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Latest News & Videos about Hong Kong stock market. The Economic Times is the No. 1 Business Daily in India that brings you the latest news updates and LIVE coverage of politics, economy, markets, technology, and more.
The Economic Times » Hong Kong Stock Market
1w ago
Hong Kong conditionally approved its first spot bitcoin and ether exchange traded funds (ETFs) on Monday, money managers said, paving the way for the city to become Asia's first to accept the cryptocurrencies as a mainstream investment tool ..read more
The Economic Times » Hong Kong Stock Market
3w ago
Mainland China stocks rose after the open on Friday, adding to the healthy gains recorded a day earlier. In early trade, the Shanghai Composite Index gained 0.27 percent, or 8.26 points, to 3,018.92, while the Shenzhen Composite Index on China's second exchange climbed 0.4 percent, or 6.90 points, to 1,739.50 ..read more
The Economic Times » Hong Kong Stock Market
1M ago
Samsonite joins global names such beauty-shop chain L'Occitane and fashion house Prada in searching for options beyond Hong Kong, where valuations have dropped in the decade since booming private wealth persuaded non-Asian brands to raise their profile in the region ..read more
The Economic Times » Hong Kong Stock Market
1M ago
Hong Kong's largest bitcoin futures exchange-traded fund saw its assets under management swell five-fold in the past five months to just over $100 million, as local investors chased the rally in the world's best-known cryptocurrency ..read more
The Economic Times » Hong Kong Stock Market
1M ago
India's finance professionals are set for significant salary hikes in 2024, outstripping Hong Kong and Singapore. Major firms like HSBC Holdings Plc are expanding operations in India, reflecting the nation's economic growth and wealth management potential ..read more
The Economic Times » Hong Kong Stock Market
1M ago
Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information ..read more
The Economic Times » Hong Kong Stock Market
1M ago
Adani Airports is in talks with Plaza Premium Group to run airport lounges in India through a joint venture, aiming to elevate hospitality standards. Adani Airports is India's largest airport infrastructure company, while Plaza Premium Group has an international footprint at 80 airports in 30 countries ..read more
The Economic Times » Hong Kong Stock Market
1M ago
Hong Kong has been a relative latecomer to crypto trading, approving its first three cryptocurrency futures ETFs in late 2022. The approval and launch of spot bitcoin ETFs in the US this year has spurred demand from investors who believe the token's limited supply will push prices higher ..read more
The Economic Times » Hong Kong Stock Market
2M ago
The Directorate of Enforcement investigation into Religare Finvest reveals that ₹400 crore was allegedly diverted to Hong Kong. Former Fortis promoters Malvinder and Shivinder Singh are charged under the Prevention of Money Laundering Act in the investigation. Four shell companies and inter-corporate deposits were used to divert ₹750 crore to erstwhile Lakshmi Vilas Bank ..read more
The Economic Times » Hong Kong Stock Market
2M ago
HSBC has announced that India has become its third-largest profitable region, surpassing China. This growth is primarily driven by a strong performance in its global banking and markets division, catering to large corporations and including treasury operations. In 2023, HSBC's profit before tax in India rose by 19% to $1.51 billion, following Hong Kong and the UK. Meanwhile, China's profit witnessed a significant decline of 89% due to losses in various sectors ..read more