Tag: kong
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Clinical Catlin triumphs in Hong Kong Open
HONG KONG, Oct 25 : American John Catlin showed nerves of steel as he held local favourite Matthew Cheung and Finnish opponent Kalle Samooja at bay to win the Hong Kong Open, hitting seven birdies in Sunday’s final round to finish five strokes ahead of his nearest challengers.Catlin, who won the Asian Tour Or
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Hong Kong August retail sales rise 5.6%
HONG KONG, Oct 2 : Hong Kong’s August retail sales value jumped 5.6 per cent from a year earlier to HK$32.1 billion ($4.09 billion) for a 16th month of gains, government data showed on Friday.• In July, retail sales value rose 4.5 per cent on the year• Growth was seen across many types of retail…
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Hong Kong launches 4-year euro digital green bond, term sheet shows
HONG KONG, Sept 28 : Hong Kong’s government launched a benchmark-sized, four-year euro green bond in digital form and set final price guidance at 11 basis points above mid-swaps, according to a term sheet on Monday.Here are more details from the sheet:• The bond is due to settle on Tuesday and will p
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Ligent Technologies jumps in Hong Kong debut, outpacing key indices
HONG KONG, Sept 22 : Shares of Chinese fibre-optic communications equipment maker Ligent Technologies jumped as much as 19.2 per cent to HK$39.3 a share in their Hong Kong debut on Tuesday, after the company raised HK$5.67 billion ($722.70 million) with its share sale.The stock last traded at HK$36.20 a share
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Hong Kong proposes easier rules for deals, spin-offs
HONG KONG, Sept 21 : Hong Kong Exchanges and Clearing Ltd on Monday proposed easing rules for listed companies making large deals and spin-offs, as the bourse seeks to boost the city’s appeal as a listing venue.Under a consultation paper produced by HKEX, shareholder approval for most major acquisitions, sale
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Hong Kong Monetary Authority raises rates for first time since July 2023
HONG KONG, Sept 17 : The Hong Kong Monetary Authority raised its base interest rate charged via the overnight discount window by 25 basis points to 4.25 per cent on Thursday, tracking a hike by the U.S. Federal Reserve.Hong Kong’s monetary policy moves in lock-step with the United States as the city’s currenc
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Hong Kong Monetary Authority raises interest rates, tracking Fed move
HONG KONG, Sept 17 : The Hong Kong Monetary Authority on Thursday raised its base interest rate charged via the overnight discount window by 25 basis points to 4.25 per cent, tracking a hike by the U.S. Federal Reserve.Hong Kong’s monetary policy moves in lock-step with the United States as the city’s currenc
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Hong Kong’s Tiananmen activists sentenced to up to seven years in prison
Hong Kong used to be one of the only places in Chinese territory where people could gather to mark the 1989 crackdown.
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Hong Kong, Dubai launch working group to boost financial connectivity
Sept 10 : Hong Kong’s stock exchange said on Thursday it will work with the Hong Kong Monetary Authority (HKMA), the Dubai Financial Services Authority (DFSA) and Nasdaq Dubai to boost financial market connectivity between the two regions.Here are more details: • The parties have established a strate
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Tung Chee-hwa, Hong Kong’s first post-colonial leader, dies aged 89
The tenure of Tung Chee-hwa, Hong Kong’s first leader after the 1997 handover, was marked by crises and protests.
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