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05.05.26 - 09:30
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Research: M Stanley Lists Asia-Pacific Focus Stock Picks (Table) (AAStocks)
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Morgan Stanley released a report on the Asia-Pacific market, stating that its Asia-Pacific (ex-Japan) focus stock list newly added DBS Group (DBSM.SI), while removing United Overseas Bank (UOB.SI).The bank listed its Asia-Pacific focus stock picks as follows:Hong Kong-listed shares:ZIJIN MINING (02899.HK)Other regional sharesCHA......
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01.05.26 - 07:30
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Gold, cruises and Dior: how Hong Kong lenders are enticing wealthy mainland China visitors (SCMP)
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Gold bars, cruises, Dior beauty services and Rosewood Hong Kong vouchers are just some of the incentives Hong Kong's major lenders are offering in hopes of capturing wealthy clients, as visitors from mainland China descend on the city during the golden week holiday starting on Friday.
HSBC, Standard Chartered and Bank of China (Hong Kong) – the city's three biggest banks – Citigroup, DBS Hong Kong, ICBC Asia, Bank of East Asia and Hang Seng Bank have all extended the hours of certain branches on......
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02.02.26 - 15:57
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′Out Of Stock′: As Lunar New Year Looms, AsiaPac Dip-Buyers Emerge In Gold (ZeroHedge)
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'Out Of Stock': As Lunar New Year Looms, AsiaPac Dip-Buyers Emerge In Gold
"I came to buy because the price of gold dropped today," said Ng Beng Choo, a 70-something retiree who arrived early in the morning at the headquarters of Singapore's United Overseas Bank (UOB), the city-state's only bank offering physical gold products to retail investors.
Bloomberg reports that clients and walk-in buyers crowded into a dedicated lounge for bullion transactions.
Overnight, after an initial puke (catch-down) in precious metals, gold prices are bouncing back, as it appears retail investors are 'buying the dip' across AsiaPac.
The extent to which Asian investors buy the dips will play a key role in determining the direction of the market from here.
While the Shanghai benchmark price extended losses after the market opened, it was still trading at a premium over the international price.
Over the weekend, buyers flocked to the country's biggest bullion marketplace in Shenzhen to stock u...
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