Trends - HongKong - Business Recorder

HongKong

Hong Kong equities soar on China stimulus

HONG KONG: Chinese property and financial companies led rally in Hong Kong stocks on Wednesday, as Beijing’s...

Published 03 Oct, 2024 06:31am

World

US-funded Radio Free Asia shuts Hong Kong bureau

HONG KONG: US-funded Radio Free Asia said on Friday it had closed its Hong Kong bureau citing concerns over staff...

Published 01 Apr, 2024 05:34am

World

US to impose new visa curbs on Hong Kong officials

WASHINGTON: The United States said on Friday it will impose new visa restrictions on a number of Hong Kong officials...

Updated 31 Mar, 2024 09:14am

Life & Style

‘World’s most durable DJ’ dies aged 98 in Hong Kong

HONG KONG: A beloved Hong Kong radio host dubbed the “world’s most durable DJ” by Guinness World Records has...

Published 15 Jan, 2023 04:01am

World

Hong Kong eyes reopening border with China by mid-January

HONG KONG: Hong Kong is aiming to reopen its border with China by mid-January, city leader John Lee announced on...

Published 25 Dec, 2022 03:29am

Technology

Tencent Music shares open at HK$18 each in Hong Kong debut

HONG KONG: China’s Tencent Music Entertainment Group shares started trading at HK$18 ($2.29) each in the company’s...

Published 21 Sep, 2022 11:47am

World

Hong Kong office vacancies double after protests, pandemic

HONG KONG: The amount of vacant top-tier office space has more than doubled in Hong Kong over the last three years ...

Published 19 Sep, 2022 05:45am

World

Mystery deepens over fate of Hong Kong's Jumbo Floating Restaurant

HONG KONG: Mystery over the fate of Hong Kong's Jumbo Floating Restaurant deepened Friday after its owner stirred...

Published 24 Jun, 2022 12:04pm

Markets

China shares fall as high valuations drain out power from EV stocks

SHANGHAI: China shares fell on Wednesday with new-energy vehicle makers leading losses as investors dumped equities...

Published 02 Mar, 2022 11:42am

World

Hong Kong expected to report record 10,000 new COVID cases on Friday

HONG KONG: Hong Kong is expected to report about 10,000 new COVID-19 infections on Friday, setting a new daily ...

Published 25 Feb, 2022 11:50am

Markets

Hong Kong unveils $22bn budget for virus plagued economy

HONG KONG: Hong Kong's finance chief on Wednesday unveiled a costly HK$170 billion ($21.79 billion) budget, ...

Published 23 Feb, 2022 10:12am

Markets

Hong Kong extends ban on flights from eight countries including Pakistan

HONG KONG: Hong Kong on Friday extended a ban on incoming flights from eight countries, including Pakistan, the...

Published 11 Feb, 2022 06:08pm

World

Hong Kong to report daily record of 610 new COVID cases

HONG KONG: Hong Kong is expected to report a record of around 610 new COVID-19 cases on Monday, while 300 others ...

Published 07 Feb, 2022 11:07am

World

New Covid infections in Hong Kong reach record high

HONG KONG: Hong Kong's "zero-Covid" policy was on the ropes Saturday as authorities announced a record number of new...

Published 05 Feb, 2022 05:24pm

Markets

Hong Kong stocks close slightly higher

HONG KONG: Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese...

Published 19 Jan, 2022 02:12pm

World

Hong Kong airport bans transit passengers from 153 countries

HONG KONG: Hong Kong announced a ban on passengers from more than 150 nations transiting its airport on Friday as...

Updated 14 Jan, 2022 01:29pm

World

Hong Kong to offer COVID-19 vaccine for children older than five

HONG KONG: Hong Kong will start offering COVID-19 vaccines for children over the age of five, Chief Executive Carrie...

Published 11 Jan, 2022 10:33am

Business & Finance

Cathay Pacific faces 'legal action' over Hong Kong virus outbreak: leader

HONG KONG: Cathay Pacific is being investigated and faces possible legal action over an Omicron variant coronavirus...

Published 11 Jan, 2022 10:01am

Pakistan

HK bans flights from 8 countries, including Pakistan

HONG KONG: Asian financial hub Hong Kong banned flights from eight nations on Wednesday as part of strict new virus...

Published 06 Jan, 2022 04:13am

World

Hong Kong ramps up virus controls, bans flights from Pakistan, 7 other countries

Flights from Australia, Canada, France, India, Pakistan, the Philippines, UK and US will be banned from midnight on Friday for the next two weeks

Updated 05 Jan, 2022 04:54pm

Markets

Chinese tech stocks drive Hong Kong gains

HONG KONG: Shares in Hong Kong opened with strong gains Friday, as surging Chinese tech stocks helped it shrug off a...

Published 31 Dec, 2021 09:36am

World

About 150 people trapped on roof of Hong Kong building after fire

HONG KONG: About 150 people were trapped on the roof of Hong Kong's World Trade Centre on Wednesday after a fire...

Published 15 Dec, 2021 01:01pm

Markets

China shares fall as Omicron variant, debt risks weigh

SHANGHAI: China's main Shanghai stock market fell on Tuesday, pressured by losses in materials, financial and...

Published 14 Dec, 2021 10:41am

Sports

Three jockeys in hospital, two horses die in Hong Kong big race fall

HONG KONG: Three jockeys were taken to hospital and two horses died after a horror fall marred the Group One Hong...

Published 13 Dec, 2021 06:45am

Markets

China’s Weibo falls on Hong Kong debut

HONG KONG: China’s Twitter-like social media platform Weibo fell during its debut on the Hong Kong stock exchange...

Published 09 Dec, 2021 04:29am

Business & Finance

Chinese developer misses major bond repayment of $179 million

BEIJING: Another Chinese property developer said Monday it had defaulted on a major bond repayment, citing liquidity...

Published 06 Dec, 2021 10:47am

Business & Finance

Cathay Pacific's liquidity strong, Omicron impact unclear

Hong Kong's Cathay Pacific Airways Ltd has maintained a strong liquidity position at a time when the impact of the...

Published 01 Dec, 2021 01:38pm

Markets

China’s October net gold imports via Hong Kong hit 3-year high

SHANGHAI: China’s net gold imports via Hong Kong jumped 56% in October from the previous month to the highest ...

Published 26 Nov, 2021 05:15am

Business & Finance

SenseTime gets go ahead for Hong Kong IPO

HONG KONG: Chinese artificial intelligence startup SenseTime Group has received approval for an initial public...

Published 22 Nov, 2021 05:31am

Markets

Asia markets mostly up but Alibaba plunge hammers Hong Kong

HONG KONG: Hong Kong tumbled Friday on an otherwise positive day for Asian markets, with Chinese ecommerce titan...

Published 19 Nov, 2021 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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