The yuan share trading plan, first unveiled by Financial Secretary Paul Chan Mo-po in February, is part of the government’s efforts to enhance the city’s position as an international financial centre.
The yuan share trading plan, first unveiled by Financial Secretary Paul Chan Mo-po in February, is part of the government’s efforts to enhance the city’s position as an international financial centre.
Tax on withdrawal of funds is down to 3 per cent from 7.5 per cent, a move likely to drive participation and buoy a market seen reaching US$1.4 trillion by 2030.
A combination of Vodafone and Three UK has been speculated for years, and Vodafone has teamed up with CK Hutchison in other markets including Australia.
Tax on withdrawal of funds is down to 3 per cent from 7.5 per cent, a move likely to drive participation and buoy a market seen reaching US$1.4 trillion by 2030.
A combination of Vodafone and Three UK has been speculated for years, and Vodafone has teamed up with CK Hutchison in other markets including Australia.
A combination of Vodafone and Three UK has been speculated for years, and Vodafone has teamed up with CK Hutchison in other markets including Australia.
Stocks found no traction even after a 21 per cent slump last quarter, with traders wary of losses before the local market pauses on Tuesday for a holiday. Tencent, HSBC and Alibaba led decliners.
Stocks found no traction even after a 21 per cent slump last quarter, with traders wary of losses before the local market pauses on Tuesday for a holiday. Tencent, HSBC and Alibaba led decliners.
Net selling in Asian markets in September overturned gains in August, the only positive month in 2022, Goldman says in a report. The exodus since January has surpassed the level seen during the 2008 crisis.
Sinopec plans to delist from London Stock Exchange on November 1, with market observers saying that other mainland Chinese companies could exit overseas markets amid rising political and economic risks.
Stocks found no traction even after a 21 per cent slump last quarter, with traders wary of losses before the local market pauses on Tuesday for a holiday. Tencent, HSBC and Alibaba led decliners.
Net selling in Asian markets in September overturned gains in August, the only positive month in 2022, Goldman says in a report. The exodus since January has surpassed the level seen during the 2008 crisis.
Sinopec plans to delist from London Stock Exchange on November 1, with market observers saying that other mainland Chinese companies could exit overseas markets amid rising political and economic risks.
The limited offer came on the day when five of Hong Kong’s largest banks raised their prime rates for the first time in four years, hot on the heels of a 75-basis point increase in base rate by the local monetary authority.
Stocks suffered steep losses as the Hang Seng Index hit the level not seen since December 2011 on concerns higher borrowing costs will crush demand and push the global economy into a recession.
Stocks suffered steep losses as the Hang Seng Index hit the level not seen since December 2011 on concerns higher borrowing costs will crush demand and push the global economy into a recession.
Hong Kong’s Financial Secretary Paul Chan Mo-po has warned the city to expect “negative growth” in the local economy this year.
Hong Kong’s Financial Secretary Paul Chan Mo-po has warned the city to expect “negative growth” in the local economy this year.
Hong Kong’s rate increase, conducted in concert with US monetary policy to preserve the city’s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.
Hong Kong’s rate increase, conducted in concert with US monetary policy to preserve the city’s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.
