Hong Kong: HANG SENG INDEX (.HSI) stocks hit longest losing streak in six weeks

Hong Kong: HANG SENG INDEX (.HSI) stocks hit longest losing streak in six weeks

Hong Kong: HANG SENG INDEX (.HSI) stocks hit longest losing streak in six weeks Hong Kong stocks fell for a fourth straight day, their longest losing streak in six weeks, on concerns there will be more protests ahead of China’s National Day. The Hang Seng Index dropped 1.1 per cent to 26,468.95 at the close […]

Hong Kong: HANG SENG INDEX (.HSI) extending a sell-off as traders fret over the impact of protests on the city

Hong Kong: HANG SENG INDEX (.HSI) extending a sell-off as traders fret over the impact of protests on the city

Hong Kong: HANG SENG INDEX (.HSI) extending a sell-off as traders fret over the impact of protests on the city Hong Kong stocks finished today with losses, extending a sell-off to a third day as traders fret over the impact of protests on the city, while they are awaiting a key Federal Reserve policy decision […]

Hong Kong: HANG SENG INDEX (.HSI) stocks slide for a second day as MTR retreated on train derailment

Hong Kong: HANG SENG INDEX (.HSI) stocks slide for a second day as MTR retreated on train derailment

Hong Kong: HANG SENG INDEX (.HSI) stocks slide for a second day as MTR retreated on train derailment China’s stocks dropped by their most in 10 weeks on concern policymakers were not doing enough to arrest the decline in the nation’s economic growth, while a recent rally of smaller companies was judged to have been […]

Hong Kong: HANG SENG INDEX (.HSI) slides amid more worrying economic news from China

Hong Kong: HANG SENG INDEX (.HSI) slides amid more worrying economic news from China

Hong Kong: HANG SENG INDEX (.HSI) slides amid more worrying economic news from China Asian markets mostly fell in early trading Monday as global crude futures soared following the weekend attack on Saudi Arabian oil facilities. West Texas Intermediate crude for October delivery CLV19, +12.85%  , the U.S. benchmark contract, was up 10.4%, or $5.71, at $60.57 a […]

Hong Kong Protesters Bombarded Government Buildings with ‘Molotov Cocktails’

Hong Kong Protesters Bombarded Government Buildings with ‘Molotov Cocktails’

Thousands of protesters clad in black masks, caps and shades to obscure their identity, ran through the streets of Hong Kong setting street fires and blocking roads in the heart of the city. Authorities moved quickly to douse the fires and police fired volleys of tear gas to disperse protesters, including in the bustling shopping […]

Hong Kong: HANG SENG INDEX (.HSI) boost was primarily due to a boost in investor confidence involving a likely positive outcome of the ongoing trade dispute

Hong Kong: HANG SENG INDEX (.HSI) boost was primarily due to a boost in investor confidence involving a likely positive outcome of the ongoing trade dispute

Hong Kong: HANG SENG INDEX (.HSI) boost was primarily due to a boost in investor confidence involving a likely positive outcome of the ongoing trade dispute Global markets reacted positively this week as both the United States and China made new progress in possibly putting an end to the now year-long trade war. The moves […]

Hong Kong: HANG SENG INDEX (.HSI) shares ended higher sparked by speculation that the local government may act to ease protests

Hong Kong: HANG SENG INDEX (.HSI) shares ended higher sparked by speculation that the local government may act to ease protests

Hong Kong: HANG SENG INDEX (.HSI) shares ended higher sparked by speculation that the local government may act to ease protests Hong Kong shares ended higher on Wednesday, with the city’s main equity gauge clinging to early gains sparked by speculation that the local government may act to ease protests. The Hang Seng Index added […]

Hong Kong: HANG SENG INDEX (.HSI) mixed after weak China data

Hong Kong: HANG SENG INDEX (.HSI) mixed after weak China data

Hong Kong: HANG SENG INDEX (.HSI) mixed after weak China data Asian markets were mixed on Tuesday following the release of weak producer price data from China. Figures from China’s National Bureau of Statistics showed the largest contraction in factory gate prices in three years, with prices dropping by 0.8% compared to a year earlier in August, […]

