Hong Kong stocks power up on Nvidia resuming chip sales to China
Hong Kong stocks rose for a fifth straight day on Wednesday amid signs of easing US-China tensions after Nvidia said it would resume sales of some chips to China. The…
Hong Kong stocks rose for a fifth straight day on Wednesday amid signs of easing US-China tensions after Nvidia said it would resume sales of some chips to China. The…
The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market on Tuesday, for the sixth time since late June, purchasing the local currency and raising overnight lending costs…
Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell…
The world’s factories will be powered by robots and artificial intelligence within a decade, as machine learning and automation replace humans in assembly line work, especially those that are repetitive…
Skechers, an American footwear and apparel company, is taking advantage of a slump in Hong Kong’s retail market by filling a space previously occupied by high-end Swiss watchmaker Patek Philippe…
Asian investors have trimmed their incremental allocations to US equities as the dollar weakened, but reducing their overall exposure to US assets remains difficult, according to a Morgan Stanley report…
Chinese toymaker Pop Mart is gearing up for another period of blockbuster growth, following the runaway success of its Labubu toy in international markets since last year, saying it expects…
Macau’s tourism and casino revenues are poised to see sustained growth in the second half of the year, as high-profile events and concerts attract an increasing number of visitors. The…
Hong Kong’s Lingnan University has acquired commercial assets in a residential building in New Territories, joining a number of schools and universities that have snapped up real estate assets amid…
“The group has successfully obtained waivers from all lenders in respect of the breach,” the company said on Monday. “Accordingly, the lenders will not demand immediate repayment of the respective…