Hong Kong

Hong Kong News

  • Emerging ETF Rises Amid Bets China Will Stimulate Economy

    Updated 20 minutes ago

    The iShares MSCI Emerging Markets Index rebounded from a four-week low after data showing a slowdown in China’s expansion bolstered speculation the government will take further steps to stimulate economic growth.

  • Stocks Rise on Earnings, Economy as Oil Gains With Pound

    Updated 46 minutes ago

    Global stocks gained, with the Standard & Poor’s 500 Index climbing for a third day, as companies from Tesco Plc to Yahoo! Inc. and Intel Corp. jumped on earnings and U.S. industrial production increased. Oil and copper rose, while the pound strengthened.

  • Alibaba Said to Plan Hong Kong-Style Fees for IPO Bankers

    Updated 1 hour, 39 minutes ago

    Alibaba Group Holding Ltd. is planning to award about one-third of the fees for its initial public offering in the form of incentive bonuses to coax better performance from underwriters, people with knowledge of the matter said.

  • Citic Pacific to Pay $36B for Parent’s China Assets

    Updated 35 minutes ago

    Hong Kong’s Citic Pacific Ltd. agreed to pay 226.9 billion yuan ($36 billion) to buy Chinese banking and brokerage assets from its state-owned parent, underscoring China’s push to loosen control over the economy.

  • Asian Stocks Rise on Telcos as Investors Weigh China Data

    Updated 20 minutes ago

    Asian stocks rose for the first time in four days amid a rally in telecommunication shares and as investors weighed prospects for stimulus after China’s economic growth slowed to the weakest pace in six quarters.

  • China Shoe Plant Strike Disrupts Output at Nike, Adidas Supplier

    Workers at Nike Inc. and Adidas AG shoe supplier Yue Yuen Industrial Holdings Ltd. in Dongguan, China struck for a third day seeking a 30 percent pay increase and better benefits, disrupting output.

  • Wynn Falls After Analyst Cites Risk of Drop in VIP Bets

    Updated 1 hour, 50 minutes ago

    Wynn Resorts Ltd. and its Macau unit led declines among casino operators with resorts in the Asian gambling hub after an analyst said reduced borrowing in China may lead to a drop in bets by high rollers.

  • HKEx Said to Plan Coal Futures as CEO Li Makes Commodities Push

    Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li is said to be picking coal for his company’s first energy product a year after paying a record price for the world’s top metals bourse.

  • China’s Growth Slows to Six-Quarter Low

    Updated 1 hour, 57 minutes ago

    China’s expansion moderated to the weakest pace in six quarters and property construction plunged, testing leaders’ commitment to keep reining in credit as risks mount of a deeper slowdown.

  • Chinese Stocks Rise as Economic Data Spur Speculation

    Updated 1 hour, 35 minutes ago

    Chinese stocks rose, led by financial companies, as investors weighed prospects for stimulus after data showed the nation’s economic growth slowed to the weakest pace in six quarters.

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