China Last Night KraneShares Key News Asian equities had a strong day on Ukraine peace talks in Turkey while China was off though not significantly. The Hang Seng Index gained +1.12% led by Hong Kong ...
Tag: Kong
Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders
Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors. The Hong Kong Stock Exchange-listed company has report...
Meme Kong – Setting The Standard For Meme Coins
Meme Kong is a brand new, full utility token project providing investor benefits that most meme community tokens lack. Launched on February 2, 2022, $MKONG is completely decentralized finance (DeFi), ...
Huobi Plans To Launch Crypto ETF In Hong Kong- Report
Hong Kong-listed fund manager Huobi Technology is planning to launch an exchange traded fund (ETF) that tracks popular cryptocurrencies. The firm, which is a subsidiary of popular crypto exchange Huob...
Hong Kong faces ‘tough balancing act’ in easing border rules, official says
Hong Kong faces a tough balancing act as the city aims to lift some border restrictions for international travelers starting next month, according to a government official. The Chinese territory inte...
Meituan Leads Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. Meituan (3690 HK) jumped...
Saxo Markets Names Redmond Wong as Market Strategist in Hong Kong
Saxo Capital Markets HK Limited announced on Wednesday the appointment of Redmond Wong as a Market Strategist. With three decades of experience in the financial industry, he will reinforce the broker’...
Evergrande Stock is Suspended in Hong Kong, PBOC May Act
Evergrande Group was suspended in Hong Kong on Monday. Additionally, Evergrande onshore bonds were suspended as well as Evergrande Property Services Group Ltd and Evergrande New Energy Vehicle Group L...
China Evergrande and Its Units Suspend Trading in Hong Kong
(Bloomberg) — Embattled Chinese real estate developer China Evergrande Group along with its other units suspended trading in Hong Kong Monday morning, according to exchange filings. Most Read fr...
Liu He’s Speech Lifts Hong Kong
China Last Night KraneShares Key News Asian equities performed well overnight as the Hang Seng’s gained +7.04%, led by the strong performance of internet stocks following Vice Premier Liu He’s Wednesd...
Bitcoin unaffected by stock market crash in Hong Kong
Today, Hong Kong’s stock market had its worst day in almost 15 years. The Hang Seng China Enterprises Index (HSCEI) lost 7% yesterday and has lost another 4% so far today. It is an index of mainland C...
Rusal investors lose US$6 billion in Hong Kong stock sell-off while aluminium producer deflects all sanctions
The plunge in United Company Rusal, the only Russian company listed in Hong Kong, has erased US$6 billion of value from the world’s largest aluminium producer outside China while the Ukraine con...
U.S. Futures Rise, Bonds Fall; Hong Kong Saps Asia: Markets Wrap
(Bloomberg) — U.S. equity futures climbed Monday, while Treasures fell, as traders weighed inflation risks from commodity-supply disruptions and braced for the Federal Reserve to begin hiking in...
Nio completes Hong Kong stock debut without raising new capital
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Shares of Chinese electric-vehicle maker Nio began trading on Hong Kong’s exchange on Thursday, after the company cho...
Tencent, Meituan, JD.com, And Kuaishou Lead Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities had a mixed day as India, Singapore, Malaysia, and Thailand posted positive returns. Japan, China, and Hong Kong declined and South Korea was close...
Singapore Billionaire Ron Sim’s Revamps V3 Group As Unit Revives Hong Kong IPO
Massage chair maker OSIM is V3 Group’s flagship brand. Courtesy of V3 Group Billionaire Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segm...
Bilibili Reports Q4, Hong Kong Outperforms Mainland China
China Last Night KraneShares Key News Asian equities were mixed but mostly higher. Internet and growth stocks were also a mixed bag as some reported positive earnings. Travel booking platform Trip.com...
Mainland China Outperforms Hong Kong As Investors Assess Geopolitical Risk, Internet Stocks Rebound, Week In Review
China Last Night KraneShares Week In Review Asian equities began the week lower on fears of a Russian invasion of Ukraine and came under further pressure Thursday when the invasion materialized. Mainl...
Animoca Leads $10 Million Funding Round In Hong Kong NFT Platform Amid Crypto Craze
Ucollex is a marketplace that sells NFTs featuring toys and pop culture. Ucollex Ucollex, a Hong Kong-based NFT platform, has pulled $10 million fresh capital from local blockchain game developer Anim...
Hong Kong Billionaire Edwin Leong Takes The Long View On Housing
Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can affo...
HSBC Will Temporarily Shut Down Its Hong Kong Branches
Hong Kong has been suffering from a severe rise in covid-19 infections since 2020. Over 2,000 test results were positive on 22 February. The rapid pace of confirmed cases has caused many banks that op...