Asia Top News and Analysis Hong Kong

  • May 24- Hong Kong stocks ended higher on Friday, but lost ground for a third week in a row, as the Huawei sanctions raised fears about Sino-U.S. trade tensions morphing into a tech cold war. President Donald Trump said on Thursday that Washington's complaints against Huawei Technologies might be resolved within the framework of a U.S.- China trade deal, while...

  • Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018.

    Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows report by JLL.

  • Ankiti Bose, co-founder and CEO of Southeast Asian fashion platform Zilingo.

    At 27, Ankiti Bose is already the CEO of online shopping site Zilingo, and on course to become the first Indian woman to co-found a $1 billion start-up.

  • Still, Dallas Federal Reserve president Robert Kaplan in a Wednesday interview on Fox Business said that to move rates higher or lower, "I would need to see something compelling... Analysts saw little new in the minutes regarding Fed policy, though some noted that policymakers' views may have changed in the intervening weeks since Trump took a harder trade line...

  • May 22- Hong Kong stocks edged higher on Wednesday, but gains were capped by rising trade worries following reports that the United States could blacklist another Chinese tech firm. **That came after the U.S. Commerce Department blocked Huawei Technologies Co Ltd from buying U.S. goods last week. **Beijing is ready to resume trade talks with Washington, China's...

  • James Bullard

    St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal to end their trade war.

  • SHANGHAI, May 22- China's yuan inched lower against the dollar on Wednesday, but the overall downward pressure on the local currency was mild as the central bank signaled its determination to prevent any sharp falls. On Tuesday night, the People's Bank of China said it will issue yuan-denominated bills in Hong Kong in the near future, which analysts said was...

  • A woman holds a Chinese-language sign saying "withdraw the evil law" at a protest outside the Legislative Council in Hong Kong on Saturday, May 4, 2019, as local lawmakers debated a proposal to allow extraditions to mainland China.

    A Chinese official in Hong Kong is urging the quick passage of legal measures to allow fugitives to be transferred to the mainland.

  • *Hang Seng index ends down 0.47% China Enterprises index HSCE inches higher. May 21- Hong Kong's Hang Seng index on Tuesday ended at its lowest close in nearly 16 weeks as investors worried about the risk of escalating trade tensions between Washington and Beijing despite a temporary easing of restrictions China's Huawei. **Washington on Monday temporarily...

  • *Shanghai shares down 0.4%, blue-chips down 0.9%. HONG KONG, May 20- The Chinese stock market ended lower on Monday as trade tensions between China and the United States dragged on, with the focus being fixed on the sticking point of technology transfer. President Donald Trump said in an interview aired on Sunday night that the tariffs on Chinese goods were causing...

  • HONG KONG, May 20- Shares in Mainland China and Hong Kong tumbled on Monday as trade tensions between Beijing and Washington protracted, with U.S. pressure on Chinese technology company Huawei intensifying. **Chinese H-shares listed in Hong Kong fell 0.5%. **The smaller Shenzhen index was down 0.9% and the start-up board ChiNext Composite index was weaker by 0.6%.

  • May 16- Hong Kong stocks ended flat on Thursday, as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions. **The Trump administration hit Huawei with severe sanctions on Wednesday, adding another incendiary element to the U.S.- China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit...

  • May 15- Hong Kong stocks rebounded to close higher on Wednesday as weak economic data from China reinforced expectations that Beijing will roll out more stimulus, while a slight softening in rhetoric from U.S. **Fears of further escalation in trade tensions were slightly eased after Trump cited the trade war with China "a little squabble" and insisted talks...

  • Business man to travel by plane

    The Asia-Pacific region saw the greatest fall in its billionaire numbers in 2018, according to a new study from Wealth-X.

  • 'Sell in May and go away' always happens in Hong Kong: Investor

    Dickie Wong of Kingston Securities says the Greater China markets are set to rebound slightly, but the rebound could be short lived.

  • HONG KONG, May 10- Budweiser Brewing Company APAC Ltd, the Asia business of the world's largest brewer Anheuser-Busch InBev, filed on Friday a draft prospectus with the Hong Kong stock exchange for an initial public offering of its shares. Belgium- based AB InBev, whose beers include Stella Artois and Budweiser, said on Tuesday that it was considering listing a...

  • SHANGHAI, May 9- China stocks continued to slide on Thursday, after U.S. *Fears of the rapidly escalating trade tensions were eased a bit by China inflation data suggesting demand may be starting to perk up thanks to Beijing's stimulus. **China's blue-chip CSI300 index fell 1.9 percent, to 3,597.59 at the end of the morning session, while the Shanghai Composite Index...

  • Protesters take part in a demonstration against Hong Kong's proposed extradition law on April 28, 2019.

    A Hong Kong government proposal to allow extraditions to mainland China is stoking fresh anxiety over the resilience of local autonomy in the financially important former British colony.

  • *Solid Q1 in Brazil, better in United States. The company said the main merit of a Hong Kong listing would be to create a champion in the Asia-Pacific, where sales are still growing and increasingly wealthy consumers are trading up to higher margin premium beers, such as its Budweiser or Corona. It is now present in 16 countries in the Americas, including Argentina...

  • SNC-LAVALIN GROUP INC- WILL BE FOCUSING ON CORE MARKETS ( CANADA, THE U.S., THE U.K., THE MIDDLE EAST, HONG KONG (AS A HUB TO ASIA) AND AUSTRALIA- EXEC, CONF CALL.