Hong Kong's two biggest lenders - HSBC and Bank of China (Hong Kong) - have further squeezed their margins on mortgage loans to compete for market share, setting off another round of industry-wide rate cuts that can further heighten the property market craze. ( read original story ...)
Rugby: Fiji’s Jerry Tuwai and All Black Tim Mikkelson invite all to watch the HSBC Singapore 7s
SINGAPORE - Following the Apr 6-8 Hong Kong leg, the HSBC Singapore Rugby Sevens returns to the National Stadium from April 28-29. Fiji Sevens back Jerry Tuwai and All Blacks sevens wing Tim Mikkelson each have a video message inviting rugby enthusiasts to ... ( read original story ...)
Nei Ho from Xero Hong Kong
Xero is officially expanding our presence to Hong Kong today, and we are thrilled to be calling this colourful and diverse concrete jungle our second home in Asia! Following the establishment of two monumental partnerships with HSBC and DBS in Hong Kong ... ( read original story ...)
Property price rises and stocks create a million millionaires in Hong Kong
Out of a total population of around 7.36 million, around one in seven people in Hong Kong is now a millionaire, and property is the main investment vehicle. Rising property prices as well as growing stock markets have both contributed to the increase in ... ( read original story ...)
Banking royal commission has an impact in Hong Kong
Global equity investors have questioned CEOs of the big four about the impact the banking royal commission will have on compliance and regulatory costs. David Rowe The Hayne royal commission muscled its way into Asia's biggest investment conference in Hong ... ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
https://news.efinancialcareers.com/hk-en/304695/julia-raiskin-citi/ It’s the post-bonus hiring season and if you’re looking for a banking job in Singapore or Hong Kong, Citi may well be on your radar right now. Asia is one of Citi’s fastest growing ... ( read original story ...)
Hong Kong investors stake HK$170 million as they roll the dice on coach trips to Macau using new bridge
Hong Kong investors are splashing some HK$170 million (US$22 million) on new fleets of coaches to ply the Hong Kong-Zhuhai-Macau bridge, in what could be a gamble aimed at winning a bigger slice of the market for travel to the casino city. But Macau’s ... ( read original story ...)
Hong Kong families lose appeal against immigration rule denying stay of loved ones in city
The future of three Hong Kong-based families was thrown into limbo on Monday, after a court rejected their appeal against a decision by the Immigration Department that disallowed their loved ones to continue staying in the city. The affected people are ... ( read original story ...)
Hong Kong regulator finds compliance failures in IPO sponsors’ work
HONG KONG (Reuters) - Hong Kong’s securities regulator said on Monday it had found compliance failures in financial institutions’ roles sponsoring initial public offerings (IPOs) in the Asian financial hub. The Securities and Futures Commission (SFC ... ( read original story ...)
Hong Kong’s most exceptional property industry professionals honoured at RICS Awards, Hong Kong 2018
2018 marks the 150th anniversary for RICS. The annual RICS dinner and award presentation ceremony, held 23 March 2018 at the Grand Hyatt Hong Kong, is one of the highlighted events for celebrating this milestone. RICS CEO Dr Sean Tompkins joined the event ... ( read original story ...)
Hong Kong Property Review 2018 preliminary findings released
The Rating and Valuation Department today (March 23) released the preliminary findings of its annual review of production and activities in the local property market. The preliminary findings, to be incorporated in the Hong Kong Property Review 2018, cover ... ( read original story ...)
Home sales in Hong Kong rose strongly in February despite it being slow time of year
Residential property sales in Hong Kong soared 34% year on year in February despite it being a traditionally low season for the real estate market, the latest analysis report shows. Sales were also up 4% month on month and in the prime property sector ... ( read original story ...)
‘Prefabricated social housing for Hong Kong’s needy may be completed by next September’
Construction of Hong Kong’s first social housing development made from prefabricated units could be completed as early as September next year under a government-backed pilot project for the needy. Property giant Henderson Land Development agreed to lease ... ( read original story ...)
Thieves evade cameras and guard dogs in Hong Kong’s latest high-profile home burglary
In Hong Kong’s latest high-profile residential burglary, thieves evaded surveillance cameras and two guard dogs as they broke into a three-storey house and prised open and emptied a safe before daybreak on Monday. A domestic helper, 34, was unhurt during ... ( read original story ...)