Hong Kong Brokers Swamped by ‘Once In a Century’ Stock Frenzy
Stock brokers in Hong Kong are having one of the busiest periods in their career, with a 31-year veteran describing the city’s sudden rally as a “once in a century” event.Edmund Hui, chief executive officer of one of Hong Kong’s biggest local brokerages,
Hong Kong brokers are too busy because of ‘once in a century’ stock frenzy
Hong Kong brokers are experiencing a surge in activity, with account openings skyrocketing amid a historic stock rally.
What Happened With Hong Kong-Based Top Financial's Stock Today?
TOP Financial shares soared on heavy volume Wednesday as shares of China-based companies continue to move higher following announcements of China's stimulus packages. Here's a look at what's going on.
Options Scenario That’s Led to Hong Kong Stock Gains Is Back
For six straight days, Hong Kong’s benchmark stocks gauge and a measure tracking the cost of its options moved in the same direction. The last time that happened, the Hang Seng Index went on to surge 30% in about two months.
Hong Kong Stock Market May Run Out Of Steam On Monday
The Hong Kong stock market has climbed higher in four straight sessions, surging more than 2,400 points or 12.4 percent along the
Alibaba and JD.com Battle for Hong Kong Shoppers, Stocks Slide After Stimulus Rally
Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) and rival JD.com, Inc (NASDAQ:JD) are aggressively fighting for market share in Hong Kong. The companies waived delivery fees for certain orders and boosted related services like local product returns in Hong Kong,
Hong Kong Stock Rally Likely Driven by Short Covering, JPM Says
Short covering may have driven outsized gains in Hong Kong stocks on Tuesday after China’s central bank unveiled a broad package of monetary stimulus measures, according to JPMorgan Chase & Co.
Hong Kong stocks surge to 20-month high as China-stimulus rally continues apace
Hong Kong’s equity market surged to a 20-month high on Wednesday as the rally ignited by Beijing’s raft of stimulus measures continued to lift Chinese stocks.
Hong Kong snaps six-day winning streak as China stimulus rally fizzles
Markets in mainland China will remain closed until Oct. 8 for a week-long holiday and South Korea will be shut Thursday for National Foundation Day.
Hong Kong Stocks Rally, Japan Retreats as Asia Continues to Diverge
Stock markets in Asia continued to diverge from each other and the U.S. on Wednesday. The Hang Seng in Hong Kong jumped 6.2% on optimism that China’s stimulus efforts will get the economy out of its post-Covid 19 funk.
China Market Update: Hong Kong Takes Breather As Fiscal Policy Bazooka Awaits
Asian equities were lower on Middle East tension and a stronger US dollar except for Japan, which rose on a weaker yen as ...
Stock market today: Oil prices jump again on worries about the Middle East as Wall Street fades
Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their ...
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The bull market of innovative drug technology is booming, and the leading stock AIM Vaccine has erupted upward
The Hong Kong stock market’s pharmaceutical sector has seen a strong rebound recently. Among them, AIM Vaccine Co., Ltd. (06660.HK) led the rise in the ...
China Market Update: Hong Kong Rises As Alibaba Buys Back 2.1% Of Shares Outstanding In Q3
Mainland China remains closed for the week-long national holiday, Taiwan is closed for a typhoon, and India is closed for ...
Stock market today: Wall Street edges higher as financial markets steady themselves
U.S. stocks are drifting, and crude oil prices are continuing to rise as the world waits to see how Israel will respond to a ...
China’s stock market is closing just as investment outlook is brightening up
The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will ...
China Removes Curbs on Home Buyers, Sparking Stock Market Surge
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making it easier to buy ...