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Tag: Hong Kong

Posted on October 9, 2024

China’s stock rally hits speed bump as investors await more stimulus

Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors booked profits after a blistering rally following disappointment over a lack of more powerful stimulus to revive the …
Posted on October 7, 2024

China’s economy is in bad shape. Can its ‘whatever-it-takes’ stimulus effort turn things around?

After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock …
Posted on October 6, 2024

Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China

Glance up while strolling through parts of downtown Hong Kong and, chances are, you’ll notice the glassy black lens of a surveillance camera trained on the city’s crowded streets.
Posted on October 3, 2024

China Market Update: Hong Kong Takes Breather As Fiscal Policy Bazooka Awaits

Asian equities were lower on Middle East tension and a stronger US dollar except for Japan, which rose on a weaker yen as Mainland China is on holiday until next Tuesday. South Korea was closed for National Day,
Posted on October 3, 2024

Don’t celebrate China’s stimulus just yet

Stockmarkets are rejoicing. As Hong Kong’s market reopened on October 2nd after a public holiday, shares rose by more than 6%, capping a rally of over 20% in a mere six frenetic trading days. But …
Posted on October 2, 2024

China property stocks surge to highest levels in a year as stimulus rally continues

Shares of most Hong Kong-listed Chinese property stocks surged to their highest in over a year, as China’s recent slew of stimulus continue to buoy markets.

( read original story …)



Posted on October 2, 2024

Xi warns of ‘rough seas’ as China celebrates 75 years of communist rule

Commemorations were also held in the former UK colony of Hong Kong and Portugal’s former territory of Macao, both of which returned to Chinese sovereignty in the late 1990s.
Posted on September 26, 2024

China’s stimulus-led stock rally pulls Asia and Europe higher; oil falls

Europe’s Stoxx 600 jumped 1%, closing in on August’s all-time high, while Chinese onshore bluechips and Hong Kong’s Hang Seng Index were both up more than 4%. [.EU] [.SS] An index of mainland Chinese …
Posted on September 25, 2024

China’s NDRC urges firms to use Hong Kong for financing local projects, overseas plans

Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Posted on September 22, 2024

Asian leaders head to U.N., Indonesia polls, Van Gogh sale in Hong Kong

Japanese Prime Minister Fumio Kishida and Iran’s new President Masoud Pezeshkian are among the Asian leaders attending a U.N. General Assembly meeting. There is speculation that Pezeshkian will announce the restart of a stalled agreement that placed limits on Iran’s nuclear program.

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