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Tag: Hong Kong

Posted on September 12, 2024

China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices

American lawmakers have passed a bill that could lead to the closure of Hong Kong’s trade offices, drawing condemnation from its government and Beijing.
Posted on September 10, 2024

China Property Shares Plunge After Removal From Stock Connect

Shares of some Chinese developers dropped in Hong Kong after they were made inaccessible to investors in the mainland, marking another setback for the beleaguered sector.

( read original story …)



Posted on September 10, 2024

Alibaba Shares Rise on Awaited Addition to China Exchange Link

Alibaba Group Holding Ltd.’s stock rose in Hong Kong after it was made directly accessible to investors in mainland China for the first time.
Posted on September 7, 2024

A million people flee their homes as Typhoon Yagi makes landfall in China

A powerful typhoon has swept south of Hong Kong and is moving toward a Chinese island province where it is expected to make landfall, forcing many aspects of life in the region to a halt.
Posted on September 6, 2024

US warns of growing risks of business in Hong Kong

The United States on Friday warned businesses of growing risks operating in Hong Kong, saying that routine activities could run afoul of the financial hub’s new national security regulations. The …
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 …

( read original story …)



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 …

( read original story …)



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.

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