Gavin Morgan of the real estate firm says it's "cautiously optimistic" on Hong Kong's commercial property market and discusses how the hybrid work model has affected the sector. ( read original story ...)
Chinese Cosmetics Maker Chicmax Said to Plan Hong Kong IPO
Chinese cosmetics manufacturer Shanghai Chicmax Cosmetic Co. is planning an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter. ( read original story ...)
Asian stocks mixed after Wall St falls on rate hike worries
Asian stock markets were mixed Monday after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March. Shanghai and Hong Kong advanced. ( read original story ...)
Bond market braces for hectic week
Dollar-denominated bond supply may peak this week as borrowers look to print deals before further rate volatility kicks in and ahead of the Chinese New Year holidays beginning January 31. At least ... ( read original story ...)
More Hongkongers turned to financial and food assistance last year as Covid-19 upended society
About 310,000 people benefited from cash allowances under Comprehensive Social Security Assistance scheme by the end of November last year. ( read original story ...)
Hong Kong: HK set to grasp new opportunities
While the pandemic has once again prevented me from greeting you in person, I will not forgo an opportunity to give you an account of where Hong Kong stands in our financial services and am therefore ... ( read original story ...)
Hong Kong financial chief warns of impact from latest COVID-19 outbreak, vows policy support
Jan 09, 2022 03:24 PM The Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Chan Mo-po said on Sunday that the latest Omicron variant outbreak in the region has affected local ... ( read original story ...)
Shimao puts residential projects on sale as China property woes deepen
Shimao has put all its projects on sale, local media reported, as Chinese property developers face mounting pressure to negotiate with their creditors to ease a liquidity squeeze in the sector that is ... ( read original story ...)
Hong Kong’s livi bank doubles customer base to 200,000 by end-2021
Its buy now, pay later service has received over 60,000 applications. Hong Kong’s livi bank has reached 200,000 customers in the city by end-2021, double that seen in mid-year. Of these, over eight in ... ( read original story ...)
China Bank Lending to Sustain Momentum in 2022
The surge in bank demand for bankers’ acceptance bills (BABs) in December 2021 should prove temporary, and is not likely to presage weakness in more traditional lending activity over 2022, says Fitch ... ( read original story ...)
Hong Kong Dollar to Euro Spot Exchange Rates for 2022
Date Hong Kong Dollar to Euro Monthly Exchange Rates; Saturday 1 January 2022: $1 HKD = €0.1128: Hong Kong Dollar Euro rate for 01/01/2022: Sunday 2 January 2022: $1 HKD = €0. ( read original story ...)
China venture funding hits record US$131 billion despite crackdown, as start-ups pivot to hard tech
Venture capital investments in China soared 50 per cent year on year to US$130.6 billion in 2021, with the focus shifting from the internet to hard tech, a sector shielded from the regulatory ... ( read original story ...)
Hong Kong stocks rally as Alibaba Health, Kuaishou push tech benchmark to best run in a month
Local stocks are headed for a third day of winning as investors pick up values in Big Tech from near an all-time low. China Life Insurance and developer Modern Land tumble on internal crises. ( read original story ...)
Hong Kong, mainland investors rush to apply for Portugal’s ‘golden visas’ ahead of new rules
Immigration consultants in Hong Kong and Macau told Lusa News Agency that Portugal’s new ‘golden visa’ rules, which came into effect on January 1, led to a rush for Portuguese immigration investment ... ( read original story ...)