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Tag: Hong Kong

Posted on May 2, 2024

Hedge funds make billions as India’s options market goes ballistic

The options boom is propelled by the rapid growth of India’s stockmarket. In January it overtook Hong Kong’s to become the fourth-largest in the world. The Nifty 50, NSE ’s benchmark index, is …
Posted on May 2, 2024

Hong Kong’s negative equity mortgage cases rise to 20-year high

Cases of negative equity in Hong Kong’s residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city’s de facto central bank said. Hong Kong’s …

( read original story …)



Posted on May 2, 2024

Premia Partners announced fee reduction for Premia Vietnam ETF and change of underlying index

Premia Partners, a leading ETF provider from Hong Kong, announces today fee reduction of its Premia Vietnam ETF (the ETF) and change of the underlying index to S&P Vietnam Core Index (USD) NTR (the …
Posted on April 29, 2024

China Market Update: Tesla & Baidu Venture Wins, Panda Diplomacy, & Another Massive Net Buy Day In Northbound Stock Connect

Real estate was the top-performing sector in both Hong Kong, where it gained +4.4% and Mainland China, where it gained +6.39% on reports that Chengdu lifted property …

( read original story …)



Posted on April 29, 2024

Horse racing weekend busy in Hong Kong, Japan, England, France

A busy weekend of horse racing around the globe found Romantic Warrior atop the heap in Hong Kong, T O Royal the king of stayers in Japan and a Godolphin runner shaping up for the Epsom Derby.
Posted on April 29, 2024

As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

Buoyed by the brisk sales of flats following the removal of Hong Kong’s property cooling measures, the city’s developers have this year launched 4,800 new units as of last week, a seven-year high.

( read original story …)



Posted on April 29, 2024

Chinese property shares rally on stimulus hopes

By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing …

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Posted on April 29, 2024

Chinese property developer Kaisa’s liquidation hearing adjourned to May 27

Shares of Kaisa jumped 23% on Monday, in line with the performance of other property peers. Hong Kong’s Hang Seng Mainland Properties Index (.HSMPI) , opens new tab firmed 5.6%, while mainland China’s …

( read original story …)



Posted on April 29, 2024

Singapore bankers took home less than their Hong Kong peers in 2023: Report

Globally, the average bonuses for all financial services professionals were up by 4.9 per cent in 2023. Read more at straitstimes.com.
Posted on April 27, 2024

Pace of Hong Kong’s economic recovery may need to be re-evaluated but no drastic changes to forecasts, finance chief Paul Chan says

Hong Kong’s finance chief has warned of a need to re-evaluate the pace of economic recovery in the city amid possible delays to US interest rate cuts, but added that there will not be any drastic …

( read original story …)



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