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Tag: Hong Kong

Posted on June 8, 2023

US stocks are in the firing line if China’s economy stalls further

Chinese economic activity has hit a soft spot in recent weeks and Hong Kong’s equity markets have flirted with bear territory as a result.
Posted on June 8, 2023

Lawmakers blasts US plans to include Hong Kong’s sanctioned leader at summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden’s administration to “prohibit” Hong Kong’s sanctioned leader from attending an annual Pacific …
Posted on June 7, 2023

U.S. slaps fresh sanctions on dozen individuals, entities in Iran, China, Hong Kong

have limited the financial channels available to pay for essential foodstuffs and medication, damaging supply chains by restricting the number of suppliers willing to assist sales of humanitarian …
Posted on June 6, 2023

Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East

Strong economic ties between the UAE and Hong Kong have laid the foundation ‘for our banking and investment ecosystems to mutually thrive and optimise’, HKMA chief says The countries’ inclusion in a …
Posted on June 6, 2023

Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East

Strong economic ties between the UAE and Hong Kong have laid the foundation ‘for our banking and investment ecosystems to mutually thrive and optimise’, HKMA chief says The countries’ inclusion in a …
Posted on June 6, 2023

Explainer: How Hong Kong plans to test its digital dollar in $229 bln mortgage market?

Hong Kong ‘s central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim to slash a month-long loan approval …

( read original story …)



Posted on June 6, 2023

Hong Kong police arrest 9 suspects and seize more than 1,000 cannabidiol products since the citywide ban came into force

Two tourists, among those arrested, had other types of drugs in their possession at time of arrests Police also detained 104 people in the Eastern district of Hong Kong on suspicion of fraud, money …

( read original story …)



Posted on June 6, 2023

Longfor leads surge in property developers as Hong Kong stocks hit 2-week high on China stimulus bets

Chinese developers led a rally in Hong Kong stocks as investors pushed the local market benchmark to a two-week high on speculation Beijing will inject stimulus to revive the ailing property market.

( read original story …)



Posted on June 6, 2023

US sanctions group of people and firms from Iran, China and Hong Kong tied to Iran ballistic program

The U.S. is sanctioning a network of people and firms from Iran, China and Hong Kong associated with the alleged development of Iran’s ballistic missile program …

( read original story …)



Posted on June 6, 2023

China’s Property Shares Surge as Investors Bet on Stimulus Hopes

REUTERS/Thomas Peter/File Photo/File Photo Reuters HONG KONG (Reuters) – China property stocks listed in Hong Kong jumped nearly 8% on Tuesday as investors clung to hopes that Beijing would roll out …

( read original story …)



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