Wall Street Liked China Data, Hong Kong and BREXIT News

Wall Street Liked China Data, Hong Kong and BREXIT News

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s Key stock indexes bounced Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay BREXIT provided some optimism to investors worried about global growth. The Fed’s September Beige Book described overall economic activity as expanding at a […]

Hong Kong leader to withdraw loathed extradition bill: reports

Hong Kong leader to withdraw loathed extradition bill: reports

Hong Kong’s embattled pro-Beijing leader is planning to permanently shelve a loathed extradition bill on Wednesday, local media reported, a potentially major concession to pro-democracy protesters after three months of crippling demonstrations. Carrie Lam, the city’s unelected chief executive, is expected the make the announcement Wednesday afternoon, the South China Morning Post and the HK01 […]

Beijing says it supports Hong Kong leader

Beijing says it supports Hong Kong leader

Beijing on Tuesday threw its backing behind Hong Kong leader Carrie Lam after an audio recording emerged of her saying she wanted to quit over three months of unrest in the semi-autonomous city. But the Chinese central government also warned it would “never sit idly by” if the situation spins out of control and endangers […]

Commentary: Violence in Hong Kong Must End Now

Commentary: Violence in Hong Kong Must End Now

Rioters in Hong Kong at the weekend Saturday again resorted to escalating violence. They stormed government and legislative offices, threw petrol bombs at police and set fire to multiple locations including police HQ’s. Facing flagrant violent acts, the Hong Kong Special Administrative Region (HKSAR) government and the Hong Kong police took decisive measures to enforce […]

Love in a time of tear gas: politics and romance on Hong Kong’s barricades

Love in a time of tear gas: politics and romance on Hong Kong’s barricades

A gas mask lovingly adjusted, a hand squeezed before approaching police lines and a frantic search through swirls of tear gas — Abby and Nick’s relationship has blossomed on the barricades during Hong Kong’s long summer of protest. Most of the frontline protesters driving the months-long pro-democracy demonstrations are students — so-called “braves” facing pepper […]

Nikkei, Hong Kong: (HSI:.HSI) slip as Mnuchin gives mixed signals in interview

Nikkei, Hong Kong: (HSI:.HSI) slip as Mnuchin gives mixed signals in interview

Asian markets retreated in early trading Thursday, as geopolitical tensions and the inverted U.S. Treasury yield curve weighed on investors concerned about a global economic slowdown. U.S. Treasury Secretary Steve Mnuchin that he expects Chinese officials to travel to Washington for renewed trade negotiations, but did not give a timeline, Bloomberg News reported. He did […]

‘Feed the wolf’: fear stalks Cathay (0293:HK) staff after Hong Kong protest sackings

‘Feed the wolf’: fear stalks Cathay (0293:HK) staff after Hong Kong protest sackings

A fortnight ago Cathay Pacific said it “wouldn’t dream” of muzzling the views of its 27,000 Hong Kong staff, but after the dismissal of several pro-democracy supporters among its workforce under Chinese pressure, employees say this is exactly what has happened. Hong Kong, a financial centre that was once a byword for stability and prosperity, […]

China stocks down amid trade uncertainty; Hong Kong: (HSI:.HSI) inches up

China stocks down amid trade uncertainty;  Hong Kong: (HSI:.HSI) inches up

China stocks down amid trade uncertainty; Hong Kong: (HSI:.HSI) inches up Chinese stocks fell on Wednesday morning amid lingering uncertainty around the Sino-U.S. trade war, as the positive impact from MSCI’s latest phase of China stock inclusion fades. The CSI300 index fell 0.4% to 3,800.04 at the end of the morning session, while the Shanghai […]

First Gun Shot Is Fired as New Weapons Enter Hong Kong Protests

First Gun Shot Is Fired as New Weapons Enter Hong Kong Protests

Police fired water cannon and tear gas in running battles with brick-throwing anti-government protesters in Hong Kong on Sunday, the second day of violent clashes in the Chinese-ruled city. The protesters, many in masks and wearing black, threw several petrol bombs, some taking off down narrow side streets in the pouring rain. Water cannon have […]

Black Clad Hong Kong Protesters Return To Violence

Black Clad Hong Kong Protesters Return To Violence

Saturday, Hong Kong protesters threw bricks and gasoline bombs at police, who responded with tear gas, as chaotic scenes returned to the 12 Summer-long anti-government protests for the first time in nearly 2 weeks. Hundreds of black-clad protesters armed with bamboo poles and baseball bats fought with police officers wielding batons on a main road […]

