Hong Kong: HANG SENG INDEX (.HSI) stocks enjoyed more gains Hong Kong stocks enjoyed more gains at the open on Thursday on growing optimism that China and the United States can reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.72 per cent, or 198.35 points, to 27,605.72 in early […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks Boosted by Beijing Pledge to step up investment in key areas Headline indices of the Hong Kong share market closed higher on Wednesday, 19 September 2018, with investor sentiment buoyed by gains on Wall Street overnight and gains in other Asian market today. Stocks were also boosted by […]
Hong Kong: HANG SENG INDEX (.HSI) Trade Fears Fade Hong Kong and mainland China markets bounced back from earlier losses to finish higher on Tuesday after the US unveiled a new round of tariffs on US$200 billion worth of imported Chinese goods.. The Hang Seng Index rebounded and is establishing a near-term support at about […]
Hong Kong: HANG SENG INDEX (.HSI) fall on fears over US-China tariffs standoff Asian shares were mostly lower Monday on reports that President Donald Trump will soon place tariffs on $200 billion more of Chinese goods, even as officials worked to iron out tensions between the world’s two largest economies. On Saturday, The Wall Street […]
America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market Hong Kong’s stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China’s slowing economy, and individual stocks pushed the city’s benchmark Hang Seng Index (HSI) into a bear market on Tuesday. The index ended the day 0.7% lower, closing more than 20% […]
Typhoon Mangkhut Killed 28 in Philippines, Now Hammering South China Hong Kong and southern China are on Red Alert Sunday as strong winds and heavy rain from super Typhoon Mangkhut lashed the densely populated coast, a day after the biggest storm of the year left at least 28 dead from landslides and drownings in the […]
Philippines Seeing Typhoon Manghut’s Damage, Casualties, Heavy Rains Saturday, Philippine officials were assessing damage and checking on possible casualties as Typhoon Mangkhut pummeled the northern breadbasket with ferocious wind and rain that set off landslides, damaged an airport terminal and ripped off tin roofs. There are no immediate deaths reported but Defense Secretary Delfin Lorenzana […]
China Disappears A-List Actress Fan Bingbing Fan Bingbing, 36 anni, an A-list Chinese movie star who has appeared in the “X-Men” and “Iron Man” film franchises, has more than 62-M followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared. The star dropped out of sight in June when […]
Hong Kong: HANG SENG INDEX (.HSI) Bounces Back Asian stock markets bounced back Thursday, led by strong gains in Japan and Hong Kong, as the U.S. offered to renew trade talks with China. After falling for seven of the past nine sessions, Japan’s Nikkei NIK, +0.96% was up nearly 1% as the index pushed back […]
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market Hong Kong’s Hang Seng Index entered a bear market on Tuesday after the benchmark finished the day down more than 20% from a recent high in January. The index closed at 26,422.55 on Tuesday, plumbing a low not seen since July 2017. A stock market […]
Hong Kong: HANG SENG INDEX (.HSI) plunges into bear market This could mean currency devaluation, selling of US Treasuries or something else, but for now, it’s hard to see a quick solution, especially as the was rhetoric helps the US President in dealing with his political troubles on home soil before the midterm elections. What’s […]
Hong Kong: HANG SENG INDEX (.HSI) Trade war battering smaller Chinese manufacturers, new data shows Mainland China’s benchmark Shanghai Composite Index moved into bear market territory in late June. On Monday it closed down 1.21 per cent, or 32.81 points, at 2,669.49, while the CSI 300 index of larger companies lost 1.45 per cent, or […]
Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]
Hong Kong: HANG SENG INDEX (.HSI) jitters over a potentially severe escalation in the U.S.-China trade war Asian shares fell for the sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the U.S.-China trade war. […]
Hong Kong: HANG SENG INDEX (.HSI) Index sank 269.03 points to 26,974.82 In Hong Kong trading, the Hang Seng Index sank 269.03 points to 26,974.82. The Hang Seng China Enterprises Index, or the H-share gauge, dropped 0.6 per cent. Tencent Holdings, the biggest weighting on the benchmark, slid 3.1 per cent to HK$314.60, the lowest […]
