ANZ Group Holdings chief executive officer Shayne Elliott said his customers moved more of their business to Singapore from Hong Kong in the past few years as the smaller Asia-Pacific trading hub ...
Hong Kong’s Proposed Stamp Duty Reduction – A Stimulus or a Risk?
In recent times, the world’s most expensive property market, Hong Kong, has been experiencing a certain level of weakness. The Deputy Chairman of the Taxation Committee of the Hong Kong Institute of ...
Decline of Millionaires in Hong Kong: A Shift in Wealth and Investment Strategies
The veil of wealth in Hong Kong is shifting, with the city witnessing a three-year consecutive decline in its millionaire population, according to Citibank’s ‘Hong Kong Millionaire Survey Report ...
Some Hong Kong Stocks Are Soaring Again On Chinese Whispers About A Profitable Bailout
Talk in China Wednesday turned to how much of the country’s multi-billion warchest the government is about to use to stimulate its flagging economy.
China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
Analysis-China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
CK Asset Holdings Weathering Multiple Headwinds In Hong Kong
Summary Hong Kong property developers have been hit by higher rates, weak property markets, and softening conditions in China, but CK Asset has held up better than most. The company's focus on growing ...
Hong Kong restaurant chain to hand out coupons worth HK$600 each to boost business as part of ‘Night Vibes’ campaign
Kam Kee Holdings to distribute coupons worth HK$30 million in total to patrons on first-come, first-served basis.
Indonesia’s J&T Global Express aims to launch $500m Hong Kong IPO on Monday – sources
Indonesian courier services startup J&T Global Express is aiming to launch its Hong Kong initial public offering (IPO) on Monday to raise $500 million, two sources with direct knowledge of the matter ...
Hong Kong multimillionaire population drops as liquid assets and net worth decline in 2023: Citibank
Median liquid assets of people with more than HK$10 million (US$1.28 million) in wealth dropped by HK$1 million to HK$4.5 million this year, survey says Although their population fell slightly, ...
Convert Hong Kong Dollar To United States Dollar
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Hong Kong 10-Year Bond Yield
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Hong Kong Home Prices May Drop 10%, Driving Negative-Equity Mortgages To 19-Year High
Negative-equity mortgages may surge beyond 5% of home loans in 2024, analysts Francis Chan and Patrick Wong wrote in a note.
Hong Kong’s affluent become millionaires by the age of 33 on average, wary about property as store of wealth, HSBC survey finds
Hong Kong’s affluent become millionaires by the time they turn 33 on average, according to an annual survey by HSBC, which also found that respondents were confident about reaching the next milestone ...