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008 Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them. After a sell-off erased more than US$600 billion from the city’s equities, attractive valuations stood as a potential bright spot. […]

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth Hong Kong shares edged up on Wednesday, even as investors grappled with lingering worries over global growth and political uncertainty in parts of Asia and Europe. The Hang Seng Index added 0.2% to 26,270.04 after trading in a […]

Hong Kong Government Ignores Protests Yet Hopes For Peace

Hong Kong Government Ignores Protests Yet Hopes For Peace

Hong Kong’s embattled leader Carrie Lam yesterday said she hoped ‘calm will prevail after a massive weekend march passed without clashes between police and demonstrators, but again refused to give ground to protester demands. Hundreds of thousands of people marched through the heart of the city on Sunday in a show of peaceful protest after escalating […]

Alibaba Group Holding Limited (NYSE:BABA) has delayed its up to $15 billion listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) has delayed its up to $15 billion listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) has delayed its up to $15 billion listing in Hong Kong China’s biggest e-commerce company Alibaba Group has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters. Alibaba’s Hong Kong-listing plans are being closely watched by […]

Hong Kong: Hang Seng Index (.HSI) returning to negative territory

Hong Kong: Hang Seng Index (.HSI) returning to negative territory

Hong Kong: Hang Seng Index (.HSI) returning to negative territory Stocks in Asia were mixed on Tuesday, as the People’s Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies. Mainland Chinese stocks were mixed on the day, with the Shanghai compositeshedding earlier as it slipped 0.11% to about 2,880.00. […]

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests

Facebook, Inc. (NASDAQ:FB) have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests Twitter and Facebook have axed around 1,000 accounts to stop the spread of misinformation amid the Hong Kong protests. Twitter told the BBC it removed 936 accounts from mainland China which it said were being used to ‘sow political […]

Capital ‘Flying’ from Hong Kong

Capital ‘Flying’ from Hong Kong

$USD $HKD Residents of Hong Kong are swapping their Hong Kong dollars for other currencies as political unrest affects the local currency, the WS-J reports. Hong Kong’s currency sharply weakened against the USD starting last July, which analysts partly attribute to outflows.  The FT reports Hong Kong’s 10 richest people lost about $15-B since that time. […]

China plans to make Shenzhen a ‘better place’ than Hong Kong

China plans to make Shenzhen a ‘better place’ than Hong Kong

China’s government has unveiled plans to boost the mainland city of Shenzhen and make it into what state media called a “better place” than neighbouring Hong Kong, following another huge pro-democracy rally in the semi-autonomous financial hub. Weeks of rallies, demonstrations, and occupations have plunged Hong Kong into crisis — which Beijing is now framing […]

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism Hong Kong and Chinese stocks are rallying on Monday after China revealed measures to protect and boost its economy. Hong Kong’s Hang Seng Index (HSI) ended up 2.2%, the biggest daily percentage gain in two months. China’s Shanghai Composite Index (SHCOMP) closed 2.1% higher, also […]

Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Limited (NYSE:BABA)

Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Limited (NYSE:BABA)

Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Limited (NYSE:BABA) Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned US$15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering several timetables. New York-listed Alibaba was […]

Hong Kong’s Violent Protest Escalation Timeline

Hong Kong’s Violent Protest Escalation Timeline

Beijing, August 18: Anti-China forces in the West have colluded with local anti-China elements to cause the prolonged unrest in Hong Kong, the Chinese official news agency Xinhua says in a detailed report. ‘Foreign nationals were seen meeting and talking with radical protesters. Recently, leaders of “Hong Kong independence” groups secretly met with officials of […]

Rap Video Featuring Hong Kong’s Pro-Democracy Movement

Rap Video Featuring Hong Kong’s Pro-Democracy Movement

“Get those foreign agents outta town”, roars a music video by a patriotic Chinese rap group, one of a slew of creative efforts by Beijing attacking Hong Kong’s pro-democracy movement as violent and spurred on by overseas governments. The rap video, overlaid with clips of protesters clashing with police and breaking into Hong Kong’s legislative […]

