREE-BEDROOM APARTMENT ON HONG KONG ISLAND. $5.6 MILLION (43.8 MILLION HONG KONG DOLLARS). This three-bedroom, two-and-a-half-bath apartment with city views is on the ninth floor of the 10-story...
View ArticleHong Kong shares extend gains following Wall Street recovery
Wong sees a "slim chance" for a "horrible drop" on Wall Street again, but said losses for the A-share market remain a risk for the Hang Seng Index.Symbol: FOREX:CHFHKD
View ArticleDollar slips to three-year low, yen shrugs off Kuroda's BOJ reappointment
Indeed, the dollar failed to gain momentum after data on Wednesday showed U.S. inflation was stronger than expected in January, sending Treasury yields to four-year highs, as investors bet the Federal...
View ArticleHSI ticks up after slow start
US policy tightening would reduce liquidity in Hong Kong, whose currency is pegged to the dollar. ANZ said factors shaping the Hong Kong dollar this year include the HIBOR-LIBOR spread, which widened...
View ArticleHomes made of concrete tubes could solve the housing crisis
There are a lot of people in Hong Kong - 7.4 million to be more specific, all in an area that's 106 sq km (41 sq mi). Alongside a dense population, prices have soared at breakneck speed, leaving many...
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