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02.01.26 - 05:30
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Midday Takeaway: HSI Up 559 pts; HSTI Up 186 pts; BABA Up over 3%; TENCENT Up over 3%; HSBC HOLDINGS, BOC HONG KONG, SKYWORTH Hit New Highs (AAStocks)
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At midday close, HSI rose 559 pts or 2.2% to 26,189. HSTI rose 186 pts or 3.4% to 5,702. HSCEI gained 201 pts or 2.3% to 9,115.Active Heavyweights:BABA (09988.HK) closed at $147.3, up 3.2%TENCENT (00700.HK) closed at $617, up 3%XIAOMI (01810.HK) closed at $40.26, up 2.4%HKEX (00388.HK) closed at $414, up 1.6%MEITUAN (03690.HK) c......
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02.01.26 - 01:00
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Hong Kong′s affluent investors are multimillionaires by the age of 39: HSBC survey (SCMP)
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Hong Kong's affluent amass at least HK$10 million (US$1.28 million) in liquid assets by the age of 39, with the majority relying on investments to grow their wealth, according to a survey by HSBC.
These wealthy individuals take, on average, eight years to increase their wealth to HK$10 million after they earn their first HK$1 million, the HSBC Affluent Survey released on Friday showed. A similar survey in 2023 showed the average age for Hongkongers to become a millionaire, with HK$1 million in......
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01.01.26 - 19:12
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′The source of all life is here′: plan to mine lithium in Chilean salt flat sparks fears of water scarcity (The Guardian)
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The Colla Indigenous people claim Rio Tinto's plans to extract the key mineral will harm fragile ecosystems and livelihoodsMiriam Rivera Bordones tends her goats in a dusty paddock in the russet mountains of Chile's Atacama desert. She also keeps chickens and has planted quince and peach trees and grapevines, which are watered by a stream winding down the hills towards the Indigenous community of Copiapó.But now the huge British-Australian mining multinational Rio Tinto has signed a deal to extract lithium, the “white gold” of the energy transition, from a salt flat farther up the mountains, and she fears the project could affect the water sources of several communities in the area. Continue reading......
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01.01.26 - 16:24
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UK law firms get ready for crackdown on money laundering (The Guardian)
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Harsher penalties and a 'reshaping' of the sector predicted when Financial Conduct Authority takes over as regulatorUK law firms are bracing themselves for a money laundering crackdown as ministers race to improve the City's reputation ahead of a fresh financial crime review.The Financial Conduct Authority (FCA) has been designated as the new anti-money laundering watchdog for the legal sector, in a move that experts warn could result in “sharper” penalties and ultimately “reshape” the industry. Continue reading......
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01.01.26 - 16:12
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Will Lloyds shares rise 76% again in 2026? (Fool)
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What needs to go right for Lloyds shares to post another 76% rise? Our Foolish author dives into what might happen in the year to come.
The post Will Lloyds shares rise 76% again in 2026? appeared first on The Motley Fool UK....
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01.01.26 - 12:48
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UK ministers face increased pressure to restrict gambling ads (The Guardian)
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Polling indicates strong public backing for a much less permissive approach to promotion, including sponsorshipMinisters will come under mounting pressure to introduce curbs on gambling advertising this year, as MPs and campaigners latch on to polling that indicates widespread public support for tougher restrictions.Policies affecting gambling have been the subject of fierce debate over recent few years, leading to stricter regulation of the £12.5bn-a-year sector and higher taxes announced in November's budget, despite intensive lobbying by the industry. Continue reading......
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01.01.26 - 12:24
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Can the rampant Barclays share price beat Lloyds in 2026? (Fool)
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Harvey Jones says the Barclays share price was neck and neck with Lloyds over the last year, and checks out their form to see who's likely to win in the year ahead.
The post Can the rampant Barclays share price beat Lloyds in 2026? appeared first on The Motley Fool UK....
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