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Month: September 2023

Posted on 02/09/2023

Hong Kong and other parts of China grind to near halt as typhoon approaches

Trading on Hong Kong’s stock market has been suspended and hundreds of people were stranded at the airport after about 460 flights were axed in the key regional business and travel hub. Rail ...

Posted on 01/09/2023

Chinese wary of buying property despite stimulus

STORY: Fears about the economic slowdown are stopping Shanghai residents from buying property.Despite a raft of measures rolled out by the Beijing government this week to revive the economy and target ...

Posted on 01/09/2023

Hong Kong, other parts of south China grind to near-halt as Typhoon Saola approaches

Most of Hong Kong and other parts of southern China ground to a near-standstill Friday, canceling classes and flights as Typhoon Saola approached.

Posted on 01/09/2023

Asia markets higher as China cuts reserve requirement; Hong Kong halts trading as typhoon approaches

Asia-Pacific markets were largely higher as China's factory activity expanded in August and traders look to a slew of other economic data in the region.

Posted on 01/09/2023

Flights cancelled, businesses shut in Hong Kong, Guangdong as Typhoon Saola nears

The Asian financial hub of Hong Kong and China's neighbouring southern province of Guangdong cancelled hundreds of flights on Friday as fears of powerful Typhoon Saola forced some mainland cities to ...

Posted on 01/09/2023

Hong Kong, other parts of south China grind to near standstill as Super Typhoon Saola edges closer

Most of Hong Kong and other parts of southern China ground to a near standstill Friday with classes and flights canceled as Super Typhoon Saola edged closer.

Posted on 01/09/2023

‘Too afraid to buy’:China’s slowing economy overshadows property easing moves

Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing economy ...

Posted on 01/09/2023

China EV maker Hozon Auto appoints banks for $1 billion Hong Kong IPO -sources

Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to work on a Hong Kong initial public offering (IPO) that could reportedly raise up to $1 billion,

Posted on 01/09/2023

‘Cornerstone’ investors prop up US IPOs in shaky market

“We’ve increasingly been talking about that [cornerstones] as something we want to explore for any deal in next six to nine months,” said David Bauer, head of equity capital markets at KKR, the ...

Posted on 01/09/2023

Hong Kong, parts of south China shut down as Super Typhoon Saola nears

The Hong Kong Observatory raised a No. 8 typhoon signal, the third-highest warning under the city's weather system, early Friday.

Posted on 01/09/2023

Hong Kong’s mortgage loans drop 18.2% in July: HKMA

Applications also fell to 8,086. Hong Kong saw lower demand for mortgages in July, according to data from the Hong Kong Monetary Authority (HKMA) The number of mortgage loans approved was HK$28.1b in ...

Posted on 01/09/2023

Hong Kong and parts of southern China grind to near standstill as Super Typhoon Saola edges closer

Most of Hong Kong and some other areas in southern China ground to a near standstill as Super Typhoon Saola edged closer to the region on Friday.

Posted on 01/09/2023

Hong Kong hunkers down as Typhoon Saola approaches

Schools closed and flights were canceled as Hong Kong hoisted its third highest storm warning early Friday morning in anticipation of Typhoon Saola, which is expected to brush the city later in the ...

Posted on 01/09/2023

Typhoon Saola on track to swipe Hong Kong and mainland China

The storm is expected to scrape ashore as a weakening but powerful typhoon late Friday and into Saturday local time.

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