Trump Warns China Violence Against Hong Kong Could End Trade War Resolutions

Trump Warns China Violence Against Hong Kong Could End Trade War Resolutions

US President Donald Trump on Sunday warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries. “I think it’d be very hard to deal if they do violence, I mean, if it’s another Tiananmen Square,” Trump told reporters in New Jersey. “I think […]

Hong Kong Protesters Flood Tourist Hot Spots and Finance Hubs With Violence

Hong Kong Protesters Flood Tourist Hot Spots and Finance Hubs With Violence

Hong Kong democracy activists kicked off a weekend of fresh rallies yesterday in a major test for the movement following criticism over an airport protest earlier this week and as concerns mount over Beijing’s next move. The new marches came as thousands of pro-government supporters many waving Chinese flags gathered in a park to condemn […]

Boycott Chan? Jackie angers woke fans over Hong Kong comments supporting ‘peace’ & ‘patriotism’

Boycott Chan? Jackie angers woke fans over Hong Kong comments supporting ‘peace’ & ‘patriotism’

Kung fu film star Jackie Chan has joined Mulan actress Liu Yifei in stoking outrage over pro-Beijing comments amid heated protests in Hong Kong, his birthplace, and calling for peace. The torches and pitchforks came out online. After a video appeared online earlier this month showing protesters defacing the Chinese flag, a number of Chinese […]

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks Shares in Asia were mixed Thursday afternoon as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. In mainland China, stocks rose on the day following an earlier slip. The Shanghai composite gained 0.25% to 2,815.80, […]

President Trump US “deeply concerned about Hong Kong…”

President Trump US “deeply concerned about Hong Kong…”

Late Wednesday, President Trump tied a US trade deal with China to humane resolution of the weeks of protests wracking Hong Kong, hours after the State Department said it was “deeply concerned” about reports of movement of Chinese paramilitary forces along the Hong Kong border. The State Department warned that continued erosion of the territory’s […]

Why Hong Kong Matters

Why Hong Kong Matters

China’s economy has grown to dwarf Hong Kong’s since 1997, but the mainland remains deeply dependent on the crisis-stricken city as its primary economic gateway to the world. The global financial hub has been shaken by 10 weeks of pro-democracy protests which could have an impact worse than the 2008 global economic crisis, Hong Kong […]

Prix Gontaut-Biron Hong Kong Jockey Club (Gr3) in Deauville

Prix Gontaut-Biron Hong Kong Jockey Club (Gr3) in Deauville

The third major event on this holiday Thursday’s program in Deauville, the Prix Gontaut-Biron Hong Kong Jockey Club (Gr3) is open to aged horses over 1m2f. Leading performers such as Vision d’État, Cirrus des Aigles, New Bay and Talismanic who won the event recently. The race conditions allow former top performers to run at level weight as long as they didn’t win or […]

The Violence in Hong Kong is Being Condemned Around the World

The Violence in Hong Kong is Being Condemned Around the World

Foreign government officials and experts are expressing their condemnation of the violence perpetrated by radical demonstrators in Hong Kong. Emphasizing the significance of “1 country, 2 systems” for the development of Hong Kong, they also voiced their support for the legitimate actions taken by the Hong Kong Special Administrative Region (HKSAR) government and Hong Kong […]

Commentary: Violence in Hong Kong Looks Like ‘Terrorism’

Commentary: Violence in Hong Kong Looks Like ‘Terrorism’

Violent protesters staged a shameful episode of real violence and brutality in full view and broadcast on live television at the Hong Kong International Airport Tuesday. At about 8:00p local time, a group of protesters detained a traveler they claimed to be an undercover police officer from the Chinese Mainland. In lynch mob-style assaults, they […]

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession Hong Kong stocks trimmed early gains to end slightly firmer on Wednesday, as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession, while protests continued to roil the island city. The Hang Seng […]

Hong Kong Airport Reopens, China Tells US “Lay Off”

Hong Kong Airport Reopens, China Tells US “Lay Off”

Hong Kong’s airport resumed operations Wednesday, rescheduling hundreds of flights that had been disrupted over the past 2 days as protesters clashed with riot police in a deepening crisis in the Chinese-controlled city. And rumors of China’s troops assembling at the Mainland border. Police condemned violent acts by protesters overnight and said on Wednesday a […]

