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.
China’s stimulus-led stock rally pulls Asia and Europe higher; oil falls
Europe’s Stoxx 600 jumped 1%, closing in on August’s all-time high, while Chinese onshore bluechips and Hong Kong’s Hang Seng Index were both up more than 4%. [.EU] [.SS] An index of mainland Chinese …
China’s NDRC urges firms to use Hong Kong for financing local projects, overseas plans
Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Asian leaders head to U.N., Indonesia polls, Van Gogh sale in Hong Kong
Japanese Prime Minister Fumio Kishida and Iran’s new President Masoud Pezeshkian are among the Asian leaders attending a U.N. General Assembly meeting. There is speculation that Pezeshkian will announce the restart of a stalled agreement that placed limits on Iran’s nuclear program.
The Role Of Indian GCCs In The Next Generation Of Global Leadership
A future where India becomes the preferred hub for global leadership roles in GCCs is steadily becoming a reality. This shift is already visible across Asia, as seen by Schneider Electric’s move to relocate executives to Hong Kong, proving that leadership can transcend geographic boundaries.
PwC Probe Spotlight Shifts to Hong Kong After Record China Fine
The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm was hit with a record fine in the mainland over its audit of failed …
Pakistan to grant Hongkongers visa-free access soon, top envoy says
In exclusive interview with Post, ambassador to China Khalil Hashmi also suggests Hong Kong review decade-old travel alert for his country Pakistan’s ambassador to China has revealed that visa-free …