The Exchange Fund, the war chest used to defend the local currency, reported a 37 per cent decline in first-half earnings as losses in Hong Kong equities and weaker bond returns weighed on performance, the Hong Kong Monetary Authority (HKMA) said on Tuesday. Earnings stood at HK$134.7 billion (US$17.17 billion), down from the record half-year…
SHANGHAI, Sept 23 – China stocks ended largely unchanged on Tuesday, recovering from losses in the morning session as gains in banking shares helped lift sentiment and offset some profit-taking pressure in the tech sector. Hong Kong equities declined. ** China’s blue-chip CSI300 Index closed down 0.1% after falling as much as 1.4% during the…
Southbound capital flowing into the Hong Kong stock market hit an all-time high in the first seven months of 2025, reflecting investor confidence in the city on the back of surging turnover and a revived pipeline of initial public offerings (IPOs). Mainland Chinese investors snapped up more Hong Kong equities so far this year than…
The US bank said it expected Hong Kong’s benchmark to climb to 26,000 in the first half of 2026, assuming geopolitical tensions eased and policy support remained steady. “China faces deflationary pressures rather than inflation, so even if imported energy costs rise, the pass-through effect on corporate earnings is expected to be minimal,” said Pierre…