Reuters in Hong Kong

Latest from Reuters in Hong Kong

11 Jan 2014 - 7:52PM
9 Oct 2013 - 1:16PM
Graft trial adjourns for billionaire Kwok brothers

The Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case in decades.

The Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case in decades.

18 Jul 2018 - 5:27PM
SHK Properties posts record profit despite scandal

Sun Hung Kai Properties, the world’s second-largest real estate developer, posted record earnings on Thursday on the back of strong property prices and low interest rates.

Sun Hung Kai Properties, the world’s second-largest real estate developer, posted record earnings on Thursday on the back of strong property prices and low interest rates.

18 Jul 2018 - 5:27PM
18 Jul 2018 - 5:27PM
3 Jul 2018 - 8:55PM
18 Jul 2018 - 5:27PM
Bank of China posts strongest profit growth in a year

Bank of China posted its biggest quarterly profit gain in a year, beating estimates, as interest margins widened following increased demand for credit.

Bank of China posted its biggest quarterly profit gain in a year, beating estimates, as interest margins widened following increased demand for credit.

18 Jul 2018 - 5:27PM
AFC boss slams Bin Hammam 'intimidation'

The AFC's acting chief Zhang Jilong criticised president Mohamed Bin Hammam for attempting to derail an investigation into financial wrongdoing through the use of “intimidation”.

The AFC's acting chief Zhang Jilong criticised president Mohamed Bin Hammam for attempting to derail an investigation into financial wrongdoing through the use of “intimidation”.

18 Jul 2018 - 5:27PM
2 Nov 2012 - 8:12AM
Financial services secretary defends Hong Kong dollar peg

The Secretary for Financial Services and the Treasury Chan Ka-keung said on Friday that the government has no plans to change the Hong Kong dollar’s peg to the US dollar.

The Secretary for Financial Services and the Treasury Chan Ka-keung said on Friday that the government has no plans to change the Hong Kong dollar’s peg to the US dollar.

26 Jan 2018 - 4:12PM
Capital inflows drive Hang Seng to fresh 2012 high

The Hang Seng hit a fresh 2012 high on Wednesday, buoyed by expectations of more capital inflows after the HKMA moved to weaken the Hong Kong dollar for the fourth time in a week.

The Hang Seng hit a fresh 2012 high on Wednesday, buoyed by expectations of more capital inflows after the HKMA moved to weaken the Hong Kong dollar for the fourth time in a week.

18 Jul 2018 - 5:27PM
Hang Seng jumps 1.3pc to 15-month closing high

Hong Kong shares had their best week in seven on Friday, with the Hang Seng Index hitting a 15-month high as fund inflows buoyed hopes of further gains by year-end and encouraged investors to build riskier positions.

Hong Kong shares had their best week in seven on Friday, with the Hang Seng Index hitting a 15-month high as fund inflows buoyed hopes of further gains by year-end and encouraged investors to build riskier positions.

18 Jul 2018 - 5:27PM
26 Nov 2012 - 1:45PM
HKMA steps in to market to defend Hong Kong dollar peg

The Hong Kong Monetary Authority (HKMA) said on Tuesday it had stepped into the market by selling HK$2.7 billion as the currency repeatedly hit the top end of its trading range.

The Hong Kong Monetary Authority (HKMA) said on Tuesday it had stepped into the market by selling HK$2.7 billion as the currency repeatedly hit the top end of its trading range.

26 Jan 2018 - 4:12PM
AIG, PICC Group ink deal to sell life insurance in China

American International Group (AIG) has signed an accord with Chinese state-owned insurer PICC Group to sell life insurance in the world’s second-largest economy, as the US insurer increases its bets in an underdeveloped market.

American International Group (AIG) has signed an accord with Chinese state-owned insurer PICC Group to sell life insurance in the world’s second-largest economy, as the US insurer increases its bets in an underdeveloped market.

18 Jul 2018 - 5:27PM
China shares fall in sharp reversal, Hang Seng slips

The Hang Seng slipped for a second-straight day on Thursday, with Apple’s suppliers hit after the tech giant reported underwhelming quarterly revenue. 

The Hang Seng slipped for a second-straight day on Thursday, with Apple’s suppliers hit after the tech giant reported underwhelming quarterly revenue. 

18 Jul 2018 - 5:27PM
HKMA intervenes again to weaken Hong Kong dollar

The Hong Kong Monetary Authority stepped into the currency market twice on Tuesday as the local currency hit the top end of its trading range.

The Hong Kong Monetary Authority stepped into the currency market twice on Tuesday as the local currency hit the top end of its trading range.

26 Jan 2018 - 4:12PM
12 Jun 2013 - 6:03PM
2 Mar 2013 - 11:55AM
18 Jul 2018 - 5:27PM
20 Dec 2013 - 9:46PM
Esprit profit misses forecasts, shares fall 8pc

Esprit posted a jump in net profit but missed analysts' forecasts as a slowing global economy weighed on sales, sending its shares plunging 8 per cent.

Esprit posted a jump in net profit but missed analysts' forecasts as a slowing global economy weighed on sales, sending its shares plunging 8 per cent.

3 Jul 2018 - 7:51PM
SFC unveils tough new regulation for IPO sponsors

Banks preparing companies for listing on Hong Kong’s stock exchange will be made explicitly liable for IPO prospectuses, under proposals released by the SFC on Wednesday.

Banks preparing companies for listing on Hong Kong’s stock exchange will be made explicitly liable for IPO prospectuses, under proposals released by the SFC on Wednesday.

18 Jul 2018 - 5:27PM
18 Jul 2018 - 5:27PM
4 Dec 2013 - 2:27PM
China Unicom profit jumps on 3G subscriptions

China Unicom (Hong Kong), the country’s second-biggest mobile phone operator, posted a 27 per cent rise in third-quarter net profit after subscribers on its 3G network increased strongly, although the gain lagged estimates.

China Unicom (Hong Kong), the country’s second-biggest mobile phone operator, posted a 27 per cent rise in third-quarter net profit after subscribers on its 3G network increased strongly, although the gain lagged estimates.

18 Jul 2018 - 5:27PM
Banks support Hang Seng as local developers hammered

Hong Kong shares slipped 0.2pc on Monday as local developers tumbled on fears new measures to cool soaring property prices, but losses were limited by strong earnings by Chinese banks.

Hong Kong shares slipped 0.2pc on Monday as local developers tumbled on fears new measures to cool soaring property prices, but losses were limited by strong earnings by Chinese banks.

18 Jul 2018 - 5:27PM
HKMA intervenes again to defend HK dollar peg

The HKMA stepped into the currency market for a seventh time on Thursday by selling almost US$300 million in Hong Kong dollars, as the local currency repeatedly hit the top end of its trading range. 

The HKMA stepped into the currency market for a seventh time on Thursday by selling almost US$300 million in Hong Kong dollars, as the local currency repeatedly hit the top end of its trading range. 

26 Jan 2018 - 4:12PM
CCB planning offshore yuan bond issue in London

China Construction Bank is planning to issue an offshore yuan bond in London, a move to further promote China’s currency outside Asia as Beijing accelerates the process to make it international.

China Construction Bank is planning to issue an offshore yuan bond in London, a move to further promote China’s currency outside Asia as Beijing accelerates the process to make it international.

18 Jul 2018 - 5:27PM