Catenaa, Thursday, May 08, 2025- Asian stocks rose moderately on Thursday after the US Federal Reserve kept its interest rates unchanged as expected by the market and Wall Street finishing high. Japan’s benchmark Nikkei 225 edged up 0.5% in afternoon trading,  Australia’s S&P/ASX 200 added 0.24%, South Korea’s Kospi rose 0.5%, Hong Kong’s Hang Seng […]

Catenaa, Monday, May 26, 2025- China automakers stocks fell on Monday after industry leader BYD offered fresh incentives on over 20 models and Great Wall Motors CEO warned that the world’s largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD closed 8.6% lower, while Geely Auto fell 9.5%. Others, such […]

Catenaa, Monday, April 07, 2025- China investors saw an Ugly Monday as the markets fell by nearly 7% as the nation retaliates to US tariffs after an extended weekend. The Shanghai Composite index fell by 6.34% on Monday morning, CSI 300 fell by 6.47%, and the Hang Seng Index fell by 10.4%. A gauge of […]

Catenaa, Wednesday, February 19, 2025- The increasing demand for Hong Kong (HK) equities has caused local banks to borrow $ 707 million to maintain interbank liquidity on Tuesday, the largest overnight cash amount since 2019. Data compiled by Bloomberg said the Hong Kong Monetary Authority has loaned out HK$ 5.5 billion ($ 707 million) through its so-called […]

Catenaa, Monday, March 24, 2025- Xiaomi is offering a share sale seeking to raise $5.3 billion to capitalize on the rally around Chinese stocks to expand its EV business, a Bloomberg report said on Monday. The EV and mobile maker is offering 750 million shares at HK$52.80 to HK$54.60 apiece, according to terms of the […]