Markets & Investing

Benchmark seen soaring to 28,900

The Hong Kong benchmark may jump as much as 23 percent to hit 28,900 this year. This is fueled by the banking and property sectors, according to the...

Benchmark seen soaring to 28,900

The Hong Kong benchmark may jump as much as 23 percent to hit 28,900 this year. This is fueled by the banking and property sectors, according to the...

Hong Kong tops The Globalization Index

Singapore was overtaken by Hong Kong as the most globalised economy in the world.

Hong Kong banking sector remained resilient in 2010

Total loans recorded a 28.6% increase last year, according to Hong Kong Information Services Department.

Exchange fund yielded $79bln in 2010

The Exchange Fund investment return was 3.6%, according to Monetary Authority Chief Executive Norman Chan.

HSBC Global Asset Management relocates Simona Paravani to Hong Kong

Parvani’s global investment experience eyed to strengthen the bank’s investment team in Asia Pacific region.

91% of HK businessmen see a bleak 2011

Respondents with positive expectations fell from 28 per cent to 26 per cent.

284 companies invested in Hong Kong in 2010

Invest Hong Kong beat its annual target for the number of completed projects for the 10th year in a row.

SEHK lists Telefield on Main Board

Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.

Registered companies up 28% in 2010

A record high of 139,530 local companies registered with the Companies Registry last year.

World Bank issues first Chinese renminbi bond in HK

The lender has provided Hong Kong with another strong endorsement of its renminbi bond market as the latter continues to develop itself as a key...

2010 Hong Kong IPO fund-raising size achieves HK$445bn record

SMEs lead in 2011 as they want to take the opportunity to secure investment funds from a HK listing to expand their business.

Exchange fund foreign assets up $111.8 bln in November

The Exchange Fund's foreign assets grew to reach $2.3914 trillion.

ShangPharma appoints J.P. Morgan as depository bank

ShangPharma issued 5.8 million ADSs at $15 per ADS.

CITIC Securities and Crédit Agricole to form global brokerage platform and investment bank

Cooperation aimed to improve leverage of Crédit Agricole CIB activities and client relationships globally and CITICS leadership in China.

Martin Wheatley to quit Securities and Futures Commission

Wheatley has been cited for his zealous efforts in building up Hong Kong's strong regulatory structure amid global financial crisis.

Hong Kong Stock Exchange dominates global IPO markets

The HKEx has raised in the first 11 months of 2010 US$ 61.2 billion in 74 IPOs or 24% of the total global IPO value so far.