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Tag: Hong Kong

Posted on September 5, 2024

China Market Update: PBOC Considers RRR Cut Ahead Of US Fed Cuts

Asian equities were mixed overnight on little news as Mainland China, Taiwan, and Singapore outperformed, Japan underperformed, and Hong Kong was slightly lower in advance of a typhoon coming tomorrow …

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Posted on August 30, 2024

China Market Update: Hong Kong Gains, Mortgage Refinancing Powers Real Estate, Week In Review

Asian equities were mixed but mostly higher this week as Hong Kong outperformed and South Korea underperformed. Shares in E-Commerce giant PDD were volatile this week as the compa …

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Posted on August 28, 2024

China Market Update: Alibaba’s Dual Primary Listing Becomes Effective, Meituan’s Q2 Beats

Asian equities were largely higher on light volumes except for Mainland China and Hong Kong in advance of Nvidia’s widely anticipated results today. We shouldn’t overthink the price action, as summer …
Posted on August 26, 2024

China Market Update: Hong Kong Gains As Pinduoduo’s Slight Revenue Miss Sends Shares Lower

Asian equities rose despite rising Middle East tensions. Powell’s Friday press conference, confirming a September rate cut, sent the US dollar lower. Hong Kong outperformed as the Hang Seng Index closed just below the 18,
Posted on August 19, 2024

China Market Update: Hong Kong Growth Stock Momentum Continues

Asian equity markets were mixed on light news prior to the US Fed’s Jackson Hole meetings as the US dollar fell against Asian currencies and Hong Kong, Thailand, and Malaysia outperformed while Japan and South Korea underperformed.
Posted on August 14, 2024

China’s US$1.3 billion of ‘dim sum’ bond sale overbought as appetite grows for yuan debt

The uptake augurs well for the finance ministry, which has announced its plan to sell six batches of bonds to raise 55 billion yuan this year in Hong Kong.
Posted on August 14, 2024

Hong Kong must be ‘3 centres, 1 hub’ under plan from China’s third plenum: Paul Chan

City must position itself as international centre for finance, shipping and trade, and a major talent hub, finance chief says in blog post Hong Kong must position itself as an international centre for finance,
Posted on August 9, 2024

China’s sluggish job market pushes tech and finance workers to move to Hong Kong to sell insurance

Lam Yik—Bloomberg via Getty Images Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the …
Posted on August 7, 2024

Indonesia clinches two silver, two bronze medals in IEO

The Indonesian team bagged two silver medals and two bronze medals in the International Economics Olympiad (IEO) held in Hong Kong on July 22-31, …
Posted on August 1, 2024

Indonesia wants Hong Kong to tap its investment potential, plans first-ever business forum

Consul General Yul Edison describes Indonesia as ‘land of opportunities’, as he pushes for greater ties with city This is the first in a series of interviews with consuls general of emerging and belt …

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