A second stock connection with mainland China which opened late past year has allowed even more money to flow onto the semi-autonomous city's exchange.
Shares for Chinese technology company, Tencent hit a record high on Monday. The company is now closing in on the biggest businesses in the world including Facebook and Amazon.
"New economy companies like Tencent, as well as mainland banks and insurers, are major contributors to this round of the rally, and the Hang Seng Index crossing above 30,000 points means that funds remain bullish on China and Chinese firms", said Hong Kong-based strategist Linus Yip.
The Hong Kong gauge is increasingly reliant on Tencent, however, with the Chinese technology company accounting for nearly a third of this year's gains.
Just gazing at the previous twelve months unaided, Tencent's share worth has increased twice thanks to remarkable receiving reports like Q3.
The company also targets to bring its very popular multiplayer game, Honor of Kings, to the United States. The messaging app has 500m users in China which acts as a "portal" for thousands of different products, from payments to customer service. Tencent is now attempting to take over the US market and has acquired stakes in both Tesla and Snap. Alibaba is second behind Tencent, with a market cap of $481.1 billion.
Admission to the half-a-trillion-dollar-club which comprises of Apple, Alphabet, Facebook, Microsoft, and Amazon - approaches a week after Tencent posted benefits of 18 billion RMB ($2.7 billion) on incomes of 65.2 billion RMB ($9.8 billion) for Q3 2017.
Germany's president has urged the political parties to reconsider their positions and make it possible to form a new government. But after her efforts failed, only two options remain: forming a minority government or holding a new election.
Saad Hariri had unexpectedly resigned as Prime Minister from Saudi Arabia resulting in a political crisis in the region. Fireworks were heard in Beirut as Hariri supporters in mainly Sunni areas celebrated his impending return.
The campaign says former restaurant employees and a former customer don't remember Nelson working there or Moore eating there. White House spokeswoman Sarah Sanders has said the administration's position is that all of Trump's accusers are lying .
This update is meant to prevent the stolen coins from being a part of the system again by locking them into the hacker's wallet. Many exchanges purportedly use tether to hedge and transfer Bitcoin trades.
Naturally, Instagram users are speculating that those extra clothes belong to Kylie and Khloe's reported babies in the comments. Kris posted a photo that showed off the nine sets of pajamas that she plans on gifting to her grandkids.
Highs will scale back to the low to mid 50s on Thanksgiving Day , and showers may not be too far away from us toward the coast. Average high temperatures this time in November are in the lower to mid 40s so we will be slightly above.
The deputy CM accused Hardik of speaking "Congress' language" and that the reservation does not have constitutional validity. He said PAAS members who had already filed nominations ceased to be members of the outfit.
The explosion at a mosque in Nigeria killed 30 people
Boko Haram has waged an insurgency in northeastern Nigeria since 2009 in its attempt to create an Islamic state in the region. Boko Haram had even taken hold of the territory in 2014, but was pushed out by military troops the following year.
Iranian Hacker Charged in HBO Breach
According to the indictment , Mesri "was a member of an Iran-based hacking group called the Turk Black Hat security team". He said Mesri would face consequences even though United States authorities could not immediately arrest him.
Marvell to buy chip company Cavium for $6 billion
Marvell and Cavium each have complementary product sets spanning enterprise, cloud data center and service provider networks. The deal will see Marvell paying $40 for each Cavium common share and giving each shareholder 2.1757 Marvell common shares.