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Hong Kong stocks likely to rise amid escalating Middle East tensions

11 min 23 sec ago

Hong Kong’s dollar touches red line at 35-year low

1 hour 27 min ago

Chart of the day: Volatility returns to China market

1 hour 27 min ago

Multinationals to leave Central in search of cheaper office rents

2 hours 30 min ago

Ripple investing US$25 million in a blockchain-focused fund

The Hong Kong dollar has been pegged at 7.8 per US dollar since October 1983, with a trading band of 7.75 to 7.85 added in 2005. Photo: Jonathan Wong

Hong Kong’s dollar touches red line at 35-year low

The Hong Kong dollar deteriorated to 7.8500 per US dollar, its weakest level in 35 years, touching the lower limit of a trading band that compels the monetary authority to step in to prop up the currency.

12 Apr 2018 - 9:17am More on Currencies

White House Press Secretary Sarah Sanders speaks to the media in Washington on Wednesday. Earlier, President Trump taunted Russia in a tweet, saying they should “get ready” for missile strikes in Syria in response to Syria's reported chemical weapons attack against a rebel-held town in Eastern Ghouta. Photo: EPA. Photo: EPA

Stock Talk

Hong Kong stocks likely to rise amid escalating Middle East tensions

12 Apr 2018 - 9:18am More on China stock market

IMF Managing Director Christine Lagarde spoke to the Post after giving a speech at University of Hong Kong on Wednesday. Photo: Jonathan Wong

Economy

IMF chief expresses concern over global debt … including China’s

11 Apr 2018 - 11:41pm 18 More on China Economy

Office rents in greater Central, which includes the districts of Central, Admiralty and Sheung Wan, rose by 8.7 per cent from the same period in 2017 in the first quarter this year. Photo: Sam Tsang

Hong Kong & China

Multinationals to leave Central in search of cheaper office rents

12 Apr 2018 - 8:01am 2 More on Hong Kong property

Forget the trade war, China wants to win the arms race in computing

Global Economy

Forget the trade war, China wants to win the computing arms race

9 Apr 2018 - 1:04pm 3 More on Artificial intelligence

More Headlines

Trade war will probably not end in Armageddon, but be wary

China Institute forum in New York to address rising US-China tensions

Robots are managing this bank in Shanghai

Chart of the day: Volatility returns to China market

Shanghai developers receive pre-sale permits, but there’s a catch

From Zuckerberg to Weinstein, founder CEOs can become too big to fail

China inflation slows in sign of ebbing economic growth

Hong Kong stocks end higher after daily Connect quotas quadrupled

Representations of (left to right) the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard. Photo: Reuters

Ripple investing US$25 million in a blockchain-focused fund

12 Apr, 6:57am

The Hong Kong dollar, the biggest loser among a dozen Asian currencies against the euro last year, weakened to 7.8499 per US dollar on Wednesday, the weakest level since 1983

Hong Kong’s currency peg should remain, IMF’s Lagarde says

12 Apr, 6:28am 9

Martin Lau Chi-ping, president of Tencent Holdings, joined Tencent in 2005 as chief strategy and investment officer, before being promoted to the president a year later. Photo: David Wong

Tencent president doubles annual salary to US$38 million in 2017

11 Apr, 11:31pm

HNA is seeking to trim its debt, one of the largest in corporate China. Photo: Reuters

HNA postpones Swissport Sale, shelving second IPO in two weeks

11 Apr, 1:46pm

Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua

China urged to carefully carry out privatisation of state-owned units

11 Apr, 11:23pm 5

FDI transactions between the two countries totalled US$43.4 billion last year, a 28 per cent drop from the US$60 billion recorded in 2016. Photo: Reuters

China-US investment plunges amid curbs from both sides

11 Apr, 6:08pm

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Invest in Overseas Properties

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Opinion

Chart of the day: Volatility returns to China market

Chart of the day: Volatility returns to China market

12 Apr 2018 - 8:01am

A trader ponders screens at the New York Stock Exchange on March 22, a day when the Dow Jones Industrial Average dropped more than 700 points following President Donald Trump’s announcement to impose tariffs on products imported from China. Photo: Xinhua

Aidan Yao

Trade war will probably not end in Armageddon, but be wary

11 Apr 2018 - 10:30pm 1

Wind turbines off the coast of Jeju, South Korea. UBS’ new portfolio will allocate some assets to green bonds issued for the purpose of financing environmental projects. Photo: Bloomberg

Companies

UBS launches first pure green portfolio in Asia

9 Apr 2018 - 1:39pm

Trump says China ‘will take down’ trade barriers as Beijing’s mouthpieces accuse Washington of abusing national security reviews and warn that Beijing has plenty of ammunition for a fight

China

Trump softens trade stance as Beijing puts on tough face

9 Apr 2018 - 1:29pm 361

The global cryptocurrency market capitalisation grew 34-fold in 2017, but has receded 57 per cent so far this year, according to CoinMarketCap.com. Photo: AP

Business

‘Mature’ cryptocurrency market to draw institutional traders in 2018

9 Apr 2018 - 8:33am 3

Chinese President Xi Jinping has high hopes for Hainan, which may be selected to host one of the country’s new free-trade ports. Photo: AP

China

Can Xi succeed in ‘China’s Hawaii’ where Deng Xiaoping failed?