President Trump, “China is Moving Troops Toward Hong Kong”

President Trump, “China is Moving Troops Toward Hong Kong”

Tuesday, President Trump Tweeted that US intelligence believes that the Chinese government is moving troops to its border with Hong Kong. President Trump also Tweeted that “Everyone should be calm and safe!” Riot police clashed with pro-democracy protesters outside the Hong Kong Airport for the 2nd day running Tuesday though calm returned to the airport in […]

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears Apprehension over capital outflows triggered by escalating political unrest has driven Hong Kong’s stock market to its lowest this year and pressured its currency, with analysts warning of more weakness. The Hang Seng Index .HSI fell 2.1% to 25,281.30 points on Tuesday, down 16% from the […]

Hong Kong Airport Flooded By Protesters – Travel Insurance Warning

Hong Kong Airport Flooded By Protesters – Travel Insurance Warning

Protests in Hong Kong have spilled over into the international airport — grounding flights, stranding travelers, and nearly halting one of the largest air travel hubs in Asia. In response, InsureMyTrip urges affected travelers to review their travel insurance policy and contact a licensed travel insurance agent for further assistance. For those who purchased a travel insurance policy prior to the […]

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week Market sentiment looks set to be cautious on Monday after a battering last week, following China’s yuan breaching the psychological threshold of 7 against the US dollar, escalating the US-China trade war.On Friday, Chen Yuan, a former deputy governor […]

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong London’s FTSE 100 surrendered early gains on Monday, with Asia-focused shares particularly badly hit by worries over protests in Hong Kong, while tour company Thomas Cook plunged after updating on its recapitalisation plans. The FTSE […]

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed The major Asia Pacific stock indexes are trading mixed on Friday with China and Hong Kong posting losses. Market conditions are much calmer than earlier in the week, which suggests money managers may have priced in most of the negative events with hedges in safe-haven assets like […]

Hong Kong Economy Takes a Hit

Hong Kong Economy Takes a Hit

Empty hotel rooms, struggling shops and even disruption at Disneyland: months of protests in Hong Kong have taken a major toll on the city’s economy, with no end in sight. City leader Carrie Lam has warned that the international financial hub is facing an economic crisis worse than either the 2003 SARS outbreak that paralysed […]

#BoycottCathayPacific Trends as China Moves on Hong Kong

#BoycottCathayPacific Trends as China Moves on Hong Kong

China’s aviation regulator on Friday demanded that Cathay Pacific prevent airline staff who have shown support for pro-democracy protests in Hong Kong from working on flights to the mainland or routed through Chinese airspace. The regulator also ordered the city’s flag carrier to handover identity information of staff on mainland-bound flights starting Sunday — declaring […]

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify Many Chinese investors are piling into products that provide a hedge against a stock market collapse, convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify. The dramatic shattering of […]

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war Hong Kong shares closed modestly higher today, ending a week-long losing streak after spending much of the day in the red as investors remained tense over the escalating US-China trade war. The Hang Seng Index edged up 0.08 per cent, […]

Expect Profit Warnings in Hong Kong

Expect Profit Warnings in Hong Kong

Hong Kong’s flagship airline Cathay Pacific warned Wednesday that increasingly violent protests in the financial hub had hit booking demand. Announcing interim results that showed the airline in the black after huge losses in the first half of last year, chairman John Slosar warned of further impact to the business in response to both the […]

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns Hong Kong stock investors headed for the exit as economic woes, street protests and China’s weak yuan intensified worries over potential outflows from the city. The MSCI Hong Kong Index closed 0.6% lower, its 10th straight decline a day after […]

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes The Hang Seng dropped 2.9 per cent to 26,151.32 for a ninth straight day of declines. The last time when such a run happened was back in March 1997, a few months before the handover of the former British colony and before the Asian financial crisis. […]

Hong Kong Demands Independence

Hong Kong Demands Independence

Peak-hour morning train travel and international flights in Hong Kong were thrown into chaos on Monday as pro-democracy protesters launched an attempted city-wide strike to ramp up pressure on the financial hub’s embattled leaders. Activists descended on key subway stations during the morning rush hour, deliberately keeping open doors to stop trains departing, causing long […]

