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Hong Kong shares end higher on tech, financial rally

Tencent rises 3.93% after Sogou deal approved HSBC jumps after Bank of England scraps dividend curbs July 13 (Reuters) - Hong Kong shares rose on Tuesday as high tech and financials stocks rallied, after Chinese regulators approved a deal involving index heavyweight Tencent Holdings and after the Bank of England scrapped dividend curbs on lenders including HSBC. At the close of trade, the Hang Seng index was up 448.17 points, or 1.63%, at 27,963.41. The Hang Seng China Enterprises index rose 1.69% to 10,113.32. Tech firms in Hong Kong drove gains, with the sub-index of the Hang Seng tracking the IT sector rising 3.3% and the Hang Seng Tech index up 1.94%. Tencent Holdings Ltd jumped 3.93% after China’s antitrust regulator on Tuesday approved its plan to take the country’s no.3 search engine Sogou Inc private in a $3.5 billion deal. The financial sector also gained, rising 1.54% with Hong Kong shares of HSBC Holdings Plc ending 2.62% higher after the Bank of Eng

The Electric Cars Market Sees Great Opportunity In Wireless Charging

Electric Cars Global Market Report 2021: COVID 19 Growth And Change To 2030 The Business Research Company’s Electric Cars Global Market Report 2021: COVID-19 Growth And Change to 2030 LONDON, GREATER LONDON , UK, July 14, 2021 /EINPresswire.com/ The development of wireless charging facilities for electric vehicles is the greatest opportunity for both OEMs and end-users. Wireless charging enables charging of an electric vehicle without any inconvenience of finding the right cable connector at the charging point, and/or stopping by at any charging station. Wireless charging uses dynamic and inductive charging technologies where the electricity is transferred from one magnetic coil in the charger to a second magnetic coil connected to a car. Tesla, BMW, Rolls Royce, Volkswagen, Nissan, etc. are working on wireless charging system cars because the OEMs and technology companies figured out that it is much easier to charge an electric vehicle by wireless charging system than a plug-i

Hong Kong shares end higher on tech, financial rally

Hong Kong shares end higher on tech, financial rally
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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