Hong Kong: HANG SENG INDEX (.HSI) Slide as Tariff Threat Builds China’s Shanghai Composite index fell as much as 1.68 percent to 2,704.34 while Hong Kong’s Hang Seng index plunged 2.61 percent to end at 27,243.85. Activity in China’s services sector continued to expand in August, albeit at a slower rate, the latest survey from […]
Hong Kong: HANG SENG INDEX (.HSI) Market Gains are Limited Hong Kong share market closed higher on Tuesday, 04 September 2018, as investors chased for beaten down stocks on tracking gains in Mainland A-share market today. However, market gains were limited on caution of intensifying U. S.-led trade war after U. S. President Donald Trump […]
Hong Kong: HANG SENG INDEX (.HSI) continues to slump Asian stocks fell on Monday as weekend U.S.-Canada trade talks ended with no deal and data showed China’s manufacturing sector recorded the weakest growth in 14 months in August. After contentious U.S.-Canada trade talks ended on Friday with no deal to revamp the North American Free […]
Hong Kong: HANG SENG INDEX (.HSI) Trade War will bring about more uncertainty The recent rally was just a technical rebound, the rebound is over. China’s yuan has tumbled more than 6 per cent over the past three months, making it the worst performer among currencies in Asia. The Hang Sang Index ended down 0.98 […]
Hong Kong: HANG SENG INDEX (.HSI) End of Month Profit Booking Hong Kong share market closed down on Thursday, 30 August 2018, despite both the S&P and NASDAQ hit fresh records overnight, as investors cashed in after a healthy three-day run amid worries about the escalating Washington-Beijing trade war. At closing bell, the Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) gains capped as Chinese lenders pull back after reporting earnings Hong Kong stocks closed higher on Wednesday, rising for a third straight session, but gains were capped as major Chinese banks pulled back after reporting half-year earnings. The Hang Seng Index edged up 0.2 per cent, or 64.82 points, […]
Hong Kong: HANG SENG INDEX (.HSI) Extends Gains Asian stocks rose broadly on Tuesday amid receding trade worries after the United States and Mexico agreed to overhaul the North American Free Trade Agreement (NAFTA). U.S. President Donald Trump also indicated the U.S. would soon begin negotiations with Canada, but suggested that any agreement could be […]
Hong Kong: HANG SENG INDEX (.HSI) stocks rally after Chinese central bank moves to stabilise the yuan The Hong Kong and mainland China stock markets rallied on Monday, after the Chinese central bank signalled it would guide the market more proactively in the face of a stronger US dollar and the ongoing trade war between […]
Hong Kong: HANG SENG INDEX (.HSI) shares fell on Friday morning Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Seng Index slipped 0.69 percent, or 191.00 points, to […]
Hong Kong: HANG SENG INDEX (.HSI) Ends 0.49% Down Headline indices of the Hong Kong share market closed down on Thursday, 23 August 2018, snapping four-day winning streak, weighed down by tracking mixed performance on Wall Street overnight and on caution ahead of the imposition of the latest round of tariffs by the United States […]
Hong Kong: HANG SENG INDEX (.HSI) mostly higher Chinese markets led gains on Tuesday in a mostly positive trading session across Asia, extending their upward climb from the previous day after the banking regulator urged institutions to boost lending in the country. The Shanghai composite rose 35.36 points, or 1.31 percent, to 2,733.82 and the […]
Hong Kong: HANG SENG INDEX (.HSI) Index gained 1.4 per cent Hong Kong and mainland Chinese stock markets rose on Monday ahead of a fresh round of China-US trade talks this week aimed at defusing the ongoing trade war, and as China’s banking regulator stepped up efforts to get banks to increase lending to companies. […]
Hong Kong: HANG SENG INDEX (.HSI) ended 0.8 percent lower The Shanghai Composite Index .SSEC closed down 0.6 percent, while Hong Kong’s Hang Seng index .HSI ended 0.8 percent lower. Hopes that China and the United States could ease trade tensions helped Chinese stocks pare losses. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price […]
Hong Kong: HANG SENG INDEX (.HSI) More trouble lies ahead tocks in Hong Kong extended losses in morning trade after opening lower. At midday, the benchmark Hang Seng Index tumbled 1.52 percent, or 422.29 points, at 27,330.64 while the China Enterprises Index, the H-share gauge, dipped 1.91 percent, or 205.55 points, at 10,538.76. Index heavyweight […]
Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk Hong Kong stocks ended lower on Monday, tracking losses in other Asian markets, as the rout in Turkish lira sent shock waves across emerging markets. The Hang Seng index ended 1.5 percent down at 27,936.57 points, while the China Enterprises Index closed 1.6 percent […]
Hong Kong: HANG SENG INDEX (.HSI) was up 248.16 points or 0.88 percent at 28,607.30 points Investors risk sentiments were subdued amid escalating U. S.-China trade dispute raised concerns about the outlook for global economic growth. China said it will impose 25% tariffs on an additional $16 billion worth of imports from the U. S. […]
Hong Kong: HANG SENG INDEX (.HSI) continues to advance Stocks in Hong Kong continued to advance today. At mid day, the benchmark Hang Seng Index, which opened higher, added 0.42 percent, or 119.96 points, at 28,368.84. while the China Enterprises Index, the H-share gauge, was up by 0.5 percent, or 54.3 points, at 10,920.4. Shares […]
Hong Kong: HANG SENG INDEX (.HSI) ended firmer, led by gains in property stocks The Hang Seng Index rose 1.5 percent Tuesday, building on Monday’s 0.5 percent advance. Developers China Resources Land Ltd. and Wharf Real Estate Investment Co. joined Country Garden in the top 10 performers, all adding at least 3 percent. The top […]
Hong Kong: HANG SENG INDEX (.HSI) rise on better Hang Seng Bank, HSBC earnings Hang Seng Bank reported a 28.6% on-year rise for its first-half net profit to HK$12.64 billion (US$1.6 billion), thanks to an increase in customer lending. Interest income for the six months that ended in June rose 24% to HK$17.36 billion from […]
Hong Kong: HANG SENG INDEX (.HSI) Losing Streak May Continue The Hong Kong stock market has finished lower in three straight sessions, tumbling more than 626 points or 2.2 percent along the way. Hong Kong stocks slumped to a 10-month low on Thursday along with tumbling Chinese stocks,after President Donald Trump said the US was […]
Hong Kong: HANG SENG INDEX (.HSI) fall on new tariff worries Stocks in China retreated amid a report that President Donald Trump’s advisers are urging 25% tariffs on $200 billion of Chinese goods. The Shanghai Composite SHCOMP, -1.80% slid 0.3% while the smaller-cap Shenzhen Composite 399106, -1.72% fell about as much. Hong Kong’s Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower Hong Kong stocks opened lower on Tuesday, following a negative lead from Wall Street as US tech equities tumbled and amid trepidation ahead of key central bank meetings this week. In early trading, the Hang Seng Index was down 0.54 per cent, or 156.08 […]
Hong Kong: HANG SENG INDEX (.HSI) caution ahead of the policy statement of Bank of Japan’s two-day meeting due on Tuesday Hong Kong share market were lower on Monday, 30 July 2018, following Wall Street’s downbeat finish last week and on caution ahead of the policy statement of Bank of Japan’s two-day meeting due on […]
Hong Kong: HANG SENG INDEX (.HSI) banks and property stocks are among the bright spots Hong Kong stocks ended little changed on Friday and mainland Chinese shares fell, amid continuing concern over trade tensions between the US and China, although measures announced this week by Beijing to stimulate the economy offered support. The Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) Trade Worries Caution Investors Hong Kong stocks slipped on Thursday as renewed trade worries prompted caution among investors after a four-day winning streak. The Hang Seng index fell 0.5 percent to 28,781.14 points, while the China Enterprises Index lost 0.5 percent, to 11,021.35 points, both snapping a four-day winning […]
Hong Kong: HANG SENG INDEX (.HSI) gains led by the advance in services and energy The Hang Seng Index climbed 1.01 percent by 3:00 p.m. HK/SIN, with the index’s overall gains led by the advance in services and energy. The Hang Seng Index closed at 28,920.90 points, up 258.33 points, or 0.90 percent. Overall, the […]
Hong Kong: HANG SENG INDEX (.HSI) Forecast is Murky amid renewed geopolitical and trade war concerns. Shares rallied at mid day today in Hong Kong. the benchmark Hang Seng Index added 1.49 percent or 419.90 points at 28,676.02. The Hang Seng finished slightly higher on Monday following gains from the financials and mixed performances from […]
