Hong Kong home prices hit all-time highs this year ... The local monetary authority in the same month introduced fresh curbs on second-home mortgages as well as borrowers whose income is derived mainly from overseas sources. The recently sold home was ... ( read original story ...)
13,000 buyers swamp Tseung Kwan O property project for just 400 flats, despite Hong Kong official warning about market
“Judging from Hong Kong’s history and property markets around the world ... He would not rule out another round of tightening measures on property mortgage loans, as he said there were no signs of a downward cycle in the market at the moment. ( read original story ...)
Hang Seng slips 1.3pc
to HK$341.60 and China Construction Bank (0939) was down 1.66 percent to HK$6.51. Insurer AIA (1299) lost 1.17 percent to HK$59.20. China Resources Land (... Stocks in Hong Kong and China tumbled today. The benchmark Hang Seng Index shed 380.19 points ... ( read original story ...)
Hong Kong initial coin offering case studies: 330 Cubits and Gatcoin
“The challenge we have is a chicken and egg one,” said Johnson Leung, co-founder of 300 Cubits, a company in the midst of launching an ICO in Hong Kong, and hoping to revolutionise ... further development of the business. As well as raising capital ... ( read original story ...)
Hong Kong fast developing as a cryptocurrency centre
“The co-founders all have experience doing business in Asia, and we felt Hong Kong was the right place for us. The market is fast developing and we wanted to get in early and try to shape it.” An ICO is a means by which companies developing projects ... ( read original story ...)
ZhongAn jumps in Hong Kong debut after $1.5bn IPO
HONG KONG (Nikkei Markets) -- ZhongAn Online P&C Insurance jumped as much as 18% on its stock exchange debut on Thursday, as investors bet on the prospects of China's largest online insurer backed by marquee investors including billionaire Jack Ma. ( read original story ...)
HSBC : Fed says fined HSBC $175 million for ‘unsafe’ forex trades
02:36p HSBC: Publication of base prospectus supplement - Announcement made to the HK s.. 02:26p HSBC: Publication of base prospectus supplement (1-page PDF 65KB) 01:31p HSBC: Retirement of Chairman – overseas regulatory announcement (1-page P.. ( read original story ...)