Hong Kong Financial News

19.07 / 02:35

COST UPS Waves Cooper Compilation global economy 500 A $500 billion corporate-debt wave likely to hit the global economy soon

Richard Cooper’s phone is a something of an early alarm bell for the global economy. Lately, it’s been ringing a lot.

19.07 / 02:05

Reuters Manufacturing NIFTY Nikkei KOSPI Indian US stocks Gift Nifty, Asian markets gain following rally in US stocks; check out key global cues for Indian stock market

retail sales rose less than expected in June on a fall in building materials and service station receipts. In Asia, according to the Reuters Tankan survey, which measures confidence among large Japanese companies, business sentiment among manufacturers in Japan declined for the first time in six months in July. Also Read: Day trading guide for today: Six buy or sell stocks on Wednesday - July 19 Japan’s Nikkei 225 gained 1% and the Topix rose 0.94%.

19.07 / 02:01

COST UPS Cooper Compilation Matthews global economy 500 A $500 billion corporate-debt storm builds over global economy

Cooper’s phone is something of an early alarm bell for the global economy. Lately, it’s been ringing a lot. A partner at Cleary Gottlieb, a top law firm for corporate bankruptcies, he’s advised businesses worldwide for decades on what to do when they’re drowning in debt.

18.07 / 21:23

COMPOSITE DAX Nikkei Bank earnings US stocks Global markets update: US stocks gain on strong bank earnings

retail sales rose less than expected in June on a fall in building materials and service station receipts. A separate report showed production at domestic factories unexpectedly fell in June, but rebounded in the second quarter as motor vehicle output increased. The yield on 10-year treasuries declined three basis points to 3.77%. The US dollar rose to 138.85 Japanese yen from 138.67.

18.07 / 21:07

Citi Provident BLOCK Southern creditors reports China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors

China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year

18.07 / 14:47

property companies Evergrande reveals £62bn losses in delayed results

As of 31 December 2022, the firm’s total liabilities amounted to CNY 2.4trn (£260bn)

18.07 / 03:03

China property giant Evergrande loses $113 billion over two years

property giant Evergrande reported Monday a net loss of over $113 billion in 2021 and 2022, and nearly $340 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.

18.07 / 01:45

Ford DOW NIFTY Nikkei KOSPI Indian Gift Nifty trades flat, Asian markets mixed; Check out key global cues for Indian stock market

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 18th July Japan’s Nikkei 225 rose 0.81% and the Topix gained 0.76%. South Korea’s Kospi eased marginally, while the Kosdaq rose 0.76%. Hong Kong’s Hang Seng index futures were around 35 points higher at 19,450.

17.07 / 17:15

Blockchain Ethereum Digital VISA Mobile EUR Backed Sidechain Ethereum Sidechain Gnosis Launches Visa-Backed Debit Card Directly Connected to Crypto Wallet

Blockchain network Gnosis has unveiled two products that allow users to spend their digital assets directly from wallets using Visa's payment system.

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 / 13:05

UPS Fallout Destiny Shell International week International Box Office update: ‘Mission: Impossible 7’ earns $235 million globally in opening week

The collections are 15% more than Mission: Impossible Fallout, reports Deadline. Globally, Mission: Impossible 7 has had the biggest opening weekend as compared to other M:I franchise movies. These results are from 35 international markets, including India, Australia/New Zealand, Brazil, Netherlands, Scandinavia and the UK.

17.07 / 12:45

UPS Citi Target MET recovery Support China's economy misses growth forecasts, raising odds of more support for its tepid recovery

Fox News contributor Kiron Skinner discusses the U.S. 'lecturing' China, Biden officials taking trips to Beijing and NATO memberships amid the Russia-Ukraine war.

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 / 05:11

Citi COMPOSITE NIFTY SENSEX KOSPI Asian stocks Asian stocks muted, Chinese shares slide on weak GDP

Investing.com-- Most Asian stocks moved in a flat-to-low range on Monday, while Chinese markets fell sharply after data showed that economic growth in the country slowed substantially through the second quarter.

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.

15.07 / 06:21

Ripple SEC crypto regulation Bitcoin Bitcoin near 13-month high as investors welcome Ripple ruling

Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a legal victory in which the cryptocurrency XRP was ruled not to be a security. A US judge said on Thursday that Ripple Labs Inc did not violate securities law by selling its XRP token on public exchanges. The case marks the first win for a cryptocurrency company in a lawsuit brought by the US Securities and Exchange Commission.

latest developments in Hong Kong

What is the current situation in Hong Kong?

In Hong Kong, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Hong Kong?

We publish in-depth coverage about the situation in Hong Kong, based on information from official representatives.

What shapes the media agenda in Hong Kong?

The news landscape of Hong Kong is shaped by major cultural and social events, reflecting its unique context.