Sheung Wan Latest News (Hong Kong Island, Hong Kong)

The stock market clips continuous losses at session wrap up today, Wednesday, with all major indexes inching higher. This is the first time in 3 days that the equity benchmarks made gains.

There is no denying that super apps have changed every aspect of our lives

ABE Financial Group today announced the appointment of Ronnie Cheung as their new Global Head of Corporate Advisory.

Renaissance Holdings and Investment today announced the appointment of Mike Wei as Head of Asian Economics.

Stock market gained momentum as investors digest news of March retail sales that went beyond expectations.

Today's market session wraps up with yesterday's winners pulling back and losers gaining.

Investors are now back to tech stocks after Fed Chief Powell reiterated that inflation isn't happening in the near future because they have confirmation from central banks that it will be held off.

Major indexes closed mixed on today's trading session while S&P 500 managed to record an all-time high. News about the economy is also a scramble as the latest report about the deficit in U.S. trade skyrocketing to a record.

Stocks came out strong first week of 2021's second quarter. Positive news kept on coming in and greatly affected the market's direction which came out to be a lot better than last week's close.

ABE Financial Group today announced that it has received the green light to start servicing the needs of clients in South Korea.

Renaissance Holdings and Investment will host its Latin American Investment Conference at their Hong Kong headquarters on Thursday 8th April.

Stock Market ended up mixed after a big time selloff happened in the market which seems to have been led by a South Korean business tycoon 'Bill Hwang' with his company called Archegos Capital.

Investors are now focusing on stocks that would grow more with or without the economy's recovery of the economy however most tech stocks are the least of gainers on today's session.

Tech giants has led market rally at the opening session of this week. Microsoft, Intel, Tesla and Apple, alongside other major tech stocks, gained at least 2% today placing NASDAQ Composite higher amongst the 3 major market indices.

Market on Tuesday, ended in a lull as most investors adopted a wait and see attitude until FOMC's announcement tomorrow. The two-day meeting began today and investors are looking for guidance from the FOMC about inflation and tax rates.

US stock market stayed on the low side for the most part of this month not until Fed Chief Powell and the Federal Reserve meeting made a positive feedback to the market. Major Indices rallied closing first half of March slightly higher.

US stock market moving sharply bouncing up as it rallies first Monday of March, getting back some of its losses from last month's kicks. The vaccine has help boost the market optimism with investors looking forward to the economies recovery.

Major indices have ended the last Monday session of February mixed with Nasdaq shedding less than 2.5%.

ABE Financial Group today announced that Robert Shen has been appointed as Director of Private Equity for ABE Financial Group.

Major indices started the market with positive ticks but ended with small declines after reaching intraday record highs this Wednesday afternoon.

Renaissance Holdings and Investment today announced that Jack Jennings has joined Renaissance Holdings and Investment's as their new Global Head of Investments.

ABE Financial Group today announced that it is to establish a joint venture in Singapore and the discussions that started late last year have been finalized.

​Davenport has announced that they have won a contract to supply containers and construction equipment for the expansion of the Al Maktoum International Airport in Dubai.

Renaissance Holdings and Investment today announced that they will release their annual Alternative Investment Survey in the coming days.

ABE Financial Group today announced that Henry Xiao will join the Firm's Global Assets Division for distressed and stressed assets.

Major Indices rallied on a great day in Wall Street and ended up mixed after positive reports with regards the new stimulus aids carries on after the US election and a rebound in crude oil's price.

As tech sell-off continues Nasdaq and S&P 500 both dropped in today's trading session, but Dow did not follow suit instead outperformed and added another 200+ points gain from yesterday's bout.

As everyone is currently nervous with the ongoing US Presidential election, major indices rallied and fortunately closed the market higher.

Stocks rallied mixed after widespread selling due to concern in the renewed growing number of coronavirus cases in the US and some other countries.

The major stocks in the US market has slid after House Speaker Nancy Pelosi set a new deadline to pull of an agreement about the renewed proposal on the coronavirus aid bill which as of this writing remained uncertain.

Stocks rose as trading session starts this week led by tech related shares and so with investors who are keeping an eye to a round of quarterly corporate earnings report.