hong kong


Gold price dip sparks little cheer; India buyers unmoved

Jul 20 2018

A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger dips.

India-first 'two-wheeler mode' in Google Maps expands to Asia

Jul 20 2018

The "two-wheeler mode" in Google Maps that first arrived in India last December has been extended to Hong Kong, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, Thailand and Vietnam.

Ex-Hong Kong leader sent back to jail on reduced sentence after failed appeal

Jul 20 2018

Former Hong Kong leader Donald Tsang was sent back to jail following the dismissal of a legal appeal against a misconduct in public office conviction, but he had his jail term cut from 20 months to 12 months.

Hong Kong regulator fines HSBC Asia unit $1.2 million for mis-selling bonds

Jul 19 2018

Hong Kong’s securities regulator said it had fined a local unit of HSBC Holdings Plc HK$9.6 million (938,707 pounds) for systemic deficiencies in its bond selling practices.

China to use 'counter-cyclical' measures to curb FX volatility

Jul 19 2018

China’s forex regulator said it was well-equipped to keep currency markets stable amid intensifying trade frictions with the US and prepared to counteract cross-border capital outflow volatility if it arises.

HK, China bourses in talks to include dual-class shares in trading link

Jul 18 2018

The Hong Kong stock exchange said on Wednesday it has agreed to work with China’s bourses towards the inclusion of dual-class shares in a cross-border trading link, marking a step towards resolving a dispute on the issue.

UBS banker appeals HK regulatory action over China Forestry IPO: source

Jul 18 2018

A senior banker at UBS Group AG (UBSG.S) is appealing against Hong Kong regulatory sanctions for his role in the 2009 initial public offering (IPO) of timber company China Forestry, a person with knowledge of the matter said.

LME to launch monthly 'implied pricing' to attract funds

Jul 17 2018

The London Metal Exchange (LME) will launch a new set of synthetic monthly prices to make it easier for investors and funds to invest in base metals as the LME battles competition from other exchanges such as those operated by CME Group Inc.

Hong Kong's bourse brushes off Chinese snub over dual-class shares

Jul 16 2018

Hong Kong’s exchange described as “temporary” a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares, as shares in smartphone maker Xiaomi Corp (1810.HK) recovered from the depths of its 10-percent slide on Monday.

Xiaomi slides after China rules it out of stock connect scheme

Jul 16 2018

Shares of Chinese smartphone maker Xiaomi Corp slumped as much as 10 percent after China’s stock exchanges effectively ruled it out of inclusion in the stock connect scheme that links the mainland and Hong Kong exchanges.

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