Hong Kong And Asian Shares Gained Despite Trump Tariffs
Hong Kong and Asian share gains are an unexpected phenomenon, as predictions leaned towards a slowing down of the Chinese economy and markets due to the Trump tariffs. Hong Kong shares reached a...
View ArticleHong Kong Shares Suffers Historic Collapse Since 1997 Amid Trade War
Hong Kong stocks experienced their worst day during the global financial crisis from 2007 to 2009, as the index dropped by 12.7%. Hong Kong‘s stock market experienced its largest single-day drop in...
View ArticleChina’s Brokerages Step Up To Boost Market Confidence Amid Trade War
The Shanghai Stock Exchange held a meeting on Tuesday with 10 of China’s brokerages to emphasise the need to stabilise the market against external shocks. As the trade war between the two largest...
View ArticleHow The Hong Kong Financial Sector Is Adopting GenAI
A recently conducted study revealed that the financial service industry in Hong Kong is swiftly adopting GenAI into its operations. While the possibility of artificial intelligence (AI) taking over...
View ArticleOil Prices Record Weekly Loss Despite Global Supply Set To Expand
Oil prices edged higher but were prepared for a weekly loss, as a potential increase in OPEC+ output and the possibility of a ceasefire between Russia and Ukraine could raise supply. The volatility of...
View ArticleIPO Rush to Hong Kong Exchange as Companies Race to Capitalize the Market...
Richard Wang, a partner at Freshfields, expressed that the Hong Kong market is still healthy, with strong momentum and prices that could hold up until the year-end. Initial public offerings (IPO)...
View ArticleChery Raises $1.5 Billion in Hong Kong IPO without Wall Street Banks
Chery selected JPMorgan Chase to work on the offering in late 2024, but is no longer involved. One of the biggest listings of the year is gaining ground in Hong Kong without the help of Wall Street...
View ArticleAfter Years in the Shadows, Emerging Markets Are Back in the Spotlight
Even while the S&P 500 has recovered recently, the gauge was flat for the year, and its emerging market equivalent was up 10%. After years of missing out on the surges in US stock, the faithful...
View ArticleChime Shares Jump 59% As It Makes Nasdaq Debut
Chime’s stock opened at $43, compared with the IPO price of $27, and last traded at $39.90. The digital bank and some of its investors sold 32 million shares to raise $864 million in the IPO. San...
View ArticleWeakening Dollar Makes Investors Reduce Dollar Exposure to Protect US Equity...
Managers are now cutting their dollar exposure and increasing hedge ratios for US stock portfolios. Overseas asset managers and pension funds are increasingly taking steps to protect against a...
View Article