Reuters in Hong Kong

Latest from Reuters in Hong Kong

China's State Grid buys biggest chunk of HK Electric's IPO
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.

18 Jul 2018 - 5:27PM

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.

Graft trial adjourns for billionaire Kwok brothers
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.

3 Jul 2018 - 7:51PM

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 profit misses forecasts, shares fall 8pc
China art auctioneer debuts in Hong Kong market
Hong Kong's Victor Li, son of 'Superman', has hard act to follow
 ZTE urges US probe be broadened, denies Beijing ties
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.

18 Jul 2018 - 5:27PM

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 posts strongest profit growth in a year
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”.

18 Jul 2018 - 5:27PM

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”.

AFC boss slams Bin Hammam 'intimidation'
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.

18 Jul 2018 - 5:27PM

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 profit jumps on 3G subscriptions
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.

26 Jan 2018 - 4:12PM

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.

Financial services secretary defends Hong Kong dollar peg
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.

18 Jul 2018 - 5:27PM

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.

Capital inflows drive Hang Seng to fresh 2012 high
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.

18 Jul 2018 - 5:27PM

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.

Banks support Hang Seng as local developers hammered
Psoriasis patients seek subsidies for medication
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.

26 Jan 2018 - 4:12PM

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.

HKMA steps in to market to defend Hong Kong dollar peg
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. 

26 Jan 2018 - 4:12PM

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. 

HKMA intervenes again to defend HK dollar peg
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. 

18 Jul 2018 - 5:27PM

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

China shares fall in sharp reversal, Hang Seng slips
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.

26 Jan 2018 - 4:12PM

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.

HKMA intervenes again to weaken Hong Kong dollar
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.

18 Jul 2018 - 5:27PM

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.

CCB planning offshore yuan bond issue in London
China’s CNOOC agrees to alter Nexen’s US oil lease, says reports
 Sotheby’s autumn sales in Hong Kong drop as China economy slows
Exchange Fund income jumps to HK$41.2b in Q3
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.

18 Jul 2018 - 5:27PM

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.

SHK Properties posts record profit despite scandal
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.

18 Jul 2018 - 5:27PM

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.

SFC unveils tough new regulation for IPO sponsors
Macau gambling revenue rises 8pc in November

Gambling revenue in Macau, the world’s largest casino market, rose 7.9 per cent in November year-on-year, boosted by strong spending from China’s emerging middle class.

18 Jul 2018 - 5:27PM

Gambling revenue in Macau, the world’s largest casino market, rose 7.9 per cent in November year-on-year, boosted by strong spending from China’s emerging middle class.

Macau gambling revenue rises 8pc in November
China’s ZTE to post nine-month loss of up to 1.75b yuan
Sotheby’s sets record with HK$4.2bn at Hong Kong autumn sales
Watsons IPO to allow Li Ka-shing to expand in China
 HKMA sold HK$7.4 billion in 3 interventions on Thursday
Strong expansion in Hong Kong's private sector shown by HSBC PMI
Sands China gets approval to sell shares in Macau property