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Chinese technology giant Tencent is marketing US dollar bonds due in 10 and 20 years and offshore yuan bonds due in 10 and 30 years, according to term sheets. Initial yield guidance for the dollar notes is set at about 115 to 140 basis points over comparable US Treasuries.
Man Wah Holdings warns interim net profit for the six months to end-September will plunge 70 to 90 per cent from about HK$1.146 billion a year earlier, citing surging chemical raw-material costs from Middle East conflicts and industry price competition. The group also booked impairment on its US acq
Wall Street finished mixed on Monday, with the Dow up 0.38 per cent but the Nasdaq down 0.44 per cent, as rising oil prices from attacks on Saudi Arabia and caution ahead of bank earnings and economic data weighed on tech shares. Microsoft gained over 1 per cent after announcing plans to deploy its
Germany's debt-to-GDP ratio is expected to rise to 78.25 per cent by 2030, up from 62.8 per cent in 2025, according to the country's stability council. The government deficit is also forecast to increase, driven by a €500 billion infrastructure fund and looser defence borrowing rules.
BYD executive vice president Stella Li said on Monday that tariff pressure linked to an EU-China deal on imports is short-term because the company has already committed to local investment in Europe. She spoke at the Paris car show.
Wall Street's main indexes opened muted on Monday, with the Dow edging up and the Nasdaq slightly lower, as investors weighed rising oil prices and awaited major bank earnings and inflation data that could shape the Federal Reserve's rate path.
CMU OmniClear has launched asset servicing for equities under the CMU-SIX linkage, with Bank of China (Hong Kong) as the first member. The service allows CMU members to invest in Swiss and Spanish securities, boosting cross-border investment and Hong Kong's role as a gateway.
Broadcom CEO Hock Tan says AI chip demand will outpace supply for two more years, but investors lack understanding. Intel CEO Tan Lip Bu predicts a mix of chips, or XPUs, and quantum computing. Both spoke at DBS's Asia Future Forward conference.
Franklin Templeton CEO Jenny Johnson said AI investment is moving beyond developed markets into Saudi Arabia, Brazil and parts of Asia. She warned investors to scrutinise vendor financing and off-balance-sheet debt structures that underpin the boom.
CK Infrastructure chairman Victor Li told the group's CEO Symposium in Hong Kong that the company is in its strongest-ever financial position with ample firepower to pursue investment opportunities. The two-day event gathered chief executives of 20 member companies and focused on strategy, AI applic
Hong Kong's securities regulator has approved six companies as recognised securities registrars ahead of the paperless securities market regime taking effect next month. Two of them will provide services related to the new system, including converting paper securities to paperless form.
IMF chief Kristalina Georgieva urged member countries to respond quickly to rising inflation and cut large fiscal deficits, noting that an artificial-intelligence investment boom is keeping inflation resilient. She also said AI could boost Asian developed economies by 0.5 to 1 percentage point and h
Global finance chiefs from HSBC, Goldman Sachs, Morgan Stanley, UBS and Citadel Securities are expected to attend the Hong Kong Monetary Authority's fifth Global Financial Leaders' Investment Summit from November 2 to 4. The event will cover economic outlook, geopolitical risks and artificial intell
Hong Kong stocks ended slightly higher on Monday as mainland bank shares advanced, while property and tech stocks fell. The Hang Seng Index rose 59 points to close at 24,271, with turnover exceeding HK$162.6 billion.
HKEX CEO Bonnie Chan says the exchange aims to build a multi-asset ecosystem spanning equities, fixed income, currencies, commodities, derivatives, indices and data, with priorities including deepening secondary markets, international promotions, yuan internationalisation and exploring a tokenisatio
China's domestic passenger vehicle sales fell for a 12th consecutive month in September, dropping 28.1 per cent year-on-year to 1.63 million units, according to the China Passenger Car Association. Exports jumped 73.2 per cent to 923,000 vehicles, while a potential EU deal could halve Chinese hybrid
Hong Kong Exchanges and Clearing will list 12 new stock option classes on 9 November, covering stocks including Kingboard Holdings, ASMPT and Biren Technology. Each will offer weekly and monthly contracts from day one, expanding investor choice.
Hong Kong shares saw gains narrow by midday Monday. The Hang Seng Index rose 0.17 per cent, while Xiaomi dropped 4.8 per cent. Turnover reached HK$86.1 billion. Mainland markets also fell.
IMF Managing Director Kristalina Georgieva says artificial-intelligence infrastructure investment is keeping the world economy growing at about 3 per cent, with major benefits for Asian hardware suppliers such as Thailand. AI investment could boost growth in advanced regional economies by half to on
Hong Kong stocks opened higher on Monday, with the Hang Seng Index rising 0.92 per cent. Alibaba jumped 3.1 per cent, leading blue-chip gains, while pharmaceutical stocks also outperformed the market.
Tencent announced plans to issue senior unsecured notes in US dollars and offshore Chinese yuan under its global medium-term note programme. Banks including JPMorgan, Goldman Sachs, HSBC and Morgan Stanley are leading the offering, with a potential investor call scheduled.
FWD Group plans to acquire a 25 per cent stake in Bolttech Insurance Hong Kong for US$20.72 million. The deal aims to deepen their partnership in group medical insurance and expand cooperation in personal general insurance products.
US stock indices rose last week. This week, markets watch for September CPI data, the Fed's Beige Book, and IMF-World Bank meetings. Major banks including Citigroup and JPMorgan report quarterly earnings.
France faces a deepening fiscal crisis as pandemic-era bonds mature, with 10-year yields at 4.84 per cent. The debt agency plans a record €340 billion borrowing in 2027, while political constraints and welfare protests hinder reform. Analysts warn of contagion risks to global bond markets.
South Korean stock turnover has fallen 70 per cent from its May peak, with foreign investors withdrawing US$131 billion this year. Samsung Electronics foreign ownership hit 46.38 per cent, a low since 2008. The market's reliance on memory-chip giants has become a liability amid AI investment shifts.
Chinese Apple supplier Luxshare Precision Industry said a US patent infringement investigation launched on 9 October is unlikely to have a material adverse impact on its business. The probe concerns vertical power delivery systems, but related products have not entered mass production.
DBS aims to reach S$1 trillion in assets under management by 2030, with Hong Kong and Singapore as complementary wealth hubs. The bank plans 18 new wealth centres globally, including one in Tsim Sha Tsui, and will use AI, partnerships and talent to accelerate growth.
Mixue's debut Hong Kong branch in Mong Kok closed on October 7 after its lease expired, with plans to reopen nearby. The brand, known for low prices, operates 10 branches in the city and is expanding globally, recently entering Mongolia and Uzbekistan.
European stock markets rose nearly 1% or more on Friday, led by automakers after a China-EU deal halved exports of some electric vehicles. Telecoms fell sharply after SpaceX agreed to buy a US low-band spectrum portfolio, sending Deutsche Telekom down nearly 8% and Vodafone over 4%.
Hong Kong Disneyland Resort reports strong attendance and revenue growth from pin trading and Disney Lorcana card game events, with the Pin Trading Carnival attracting over 8,000 participants and the Lorcana Collection Quest drawing more than 60,000 visitors. The annual merchandise showcase highligh
US consumer sentiment fell to 46.3 in early October from 48.1 in September, the University of Michigan survey showed, as rising prices linked to the Middle East conflict weighed on households. Inflation expectations for the year ahead edged up to 4.7 per cent.
Wall Street opened higher on Friday, with the Dow, S&P 500 and Nasdaq all gaining ground as oil prices fell on easing Middle East supply concerns. Telecom shares remained under pressure after SpaceX's spectrum acquisition raised competitive worries across the sector.
Johnson Electric warns its interim profit will fall 56-62 per cent on a year earlier. It blames forex losses, pricing pressure, rising input costs and inflation, partly offset by favourable tax and provision changes.
Hong Kong's securities regulator said it has launched 17 tokenised retail products with US$1.3 billion in assets under management, up 78 per cent in the past year. The SFC and HKMA are jointly exploring tokenised deposits and funds under Project Ensemble.
