HK and mainland shares rally on bank stakes


Hong Kong and Shanghai stocks surged at the opening of trading on Thursday on hopes for broad state support for mainland markets after the China’s sovereign wealth fund bought stakes in the mainland’s biggest banks.

The Hang Seng Index climbed 2.04 percent, or 365.16 points, to 18,258.26.

The Shanghai Composite Index rose 0.74 percent, or 22.75 points, to 3,101.71, while the Shenzhen Composite Index added 0.48 percent, or 9.13 points, to 1,915.98. (AFP)





Source link

Visited 1 times, 1 visit(s) today

Related Article

Hong Kong customs seizes 2.6 tonnes of drugs worth HK$1 billion in first quarter

Hong Kong customs seizes 2.6 tonnes of drugs worth HK$1 billion in first quarter

Hong Kong customs has confiscated more than 2.6 tonnes of illegal drugs valued at HK$1.1 billion (US$141.8 million) and arrested 102 people in an air-land-sea anti-narcotics operation in the first quarter of 2025, the Post has learned. Latest figures obtained by the Post revealed that the haul marked a 33 per cent increase compared with

Hong Kong urged to tighten regulation of counsellors following misconduct case

Hong Kong urged to tighten regulation of counsellors following misconduct case

Hong Kong should set up a statutory registration system for counsellors and grant legal exemption to professional organisations to publicly address wrongdoings, experts have said, after a body failed to name a member who was expelled over misconduct. Professor Chui Yat-hung, president of the Hong Kong Professional Counselling Association, warned of the dangers posed by

hydrogen central advertise

Hong Kong – Eight more trial projects on hydrogen fuel technology given agreement-in-principle by Inter-departmental Working Group on Using Hydrogen as Fuel

Hong Kong – Eight more trial projects on hydrogen fuel technology given agreement-in-principle by Inter-departmental Working Group on Using Hydrogen as Fuel Eight more trial projects on hydrogen fuel technology given agreement-in-principle by Inter-departmental Working Group on Using Hydrogen as Fuel A spokesman for the Environment and Ecology Bureau (EEB) said that the Inter-departmental Working

Lion dancers stretch. In the past, women were not allowed to become lion dancers. The lion and dragon costumes were consecrated, and females were seen as “unclean” in certain Chinese religions and forbidden to touch holy items. Photo: Edmond So

Meet the young women leaping to prominence in Hong Kong’s lion dance scene

On a weekday night, beneath the gritty underbelly of a bypass in Hong Kong’s Tai Kok Tsui area in Kowloon, two lions – one clad in green and the other in purple – hop up and down a metal platform, their bright manes swaying with each movement. Manoeuvring under these vibrant costumes are four young

China life sciences-focused Dalton Venture expands to Hong Kong, targets new investments

China life sciences-focused Dalton Venture expands to Hong Kong, targets new investments

With dual headquarters in Shanghai and Shenzhen, Dalton Venture will apply for an asset-management licence in Hong Kong next month and expects to start pursuing investments next year after receiving government approval, founding managing partner Steve Sun told the South China Morning Post in an interview on Friday. Dalton Venture aims to seize opportunities brought

HKMA highlights Hong Kong’s financial stability despite global market volatility

HKMA highlights Hong Kong’s financial stability despite global market volatility

Darryl Chan Wai-man 25th April 2025 – (Hong Kong) Hong Kong Monetary Authority Deputy Chief Executive Darryl Chan Wai-man highlighted the city’s financial resilience amid recent asset market volatility caused by tariff impositions and shifts in the global trade environment. He emphasised that Hong Kong’s financial system continues to function as a vital link between

