Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down,
Vendors at Victoria Park fair are eager to clear stock by offering steep discounts before the Lunar New Year fair closes.
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District.Most Read from BloombergWhat Happened to Hanging Out on the Street?
The technology-dominated index slipped 3.07% to finish at 19,341.83. The S&P 500 shed 1.46% and closed at 6,012.28. The Dow Jones Industrial Average managed to add 289.33 points, or 0.65%, settling at 44,713.58.
Hong Kong Chief Executive John Lee also said Donald Trump's second presidency marks a “good start” for US-China relations.
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10.
The London Metal Exchange (LME) on Monday added Hong Kong as one of its global warehouse locations to meet growing demand for the physical exchange of metals between mainland China and the rest of the world,
China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief reprieve for the markets.
Robust demand for China’s government bonds is helping Beijing to raise funds inexpensively to support growth in its fragile economy. Yet a relentless plunge in yields is creating entrenched expectations the People’s Republic is becoming a low-interest-rate country and is undermining President Xi Jinping’s desire for a strong yuan.