The Hong Kong Stock Exchange is the third-largest stock exchange in Asia. Also, the Hong Kong Stock Exchange is the fifth-biggest stock exchange in the world. Another interesting fact is that the Hong Kong Stock Exchange dates back to the 19th century. The Hang Seng Index is the index is used to monitor the overall …
The Hong Kong Stock Exchange is one of the most famous and at the same time, important stock exchanges in the world. It is the third-largest in terms of market capitalization in Asia. Moreover, the Hong Kong Stock Exchange is the fifth-biggest stock exchange in the world. It means that this stock exchange plays a …
Hong Kong Stock Exchange and its plans for the future Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHKD The pair is showing signs of consolidation as traders try to balance out the possibilities of what may happen over the protests in Hong Kong after recent developments. Still, the dollar retains most …
Daily Market Charts and Analysis September 10, 2019 Read More »
Hong Kong Chief Executive Carrie Lam said that more violence will not solve the problems encountered by the nation. Lam appeared in a press conference on Tuesday, days after the withdrawal of the Extradition Bill. The Hong Kong politician also warned officials from the United States not to interfere with the problems regarding the territory. …
Hong Kong Chief Executive Says No to Violence | Wibest Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD The pair pared some of its previous losses in the recent trading sessions, but it appears struggling to break above the middle band of the trading channel. But there’s a possibility that the …
Daily Market Charts and Analysis September 06, 2019 Read More »
Political turmoil in Hong Kong started several months ago. This happened at a time when the global economy was slowing down. Another reason is the ongoing trade war between the U.S. and China. These two reasons created problems for the stock markets and the global economy in general. The trade war affected the stock markets …
The trade war between the U.S. and China is one most serious threat to the global economy. At a time when the global economy is slowing down, the trade dispute is further escalating the situation. The trade war started in 2018. However, no one knows when it will end. This might happen in several weeks …
Hong Kong is one of the main business hubs in the world. Political crisis in Hong Kong is a severe problem for the region as it hurts the local economy. Hopefully, Hong Kong’s government made the decision to withdraw the extrusion law. This movement started when Hong Kong’s government introduced an extradition law. Stock market …
U.S. and European stock markets reacted to the news that Hong Kong’s government decided to withdraw the bill. This was important not only for the citizens of Hong Kong but for the global economy. Hong Kong is one of the main business hubs in the world. The protests started when Hong Kong’s government introduced an …
On Tuesday, the Chinese smartphone maker Xiaomi Corp declared 12 billion Hong Kong dollars or $1.53 billion worth of share on its buyback plan. This is in a reversal of its cash-management strategy that is meant on increasing its floundering stock. Xiaomi shares replied to the news of the buyback. This has been the biggest …
Xiaomi Corp. Plans to Buy Back 1.5 Billion U.S. Dollar Shares Read More »
The organizers behind the protests in Hong Kong planned to rally outside the office of Cathay Pacific on Wednesday. Hong Kong-based Cathay Pacific’s shares decline in Asian trading on Wednesday due to rallies against the HK carrier. Cathay Pacific Airways Ltd (0293) went down by 1.75%, or 0.18 points, in yesterday’s trading sessions. Stocks of …
The organizers behind the protests in Hong Kong planned to rally outside the office of Cathay Pacific on Wednesday. The news caused the CPCAY or Cathay Pacific’s stocks to decline in Wednesday’s trading. The CPCAY went down by 0.18% or 0.01 points in sessions. CPCAY shares currently trade at 6.63 US dollars and has reached …
Hong Kong Protesters Rage against Cathay Airways Read More »
In a news report, Nicky Morgan indicated that Britain will still decide whether to let Huawei’s equipment be in use to its 5G networks this autumn. This morning, the culture secretary said that whatever decision it takes on the Chinese telecoms’ giant, the government will guarantee it is for the long term. In an interview, …
USDHKD The pair has recently climbed up the charts from record lows in recent weeks, with the price going above the 200-day and 50-day moving averages on the daily charts. It’s now headed downward again with the 200-day MA acting as its solid support. Hong Kong is now preparing for another wave of protest as …
USDHKD The pair is expected to break down from 200 MA, which will send the pair lower towards a major support line. U.S. President Donald Trump made his most extensive comment suggesting that Hong Kong’s protest movement fate be tied to a trade deal between the United States and China. This was after China accused …
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