Experts say that may partly be because Hong Kong companies have traditionally been independent with their business operations, while some investors are attracted to the city’s market driven, hands-off approach, viewing some tech firms in Singapore as ... ( read original story ...)
HKMA’s tight mortgage policies are misguided and miss the point on home ownership
I refer to the report on the Hong Kong Monetary Authority chief rejecting lawmakers’ calls to relax mortgage policies, citing the overheated market (“Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies”, February 5). ( read original story ...)
January mortgage loans rise to HK$38b
Home buyers borrowed HK$38.1 billion in January, an increase of 37.1 percent from December, the Hong Kong Monetary Authority said today. The number of mortgage applications increased month-on-month by 34.8 percent to 14, 179. Among the mortgage loans ... ( read original story ...)
Residential Mortgage Survey Results for January 2018
The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for January 2018 today (February 28). The number of mortgage applications in January 2018 increased month-on-month by 34.8% to 14 179. Mortgage loans approved ... ( read original story ...)
Higher Open Expected For Hong Kong Stock Market
BOC Hong Kong added 1.03 percent, China Mobile gained 0.68 percent, WH Group lost 0.66 percent, Hong Kong & China Gas fell 0.27 percent and New World Development was up 0.17 percent. There is no lead from Wall Street, which was closed in observance of the ... ( read original story ...)
Mild Upside Tipped For Hong Kong Stock Market
Hong Kong & China Gas advanced 0.40 percent, WH Group added 0.32 percent, China Life gave away 0.21 percent and BOC Hong Kong collected 0.13 percent. The lead from Wall Street is cautiously optimistic as stocks were firm for most of Thursday's trade before ... ( read original story ...)
ASIA MARKETS: Hong Kong Stocks Slide, Tracking Losses In Mainland China
HONG KONG (Feb 27) -- Hong Kong shares fell for the first time in ... Industrial & Commercial Bank of China (ICBC), China Construction Bank (CCB) and Bank of China (BOC) gave up 1.9%, 1.1% and 2.5%, respectively, dragging the Hang Seng China Enterprises ... ( read original story ...)
SEHK Top Dividend Stocks – Hengan International Group And More
More detail on China Telecom here. BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, Mainland China, and internationally. Founded in 1917 ... ( read original story ...)
Man pleads guilty to importing 160 litres of meth labelled as dishwashing liquid
Upon entry, the consignment was examined by Customs and chemical analysis determined it contained the material t-boc methamphetamine. T-boc is a masking agent, which is added to methamphetamine to change its chemical composition during transportation. ( read original story ...)
Asian markets mostly up but investors remain wary
Investors also shrugged off a stronger yen and weaker-than-expected Japanese core machine orders data. Among the actives, BOC Hong Kong soared 4.28 percent, while China Resources Land spiked 3.16 percent, Industrial and Commercial Bank of China collected 3 ... ( read original story ...)
Exclusive: Chinese banks eye bid for Germany’s DVB Bank – sources
An official at BOC, the country’s fourth largest lender ... Additional reporting by Shu Zhang and Julie Zhu in Hong Kong and Tim Hepher and Anshuman Daga in Singapore; editing by Anna Willard Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
A question of identity
Jung Boc Su, who specializes in figure painting ... With the staging of international grand art events like Art Basel, Kim perceives Hong Kong as a center of the world art market. He attaches great implications to the name of the exhibition, Blooming ... ( read original story ...)
Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong
according to people familiar with the situation, who say the company is considering doing so with a dual listing. It already plans a Hong Kong initial public offering for the second half of the year. Beijing-based... ( read original story ...)
Hong Kong financial chief Paul Chan has made a difference with his budget but can he match ambition with action?
In setting out the fiscal blueprint for 2018-19, Financial Secretary Paul Chan Mo-po broke considerable new ground on both the financial and political fronts. With the wild card of a record HK$138 billion surplus amassed in the 2017-18 financial year, Chan ... ( read original story ...)