Hong Kong

Chinese smart EV maker XPeng to join Hang Seng Composite Index

Chinese smart EV maker XPeng to join Hang Seng Composite Index

XPeng, a smart electric vehicle (EV) manufacturer headquartered in Guangzhou Province of China, will be added to the Hong Kong-based Hang Seng Composite Index on 20th of July this year.

KFC launches edible nail polish in Hong Kong

KFC launches edible nail polish in Hong Kong

Kentucky Fried Chicken (KFC), a leading global fast food company, has announced the launch of its edible nail polish called "Finger lickingood" in Hong Kong this week.
 

A Rise in Share Prices for Cheung Kong and Hutchison on Plans of Business Revamp

A Rise in Share Prices for Cheung Kong and Hutchison on Plans of Business RevampOn Monday, the shares of Cheung Kong Holdings Ltd and Hutchison Whampoa increased as Li Ka-shing the richest man in Asia announced plans of restructuring his business empire. He said that it is a move which is intended to give a better value to the shareholders.

For the First Time in Five Months Hong Kong PMI Shows Expansion

For the First Time in Five Months Hong Kong PMI Shows Expansion In December, the HSBC Hong Kong Purchasing Managers Index went into an expansion mode and increased to 50.3. It happened for the first time in the last five months. It signals at a slender improvement in the operating conditions of the city.

Morgan Stanley Says Formation of ‘One-China’ Market Will End Hong Kong-Shanghai Stock Gaps

Morgan-StanleyMorgan Stanley says the investors do not have to pay different prices in Hong Kong and Shanghai for the same stocks for a very long time now.

Today in a television interview, Jonathan Garner, the head of Asia and emerging-market strategy at Morgan Stanley, said in Hong Kong that the gaps existing between valuation for dual-listed shares will soon disappear as an exchange link between the two cities will lead to the formation of a 'one-China' market.

Hong Kong busts illegal cigarettes and unlicensed baby milk Powder exports

Hong Kong busts illegal cigarettes and unlicensed baby milk Powder exportsOn Saturday, officials said Hong Kong customs seized almost four million cigarettes, worth over $1.2 million, in a two-week operation aimed at stopping smuggling in the territory.

Seven people aged between 23 and 63 were arrested by authorities arrested in the operation that began in mid-December.

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