Hong Kong: HANG SENG INDEX (.HSI) vulnerable to a correction towards 29,694.91 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 29,694.91. The projected upper bound is: 29,119.95. The projected lower bound is: 27,301.09. The projected closing […]
Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency. Hong Kong stocks ended higher on Friday, as a sharp […]
Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate amid the intensifying trade spat with the US. The Chinese currency fell as much as 0.5 per cent […]
Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks The economic backdrop is encouraging, with near-term resilience in China and solid corporate earnings. We like selected Southeast Asian markets but recognize a worse-than-expected Chinese slowdown or disruptions in global trade would pose risks to the entire region. Stable fundamentals, cheapening valuations […]
Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data Investors seek for clues from quarterly economic indicators of the initial economic impact from trade war and ongoing financial deleveraging In Hong Kong, the Hang Seng Index added 0.1 per cent, or 14.22 points, to 28,539.66. The Hang Seng China Enterprises Index, […]
Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session Asian stocks closed higher on Friday session, extending gains from the previous session, following the overnight rebound on Wall Street as investors shifted focus to the upcoming corporate earnings season amid a lack of escalation in U.S. and China trade tensions. Moreover, Friday’s […]
Hong Kong: HANG SENG INDEX (.HSI) stocks flat; China June inflation accelerates Hong Kong shares ended Tuesday roughly flat on Tuesday, as China’s June inflation accelerated, showing little impact from the escalating trade frictions with the United States, which threaten to hurt Chinese exports and dampen business sentiment. The Hang Seng index was unchanged at […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks rally at open on Tuesday The Hang Seng Index climbed 1.03 per cent, or 290.54 points, to 28,606.16 on Monday. The benchmark Shanghai Composite Index added 0.19 per cent, or 5.22 points, to 2,752.45, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.30 […]
Hong Kong: HANG SENG INDEX (.HSI) stumbled in June amid intensifying U.S.-China trade frictions Asian equity markets stumbled in June amid intensifying U.S.-China trade frictions, a development that’s also made the outlook for regional stocks less rosy than at the beginning of this year, according to strategists. Apart from the souring of risk appetite among […]
Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump Markets await U.S. trade tariff deadline this week Yuan likely to consolidate at current level – trader Stocks remain under pressure China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would […]
Hong Kong: HANG SENG MAINLAND PROPERTIES I (HSMPI:HK) concerns of Beijing’s fresh restrictions on property investment There have been concerns of Beijing’s fresh restrictions on property investment, which knocked down mainland developers listed in Hong Kong. Hang Seng index ends down 1.8 percent China Enterprises index HSCE falls 2.2 percent HSI financial sector sub-index 1.9 […]
Hong Kong: HANG SENG CHINA ENTERPRISES IND (.HSCE) stocks fall to near 7-month low as yuan’s slide adds to China growth fears China Enterprises index HSCE rises 0.1 pct Hong Kong shares rose slightly on Tuesday, with sentiment aided by a private survey showing China’s services sector expanded at a steady pace in May. ** […]
Hong Kong: HANG SENG INDEX (.HSI) shares start July lower amid trade dispute Hang Seng index ends down 1.8 percent China Enterprises index HSCE falls 2.2 percent HSI financial sector sub-index 1.9 pct lower; property down 2.3 pct The Hang Seng index fell 1.8 percent, to 28,356.26, while the China Enterprises Index lost 2.2 percent, […]
Hong Kong: HANG SENG INDEX (.HSI) explores rule change to curb back-door listings Hong Kong Exchanges and Clearing on Friday proposed a number of new rules to crack down on back-door listings and related “shell companies”, including a ban that prohibits listed companies from selling major assets or shareholdings within three years after a change […]
