Search results
Results from the WOW.Com Content Network
The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. [8] It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation.
The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way.
The loss snapped a seven-day winning streak for the benchmark index. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%. Stock market today: Losses for Big Tech pull ...
The two exchanges merged to form the Hong Kong Stock Exchange in 1947 and re-establish the stock market after the Second World War. Rapid growth of the Hong Kong economy led to the establishment of three other exchanges – the Far East Exchange in 1969; the Kam Ngan Stock Exchange in 1971; and the Kowloon Stock Exchange in 1972. [citation needed]
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
Hoeng 1 gong 2 Ging 1 zai 3 Yat 6 bou 3 The Hong Kong Economic Times (abbreviated as the HKET ) is a financial daily newspaper in Hong Kong. It was founded by Lawrence S P Fung ( Chinese : 馮紹波 ; Chairman), Perry Mak (Managing Director), Arthur Shek Kang-chuen ( 石鏡泉 ; Executive Director) and others.
Stock disaster in 1987 (Black Monday) Stock disaster in 1989 (Tiananmen Square protests) 1990s. Bear market from 1997 to 1998 (Asian financial crisis) 2000s. Stock disaster in 2000 (Dot-com bubble) Stock disaster in 2003 (SARS crisis) Stock disaster in 2007, 2008, 2009 (Great Recession) 2010s. Stock disaster in 2011 (United States debt-ceiling ...