This photo taken on Feb 1, 2025 shows a city view of Hong Kong, South China. [Photo/Xinhua] HONG KONG – China’s Hong Kong has turned heads globally with its initial public offering bonanza expected to steam along in 2026, luring investors who are drooling over Chinese assets bolstered by the country’s growth prospects. The Hong…
Hong Kong’s heavy investment in public works will keep the capital account in deficit, highlighting the need for bond issuances to fund critical infrastructure and long-term development, the finance chief has said as he revealed the annual budget will be delivered on February 25. Financial Secretary Paul Chan Mo-po also said on Sunday that core…
Motley Fool – Wed Dec 17, 4:33PM CST Broadcom(NASDAQ:AVGO), which designs and supplies semiconductor devices and infrastructure software solutions, closed at $326.02, down 4.48%. Trading volume reached 73 million shares, coming in about 287% above versus its three-month average of 26 million shares. How the markets moved today Wednesday’s trading reflected renewed concern about AI…
Motley Fool – 37 minutes ago Nvidia(NASDAQ:NVDA), a leading GPUs and AI solutions developer, closed Monday’s session at $176.29, up 0.73%. Trading volume reached 163 million shares, nearly 15% below its three-month average of 191 million shares. How the markets moved today Monday’s move followed premarket reports of stronger H200 demand from China and fresh…
HONG KONG (AP) — Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper…
Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London…
It’s a short but potentially busy week for markets. After a tough week of losses and intense volatility, investors are on the lookout for the next potential catalyst that could move stocks. The holiday-shortened week will deliver a few key updates before traders go home for Thanksgiving, while volatility could return amid thinner liquidity in…
Nvidia delivered another round of blockbuster results. They say the sequel is never as good as the original, but Nvidia (NVDA 0.02%) seems to be proving that wrong. Three years after the launch of OpenAI’s ChatGPT, which kicked off the artificial intelligence (AI) boom, Nvidia is still posting blockbuster results and blowing past Wall Street…
My top 10 things to watch Monday, Nov. 24 1. The S & P 500 was headed for a higher open early this morning as the stock market attempted to rally during this shortened holiday trading week. It’s a rebound that started on Friday after dovish remarks from New York Fed President John Williams boosted…
By Yoruk Bahceli What matters in U.S. and global markets today U.S. stocks look set to build on Friday’s jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? I’ll get into all the market-moving news below, but first we have exciting…