九市速遞:NBA名宿戴歷羅斯 與單挑王較技 - 20250426 - 港聞 - 每日明報

九市速遞:NBA名宿戴歷羅斯 與單挑王較技 – 20250426 – 港聞 – 每日明報

港聞 2025年4月26日星期六 港聞二 政治局提「四穩」應對國際經貿鬥爭 着力就業幫扶企業 擴大開放反對霸凌 樓市政策收效未強調 促增高中低收入增強消費 京被指豁免部分美晶片醫藥品關稅 《時代》訪問聲稱習曾致電 特避談時間內容 廣交會出口商:美零售巨頭承擔關稅促恢復發貨 控煙十招全推 定額罰款翻倍至3000 下周三首讀 明年4·30禁公開吸電子煙 巴士站劃地線有上蓋 一人候車亦禁吸 禁向未成年人供吸煙產品 議員促提早元旦前實施 中宣部組織採訪 內媒問港貿易戰應對 金管局:金融市場整體正常 料續波動 解創科「短板」 孫東:釋放土地有新方案 記者團訪數碼港 鄭松岩:一年120內地AI公司進駐 12浙江企與香港簽合作項目 機管局:冷鏈服務內地 李:部署新供應鏈服務助內企「破封鎖」 醫局年中成立發言人團隊 成員須具資深臨牀經驗 加強解說醫療事故 立法規管空窗期 滴滴推網約私家車 急症室退款制明年恆常化 訛稱裝修騙訂金後失聯 無業漢被捕 付錢收不到貨 虛幣騙案事主失百萬 大坑西邨民安置覆核敗訴 八旬婦之子擬上訴 13拒遷戶訴訟下月訊 不具回遷資格者 擬另提覆核挑戰 涉串謀販毒 休班警被控 食安督察案 同事稱首被告分食物 「自己用,enjoy!」 指警打頭 入稟者申禁警署刪CCTV被拒 立會訂新守則 提議員須開會表決 每年交工作報告 設處分機制嚴重可停職 黃百鳴涉內幕交易案 辯方:正商其他方式處理 反恐二案 被告稱不解警指「玩炸彈」 官質疑未向值日官投訴 警搗兩網購騙黨 一交假貨一扮無收款 九市速遞:粵首季GDP增4.1% 固投跌幅收窄 消費回暖 九市速遞:廣東自貿區掛牌10年 累計港澳企業2.9萬家 九市速遞:前海香港青年設計師賽 召集城市設計作品 九市速遞:NBA名宿戴歷羅斯 與單挑王較技 灣區手記:反內捲 /文:尚東美 【Emily】盧偉國鬧牛肉乾加價「製造怨氣」 話1/3商用車被迫違泊 警:抄牌已減兩成半 【Emily】駐粵辦籲內地港人登記做選民 【Emily】立會大樓掛巨「立」 燈會變色象徵多元 【Emily】周松崗三度獲委市建局主席  Source link

ahq001-756509

This Airline’s New Very Long Airbus A350 Flights To The US

Cathay Pacific arrived in Dallas/Fort Worth on April 24, becoming its eighth passenger destination in North America. It replaced American Airlines on the very long oneworld route, serving it between 2014 and 2020. Yet, the Texas hub has fallen off the country’s 10 busiest widebody airports list despite Cathay’s entry. Dallas/Fort Worth International Airport IATA/ICAO

Hong Kong eyes turning Hung Hom waterfront into yacht bay for rich tourists

Hong Kong eyes turning Hung Hom waterfront into yacht bay for rich tourists

Hong Kong authorities plan to turn the area around a premier concert venue in Hung Hom into a landmark waterfront, complete with a yacht marina and a 50-storey tower equipped with entertainment facilities, over more than a decade. The Development Bureau on Friday shared its preliminary development proposal for the HK$10 billion (US$1.29 billion) to

Hong Kong’s Legco plans to require meeting attendance, voting and regular reports

Hong Kong’s Legco plans to require meeting attendance, voting and regular reports

Hong Kong’s legislature plans to amend its rules to require lawmakers to attend meetings, take part in votes and regularly submit work reports. Legislative Council president Andrew Leung Kwan-yuen announced the proposal on Friday, with an aim to implement the changes in the legislature’s next term. “It is the appropriate time for us to undertake