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July

Hong Kong: HANG SENG INDEX (.HSI) declined Thursday as a private survey showed Chinese factory activity contracted in July Asia Pacific markets declined Thursday as a private survey showed Chinese factory activity contracted in July while official data revealed South Korea’s exports fell. Mainland Chinese stocks slipped on the day: The Shanghai composite fell 0.81% […]

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon

Hong Kong: HANG SENG INDEX (.HSI) trading on the city’s stock market was terminated due to a typhoon Asian markets dropped on Wednesday after US President Donald Trump criticized China in a series of tweets, adding to worries over trade negotiations that resumed recently in Shanghai. Investors are also watching closely for the Federal Reserve’s […]

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low

Hong Kong: HANG SENG INDEX (.HSI) ekes out a gain, as main board turnover slips to a week low The blue chip index recovered some lost ground from the previous session, edging up 0.1 per cent at 28,146.5. But main board turnover dropped 10 per cent to HK$61.7 billion, its lowest in a week. On Monday, […]

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume

Hong Kong: HANG SENG INDEX (.HSI) U.S.-China trade talks are set to resume Stocks in Asia mostly slipped on Monday as investors awaited the resumption of U.S.-China negotiations in Beijing this week amid low expectations for a major breakthrough. Shares in mainland China were mixed on the day, the Shanghai composite slipped 0.12% to 2,941.01, […]

Aegis Custody Receives License in Hong Kong: Digital Asset Financial Services Take a Step Forward

Aegis Custody Receives License in Hong Kong: Digital Asset Financial Services Take a Step Forward

Aegis Custody Company Limited (“Aegis Custody”) is pleased to announce that it has been granted a license as a Trust Company for its digital asset custody business by the Hong Kong Companies Registry of Trust and Company Services Providers. Aegis Custody is a digital asset financial services company headquartered in San Francisco, CA, backed by global […]

Hong Kong Intensifies Crack Down on Protesters

Hong Kong Intensifies Crack Down on Protesters

Riot police officers fired tear gas and rubber bullets in downtown Hong Kong as they repelled tens of thousands of protesters angered over proposed legislation that would allow extraditions to Mainland China. The street confrontation this month when a small number of protesters stormed police barricades outside the Legislative Council and hurled bricks, bottles and […]

Alibaba Group Holding Limited (NYSE:BABA) reportedly plans a second listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) reportedly plans a second listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) reportedly plans a second listing in Hong Kong For years, many large Chinese companies have chosen to list in the U.S. instead of Hong Kong or China. Now, amid a trade dispute between Beijing and Washington, one national champion may lead the way back home. Nearly five years after Alibaba […]

Hong Kong: HANG SENG INDEX (.HSI) set to rise as lingering hopes for progress in Sino-American trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) set to rise as lingering hopes for progress in Sino-American trade negotiations

Hong Kong: HANG SENG INDEX (.HSI) set to rise as lingering hopes for progress in Sino-American trade negotiations Hong Kong shares were set to rise for a third day on Thursday, as lingering hopes for progress in Sino-American trade negotiations and expectations for a rate cut by the U.S. Federal Reserve next week supported sentiment. […]

Hong Kong: HANG SENG INDEX (.HSI) renewed optimism for a breakthrough in China-US trade talks

Hong Kong: HANG SENG INDEX (.HSI) renewed optimism for a breakthrough in China-US trade talks

Hong Kong: HANG SENG INDEX (.HSI) renewed optimism for a breakthrough in China-US trade talks Hong Kong shares closed in positive territory today on renewed optimism for a breakthrough in China-US trade talks. The Hang Seng Index gained 0.20 per cent, or 57.56 points, to 28,524.04. Overall, the bias in prices is: Upwards. By the […]

Hong Kong: HANG SENG INDEX (.HSI) end higher following a global rally

Hong Kong: HANG SENG INDEX (.HSI) end higher following a global rally

Hong Kong: HANG SENG INDEX (.HSI) end higher following a global rally Hong Kong stocks closed higher on Tuesday, following a global rally boosted by expectations that the European Central Bank and the Federal Reserve will cut interest rates. The Hang Seng index rose 0.3 per cent to 28,466.48, while the China Enterprises Index gained […]

