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Month: May 2022

Posted on 28/05/2022

Hong Kong renewal project to build more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

Urban Renewal Authority is looking to acquire property interests in the area for its second-largest redevelopment project Union chair for Thai workers says community could become further fragmented ... ( read original story ...)

Posted on 28/05/2022

EXCLUSIVE HSBC clients query bank on climate, one to review engagement – sources

HSBC is facing queries from customers about its commitment to fight climate change after a senior banker downplayed the risks, sources told Reuters, with at least one large institutional investor ... ( read original story ...)

Posted on 27/05/2022

Hong Kong renewal project to built more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

With the combined area accounting for 1,000 property interests, the authority on Friday said ... According to a government census in 2016, more than 800 of Hong Kong’s 10,215 Thai residents live in ... ( read original story ...)

Posted on 27/05/2022

Hong Kong home prices in April rise for the first time in three months, as deals gain momentum on easing coronavirus curbs

Hong Kong’s home price index reversed a three-month losing streak ... “The index will widen its increase in May, but the overall property price [index] in the first half will still see a slight ... ( read original story ...)

Posted on 27/05/2022

Cambridge councillors clash over claims city homes marketed to Hong Kong property investors

Councillor Mike Davey said the Cambridge Investment Partnership "has never sought to attract international property investors". ( read original story ...)

Posted on 27/05/2022

Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review

Alibaba HK and Baidu HK gained +12.21% and +14.26%, respectively, following their expectation-beating financial results, which we covered in yesterday’s note. This morning, following the market close ... ( read original story ...)

Posted on 27/05/2022

Greater Bay Area the next big battlefield for banks as revenues set to hit US$200 billion by 2025, HSBC executive says

HSBC plans to make inroads into the lucrative Greater Bay Area, as Hong Kong's largest lender expects banking sector revenues in the area to reach US$200 billion by 2025, according to a senior ... ( read original story ...)

Posted on 27/05/2022

Thousand of people are leaving Hong Kong — and now it’s clear where they’re going

Many global cities stand to benefit from Hong Kong’s increasing “brain drain” of talent. Here are the major metropolises that are taking the talent in. ( read original story ...)

Posted on 27/05/2022

Hong Kong police hunt for triad gang after man hacked to death, woman beaten unconscious with chair in gambling den ambush

Couple were trying to recover HK$100,000 debt Lovers attacked with knives, chairs and metal rods Hong Kong police are searching for a gang of triad members and an alleged drug trafficker in connection ... ( read original story ...)

Posted on 27/05/2022

Vietnam: Unleashing The World’s Future Innovation Powerhouses

Stock This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. ( read original story ...)

Posted on 27/05/2022

UAE port operator DP World warms to more wind, solar, hydropower, biomass and nuclear energy in Asia, in net zero aim

Firm, moving 10 per cent of global cargo, plans to invest hundreds of millions of dollars in decarbonisation strategy and says population’s needs can be met sustainably. ( read original story ...)

Posted on 27/05/2022

Sequoia-Backed Growatt Weighs $500 Million Hong Kong IPO

(Bloomberg) — Growatt, a Chinese smart energy solutions company, is considering a Hong Kong initial public offering to raise as much as $500 million, according to people familiar with the matter. We ... ( read original story ...)

Posted on 27/05/2022

Hong Kong’s incoming leader John Lee to travel to Beijing

Incoming Hong Kong leader John Lee will travel to Beijing on Sunday to accept a letter that officially approves his appointment as the city’s next chief executive. A government statement confirmed ... ( read original story ...)

Posted on 27/05/2022

Hong Kong home prices reverse 3-month drop to climb 0.5% in April

Hong Kong private home prices reversed a three-month decline in April, the latest official data showed on Friday, as the financial hub stabilised after COVID ... ( read original story ...)

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