Page 8 - ஹாங் காங் பட்டியலிடப்பட்டுள்ளது சீன News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Reuters Staff 2 Min Read SHANGHAI, Jan 22 (Reuters) - Heavy foreign flows into Hong Kong’s stock market drove borrowing costs to multi-year lows this week, prompting investors to suspect there won’t be any need for the customary official liquidity support ahead of the upcoming Lunar New Year holiday. Hong Kong’s interbank offered rate, a gauge that measures cash conditions in the financial hub, eased to around 0.17% in the two-month tenor on Friday, its weakest since Feb 2011. The three-month HIBOR slid to 0.24018%, its lowest since March 2011. Short term money rates also edged lower. The massive amounts of Chinese and foreign cash pouring into Hong Kong have pushed the benchmark Hang Seng Index above 30,000 point mark for the first time since May 2019 this week, and it has gained more than 8% this year.

United statesHong kongVidya ranganathanKen cheungThomson reuters trust principlesMizuho bankLunar new yearHang seng indexHong kong listed chineseStock connectWinni zhouAndrew galbraith editingThomson reuters trustMarkets hongkongAsia pacificChina prc