Hong Kong: HANG SENG INDEX (.HSI) mostly lower tracking losses on Wall Street

Hong Kong: HANG SENG INDEX (.HSI) mostly lower tracking losses on Wall Street

Hong Kong: HANG SENG INDEX (.HSI) mostly lower tracking losses on Wall Street Asian shares were mostly lower Monday, tracking losses on Wall Street, though a newly launched technology stocks market in Shanghai soared with its trading debut. Prices of the 25 companies listed on the Shanghai Stock Exchange’s STAR Market more than doubled, with […]

Hong Kong: HANG SENG INDEX (.HSI) rise for first time in four days

Hong Kong: HANG SENG INDEX (.HSI) rise for first time in four days

Hong Kong: HANG SENG INDEX (.HSI) rise for first time in four days Chinese stocks closed higher for the first time in four days on Friday, following comments by a Federal Reserve official that suggested the US central bank would cut interest rates more aggressively than anticipated. The Shanghai Composite Index rose 0.9 per cent […]

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact

Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact Hong Kong shares closed lower on Thursday, as investors closely monitor corporate earnings to assess the impact of Sino-U.S. trade frictions amid uncertainty over economic prospects. The Hang Seng index ended down 0.5% at 28,461.66, while the China Enterprises Index closed 0.6% […]

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans

Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans Hong Kong stocks retreated on Wednesday, hit by concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans. The Hang Seng Index eased 0.1 per cent, or 26.45 points […]

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data

Hong Kong: HANG SENG INDEX (.HSI) market awaits U.S. data Hong Kong stocks ended a tick higher on Tuesday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely U.S. rate cut later this month. Encouraging Chinese June data on Monday had […]

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism

Hong Kong: HANG SENG INDEX (.HSI) shares rally on rate cut optimism Hong Kong stocks jumped today, tracking a global advance after congressional testimony by the head of the Federal Reserve all but confirmed the bank will cut interest rates at the end of the month. The Hang Seng Index rose 0.81 per cent, or […]

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity

Budweiser and Alibaba Group Holding Limited (NYSE:BABA) flag Hong Kong dollar oddity The boring Hong Kong dollar has been more exciting of late. A couple months after a U.S. hedge fund manager targeted the currency, it is moving sharply. Two giant upcoming stock sales are a major factor, but the recurring phenomenon flags a peculiarity […]

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak

Hong Kong: HANG SENG INDEX (.HSI) halted a five-day losing streak Hong Kong stocks halted a five-day losing streak on Wednesday as investors awaited a U.S. Congressional testimony by the chairman of the Federal Reserve. The Hang Seng Index closed 0.3% higher at 28,204.69. Social media major Tencent Holdings advanced 1.7% and energy producer CNOOC added 1.4% to rank […]

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month

Hong Kong: HANG SENG INDEX (.HSI) fell amid dampened expectations on the Fed cutting rates this month Asia Pacific stocks mostly declined on Tuesday amid dampened expectations on the Fed cutting rates this month. Mainland China shares mostly continued to fall after losses on Monday. The Shanghai composite edged down 0.18% to close at 2,928.23, […]

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June

Hong Kong: HANG SENG INDEX (.HSI) lower after the U.S. jobs report showed the economy stateside adding 224,000 jobs in June Stocks in Asia were lower on Monday after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve could soon be making a move on interest rates. In mainland China, […]

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street

Hong Kong: HANG SENG INDEX (.HSI) cautious traders ignored a record-breaking lead from Wall Street Hong Kong stocks finished slightly lower today as cautious traders ignored a record-breaking lead from Wall Street, with attention now on the release of US jobs data. The Hang Seng Index eased 0.21 per cent, or 59.37 points, to 28,795.77. […]

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices

Hong Kong: HANG SENG INDEX (.HSI) energy firms taking a hit following a plunge in oil prices Hong Kong stocks eased today as investors cashed out after the previous day’s rally, with energy firms taking a hit following a plunge in oil prices. The Hang Seng Index dipped 0.07 per cent, or 20.42 points, to […]

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal

Hong Kong: HANG SENG INDEX (.HSI) stocks rally on China-US trade talks renewal Hong Kong stocks finished with healthy gains today as investors welcomed the resumption of China-US trade talks and brushed off violent demonstrations that hit the city overnight. The Hang Seng Index rose 1.17 per cent, or 332.94 points, to 28,875.56. The benchmark Shanghai […]

