Mainland Chinese investors are heavily investing in the Hong Kong stock market as the Hang Seng Index reaches three-year highs, with record purchases of 29.62 billion HKD on Monday. The Shanghai and Shenzhen Connect programs have facilitated easier access for local investors, leading to significant net buys in Hong Kong-listed stocks of companies like Alibaba and Tencent. Amid global trade concerns, the Hang Seng Index saw a slight drop on Tuesday, but Chinese support for tech innovation and fiscal stimulus measures continue to drive investor interest.
Full Article
Cargo ship's captain arrested over North Sea crash
The captain of the Solong cargo ship has been arrested on suspicion of gross negligence manslaughter after colliding with the Stena Immaculate oil tanker in the North Sea. A crew member from the Solong is missing and presumed dead, with both ships expected to remain afloat. Investigations are underway by Humberside Police, the Maritime and Coastguard Agency, and the Marine Accident Investigation Branch to determine the cause of the collision. Full Article
Read more