Analysts agree the change will spur buying, but caution a full recovery may take ‘years’ given a glut of new-home inventory.
Hong Kong bound for top of IPO charts with listing reforms, outgoing SFC chair says
In a farewell media briefing, Tim Lui also says he is grateful to see the SFC owning its own permanent office space.
Hong Kong reclaims ‘world’s freest economy’ status from Singapore in 2022
Hong Kong reclaims its title as the world’s freest economy, overtaking Singapore in the Fraser Institute's 2022 Economic Freedom of the World report.
Why Hong Kong’s family offices are thriving, as high-net-worth individuals build their wealth
Experts at Deloitte, InvestHK, PwC, accounting firm EY and law firm A&O Shearman on the challenges and opportunities facing single family and multifamily offices.
Horizon Robotics seeks US$696 million in Hong Kong IPO, would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering, as the city’s listings market shows signs of renewed activity after a nearly two-year slump.
Hong Kong set to cut liquor taxes
HONG KONG — Hong Kong’s leader announced a cut in liquor taxes on Wednesday in a bid to revive the Asian financial hub’s reputation as a travel destination with a vibrant nightlife and dining scene.
Hong Kong SMEs facing loan hurdles should contact Monetary Authority, John Lee says
Chief executive says de facto central bank has been tasked with ensuring policies to help SMEs trickle down to financial institutions Small and medium-sized enterprises (SMEs) that face persistent ...
Are McKinsey’s 500 job cuts in China a response to legal challenges and market pressures?
In a significant restructuring effort, McKinsey & Co., the prominent US-based consulting firm, is poised to overhaul its operations in China, which includes laying off approximately 500 ...
Hong Kong official accused of sexually assaulting underage girl not allowed to travel
Court dismisses request by district councillor Sei Chun-hing, 37, who denies assaulting 11-year-old in 2008 and unlawful sex with her in 2011.
HK Policy Address 2024: Loan-to-value ratio for home mortgages to be relaxed amid home price slump
Hong Kong’s government will relax the mortgage loan-to-value ratio amid a property slowdown, a move welcomed by the real estate sector. The city’s leader John Lee announced on Wednesday, during the ...
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal.
HSBC GPB Remains Neutral on CN/ HK Stocks, Prefers Low-Valuation High-Yield Insurers/ Telecoms/ Utilities & Financially Sound CN Developers
Cheuk Wan Fan, Chief Investment Officer, Asia, at HSBC Global Private Banking (GPB) and Wealth, stated that the State Council will disclose measures regarding "intensifying counte ...
Hong Kong must regain strength as gold trading centre in ‘game changer’ for economy: John Lee
Chief Executive calls for immediate action to build from 'low base', keep up with Singapore's recent launch of vault with 500-tonne gold depository Hong Kong must move quickly to regain a strong ...
McKinsey Cuts Hundreds From China Workforce
McKinsey is overhauling its China business after cutting back on government-linked clients and reducing the unit’s workforce by nearly 500 people, about a third of the total.To reduce security risks ...