Hong Kong stocks fell on Friday, snapping a three-day gain, after talks between US President Donald Trump and his Chinese counterpart Xi Jinping failed to produce a breakthrough on ending the tariff dispute. The Hang Seng Index eased 0.4 per cent to 23,823.89 at 10.10am local time, trimming the week’s advance to 2.3 per cent….
American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be “over”, even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece…
American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be “over”, even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece…
(Updates prices, adds context) HONG KONG, June 2(Reuters) – Chinese stocks listed in Hong Kong weakened to near a one-month low on Monday and offshore yuan slipped as renewed Sino-U.S. tariff tensions weighed on sentiment. Concerns over U.S.-China trade tensions flared up again following a fresh spat over tariffs. China’s Commerce Ministry rebuked U.S. President…
A wave of listings by Chinese companies is expected to reinvigorate trading activity in Hong Kong, with optimism growing that a robust pipeline of debuts will drive the broader stock market higher. First-time share sales in Hong Kong have raised HK$77 billion ($9.9 billion) this year through May, the most for the period since 2021,…
HONG KONG, – China and Hong Kong stocks retreated on Monday, with automobile and Apple suppliers leading the decline. ** At the midday break, the Shanghai Composite index was down 0.3% at 3,338.42 points. China’s blue-chip CSI300 index was down 0.7%. ** In Hong Kong, the benchmark Hang Seng Index was down 1% at 23,366.06….
Sun Hung Kai Properties (SHKP) sold 73 per cent of the units allocated on Sunday to buyers of its Sierra Sea residential project, capitalising on a sharp fall in interest rates and renewed optimism in the city’s stock market outlook. Hong Kong’s largest developer sold 277 of the 376 units on offer in phase 1B…
Hong Kong can achieve “high-quality development” by leveraging its unique advantages and remaining open, the city’s finance chief has said, as he revealed that the local stock market has outperformed other major indexes so far this year. Writing on his weekly blog, Financial Secretary Paul Chan Mo-po also said that despite worries about the impact…
Hong Kong’s market for initial public offerings (IPOs) has come roaring back. Attractive valuations, strong liquidity and supportive government policies, what’s not to like? Concerns about geopolitical tensions and a trade war have taken a back seat, at least for now. Certainly, a 90-day truce in the tit-for-tat tariffs battle between China and the United…
Hong Kong stocks fell on Tuesday after notching the biggest gain in two months a day earlier, as traders digested the apparent breakthrough in the China-US trade talks. The Hang Seng Index dropped 1.7 per cent to 23,156.89 at the noon break, giving up some of Monday’s 3 per cent gain. The Hang Seng Tech…