Hong Kong

More Foreign Investments Lift Yen

More Foreign Investments Lift Yen

Hong Kong's Hang Seng index slipped by 0.4% to 24,303.07 points, after rising 5% last month and the Shanghai's key stock index closed at a lower of 0.2% at 3,022.7.

The revival of the foreign investor’s interest by attractive valuations and a healthy economy stabilized the inflow of the funds thus increasing the Chinese share prices.

Honk Kong Ex. Nods for Two IPOs

Honk Kong Ex. Nods for Two IPOs

There is good news of the long term investors. As per reports, the Hong Kong Stock Exchange has finally nodded for an initial public offering of Glencore International, a commodity trader based in Switzerland.

With the news hitting the galore, the company is chalking out full fledge strategies to pull out more funds from the dual listing in London and Hong Kong.

Sixteen Hong Kong Banks Agree Over Mini-bond Proposal

Sixteen Hong Kong Banks Agree Over Mini-bond Proposal

With a hope of lenders reversing some of the loss provisions made in connection with Lehman Brothers derivatives, shares of some local Hong Kong banks rose on Monday.

The Hong Kong Stocks Traded at Lower Rates

The Hong Kong Stocks Traded at Lower Rates

The Hong Kong stocks were traded at a lower rate due to the rise in earnings of major companies. The major property and financial companies rose on the index.

Hong Kong Stocks Preview after the Japan Disaster

Hong Kong Stocks Preview after the Japan Disaster

Since the Japan’s nuclear disaster, the share market is on the verge of fluctuations every day. On Monday the shares of Hong Kong and China got closed on higher prices amid lingering caution over Libya. As reported by investors, the Hong Kong trading is trying to ease out the concerns on Japan’s nuclear situation.

HSBC Rubbishes Reports of the Bank Moving to Hong Kong

HSBC Rubbishes Reports of the Bank Moving to Hong Kong

Reports doing the rounds that HSBC is planning to relocate its head office to Hong Kong from London for tax reasons have been denied by the financial institution. The biggest bank in Europe went on to state that such assumptions were presumptuous; though, it did speak out against the heavy bank levies.

Cancer Dependent On Proteins

Cancer Dependent On Proteins

Every cancer is bad, but tumours, which can reproduce of its own, are the real killer. They can reproduce to form secondary growths. It is dependent on the protein inside the tumour. This protein determines which cancer will grow.

Chicken Suffering from H5N1 Found Dead on the Shores of Hong Kong

Chicken Suffering from H5N1 Found Dead on the Shores of Hong Kong

Officials of the health department in Hong Kong have recently discovered a chicken on its shores, which had the H5N1 virus in its system. The officers are currently trying to figure out about how the chicken got to the shore.

The Test that can Predict it All

The Test that can Predict it All

Researchers in Hong-Kong have been able to analyze the genes of a baby, prior to its birth. The development is being seen as a very important breakthrough, especially as it means that scientists will be able to unearth any genetic abnormalities in a child, much before its birth.

Hong Kong has ‘best value for money’ broadband; UK at 24th spot in broadband table

Hong Kong has ‘best value for money’ broadband; UK at 24th spot in broadband tab

According to the 2010 third-quarter Broadband Tariff Benchmarks from broadband analysis firm Point Topic, Hong Kong’s broadband connection offers the customers the best value for money, in the whole world.

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