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Currency News

Earnings outlook helps lift Hong Kong stocks after choppy day

01 Mar 2018 04:41Nikkei Asian Review
With a better earnings growth outlook than seen in many years, the Hong Kong market "will be well supported in the March earnings season," said Paul Pong, managing director at Pegasus Fund Managers, adding that he prefers Hong Kong property developers ... more

Indian-born alleged jailbreaker and terrorism funder 'Romi' in custody over ...

26 Feb 2018 07:06South China Morning Post
An Indian-born Hong Kong resident who sparked a global manhunt over alleged links to terrorism, political killings and a daring jailbreak is facing possible extradition while being held by local police following his arrest for a multimillion-dollar ... more

Hong Kong stock market climbs to three-week high

26 Feb 2018 03:47Nikkei Asian Review
Total turnover on Hong Kong's main board was about 123 billion Hong Kong dollars ($15.7 billion), higher than daily averages over the past two weeks. more

Hong Kong shares set to erase 2018 gains as sell-off deepens

08 Feb 2018 23:26Nikkei Asian Review
SUNeVision Holdings, the technology arm of Hong Kong-listed developer Sun Hung Kai Properties, dropped 9.4%. The company on Thursday reported a 45% increase in profit for the six months ended Dec. 31. more

Hong Kong wine merchant launches wine trading platform

08 Feb 2018 06:33The Drinks Business
The platform, a cross between wine search engine WineSearcher.com, Liv-Ex and online wine auction house iDealWine, offers pricing benchmarks similar to WineSearcher. more

Energy stocks, Wall Street rally lift Hong Kong shares for 14th day

11 Jan 2018 23:03Nikkei Asian Review
In mainland China, the Shanghai Composite Index added 0.1%, while the onshore-traded yuan rose 0.2% against the U.S. dollar to 6.4813. Singapore-headquartered CW Group Holdings jumped 26.4% in Hong Kong after saying it will acquire German machine-tools ... more

Market exchange rates in China -- Jan. 12

11 Jan 2018 19:52Xinhua
BEIJING, Jan. 12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan ... more

Key rates are poised to rise in the first quarter, but what does this mean for ...

01 Dec 2017 18:45South China Morning Post
According to HKMA data, the banks' Hong Kong dollar loan-to-deposit ratio in September was 78.8 per cent, up from 75.7 per cent in February. more
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