As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like “nano-flats” and co-shares touted as fashionable solutions. Blocks of sleek miniature apartments packed with mod cons are springing up around the densely packed city, pitched as an attractive and more affordable lifestyle choice, but still at an eye-watering cost. […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24831.17, +0.37% is rising and could test 25000-25200 in here. But, 25200 may act as 1st resistance as I see it on the daily. A break above 25200 indicates more Bullishness medium term. DAX at 13001.24, -0.17% looks Bullish near […]
Bitcoin Moved to Test Key Support Near $9,000 $BTCUSD Thursday, after a quiet start to cryptocurrencies came under selling pressure, with market participants speculating about large blocks of cryptos being offloaded, pushing Bitcoin’s value lower. Bitcoin, the world’s #1 digital currency traded in a $200 range Thursday before giving up $220, or 2.3% quickly. Currently, […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Japan is off it’s holidays, and back in the action. PE DJIA at 24262.51, +1.39% moved up from support at 23500, while that holds, there is room for DIA to rise to 24400 now. The overall range is within 24400-23500, and expect it to hold medium term. DAX at […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside coming for DJIA in here. PE DJIA at 24786.63, +0.87% continued to rise as expected, while it trades above 24500 there is room to rise to 25000-25200 into the end of this week or early next. We wait, we see. DAX at 12585.57, […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways. PE DJIA at 24189.45, -0.90% is trading below 24500 as expected and continues ranged for now with support at 23500. No major movement expected at least in the next 2-3 sessions. DAX at […]
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Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways for sometime. PE DJIA at 24408, +1.79% rose sharply to close on the highs. Sideways consolidation is likely to continue for some more sessions with a possible test to 1st support […]
Xi Speaks, Stock Bulls Listen: Risk is On Globally $DIA, $SPY, $QQQ A new era in the Age of Prosperity is seen Appetite for risk on is strong Tuesday morning, as Chinese President Xi Jinping offered plans to further open up the 2nd largest economy. Xi’s public speech at the Boao Forum came days after […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25410.03, -1.16%, and DAX at 12490.73, -0.29% dipped Tuesday Vs my expectation of further gainers. DAX could test 12400 while below 12600 as mentioned yesterday while DJIA could re-test 25000 near term. Nikkei at 22309.05, -0.36% has come off, and and see a move to […]
Hong Kong Horse Racing: The Chinese New Year The Chinese New Year Raceday has always been one of Hong Kong’s most popular horseracing events, bringing families and friends together in festive celebration. With the Year of the Dog just around the corner, the Hong Kong Jockey Club’s Chief Executive Officer, Mr. Winfried Engelbrecht-Bresges, hosted a […]
Hong Kong Horse Racing: Happy Valley Preview Hong Kong racing features a Group 3 and several high quality races at Happy Valley tonight, here is a preview brought to you by Knightsbridge. Race 1 – PATERSON HANDICAP Wednesday, January 10, 2018, Happy Valley, 19:15 Turf, “B” Course, 1000M, Good Prize Money: $660,000, Rating:40-0, Class 5 Not much […]
Hong Kong Horse Racing: New Years Day Preview Hong Kong Races returns to Sha Tin tonight with a good race card. Here are the Hong Kong Happy Valley selections from Knightsbridge home of quality race horses. Race 1. Kowloon Peak Hcp (C5) “B+2” Course, 1400M, Expected Going: Good Prize Money: $660000, Rating: 40-0, Class 5 1. (6) Scarborough Fair 2. (10) Winning […]
Get 2018 off to a lucky start on January 1 at Sha Tin Racecourse, $80 million Mega-jackpots for the New Year The New Year is just around the corner. Racing fans can get 2018 off to a galloping start by attending the “Lucky Start January 1 Raceday” at Sha Tin Racecourse. And with a total […]
At the opening of the International Conference on the Equine Disease Free Zone (ICEDFZ) today (12 December), Hong Kong SAR and Chinese Mainland authorities signed four memoranda of understanding reinforcing policies and procedures governing the operation of the biosecurity zone in the Conghua District of Guangzhou and related horse movement arrangements between the Club’s new […]
