Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
BPAHK Urges HK Govt to Withdraw Spicy Measure in Property Mkt, Reduce Stamp Duty on Stocks
Lo said that the recovery of Hong Kong’s property and stock markets was not as expected. Lo hoped for the withdrawal of spicy measures in the property market and the reduction of stamp duty in the …
Hong Kong court orders Chinese property developer Evergrande to liquidate
A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble …
Marketmind: Japan GDP on tap, yen hugs 150.00/$
China is still closed but markets in Hong Kong and most of Asia are up and running after the Lunar New Year break, and the local highlights on Thursday will include fourth quarter GDP figures from …
Year of the Dragon bodes well for Hong Kong’s ailing stock market as rate cuts, improving Chinese economy bring hope, say finance chiefs
Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ says Financial Secretary Paul Chan during a ceremony to mark the first day of trading day of the Lunar New Year. He also …
Timely rule change to help flat buying in Hong Kong’s Greater Bay Area
Relaxing daily cross-border remittance caps will make it easier to purchase homes in the development zone, and thus provide incentive for jobseekers and entrepreneurs to move Hongkongers are often …
MGM China Shares Gain as Macau Tourism Recovery Boosts Fourth-Quarter Earnings
By Kimberley Kao MGM China shares rose in Hong Kong trade after the Macau-focused casino operator reported better-than-expected fourth-quarter …
Year of the Dragon bodes well for Hong Kong’s ailing stocks as rate cuts, improving Chinese economy bring hope, officials say
Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ finance chief Paul Chan said on the first trading day of Lunar New Year, citing China’s improving economy and potential …
Developer China South City stock sinks 20% in Hong Kong after warning of multiple bond defaults
Chinese developer China South City Holdings plunged 20 per cent to a new 52-week low after it warned last week that it would default on multiple bonds maturing this year. The Shenzhen-based company …
After France, UPI services now in Sri Lanka and Mauritius: Here’s how NRIs can make payments sitting abroad
NPCI has tie-ups with multiple countries, including Australia, UAE, Saudi Arabia, Singapore, USA, Qatar, Hong Kong, UK, Canada, Oman, and France …