9 Apr 2018 - 2:44am 31

Xiaomi is seeking to reclaim the smartphone sales crown in China within 10 quarters as it works toward a widely expected IPO

Tech

Xiaomi’s billionaire founder reveals his formula for success

9 Apr 2018 - 3:49pm 13

Stock Quotes

FOREX

ETF

From left: James Greenwood, president and CEO of the Biotechnology Innovation Organisation; Charles Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing; Carlson Tong, chairman of the Securities and Futures Commission; Hong Kong Financial Secretary Paul Chan Mo-po; and Chow Chung-kong, chairman of HKEX, at the HKEX Biotech Summit. Photo: Edward Wong

Markets & Investing

Hong Kong plans to overtake Nasdaq for Chinese biotech listings

Thursday, 22 March, 2018, 11:17pm READ NOW

Share Focus

Chart of the day: Volatility returns to China market

Opinion

Chart of the day: Volatility returns to China market

12 Apr 2018 - 8:01am

Archive

Chart of the day: Dalian soybean gathers momentum

Chinese brokerage gets go-ahead for 3.5 billion yuan IPO

JPMorgan rotates China exposure to health care amid trade crisis

Chinese investors back drug stocks to weather trade war

Macroscope

A farmer observes his soybean crops in Barreiras, Brazil. The price of Brazilian soy has increased since China hit US soy with tariffs, leading analysts to believe that the Brazilian currency may rise too. Photo: Reuters

Insight & Opinion

Trade war may be a boost to the euro and Brazil’s real

10 Apr 2018 - 10:33pm

Archive

Bond market bulls and bears are prowling in the dark

Emerging markets still have upside amid the downturn

Are markets looking for excuses to sell off?

Take Trump’s tweet-worthy jobs data with a pinch of other indicators

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Companies

Martin Lau Chi-ping, president of Tencent Holdings, joined Tencent in 2005 as chief strategy and investment officer, before being promoted to the president a year later. Photo: David Wong

Companies

Tencent president doubles annual salary to US$38 million in 2017

The former Goldman Sachs banker’s pay packet doubled on the back of a 100 per cent jump in the internet giant’s share price

11 Apr 2018 - 11:31pm More on Tencent

Ant Financial controls China’s premier mobile payments service, Alipay. Photo: Bloomberg

Ant said to be in talks to raise US$10b in Temasek-led funding

11 Apr, 12:01pm

After unstaffed convenience stores and cashier-less karaoke booths, now China Construction Bank opens a branch in Shanghai run by ‘smiling’ robots

Robots are managing this bank in Shanghai

11 Apr, 9:57pm 1

Tesla expected to be top beneficiary of reforms announced by Chinese president

Tesla gets a clear path in China as Xi removes ownership limits

11 Apr, 12:07pm 1

Victor Sanz, creative director of Tumi spends around 100 days per year on the road. Photo: Handout

Top luggage designer shares tips on packing and dressing for travel

11 Apr, 7:03am

Facebook CEO Mark Zuckerberg preparing to testify Tuesday before a joint hearing of the Senate Commerce and Judiciary Committees on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election. Photo: AP

Facebook and Cambridge Analytica face class action for ‘misusing data’

12 Apr, 8:18am

The Trump administration in January announced a 30 per cent tariff on Chinese solar panel exports to the US. Photo: Los Angeles Times

Chinese solar firm confident of riding out Trump’s tariffs

10 Apr, 11:32pm 2

Shanghai is among mainland Chinese cities to have backed aggressive controls to help curb soaring home prices. Photo: Reuters

Hong Kong & China

Shanghai developers receive pre-sale permits, but there’s a catch

11 Apr 2018 - 11:23pm More on China Property

HNA is seeking to trim its debt, one of the largest in corporate China. Photo: Reuters

Companies

HNA postpones Swissport Sale, shelving second IPO in two weeks

11 Apr 2018 - 1:46pm More on HNA Group

More Companies News

Chinese brokerage gets go-ahead for 3.5 billion yuan IPO

Hong Kong regulator seeks court order to disqualify former Far East executives

Chinese investors back drug stocks to weather trade war

Markets

White House Press Secretary Sarah Sanders speaks to the media in Washington on Wednesday. Earlier, President Trump taunted Russia in a tweet, saying they should “get ready” for missile strikes in Syria in response to Syria's reported chemical weapons attack against a rebel-held town in Eastern Ghouta. Photo: EPA. Photo: EPA