Highland Reel Retires with 7th G1 Win Aidan O’Brien’s message was clear after the G1 Longines Hong Kong Vase on Sunday – Highland Reel (5h Galileo-Hveger, by Danehill) is “Irreplaceable” as the unique son of Galileo heads to a new career as a stallion at Coolmore Highland Reel closed out his globe-trotting career with a […]
Talismanic, Andre Fabre Strong Showing in Hong Kong Vase Talismanic, trained by Andre Fabre and ridden by Maxime Guyon, put in another very gutsy performance to finish second to Highland Reel in the G1 Hong Kong Vase over 12 furlongs on fast turf at Sha Tin, Hong Kong, on Sunday, December 10. The winner on […]
The LONGINES Hong Kong International Races Tips It is the biggest day of the year in Hong Kong with the running of the The LONGINES Hong Kong International Race Series. Here are the tips from Knightsbridge the home of quality horses, you can get the tips of the week all around Asia at www.asiaracingclub.com Race […]
Hong Kong Racing to Come to China Knightsbridge are very excited about the news in China, our 1st syndicated horses will be arriving in China in 2018 and the outlook for the sport there looks bright. By J A McGrath at Godolphin A visit to Hong Kong for the International Races in December never fails […]
Hong Kong Horse Racing: Talismanic All eyes are on Hong Kong as they prepare to host some of the world best racing in the coming week. Zac Purton took the Hong Kong International Jockey Challenge last night, but now some of the best horses in the world line up for a series of Group 1 […]
Hong Kong Racing: Happy Valley Selections Tonight will be the LONGINES International Jockeys’ Championship Hugh Bowman will be defending his title after his victory in last year’s LONGINES International Jockeys Championship, as much as I hate to say it I donn’t think he has Buckley’s of taking out the night, he will also show Hong […]
Rare Pink Diamond Hammered for $32-M in Hong Kong Tuesday, a large oval-shaped diamond known as the “Pink Promise” was sold to an anonymous buyer for $32-M in Hong Kong, just shy of shattering a world auction record. The 14.93-carat vivid pink diamond went for a final price of HK$249,850,000, which comes to $2.14 -M/carat, […]
Hong Kong Racing: Happy Valley Preview Nov 28 Hong Kong Races returns to Happy Valley tonight with a good race card, Hong Kong racing is gearing up for some of the biggest races of the year in December. Here are the Hong Kong Happy Valley selections from Knightsbridgehome of quality race horses. Race 1 – TO KWA […]
Hong Kong Real Estate Defying Gravity $JLL, $HSBC, $JPM Hong Kong’s steaming housing market shows no signs of cooling down anytime soon. Prices in the City have climbed 11% YTD defying skeptics waiting for the bubble to burst and government attempts to rein in the world’s most expensive housing market through a raft of taxes and […]
Hong Kong Races: Happy Valley Selections Nov 22 There is some great racing tonight in Hong Kong and here are the selections from Knightsbridge Bloodstock Race 1 – DUMBARTON HANDICAP Wednesday, November 22, 2017, Happy Valley, 19:15 Turf, “C+3” Course, 1200M, Good Prize Money: $660,000, Rating:40-0, Class 5 1 A FAST ONE 10 GLORY HORSIE 6 TREASURE […]
Bank of China Race Day in Hong Kong Selections A very exciting Bank of China Race Day. The BOCHK Jockey Club Cup is one of three G2 features on Sunday, alongside the BOCHK Wealth Management Jockey Club Mile and BOCHK Wealth Management Jockey Club Sprint (1200m), which are the prime lead-up races to the LONGINES […]
Hong Kong: the World’s #1 City for International Visits Hong Kong to retain its status as the city most visited by international travelers this year in spite of strained relations with Mainland China. In a report published Tuesday, market research firm Euromonitor International said it estimates 25.7 million arrivals in Hong Kong this year, down […]
China to Open Up Financial Markets with Tougher Regulations China’s central bank (PBOC) Governor Zhou Xiaochuan, 69 anni, says that the country’s financial system is becoming significantly more vulnerable due to high leverage. Zhou who has made some stern warnings recently about debt levels in the world’s 2nd-largest, soon to be the world largest economy. […]
Hong Kong Racing News: Hot King Prawn is Hot By David Morgan Champion trainer John Size sealed an early double on Ladies’ Purse Day (Sunday, 5 November) at Sha Tin Racecourse thanks to a pair of bright young prospects, the unbeaten Hot King Prawn and race debutant Conte. Hot King Prawn lived up to the […]
