Investor confidence in Hong Kong is dwindling as the government loses its grip on an escalating outbreak of the Omicron variant of SARS-CoV-2.
Bearish bets against Hong Kong’s shares have climbed to records and the benchmark Hang Seng Index is near a two-year low. Residents are converting the local currency into China’s yuan at the fastest pace in more than a decade, while the Hong Kong dollar is moving toward the weak end of its trading band against the greenback.
Even the territory’s typically resilient property market is showing cracks, with a gauge of home prices falling to an 11-month
(Bloomberg) If there was ever a binary trade in China, it’s on whether the country will wind down Covid Zero and reopen its borders. A rally in Macau casino stocks shows some investors are betting that may happen soon, despite plenty of evidence to the contrary.
/PRNewswire/ LUMICKS, a leading life science tools company that develops equipment for dynamic single-molecule and cell avidity analysis, today announced.
AMSTERDAM, Feb. 15, 2022 /PRNewswire/ LUMICKS, a leading life science tools company that develops equipment for dynamic single-molecule and cell avidity analysis, today announced that its