Stock Talk

Hong Kong stocks likely to rise amid escalating Middle East tensions

12 Apr 2018 - 9:18am More on China stock market

Shanghai is among mainland Chinese cities to have backed aggressive controls to help curb soaring home prices. Photo: Reuters

Shanghai developers receive pre-sale permits, but there’s a catch

11 Apr, 11:23pm

Chart of the day: Volatility returns to China market

Opinion

Chart of the day: Volatility returns to China market

12 Apr 2018 - 8:01am More on A-shares

HNA is seeking to trim its debt, one of the largest in corporate China. Photo: Reuters

HNA postpones Swissport Sale, shelving second IPO in two weeks

11 Apr, 1:46pm

More Markets News

Tesla gets a clear path in China as Xi removes ownership limits

Chart of the day: Dalian soybean gathers momentum

Chinese brokerage gets go-ahead for 3.5 billion yuan IPO

Institutional demand drives up bitcoin futures volumes on CME

JPMorgan rotates China exposure to health care amid trade crisis

Chinese investors back drug stocks to weather trade war

Hong Kong stocks rise after Xi says China to ‘open further’

Hong Kong’s richest woman is still eyeing her biggest purchase – even though her paper wealth has halved

Hong Kong

Hong Kong’s richest woman eyes biggest purchase even though her wealth has halved

Wednesday, 21 March, 2018, 12:04am READ NOW

Global Economy

White House Press Secretary Sarah Sanders speaks to the media in Washington on Wednesday. Earlier, President Trump taunted Russia in a tweet, saying they should “get ready” for missile strikes in Syria in response to Syria's reported chemical weapons attack against a rebel-held town in Eastern Ghouta. Photo: EPA. Photo: EPA

Stock Talk

Hong Kong stocks likely to rise amid escalating Middle East tensions

12 Apr 2018 - 9:18am More on China stock market

Representations of (left to right) the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard. Photo: Reuters

Ripple investing US$25 million in a blockchain-focused fund

12 Apr, 6:57am

The Hong Kong dollar has been pegged at 7.8 per US dollar since October 1983, with a trading band of 7.75 to 7.85 added in 2005. Photo: Jonathan Wong

Banking & Finance

Hong Kong’s dollar touches red line at 35-year low

12 Apr 2018 - 9:17am More on Currencies

Hu Shi (fourth from left in front row, in a 1944 photo) was a founder of the China Institute in New York. He was a reformer embraced both by the Chinese Communist Party in Beijing and the Nationalists who established the Republic of China on Taiwan. Also pictured are the publisher Henry Luce (second from left in back row) and his mother, Elizabeth Luce (centre in front row).

China Institute forum in New York to address rising US-China tensions

11 Apr, 10:37pm 1

More Global Economy News

China urged to carefully carry out privatisation of state-owned units

Hong Kong’s currency peg should remain, IMF’s Lagarde says

China-US investment plunges amid curbs from both sides

HNA postpones Swissport Sale, shelving second IPO in two weeks

Ant said to be in talks to raise US$10b in Temasek-led funding

Hong Kong stocks end higher after daily Connect quotas quadrupled

Tesla gets a clear path in China as Xi removes ownership limits

China Economy

IMF Managing Director Christine Lagarde spoke to the Post after giving a speech at University of Hong Kong on Wednesday. Photo: Jonathan Wong

Economy

IMF chief expresses concern over global debt … including China’s

11 Apr 2018 - 11:41pm 18 More on China Economy

A file picture of workers at an aircraft factory in Shenyang in Liaoning province. Photo: Reuters

China inflation slows in sign of ebbing economic growth

11 Apr, 9:23pm 2

Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua

Business

China urged to carefully carry out privatisation of state-owned units

11 Apr 2018 - 11:23pm 5 More on Boao Forum for Asia

The new statistics platform is to measure all financial activity, from leveraged securities investment to local government borrowing, the People’s Bank of China said

Beijing to peer inside murky shadow banking world via database

11 Apr, 9:23pm 2

More China Economy News

China to open up financial markets amid threat of US trade war

Tesla gets a clear path in China as Xi removes ownership limits

Xi Jinping promises to open China’s door wider for foreign investors

China puts IPR in sight as it too must now protect local innovations

Hainan Airlines to purchase major hotel, aviation assets from parent

Stocks jump after Chinese President Xi Jinping said Beijing would reduce tariffs on imported cars and improve intellectual property protection, steps that could ease trade tensions

