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A recession in Hong Kong is "inevitable," says economist

Andy Xie, an independent economist, says Hong Kong's business people have political power and are "running the place," and that's what's "causing the trouble" in the city......»»

Category: realestateSource: cnbcAug 14th, 2019

Hong Kong Retail Sales Post Another Double-Digit Drop As Recession Worsens

Hong Kong Retail Sales Post Another Double-Digit Drop As Recession Worsens .....»»

Category: blogSource: zerohedgeJan 3rd, 2020

Hong Kong Airport Passenger Volumes Crash To Decade Lows Amid Socio-Economic Chaos 

Hong Kong Airport Passenger Volumes Crash To Decade Lows Amid Socio-Economic Chaos  Who in their right mind would travel to Hong Kong these days? Six months of violent protests and a deepening recession have transformed t.....»»

Category: blogSource: zerohedgeDec 16th, 2019

Hong Kong is mired in recession, but its IPO market is the strongest since 2015 among everyday investors

REUTERS/Carlos Barria Hong Kong's initial public off.....»»

Category: topSource: businessinsiderDec 4th, 2019

Alibaba"s Hong Kong debut is the biggest IPO of 2019 – by far

Alibaba beat out Uber's record May IPO of $8.1 billion, raising $12.9 billion in a secondary listing in a city beset by recession and nearly six months of political unrest......»»

Category: topSource: moneycentralNov 26th, 2019

Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

World stocks were knocked off 22-month highs on Wednesday as a flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other "safe" assets such as gold......»»

Category: topSource: reutersNov 20th, 2019

Flare-up of Sino-U.S. tensions over Hong Kong knocks world shares off 22-month high

World stocks were knocked off 22-month highs on Wednesday as a renewed flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other "safe" assets such as gold......»»

Category: topSource: reutersNov 20th, 2019

Hong Kong tips into recession amid protests

Hong Kong announced its economy has tipped into recession for the first time in a decade, as the financial hub braced for another weekend of anti-government protests. Lucy Fielder reports......»»

Category: topSource: moneycentralNov 15th, 2019

Hong Kong Shocked Into First Annual Recession Since Global Financial Crisis

Hong Kong Shocked Into First.....»»

Category: blogSource: zerohedgeNov 15th, 2019

Hong Kong confirms economy fell into recession amid protests, trade war

Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating U.S.-China trade war......»»

Category: topSource: reutersNov 15th, 2019

Alibaba Launches Mega Share Sale With $12 Billion Retail Tag

Alibaba Group Holding Ltd. priced the retail portion of its Hong Kong share sale Friday, issuing an appeal to retail investors in a city in the throes of recession after months of violent pro-democracy protests......»»

Category: topSource: moneycentralNov 15th, 2019

Alibaba launches mega share sale with $12B retail tag

Alibaba Group Holding Ltd. priced the retail portion of its Hong Kong share sale Friday, issuing an appeal to retail investors in a city in the throes of recession after months of violent pro-democracy protests......»»

Category: topSource: moneycentralNov 15th, 2019

Hong Kong to unveil depth of recession amid protests, trade war

Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll......»»

Category: topSource: reutersNov 14th, 2019

Alibaba praises Hong Kong at start of retail campaign for $13 billion listing

Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession......»»

Category: topSource: reutersNov 14th, 2019

Hong Kong enters its first recession in a decade after months of protests

Anthony Kwan/Getty Images Hong Kong officially entered its first recession since the financial crisis after posting a 3.2% GDP contraction in.....»»

Category: topSource: businessinsiderOct 31st, 2019

Hong Kong Crashed Into First Recession Since 2009

Hong Kong Crashed Into First Recession Since 2009 The first domino in the next glo.....»»

Category: blogSource: zerohedgeOct 31st, 2019

Hong Kong crashes into recession as protests hit economy

Hong Kong’s economy contracted sharply in the third quarter as it entered a recession, exceeding economists’ worst estimates of the damage from nearly five months of protests......»»

Category: topSource: moneycentralOct 31st, 2019

Riots shove Hong Kong into recession

Hong Kong's economy contracted by 3.2 percent in the third quarter, government data showed......»»

Category: topSource: foxnewsOct 31st, 2019

Hong Kong Falls Into Recession

Hong Kong, one of the business capitals of the world, is in recession, according to its Census and Statistics Department. Hong Kong’s economy, if measured independently from China, which........»»

Category: blogSource: 247wallstOct 31st, 2019

HSBC, StanChart cut key Hong Kong rate as recession looms

Two of Hong Kong's biggest banks on Thursday cut their key benchmark rates in the city, their largest market, which is bracing for its first recession since the global financial crisis following months of protests......»»

Category: topSource: reutersOct 31st, 2019

Hong Kong Plunges Into Recession After Months Of Violent Protests Take Toll

Hong Kong Plunges Into Recession After Months Of Violent Protests Take Toll Hong Kong has finally enter.....»»

Category: blogSource: zerohedgeOct 30th, 2019