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Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
A trio of senior Chinese officials used a financial summit in Hong Kong on Tuesday to defend the state of the world’s second largest economy, telling Wall Street’s top executives that there ...
Hong Kong, a former British colony, is a common law jurisdiction, unlike mainland China. Since it returned to Chinese rule in 1997, non-permanent overseas judges have continued to serve on the ...
In a Reuters Institute poll conducted in early 2021, Apple Daily was the fourth most-used offline source of news in Hong Kong, while its website was the second most-used among online news media in the city. [7] According to a survey conducted by the Chinese University of Hong Kong, Apple Daily was the third most trusted paid newspaper in 2019. [8]
Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip . H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central or regional Chinese government.
BEIJING/HONG KONG (Reuters) -China's central bank said on Tuesday it will provide an additional 100 billion yuan ($14 billion) to banks to support rebuilding areas devastated by floods, after ...
Hong Kong portal. v. t. e. The Hong Kong Economic Times (abbreviated as the HKET) is a financial daily newspaper in Hong Kong. It was founded by Lawrence S P Fung ( Chinese: 馮紹波; Chairman), Perry Mak (Managing Director), Arthur Shek Kang-chuen ( Chinese: 石鏡泉; Executive Director) and others. It started with a HK$ 20 million ...
Shares fell in Chinese markets but rose in the rest of the region. U.S. futures were nearly unchanged and oil prices fell. ... Hong Kong's Hang Seng recovered from early losses, edging up 0.1% to ...