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Posted on 13/09/2024

Opinion | A Warning to Business in Hong Kong

Hong Kong is becoming more like Communist China, according to the latest word from the State Department. And no sooner had State issued its warning than two businessmen made public their complaint ...

Posted on 13/09/2024

Hong Kong primed to bring ‘singular and significant value’ to RCEP free-trade pact: John Lee

City leader Lee shares remarks during speech at Hong Kong Asean Summit, an event organised by South China Morning Post.

Posted on 13/09/2024

Hong Kong developers act to cut supply chain emissions in construction, building materials

Major procurement shifts, policy incentives and technical documentation frameworks are required to drive investments, alliance says.

Posted on 13/09/2024

Hong Kong’s Battered Property Market Lures Chinese State Buyers

As Hong Kong’s commercial property slump drags on, Chinese state money has emerged as one of the few pillars of support.

Posted on 13/09/2024

Midea prices Hong Kong IPO – biggest in 3 years – at top of range to raise US$3.46 billion

The initial public offering (IPO) of Chinese appliance maker Midea has been priced at the top of the anticipated range amid intense investor interest, as the blockbuster deal gives Hong Kong's fund-raising market a much-needed shot in the arm after more ...

Posted on 13/09/2024

Washington’s Warning on Hong Kong Is a Wakeup Call

Hong Kong’s reputation as a top-tier global financial hub has taken another hit. A recent US advisory is urging American companies operating there to consider the legal and regu ...

Posted on 13/09/2024

Drop in land sales threatens Hong-Kong’s low-tax regime

Plummeting Hong Kong property prices are pressuring the city’s land sale revenues. It’s threatening to derail its competitive tax model.

Posted on 12/09/2024

Can Xi Jinping take Hong Kong “from stability to prosperity”?

In the international firms that fill Hong Kong’s high-rise office blocks, the mood is far from buoyant. When the American Chamber of Commerce in Hong Kong surveyed its members at the end of 2023, it ...

Posted on 12/09/2024

Hong Kong’s second-largest public housing builder secures HK$12 billion syndicated loan

Deal shows the banking community's support for the city's development, Hong Kong Housing Society chairman says Hong Kong's second-largest public housing builder has secured its biggest syndicated loan arrangement of HK$12 billion (US$1.

Posted on 12/09/2024

HKMC issues second infra loan-backed securities

The Hong Kong Mortgage Corporation (HKMC) announced on September 11 the successful completion of its second infrastructure loan-backed securities (ILBS) issuance amounting to US$423.3 million.

Posted on 12/09/2024

A CEO went missing. Then his bank got a mysterious bill for $11 million

A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ($11 million) related to ...

Posted on 12/09/2024

Hong Kong in talks with UAE and Saudi sovereign wealth funds for Asia investments

Hong Kong is in talks with sovereign wealth funds in Dubai, Abu Dhabi and Riyadh to channel their investments into broader Asian markets including China and enable deals for Asian investors in the ...

Posted on 12/09/2024

Hong Kong Housing Society Secures $1.5 Billion Syndicated Loan

The Hong Kong Housing Society, a major public housing provider of the city, has signed a HK$12 billion ($1.5 billion) syndicated loan with 12 local and international banks, the non-governmental organization said in a statement Thursday.

Posted on 12/09/2024

Former Hong Kong chief steward answers integrity SOS

QRIC has landed the biggest signing in its history with former Hong Kong chief steward Kim Kelly set to begin work for the embattled organisation to help it out of the doldrums.

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