World Stocks Headed to the 12th Month of Gainers $BP, $RYAAY, $BNPQY World stocks headed for a record 12th month of gains Tuesday, as a 5.5 month high in European stocks and records elsewhere underscored one of the most robust Bull markets in history. Europe’s latest rally came as figures from the once-fragile Eurozone showed […]
China Life Insurance Co Ltd (HKG:2628) Target $40 This is one worth buying in Hong Kong. China Life, the country’s biggest life insurer, estimates that its net profits for the first three quarters will surge by 95 percent due to increased investment return. Preliminary calculations show that the company’s profits during the January-September period reached […]
Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B The landmark building owned by Hong Kong’s richest man Li Ka-shing has been sold to a consortium led by a Chinese energy firm. A landmark building owned by Hong Kong’s richest man Li Ka-shing, 89 anni, has sold for a record price a report said last week, […]
In its heyday in the 1980s, more than a thousand brokers dressed in signature red blazers made deals on the trading floor of the Hong Kong Stock Exchange, in what was a raucous, competitive bear pit. But as electronic and internet services burgeoned, brokers drifted away to corporate offices. With just a handful of traders […]
Hong Kong Racing: G2 Premier Bowl Handicap From Knightsbridge’s John Heffernan It’s hard to go past the top 3 Mr Stunning, Thewizardofoz and Luck Bubbles. On past performances Lucky Bubbles has to come out on top, but Thewizardof oz does have “Magic” Joao Moreira on board and that is a real advantage. Thewizardofoz will be […]
Hong Kong Racing: Ladies’ Purse Day Returns Sa Sa International Holdings Limited (“Sa Sa”), and the Hong Kong Jockey Club (“HKJC”) will co-host the 13th Sa Sa Ladies’ Purse Day at Sha Tin Racecourse on 5 November celebrating the city’s much anticipated annual event for ladies, renowned Asian actress Meng Zi-Yi is this year’s Sa […]
Ferrari F2001, s/n 211, to Auction at Sotheby’s New York $RACE, $BID In a landmark moment for the partnership, Sotheby’s (NYSE:BID) is delighted to announce the addition of a 2001 Ferrari F2001 curated by RM Sotheby’s in the Contemporary Art Evening Auction on 16 November in New York. Unveiled during Sotheby’s Hong Kong Autumn Sales […]
Hong Kong Racing News By David Morgan at HKJC Group 1 stars Beauty Only, Mr Stunning, Peniaphobia and Contentment will step out for the first time this term at Sunday’s (1 October) National Day race meeting at Sha Tin Racecourse. Hong Kong’s 2017/18 Group race programme kicks off with twin features, the G3 National Day […]
HSBC Holdings plc (Hong Kong) (HKG:0005) HEFFX Highlights HSBC has admitted it was “wrong” to predict a deep dive in the value of the pound this year, as the banking giant’s bearish currency analysts were forced to revise up their forecasts. The bank had previously said sterling might end the year at $1.20 and parity […]
China Telecom Corporation Limited (HKG:0728) HEFFX Highlights China Telecom Ltd could participate in a plan to inject fresh capital into Oi SA, the Brazilian phone carrier under bankruptcy protection, a senior executive at the Brazilian firm said on Friday. Ricardo Malavazi Martins, Oi’s chief financial officer, said at the sidelines of an event in Rio […]
Bank of China Ltd (HKG:3988) HEFFX Highlights A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London branch, said the capital’s powerhouse financial sector could be a “solution provider” for […]
Tencent Holdings Ltd (HKG:0700) Ready for Global Growth “Arena of Valor” (AOV), the overseas version of Tencent Holdings Ltd (HKG:0700)’s top-grossing game “Honor of Kings”, will be launched this winter on Switch, a popular gaming console developed by Japanese company Nintendo. “The launch of AOV on a mainstream global console is a milestone for the […]
Bitcoin Debate Heats Up, Split Coming $BTCUSD at 3,952.73 Wednesday Bitcoin is likely to split again this November, creating a 3rd version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale up its growing market. Major industry players say consensus between opposing camps looked increasingly unlikely. That opinion was echoed […]
Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Spotify has long been linked with going public in the U.S. — it is speculated to be preparing for an IPO-less listing next year — but it has emerged that the company rebuffed the opportunity to sell to a major tech name earlier this year: Tencent, the Chinese internet […]