Evergrande, once a giant in China's real estate, has been delisted from the Hong Kong stock exchange after a prolonged trading freeze. The company faces liquidation, having lost over 99% of its market value since its peak in 2017, amid a broader downturn in the property sector.
Asian equities experienced their largest gain in two weeks, driven by Wall Street's rally and increased expectations for lower interest rates from the Federal Reserve. Technology stocks in Hong Kong surged by 2.7%, while Shanghai shares reached a decade high.
Asian shares saw a modest decline as President Trump intensified trade tensions, prompting caution among investors. Copper futures dropped, and Hong Kong shares retreated, while mainland China saw slight gains. Discover the implications for your investments!
A recent study reveals that young people in Hong Kong who skip breakfast may be more prone to depressive symptoms and impulsive behavior. The findings highlight the importance of regular breakfast consumption for mental well-being.
Asian shares saw a modest gain as investors eagerly await news on trade negotiations between Trump and Xi. Hong Kong stocks rebounded, while China shares fluctuated amid mixed manufacturing signals.
Shares of BYD fell on the Hong Kong exchange following recent price cuts. This move has raised eyebrows in the EV market, affecting other key players like Xpeng, Nio, and Li Auto. What does this mean for the future of electric vehicles?
The NB.1.8.1 variant of COVID-19 is gaining traction across the globe, leading to surges in hospitalizations and ER visits in China and Hong Kong. With its arrival in the U.S., experts warn of potential challenges ahead.
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Contemporary Amperex Technology Co. Ltd. made a splash in its Hong Kong trading debut, raising a staggering HK$35.7 billion despite facing challenges like a Pentagon blacklist. Shares surged 13% on opening!
Asia-Pacific markets saw a significant rise on Tuesday following China's decision to cut its key lending rates to stimulate economic growth amidst ongoing trade tensions. Investors are keenly observing the developments.