Ares Management Corp. is in the final stages of a deal to buy a majority stake in the HK$10.2 billion ($1.3 billion) project loan backing luxury apartment development The Corniche in Hong Kong.
Hong Kong MTR
Hong Kong transport minister Lam Sai-hung says more ... since the city government removed property curbs and relaxed its mortgage policies in February. Judge Clement Lee says defendant claimed ...
Large distressed Hong Kong realty deals set to rise
HONG KONG, July 11 (Reuters) - Higher-for-longer interest costs ... Distressed properties are either on the brink of foreclosure, or already have been repossessed by the mortgage lender. They could ...
Chinese finance firms ask Hong Kong staff to pay back part of their bonuses
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s ‘common prosperity’ campaign to the offshore ...
Hong Kong Testing ChatGPT-Style Tool After OpenAI Took Steps to Block Access
HONG KONG — Hong Kong’s government is testing the city's own ChatGPT -style tool for its employees, with plans to eventually make it available to the public, its innovation minister said after OpenAI ...
Hong Kong hires banks for sale of green bonds to raise dollar, euro, offshore yuan funds
Hong Kong unveiled plans for a multi-tranche sale of green bonds in dollar, euro and offshore yuan currencies to raise funds for financing projects under the government’s green bond framework.
Hong Kong Employees at China Financial Firms Face Pay Clawbacks
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s “common prosperity” campaign to the offshore ...
Analysis-China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and ...
HSBC Buys back 2.67M+ Shrs for $181M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 2.6748 million shares of the company on the Hong Kong Stock Exchange yesterday (15th) at $67.2-67.75 per share, with a weighted average price of ...
Hong Kong mulls green bonds sales in three currencies
HONG Kong has mandated banks to sell green notes denominated in US dollars, euros and offshore yuan, in the city’s latest push to establish itself as a green finance hub. The Hong Kong Monetary ...
Hong Kong is testing out its own ChatGPT-style tool as OpenAI planned extra steps to block access
HONG KONG (AP) — Hong Kong’s government is testing the city's own ChatGPT-style tool for its employees, with plans to eventually make it available to the public, its innovation minister said after ...
John Lee to promote Hong Kong in trip to 3 Asean countries, pledges ‘big efforts’ on economy
Chief executive promises ‘big efforts’ to develop city’s economy as he announces start of public consultations for his third Policy Address.
Hong Kong Mandates Banks to Issue Multi-Currency Green Bonds
Hong Kong has mandated banks to sell green notes in three currencies, according to a person familiar with the matter.
Hong Kong Landlords Pay Bigger Agent Fees to Fill Empty Offices
Hong Kong’s billionaire landlords are paying agents larger commissions for bringing in office tenants as developers struggle to fill empty commercial space in the Asian financial hub. Paying ...