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Stock disaster in 1983 (Negotiation deadlock between China and United Kingdom on Transfer of sovereignty over Hong Kong) 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 ...
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.
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.
Hong Kong has turned into a hub for many violations of U.S. trade controls, including export of controlled Western technology to Russia and the creation of front companies to buy Iranian oil, the ...
Before he was battling police on the front lines of Hong Kong's democracy movement, Tony Tsang, 18, was best known to his peers as a school vice-captain, organising events for fellow students ...
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.
The U.S. stock market soared on Wednesday, delivering significant gains in the first day of trading after the presidential election. The Dow Jones Industrial Average rose 3.6%. That performance ...
Hong Kong 1 July march in 2014. There are differences in culture and political backgrounds between those from Hong Kong and mainland China. Hong Kong was ruled by the British based on the system of letters patent from the 1850s to 1997, whereas China has been under the control of the Chinese Communist Party from 1949 onwards. [81]