Asian equities were largely higher despite a stronger US dollar overnight, except for Hong Kong, which was off while Japan was closed for National Sports Day, which aims to foster healthy minds and bodies through physical activity,
Hong Kong stocks rebound on PBOC’s US$70 billion finance facility, fiscal stimulus hopes
The Chinese central bank’s liquidity boosting tool sparks a 2.5 per cent surge in Hong Kong’s Hang Seng Index.
Five years after fallout, Adam Silver believes NBA will return to China
Five years after the NBA’s last game in China, commissioner Adam Silver believes the league will return to the country at some point. The NBA has not played a game there since 2019, when two preseason games were held in the shadow of controversy after a tweet by then-Houston Rockets general manager Daryl Morey in support of freedom for Hong Kong.
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 …
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 …
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.
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,
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 …
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.
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.