[HONG KONG] Hong Kong stocks slipped Friday on uncertainty about the prospects for a new US stimulus, while mainland Chinese markets rallied as investors returned from their long Golden Week holiday.
But the benchmark Shanghai Composite Index rose 1.68 per cent or 54.02 points to 3,272.08, while the Shenzhen Composite Index on China's second exchange jumped 3.09 per cent or 66.42 points to 2,215.96.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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Hong Kong: Stocks close higher[HONG KONG] Hong Kong shares finished with more gains Wednesday after Donald Trump called off stimulus talks in the US but urged lawmakers to pass legislation providing targeted help to Americans and businesses in the world's top economy. Read more at The Business Times.
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Motley Fool to close Hong Kong business due to political uncertaintyHONG KONG (REUTERS) - Investment news site Motley Fool will shutter its Hong Kong operations due to the uncertain political outlook in the Asian financial hub, according to a post on the company's website earlier this week.. Read more at straitstimes.com. Motley Fool isn't the only one who has such decision. When rule of law & free flow of information are no longer secured in Hong Kong, there isn't much advantage to do business in HK... More would follow Motley Fool’s decision as Hong Kong is no better than China now HK is no longer an international financial hub as the NSL erodes rule of law, the cornerstone of HK's success.
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