Trump tweets praise after Xi’s speech eases trade tensions

11 Apr, 10:47am 4

Money & Wealth

Hainan Airlines said it will use a combination of cash and funds raised through the issuance of new shares to finance the asset purchases. Photo: Reuters

China Business

Hainan Airlines to purchase major hotel, aviation assets from parent

10 Apr 2018 - 11:26pm More on HNA Group

The sensible bet would be on China and the US getting past these disagreements, coming to an arrangement that is more equitable, and therefore more sustainable

In the Sino-US trade crisis lies opportunities for the astute investor

30 Mar, 10:22pm 3

More Money & Wealthy News

How China's consumer patriotism is hitting US and international brands

China Inc. feels the heat from US$668 billion puttable bond cooker

Here are the hot topics for business titans at China’s political meeting

‘I misspoke’: US blunders by mistakenly declaring key China talks dead

Workers making Michael Kors bags in China call off strike

Guo Guangchang, chairman of Fosun International, says the company will focus on India and Africa, as well as on Portuguese-speaking countries. Photo: Edmond So

Fosun to invest 100 billion yuan in AI, biotech over next decade

28 Mar, 11:02pm

WH Group grabbed headlines when it acquired Smithfield, the US’ leading pork producer, for US$4.7 billion in 2013. Photo: Nora Tam

US’ largest pork maker eyes new markets amid China trade war fears

27 Mar, 11:27pm

Credit Suisse Group's Chief Executive Tidjane Thiam speaking at the bank's Asian Investors' Conference in Hong Kong on March 19. Photo: Handout

Business

Credit Suisse looks to a great year, aims to replicate Asia model

Tuesday, 20 March, 2018, 1:27pm READ NOW

Property

Office rents in greater Central, which includes the districts of Central, Admiralty and Sheung Wan, rose by 8.7 per cent from the same period in 2017 in the first quarter this year. Photo: Sam Tsang

Hong Kong & China

Multinationals to leave Central in search of cheaper office rents

12 Apr 2018 - 8:01am 2

Demand for privately owned international schools is expanding fast in Hong Kong. Photo: SCMP

International schools become hot property in Hong Kong

11 Apr, 2:30pm 3

Shanghai is among mainland Chinese cities to have backed aggressive controls to help curb soaring home prices. Photo: Reuters

Hong Kong & China

Shanghai developers receive pre-sale permits, but there’s a catch

11 Apr 2018 - 11:23pm

Prices are expected to rise further as buying sentiment remains strong, says Ricacorp Properties

Average Hong Kong used home prices soar to record US$1.28m

11 Apr, 7:50pm 3

More on

Office rents in greater Central, which includes the districts of Central, Admiralty and Sheung Wan, rose by 8.7 per cent from the same period in 2017 in the first quarter this year. Photo: Sam Tsang

Hong Kong & China

Multinationals to leave Central in search of cheaper office rents

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Some couples are willing to go through sham marriages and divorces to take advantage of loopholes in property rules. Photo: Xinhua

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The sham marriages – and divorces – built on China’s property market

8 Apr 2018 - 9:11pm 6

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There were reportedly 17 times in 2017 that two aircraft flew closer to each other than they should have – the highest count in 6 years

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Answers demanded over rising number of close calls in Hong Kong airspace

9 Apr 2018 - 8:57pm 11

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8 Apr 2018 - 9:55pm 6

Both the ruling party and opposition are preparing to move on from established leaders. Their choices will set up the upcoming electoral battle and define the national issues over the next decade

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Will Singapore’s politics change as its parties shift to Gen Next?

7 Apr 2018 - 5:53pm 21

Companies heavily reliant on exports are having to cut their prices to compete as the tit-for-tat tariff threats drive the yuan higher

Global Economy

China’s exporters count the early costs of trade war

7 Apr 2018 - 11:33am 14

Plans to temporarily shut down the beach resort, and turn locals jobless for at least six months, come after a Macau company presented the Philippine president with a US$500 million casino proposal

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Is Duterte really closing Boracay just to clean up a ‘cesspool’?

9 Apr 2018 - 11:48am 19

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Early intervention for psychosis patients cuts suicide risk by half

7 Apr 2018 - 11:35pm 1

Natalie Phan already has volunteers to adopt the animals saved last year. Now all she needs is people willing to take them across the Pacific

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Mission to send pets saved from China’s dog meat festival to US

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In new approach, children use their intuition for recognising and writing

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New approach to learning Chinese captures attention of Hong Kong parents

6 Apr 2018 - 11:10pm 7

Hong Kong leader moves to allay fears over bridge safety days after protective blocks appear to drift away from artificial island, leaving sea tunnel threatened

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Mega bridge design ‘scientifically proven’ to be safe, Carrie Lam says

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