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Hong Kong cuts base rate by half point
Hong Kong Makes First Rate Cut Since 2020, Boosting Economy
Hong Kong’s beleaguered real estate market is set for some relief after the city cut its base interest rate for the first time in four years, mirroring the Federal Reserve’s policy easing.
Hong Kong cuts interest rates for the first time in four years after Fed easing
The cut in Hong Kong will be welcome relief for businesses and consumers, who have faced years of steep borrowing costs.
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S. Federal Reserve. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.
Hong Kong stocks waver as traders weigh prospect of more Fed easing
Hong Kong stocks fluctuated between gains and losses after the Fed hinted it was in no hurry to engage in more aggressive policy easing.
2d
Midea's strong Hong Kong debut after $4 bln listing boosts outlook
Midea Group rose as much as 9.5% on its Hong Kong trading debut after the Chinese home appliances maker raised nearly $4 ...
3d
China Market Update: Hong Kong Grinds Higher, China Releases August Economic Data
Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, ...
1d
Hong Kong Bourse May See Profit Taking On Thursday
Ahead of Wednesday's holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved higher in four straight sessions, ...
2d
on MSN
Midea shares leap 9.5% in Hong Kong debut after $4 billion listing
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -Midea Group shares rose as much as 9.5% on their trading debut in Hong Kong ...
1d
Hong Kong sees biggest uptick in cryptocurrency activity in East Asia, new report finds
Hong Kong has seen the biggest uptick in cryptocurrency activity in East Asia amid the city's efforts to become a ...
4d
Hong Kong-focused ETFs set to list on Saudi exchange
Planned listings follow 2023 launch of Hong Kong’s first Saudi equities ETF, which has attracted $1.25bn in assets ...
3d
on MSN
Midea’s Shares Jump on Hong Kong Debut After Raising $4 Billion
Shares of Chinese appliance maker Midea Group Co. rose in their Hong Kong debut after the city’s biggest listing in three ...
CoinDesk on MSN
2d
Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu
Singapore – Animoca Brands is hoping to go public soon, but the final decision on the timeline is dependent on a key ...
9h
Stock Market Today: Dow Crosses 42000, Hits Record in Post-Fed Rally
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
8d
Hong Kong Revises ‘Market Sounding’ Rules to Put Burden on Banks
Hong Kong’s securities watchdog plans to publish market sounding guidelines by year-end, revising its previous draft by ...
15h
China Market Update: Powell’s Rate Cut Powers Asia & China Higher
Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster ...
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