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13.01.26 - 03:36
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Hong Kong stocks climb as yuan hits strongest level in nearly 3 years (SCMP)
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Hong Kong stocks opened higher on Tuesday as global investors broadened their focus beyond US markets, fuelling gains across Asian equities, while the yuan advanced to its strongest level against the US dollar since May 2023.
The Hang Seng Index surged 1.8 per cent to 27,074.42 as of 9.45am, the Hang Seng Tech Index rallied 1.6 per cent. On the mainland, the CSI 300 Index edged up 0.3 per cent and the Shanghai Composite Index slipped 0.1 per cent.
Chinese pharmaceutical and healthcare shares......
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13.01.26 - 03:06
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Chip designer GigaDevice surges 45% in Hong Kong debut amid China′s self-reliance drive (SCMP)
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Mainland chip designer GigaDevice Semiconductor jumped more than 45 per cent on its first trading day in Hong Kong on Tuesday, as the Beijing-based firm's debut catered to investor appetite for tech companies amid China's push for self-reliance.
The firm's shares started trading at HK$235, versus the offer price of HK$162. Its shares closed between HK$224.20 and HK$226.80 on the grey market on Monday evening, helping some investors cash in gains of about 40 per cent before the official debut,......
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12.01.26 - 11:54
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Hong Kong property: Citi lifts forecast after Morgan Stanley′s upgrade (SCMP)
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Major financial institutions, including Citi and Bank of America, are increasingly optimistic about Hong Kong's residential property market this year, as lower mortgage rates and strong leasing demand change buying behaviour.
Citi raised its home price forecast to 8 per cent this year, up from 3 per cent in October, citing a faster-than-expected rebound last year.
“[There will be] further acceleration in 2027 under a multi-year upcycle,” said Griffin Chan, head of Asia-Pacific property research......
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12.01.26 - 10:36
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Xpeng′s flying car unit readies Hong Kong IPO for take-off (SCMP)
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Aridge, the affiliate of Chinese electric vehicle maker Xpeng formerly known as AeroHT, is likely to spearhead a listing bonanza of flying car businesses in Hong Kong as its share offering plan edges closer to the runway.
The Guangzhou-based company, controlled by Xpeng co-founder and CEO He Xiaopeng, confidentially filed an initial public offering (IPO) plan with the Hong Kong stock exchange and hired JPMorgan Chase and Morgan Stanley to underwrite the share sale, according to two people with......
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12.01.26 - 09:36
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Aktien Asien: Gewinne - Feiertag in Japan (DPA-AFX)
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TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Die asiatisch-pazifischen Aktienmärkte haben am Montag zugelegt. Die Eskalation der Lage im Iran sowie die Zuspitzung im Streit zwischen US-Präsident Donald Trump und dem Chef der US-Notenbank, Jerome Powell, ......
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12.01.26 - 08:36
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Yuan rally drives mainland China and Hong Kong stocks to strong 2026 start (SCMP)
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A strengthening Chinese yuan has added to a flurry of catalysts driving stocks in mainland China and Hong Kong to solid starts in 2026, with history suggesting the uptrend could hold.
The CSI 300 Index of yuan-denominated onshore equities and the Hang Seng Index have risen more than 3 per cent this year after the currency breached the key 7 per US dollar level, a point not seen in two and a half years.
Historical data indicates that a stronger yuan bodes well for Chinese stocks. HSBC Qianhai......
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12.01.26 - 06:12
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Financial firm Ares doubles Hong Kong office footprint as real estate outlook improves (SCMP)
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Ares Management, one of Asia's largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district.
The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester Tower, where it has been a tenant since 2017, according to a statement from the landlord Hongkong Land on Monday. The new lease will be effective in......
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12.01.26 - 03:36
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Hong Kong stocks edge higher on tech and pharmaceutical gains (SCMP)
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Hong Kong stocks edged higher on Monday, lifted by gains in technology and biopharmaceutical shares that helped push the benchmark index up.
The Hang Seng Index rose 0.3 per cent to 26,308.4 as of 9.45am, the Hang Seng Tech Index rose 0.7 per cent. On the mainland, the CSI 300 Index was little changed and the Shanghai Composite Index rose 0.2 per cent.
Chinese delivery giant Meituan led the tech share gains by rallying 4.2 per cent to HK$102.60. Kuaishou Technology, the short-video platform......
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12.01.26 - 01:36
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Foreign, Hong Kong retailers close stores in mainland China amid changing dynamics (SCMP)
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Mainland China's retail and retail property sectors have suffered another blow amid a fresh wave of store closures by foreign and Hong Kong brands.
“The series of closures come as a combined result of their outdated business models and profound changes in the macroeconomic environment,” said Wang Tianshi, an analyst at Shanghai-based LeadLeo Research Institute.
“Compared with emerging mainland retailers, Hong Kong and foreign brands often remain under a 'selling on the mainland' phase, rather......
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12.01.26 - 00:36
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Which stocks will Hang Seng Bank shareholders consider with their US$14 billion windfall? (SCMP)
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High-dividend yielding Hong Kong and mainland banking stocks are likely to attract investors looking to park some of the HK$106.16 billion (US$13.6 billion) windfall from the Hang Seng Bank privatisation deal, according to analysts.
They tipped Bank of China (Hong Kong) and HSBC to be among the biggest beneficiaries these investors seek as dividend-paying replacements.
About 15,000 Hang Seng Bank shareholders are expected to receive their payout cheques by February 4 in exchange for their......
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