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Month: March 2023

Posted on 29/03/2023

Hong Kong private home prices rise for second straight month in February

HONG KONG: Hong Kong private home prices climbed 2.2 per cent in ... by survey company Demographia as the least affordable city in the world in 2022 based on property prices versus median income, with ...

Posted on 29/03/2023

Hong Kong Home Prices to Rebound Up to 8% This Year, S&P Says

Hong Kong’s residential property prices are expected to increase this year after the removal of Covid restrictions and the border reopened with mainland China, according to S&P Global Ratings. A price ...

Posted on 29/03/2023

Hong Kong Home Prices Rise for Second Straight Month in Feb

HONG KONG (Reuters) - Hong Kong private home prices climbed 2.2 ... official data showed on Wednesday. The financial hub this month was ranked by survey company Demographia as the least affordable ...

Posted on 29/03/2023

Sa Sa’s Cautious Revival Shows Pessimism Over Hong Kong Recovery

Hong Kong’s biggest cosmetics chain plans to open just a handful of new stores this year after shutting dozens during the pandemic as doubts remain that the city will return to its pre-Covid heights ...

Posted on 29/03/2023

Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement

Hang Seng Bank and Chubb have entered into an exclusive 15-year distribution agreement. Beginning July 2023, Chubb will offer Hang Seng banking customers general insurance products and solutions in ...

Posted on 29/03/2023

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng

Investing.com-- Most Asian stock markets rose on Wednesday as regulators further downplayed fears of a banking crisis, while Hong Kong’s Hang Seng index rose sharply ... the recent collapse of Silicon ...

Posted on 29/03/2023

Hong Kong police search city for suspect in fatal knife attack on elderly man

Victim, 70, was attacked soon after leaving his house in Yuen Long for early morning exercise on Wednesday, according to police Another man in separate incident escapes knife attack by up to six ...

Posted on 29/03/2023

Hong Kong leads Asian markets higher on Alibaba boost

Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six business groups ... Wednesday ...

Posted on 29/03/2023

Alibaba’s Hong Kong shares set to open up 15% on split-up plans

(Reporting by Josh Horwitz in Shanghai and Donny Kwok in Hong Kong; Editing by Muralikumar Anantharaman and Sam Holmes) A famous market watcher who called the subprime mortgage crisis is warning that ...

Posted on 29/03/2023

Alibaba’s Hong Kong shares surge 16% on split-up plans

TOKYO (Reuters) - The safe-haven U.S. dollar remained on the back foot on Wednesday following two days of losses as global financial markets regained a... 10:02pm EDT JPMorgan's Jamie Dimon to be ...

Posted on 29/03/2023

Hong Kong ‘determined’ to be a regional hub for green tech and finance, city’s Paul Chan says

City's finance chief told the Post's China Conference: Southeast Asia in Singapore that Hong Kong was determined to position itself as a green hub It would start by building its green technology ...

Posted on 29/03/2023

Lalatech, the start-up behind Lalamove logistics service, files for Hong Kong IPO after turning its back on New York

On-demand logistics start-up Lalatech, which operates Lalamove and Houlala, files application to list on the Hong Kong stock exchange The Lalamove operator had considered a US IPO two years ago, but ...

Posted on 29/03/2023

Alibaba shares soar 15% in Hong Kong on news of major overhaul

Hong Kong-listed shares of Alibaba climbed at the open on Wednesday after the company announced a significant overhaul to split its company into six business groups. The company in its announcement ...

Posted on 29/03/2023

Chubb and Hang Seng sign 15-year bancassurance deal

Hang Seng Bank and Chubb have signed a 15-year exclusive general insurance distribution agreement that sees the insurer providing the Hong Kong bank’s customers with its range of personal and ...

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