Markets & Investing

Hong Kong investors hoarding cash

Hong Kong investors hoarding cash

Seven in ten said they intend to amass more cash to see them safely through the economic crisis.

HKEx facilitates launch of first ever dual counter securities

The listing is for the Harvest MSCI China A Index ETF.

Lifestyles' USD bond issuance gets Baa3 rating from Moody's

The proposed bond issuance will increase Lifestyle's near-term debts but funding stability will also improve, says Moody's.

All the colors of Forex trading

Forex trading is no longer currency rate speculation. The essence of investment in Forex market has become closer to the conventional idea of...

LUKoil delays Hong Kong listing to 2013

LUKoil, Russia's second largest oil company, has postponed its Hong Kong listing to 2013.

Rwandan President urges Hong Kong to invest in his country

Paul Kagame, President of the Republic of Rwanda in central eastern Africa, asked Hong Kong's businessmen to invest in his country and be part of its...

New IPOs welcome news for Hong Kong

Two mainland Chinese companies intend to raise some US$1.1 billion by making their initial public offerings in Hong Kong.

IPO market keeps shrinking

Hong Kong’s stock as a major capital market took another hit when China Everbright Bank Company put its IPO on hold.

ICBC securities service center now open for business

A subsidiary of China’s and the world’s largest bank recently opened its first securities service center in Hong Kong.

StanChart is again Hong Kong’s Euro settlement institution

Hong Kong has reappointed Standard Chartered Bank (Hong Kong) as the Settlement Institution for the Euro Real Time Gross Settlement system.

The bailout theater in Europe will continue indefinitely

The bailout showcase in Europe will continue indefinitely, because strong economic growth is a fantasy and austerity is politically untenable. As...

HKEx completes acquisition of LME

Shareholders of the London Metal Exchange have approved their company’s takeover by the Hong Kong Exchanges & Clearing Ltd.

Foreigners dominate fund management in Hong Kong

Over 60% of all funds invested in Hong Kong in the past five years came from overseas investors.

Societe Generale settles case in Hong Kong

Societe Generale S.A. has agreed to pay US$11 million to Hong Kong customers mislead by a hidden commission fee.

No relief in sight for Hang Seng woes

Hong Kong shares are expected to continue falling once China releases more disappointing economic data this week.

Closing auction might make a comeback

Hong Kong Exchanges & Clearing Ltd might resurrect a controversial practice suspended since 2009.

Gujarat seeks Hong Kong investments

A business delegation from the western Indian state of Gujarat examined bilateral business opportunities with Hong Kong.