City Hong Kong Financial News

17.07 / 17:01

UPS Citi Reuters Waters Southern Orange Typhoon Talim, a severe tropical storm makes landfall in southern China. Top points

Talim. The authorities have also asked residents to stay at home. Tens of thousands of people were being evacuated in southern China and Vietnam on Monday, and dozens of flights cancelled as a typhoon barrelled towards land.

17.07 / 15:53

COST Provident Ripple Evergrande's overdue results show steep losses, liabilities

By Clare Jim

17.07 / 15:29

reports China property giant Evergrande reports $96 billion loss for 2021

Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion in liabilities, as the company released long-delayed results. The loss showed «the existence of material uncertainties that may cast significant doubt on the Group's ability to continue as a going concern,» Evergrande said in a stock exchange filing.

17.07 / 12:05

Blockchain Citi Provident Binance Platform coinbase Hong Kong Is Bullish on Crypto. Its Banks Aren’t So Sure.

Crypto firms used to talk about disrupting the financial system. Now some of them are struggling to find traditional banks that will take their money. That is so even in Hong Kong, where government officials and regulators have launched a charm offensive to win crypto business.

17.07 / 03:07

Trading in Hong Kong markets halted due to Typhoon Talim

Hong Kong stock exchange halted trading in both the securities and derivatives markets on Monday due to approaching Typhoon Talim. The Hong Kong Observatory said storm signal No.

17.07 / 02:29

UPS DOW COMPOSITE NIFTY KOSPI Indian Gift Nifty, Asian shares, cautious Fed to corporate results, among key global cues for Indian stock markets

US Federal Reserve continued to sound cautious, with Governor Christopher Waller Thursday saying that he expected two more rate hikes this year to bring inflation down to the 2% goal, though more good data on prices could obviate the need for the second hike. Also Read: Q1 earnings, global cues & more: Key triggers for stock markets this week Japanese markets are closed for a holiday. China's Shanghai Composite Index declined 0.58% to 3,219.02, while the Shenzhen Composite Index dropped 0.34% to 2,051.13. South Korea’s Kospi dipped 0.43%, while Hong Kong’s Hang Seng index futures were trading around 100 points lower at 19,319.

17.07 / 00:17

Citi Warning Hong Kong Stock Exchange delays trading on typhoon warning

Investing.com-- Hong Kong Exchanges and Clearing (HKEX) announced a delay in its morning trading session on Monday citing adverse weather conditions, as the city hunkered down in the face of its first major typhoon, or tropical cyclone this year.

15.07 / 18:33

COST UPS Target Manufacturing CEO Mobile Who wants the precious mine? A lot is going on in India on critical minerals front

Lithium is the new gold. This soft, silvery white metal is essential for a range of products — from batteries of electric vehicles, mobile phones and laptops to hydrogen fuel storage, air conditioning systems and pharmaceuticals. Even though a vast array of industries hinges on this single metal, India does not produce even a kilogram of it.

14.07 / 03:53

UPS NIFTY SENSEX Nikkei KOSPI Asian stocks Asian stocks push higher on easing Fed fears, China GDP in focus

Investing.com-- Most Asian stocks rose further on Friday, capping off a positive week on signs of cooling U.S. inflation, with focus now turning to upcoming data offering more cues on the Chinese economy.

13.07 / 14:25

CBDC stablecoins Threat India Central Bank Official Warns of 'Existential Threat' from Stablecoin

Reserve Bank of India’s Deputy Governor has warned that stablecoins pose an existential threat to policy sovereignty and are not useful to economies like India.

13.07 / 14:11

Target NYSE VinFast's SPAC partner for US listing extends its lifespan by one year

HANOI (Reuters) — Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that planned to merge with Vietnam's electric automaker VinFast by this month to allow a U.S. listing, voted on Thursday to extend its lifespan by a year.

12.07 / 13:03

Citi Ripple Waters Nikkei Ripples of Fukushima: Hong Kong will ban more Japanese products if radioactive water is released

A top official in Hong Kong says the city will immediately ban the import of aquatic products from 10 prefectures in Japan if it discharges treated radioactive wastewater into the sea

12.07 / 11:15

Platform Tencent Baidu regulatory Beijing's regulatory crackdown wipes $1.1 trln off Chinese Big Tech

China's major tech companies have lost over $1 trillion in value since the government began its regulatory crackdown on the sector more than two years ago. This staggering figure is equivalent to the entire economy of the Netherlands. However, there is now hope among investors that the strict rules that have hindered the industry's growth since late 2020 may begin to ease.

11.07 / 11:59

Blockchain Stablecoin CBDC Adoption regulation Usd Coin China could benefit from yuan stablecoin over its CBDC - Circle CEO

China has long since closed its doors to decentralized cryptocurrencies, but Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.

11.07 / 09:37

Citi Waters Action Southern Hong Kong will ban more products from Japan if treated wastewater is discharged, its leader says

Hong Kong leader John Lee says the city will ban marine products from “a large number prefectures” if Japan discharges treated radioactive wastewater into the sea

11.07 / 06:43

Provident Landmark PwC Tencent NetEase audit US renews audit inspections of Chinese firms

US audit officials have started a fresh round of inspections of New York-listed Chinese companies in recent weeks amid simmering tensions between the world’s two largest economies.

11.07 / 02:45

UPS Provident ANZ MSCI Nikkei end Asian shares jump as investors eye end to Fed hikes, China stimulus

By Julie Zhu

10.07 / 09:53

Adoption Jobs Crypto License Recruiters: Hong Kong's Crypto License Craze Hasn't Translated into Job Opportunities

Despite excitement surrounding Hong Kong's new crypto licensing regime, the city-state has yet to see a surge in new job oppurtunities.

09.07 / 16:19

UPS Citi Provident FIVE Citizens Dreams Backed For Hong Kong's youth, government-backed hostels offer a smidgen of housing hope

By Clare Jim

07.07 / 17:21

Provident Lowe's Target Digital CEO Platform expansion International Bakkt Targets Hong Kong, UK, and EU for International Crypto Expansion

Regulatory uncertainty in the US is driving digital assets platform Bakkt to expand internationally to Hong Kong, the United Kingdom, and the European Union, CEO Gavin Michael noted.

07.07 / 06:05

Lee CoCo Lee, ‘Mulan’ and ‘Crouching Tiger’ singer, dies at 48

Hong Kong-born singer CoCo Lee, whose decades-long career in Asia led to global renown, has died by suicide, her siblings said Wednesday. She was 48 years old.

what's happening in city Hong Kong

What is the current situation in city Hong Kong?

In city Hong Kong, the spotlight is on socially significant developments that impact the interests of residents.

Where can I find reliable news about city Hong Kong?

We publish reliable reports about the situation in city Hong Kong, based on information from regional journalists.

What shapes the media agenda in city Hong Kong?

The news landscape of city Hong Kong is shaped by the region’s internal dynamics, reflecting its specific characteristics.