UPDATE 1-Hong Kong c.bank raises base rate 25 bps after Fed hike

* HKMA expects HK dollar to weaken if rate differential widens * Expects banks to raise mortgage rate as liquidity tightens (Adds comments from HKMA chief) HONG KONG, June 15 The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its ... ( read original story ...)

Hong Kong stocks open lower after HKMA raises interest rate

Hong Kong stocks opened lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. Hong Kong’s benchmark Hang Seng Index dropped 0.4 per cent, or 103.6 points, to open at 25,772.3, while the Hang ... ( read original story ...)

Hong Kong Follows Fed With Hike in Threat to Property Boom

Local banks have been reluctant to pass on higher costs Hong Kong’s de facto central bank followed the Federal Reserve and boosted interest rates for a third time since December, elevating the risk of a selloff in the world’s priciest housing market. ( read original story ...)

Hong Kong stocks set to open lower after interest rate rise

Hong Kong stocks look set to open lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. The Hang Seng Index futures spot June contract lost 0.2 per cent, or 42 points, to 25,700 in the pre ... ( read original story ...)

HSBC to keep best lending rate at 5 pct in Hong Kong

HONG KONG, June 15 HSBC Holdings Plc will maintain its best lending rate at 5 percent in Hong Kong, the bank said on Thursday, after the territory's defacto central bank raised its discount window base rate. The Hong Kong Monetary Authority earlier raised ... ( read original story ...)

Hong Kong Wants a 3rd Runway. Will Its Dolphins Pay the Price?

HONG KONG — As pink fins surfaced off the boat’s port side ... Some critics say that the project should not have been approved because of the potential impact on dolphins and that HSBC, the project’s financial adviser, bears some responsibility ... ( read original story ...)

Parking space sold for record $664K in Hong Kong

Last month, a Hong Kong tycoon bought an entire carpark building for $3 billion in the city’s central business and shopping district. Hong Kong property is consistently ranked among the world’s most unaffordable, and prices continue to soar. ( read original story ...)