Markets & Investing
Market Update: HSI up 0.47%, trades higher as developed markets rebound
Market Update: HSI up 0.47%, trades higher as developed markets rebound
The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in...
Market Update: HSI down 1.76% on virus resurgence fears
The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over...
Market Update: HSI up by 0.10% amidst gains for financial stocks
The Hang Seng Index (HSI) closed on Tuesday up by 29.58 points or 0.10% to 29,135.73. This was due in part to gains in financial stocks, as well as...
Market Update: HSI up 0.47% amidst recoveries on industrial, healthcare firms
The Hang Seng Index (HSI) opened the trading week up by 136.44 points or 0.47% at 29,106.15, as industrial and healthcare firms rebounded amidst...
HSI welcomes new real estate index
It will reflect stock movement of the 30 largest listed property management companies.
ESR snaps up Blackstone's $3.91b Milestone Portfolio
The portfolio contains 45 industrial real estate assets in Australia.
Market Update: HSI ends week up by 0.61%
The Hang Seng Index (HSI) closed the week up by 176.57 points or 0.61% at 28,969.71. This was due to a strong growth in gross domestic product, which...
Market Update: HSI slips 0.37%
The Hang Seng Index (HSI) closed on Thursday down by 107.69 points or 0.37%, to finish at 28,793.14.
Moody's mulls dropping rating of Huarong Financial Leasing
This comes at the back of Moody’s recent ratings review of its parent company.
Market Update: HSI up by 1.42%
The Hang Seng Index (HSI) closed on Wednesday up by 403.58 points or 1.42% at 28,900.83.
Travel site Trip.com to raise $8.47b in global offering
It priced its offer shares at $268.
IPO funds rose eight-fold in the first quarter
The 32 new listings in the first quarter, raised some $132.8b in IPO funds.
Bilibili offers shares at $808
It projects a $20.2b proceeds from the global offering.
Realord Group gains $892m profit in 2020 after suffering 2019 loss
It has recorded a net gain in its property segments upon revaluation of the Qiankeng property.
Gold-backed currency ACUG trading launched
A million digital tokens worth an ounce of gold will be issued in the first launch.
OSL DS goes live in first virtual asset trades in Hong Kong
The OSL platform allows users to trade digital assets, such as Bitcoin and Ethereum.
Sino-Rich fined $7.2m for anti-money laundering breach
The SFC found $930m worth of questionable cash deposits and transfers made within two years.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong