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5k Race for Humanity held to support Palestinian Refugees, raises over $16,000

5k Race for Humanity held to support Palestinian Refugees, raises over $16,000
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Global investment banks go long on Chinese assets amid global volatility, underpinning China s lead in new energy

An increasing number of global investment banks including Goldman Sachs and JPMorgan Chase & Co have lately rooted for Chinese assets, seeing the country as an investable equity safe haven amid woes over a recession brewing in the US.

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March net capital outflows from Chinese mainland market temporary, may change as firms expected to report solid earnings

Industry watchers try to decipher the reasons for net capital outflows from the Chinese mainland market over the past few weeks, with many saying that US monetary policy tightening to curb inflation and the fallout of China-US regulatory divergences are causing overseas investors to make a transient shift to a risk-off mode.

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HKEX launches first A-share derivatives product in fresh boost for city s financial market

The Hong Kong Exchanges and Clearing (HKEX), the operator of Asia s third-largest stock exchange, on Monday launched its first A-share derivatives contract, offering global investors an appealing risk management tool that attests to China s economic rebalancing, as the Hong Kong Special Administrative Region (HKSAR) muscles in as an international financial hub that backstops the globalization of the country s capital markets.

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HKEX posts stellar earnings for 2020

SOURCE / ECONOMY Shares hammered by city s proposed hike in transaction tax By GT staff reporters Published: Feb 24, 2021 08:28 PM HKEX File Photo Hong Kong Exchanges and Clearing (HKEX), the operator of Hong Kong s stock exchange, on Wednesday revealed record earnings for 2020, in the latest sign of the city s resilience as a global financial hub despite the complicated global environment. However, the stellar data failed to underpin the shares of HKEX, as an unexpected announcement of a local government plan for a 30-percent increase in the city s stamp duty on stocks trading hammered the market. Industry observers have mixed views on the repercussions of the proposed tax hike.

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