Hong Kong's Hang Seng Index rose 425 points, or about 1.8%, to close at 24,211 on 9 October 2026. The tech index surged over 3%, driven by Xiaomi, Alibaba, Meituan and Tencent, while financial and gold-related stocks also supported gains.
Chinese mainland stocks pared early losses to close slightly higher on Friday, helped by a late-session rebound in AI-related video and film shares. The ChiNext index reclaimed the 3,000-point level after falling more than 10 months low.
Gold demand in India slowed this week as domestic prices rebounded from a near two-month low, while trading in China remained subdued after the Golden Week holiday. Dealers in India offered discounts of up to US$6 an ounce, narrowing from last week, as imports declined.
The Financial Stability Board urged authorities to strengthen emergency funding for failing banks, finding fewer than half of jurisdictions have clearly defined and deployable arrangements. The review follows the 2023 banking turmoil and the Credit Suisse collapse, recommending pre-identified public
迅清結算首席商務總監霍炳光表示，亞太地區金融基建落後於政策與監管發展，令市場參與者依賴美元抵押品並產生轉換成本。該公司正構建網絡，讓包括中國國債等資產在區內流動，以提升效率。他亦指監管機構對證券借貸的過度審慎態度，源於亞洲金融風暴經驗，限制資本市場增長。
Dan Ivascyn of Pimco told the Financial Times the US 10-year Treasury yield could reach 6 per cent for the first time since 2000, driven by high oil prices, inflation fears and growing public debt. The yield has risen nearly 120 basis points this year and was last above 5.34 per cent.
SFC CEO Dora Liang says Hong Kong stock market daily turnover exceeded HK$270 billion this year, up about 160 per cent from 2023, reflecting effective liquidity-boosting measures. The city is advancing reforms including a T+1 settlement cycle and narrower trading spreads.
Asia-focused investment firm PAG is in exclusive talks to acquire a majority stake in Evergrande Property Services, a unit of debt-laden developer China Evergrande Group. Sources say PAG is the selected bidder, with an exclusivity period ending on October 27.
US regulators fined American Express US$350 million for an insufficient anti-money laundering programme, saying the lender missed reporting roughly US$13 billion in suspicious activity over a decade. The Office of the Comptroller of the Currency and the Federal Reserve announced the action on Thursd
Hong Kong's securities regulator says extended trading hours will first apply to derivatives, helping investors respond to global markets. The bourse will issue a consultation paper this quarter on extending cash market trading. Other measures include tokenised money and digital Hong Kong dollar set
Meta, owner of Facebook and Instagram, has banned advertisements from TikTok's parent company ByteDance on its platforms in the US, Canada, Egypt, Indonesia, Japan, Thailand and Vietnam. The ban takes effect immediately and also applies to third-party advertisers promoting ByteDance properties.
St. Louis Fed President Musalem says the U.S. central bank needs to raise interest rates again to bring inflation back to 2% in a timely manner, possibly within 18 months. He notes financial conditions remain loose despite higher Treasury yields.
US stocks ended mixed on Thursday, with chip stocks falling after a report said OpenAI's annualised revenue was US$20 billion lower than previously suggested. The Dow Jones rose 0.1 per cent, while the Nasdaq fell 1.3 per cent.
Starbucks has explored a takeover of Chipotle Mexican Grill, according to the Financial Times, a move that would reunite Chief Executive Brian Niccol with the burrito chain. Analysts caution the deal could be costly for Starbucks, which is investing heavily in a turnaround.
Chinese Commerce Minister Wang Wentao met European Trade Commissioner Maros Sefcovic in Beijing on Thursday for two days of talks aimed at reducing the EU's growing trade deficit with China, which exceeds 1 billion euros a day.
US weekly jobless claims slipped to 197,000, holding near 57-year lows for a fourth straight week. Economists describe a 'low-hire, low-fire' market, with layoffs minimal but hiring weak, complicating job searches. Fed officials view the labor market as stable, with a rate hike expected in December.
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