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HONG KONG: Hong Kong stock exchange’s boss called for confidence that the city will maintain its “undisputed” role as Asia’s financial nave, even as it battles the fallout from the coronavirus outbreak and political unrest.
SINGAPORE: Shares in bourse operator Singapore Exchange Ltd suffered their steepest daily fall in more than a decade after the company said its profit would be hit when a licence to offer a suite of regional equity derivatives ends in February 2021.
HONG KONG: Hong Kong's exchange is launching derivatives products with U.S.-based index publisher MSCI that the Singapore bourse is relinquishing, in a deal it said underpinned the territory's draw amid concerns from a new security law planned by China.
HONG KONG: The shares at Hang Seng Index ended higher on Tuesday (May 26), mirroring a broader rally across Asia, as investors welcomed the promise of more stimulus in China and the gradual re-opening of the global economy.
HONG KONG shares ended higher on Tuesday, mirroring a broader rally across Asia, as investors welcomed the promise of more stimulus in China and the gradual re-opening of the global economy.
HONG KONG: Hong Kong’s stock exchange, seen as one of the potential big winners from a bill last week by the United States Senate to limit listings of Chinese companies, Hong Kong Exchanges & Clearing Ltd (HKEX), now faces what could be an even more rocky year than 2019, when political unrest cooled trading and brought revenue growth to a near standstill.
HONG KONG: Hong Kong stocks reversed early losses to end higher on Monday, helped by gains in tech and consumer firms, in anticipation of further stimulus measures from Beijing to boost domestic consumption and seek tech self-sufficiency.
HONG KONG: Hong Kong’s stock exchange is looking at speeding up the process of getting initial public offerings from pricing to trading, a move that would bring the world’s biggest listing market more in line with rival bourses.
Who will be Hong Kong stock exchange’s new CEO?