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war

Hong Kong: HANG SENG INDEX (.HSI) rally on restart of talks to end trade war Mainland markets rallied on Monday after Presidents Donald Trump and Xi Jinping hit the pause button on the trade war over the weekend, boosting trading sentiment. The Shanghai Composite ended up 2.22 per cent to 3,044.90, its highest level since […]

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders

Hong Kong: HANG SENG INDEX (.HSI) investors’ hopes of a trade truce between the United States and China rose ahead of a highly anticipated meeting between the countries’ leaders Shares in Hong Kong rose on Thursday, extending the previous day’s cautious gains, as investors’ hopes of a trade truce between the United States and China […]

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday

Hong Kong: HANG SENG INDEX (.HSI) investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump and Xi Jinping on Saturday Health care stocks were top gainers in China and Hong Kong stock exchanges, as investors looked for defensive plays heading into the high-stakes trade talks between presidents Donald Trump […]

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping

Hong Kong: HANG SENG INDEX (.HSI) traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping Asian stocks fell in morning trade on Tuesday, as traders remained cautious ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. China’s Shanghai […]

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) bullish optimism emerging for a thaw in U.S.-China trade talks Asian stock markets struggled Monday, with some spotty gains amid bullish optimism emerging for a thaw in U.S.-China trade talks. The Chinese state-run Xinhua news agency said Sunday that China’s President Xi Jinping will attend the G-20 summit in […]

Top 10 Best Restaurants in Hong Kong

Top 10 Best Restaurants in Hong Kong

Top 10 Best Restaurants in Hong Kong Luring chefs from all over the world, Hong Kong is a wonderland for food-obsessed travelers. In between dim sum and Chinese traditions, you’ll be spoiled for choice when it comes to international flavors. Choose from Lebanese sharing plates and Sri Lankan cuisine, numbing Sichuan or Japanese-Nordic creations. Hong […]

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes

Hong Kong: HANG SENG INDEX (.HSI) Index outperforming world’s major indexes Central banks have helped supercharge a rebound in Hong Kong stocks. The Hang Seng Index jumped 5% last week, beating all other 93 major benchmarks tracked by Bloomberg. That’s its best weekly rally since early November. The Hang Seng Enterprises Index was a close […]

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI)

Trump-Xi meeting news helps lift Hong Kong: HANG SENG INDEX (.HSI) Judging from recent trading sessions, most investors seem sold into thinking that rate cuts by the US Federal Reserve are a certainty. With news that US President Donald Trump and his Chinese counterpart Xi Jinping are set for an “extended meeting” at the G-20 […]

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided

Hong Kong: HANG SENG INDEX (.HSI) gains aided by strong inflows from the mainland even as the protests subsided Hong Kong stocks closed higher on Tuesday, extending a rally from the previous session, aided by strong inflows from the mainland even as the protests subsided. The Hang Seng index ended up 1.0% at 27,498.77 points, […]

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law Hong Kong stocks rallied yesterday, leading many Asian markets higher after last week’s losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law. […]

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong China’s Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to US$20 billion. The split, to be presented to shareholders for a […]

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI) Hong Kong stocks emerged from a topsy-turvy week still in the black — but with considerable worries weighing on sentiment. After surging 2.3% at the start of the week amid global optimism over monetary policy easing, the Hang Seng Index slumped on Wednesday as […]

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments Extradition protests in Hong Kong escalated over the weekend, sending the city’s Hang Seng Index to its lowest point in over five weeks. Protesters continue to rally across the streets, further worsening trading sentiments within the city’s equities markets. According to […]

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center Stocks dropped in Hong Kong on Wednesday as tens of thousands of people marched through the city’s financial district to protest a controversial extradition bill. The Hang Seng index ended the day 1.7% lower. Leading the sell-off were property companies like Wharf […]

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats China stocks led Asian markets higher Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from that country. Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 […]

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong Alibaba’s $25 billion debut on the New York Stock Exchange in 2014 was, at the time, the largest-ever initial public offering in the U.S. Now that the company is said to be planning to raise $20 billion from a […]

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