Hong Kong to launch local ChatGPT-style AI tool in second half of year

Hong Kong to launch local ChatGPT-style AI tool in second half of year

Hong Kong is set to launch a locally developed ChatGPT-style artificial intelligence (AI) tool powered by DeepSeek in the second half of the year, with the platform featuring elements of the city and being able to answer “all kinds of questions”, the innovation chief has said. Secretary for Innovation, Technology and Industry Sun Dong gave

Aspire and E6 launch card for SMBs in Hong Kong and Singapore

Aspire and E6 launch card for SMBs in Hong Kong and Singapore

Fintech company Aspire has partnered with Episode Six (E6), a global card infrastructure provider, to launch a corporate card for SMBs in Hong Kong and Singapore. Finance platform for businesses, Aspire, offers its customers simplified financial management with a unified interface for payments, treasury, and expense solutions. By working with E6, Aspire offers more efficiency

‘Super March’ tourism campaign paints ‘promising’ picture for Hong Kong economy

‘Super March’ tourism campaign paints ‘promising’ picture for Hong Kong economy

The success of mega-events under Hong Kong’s “Super March” tourism campaign paints a “promising” picture of the city’s economic future, a leading business insights provider has said, adding that Art Basel had brought in the wealthiest visitors under the drive at an average monthly income of about HK$44,000 (US$5,700). But a lawmaker and economist both

Hong Kong’s Hospital Authority brings in experts to help curb medical blunders

Hong Kong’s Hospital Authority brings in experts to help curb medical blunders

Hong Kong’s Hospital Authority has brought in specialists to help reduce the number of medical blunders, while vowing to strengthen public communication as part of measures introduced following a performance review. Dr Tony Ko Pat-sing, the authority’s chief executive, said on Friday that the measures aimed to improve its response to mistakes and enhance service

Mandarin Oriental to renovate properties in Hong Kong and Bangkok

Mandarin Oriental to renovate properties in Hong Kong and Bangkok

MANDARIN ORIENTAL, BANGKOK The Grande Dame of Thai hospitality, on the banks of the Chao Phraya River, has been the venue of choice for Royalty, dignitaries, authors, film stars, musicians and a host of international travellers for generations, all of whom have been drawn to the legendary service and memorable experiences for which the hotel

Tenant of Hong Kong’s only private low-rent housing estate loses resettlement bid

Tenant of Hong Kong’s only private low-rent housing estate loses resettlement bid

An elderly tenant at Hong Kong’s only privately owned low-rental housing estate has lost a legal bid to have her landlord guarantee her resettlement during the site’s redevelopment. The High Court on Friday ruled against Leung Ah-duen despite earlier granting her permission to initiate judicial review proceedings against her eviction from Tai Hang Sai Estate.

Cathay Pacific Airbus A350-1000

Cathay Pacific Begins New Flights to Dallas With Airbus A350s

HONG KONG- Cathay Pacific (CX) officially launched non-stop passenger flights between Hong Kong (HKG) and Dallas-Fort Worth International Airport (DFW) on April 24, 2025. This milestone marks the 6th new passenger destination added by the Cathay Group this year, with a total of 15 new destinations announced for 2025 and more planned. Photo: Clément Alloing

Bail extended for Hong Kong actor Raymond Wong over insider trading case

Bail extended for Hong Kong actor Raymond Wong over insider trading case

A Hong Kong court has extended veteran movie producer and actor Raymond Wong Pak-ming’s bail and granted him more time to negotiate with the city’s securities watchdog over the handling of an alleged insider trading offence. Wong, who appeared at Eastern Court on Friday for the hearing, is being prosecuted by the Securities and Futures

Hong Kong to jail, fine those possessing, using vapes in public from April 2026

Hong Kong to jail, fine those possessing, using vapes in public from April 2026

Possessing or vaping with alternative smoking products such as e-cigarettes in public will be considered an offence in Hong Kong starting from April 30 next year, with offenders facing a maximum penalty of six months imprisonment and a HK$50,000 (US$6,400) fine. According to an amended bill gazetted by the government on Friday, smoking of such

0
Would love your thoughts, please comment.x
()
x