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In Hong Kong Race, a Candidate’s Remark Makes Markets Panic

Deciphering where the winds are blowing in Hong Kong’s current election isn’t easy, but yesterday, the markets offered a glimpse of what traders may be thinking.
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Swiss commodities trader Glencore plans to kick off the Hong Kong retail portion of a stock offering aimed at raisin...

Business & Finance : Business Insider: Money Game (3 years ago)

Swiss commodities trader Glencore plans to kick off the Hong Kong retail portion of a stock offering aimed at raising up to $10 billion toward the end of April. Join the conversation about this story » Read Post

Hong Kong’s Li Joins Exodus at Bank of China

Business & Finance : Deal Journal - WSJ.com (6 years ago)

Hong Kong billionaire Li Ka-shing may be known as Superman for his heroic ability to time the market, but even mere mortal investors could see which way the wind was blowing for Chinese banks. Read Post

Is Hong Kong-US Dollar Link About To End? HKMA Buys $715 Million To Support Peg

Business & Finance : Zero Hedge (2 days ago)

Yesterday saw something quite unusual in the New York trading session. The Hong Kong Monetary Authority bought $715 million (selling HKD) in the FX markets to manage its currency peg, injecting the money into the banking system (and... Read Post


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