Monetary authority’s successful defence of the US-dollar peg raises loan rates, putting pressure on borrowers and the property market.
Shanghai stock benchmark hits new decade high, Hong Kong nears 4-year peak
HONG KONG] China and Hong Kong stocks jumped on Monday (Aug 25), led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains. Read more at ...
Chinese bonds find fast favour in Hong Kong short-term borrowing as new rules take effect
Banks, securities firms and hedge funds complete their first trades under the offshore Bond Connect repo mechanism.
Hong Kong stocks rise over 2%, nearing 4-year peak, led by tech rally
The Hang Seng Tech index rose 3.11%, with strong moves seen in Nio, which gained 13.64% and ASMPT, which increased by 6.74%.
HSBC rolls out cheaper fixed-rate mortgage plan as hopes rise for a Fed cut in September
Borrowers of the HSBC new fixed mortgage plan will save HK$2,093 (US$268) per month, 9 per cent below Hibor-linked mortgages.
Chinese property giant Evergrande delisted from Hong Kong stock market
Chinese property giant Evergrande delisted from Hong Kong stock market - China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis ...
China Evergrande Group delisted from Hong Kong stock exchange
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. A committee at the ...
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the ...
5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
Chinese property giant Evergrande delisted after spectacular fall
Chinese property giant Evergrande's shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading.
Hang Seng Bank Unveils Newly Renovated Hong Kong Main Branch with the …
Hang Seng Bank ('Hang Seng') today (18 November 2024) unveiled the newly renovated Hong Kong Main Branch in Central with the launch of Future Banking 2.0 – a bold transformation that seamlessly ...
HSBC Executes Significant Share Buy-Back Program
The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).
Hong Kong developers face $7.1 billion debt wall as bond maturities surge
Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 per cent next year amid falling sales and ...
Hong Kong schools face crackdown over unauthorised collaborations
Authorities target “shell institutions” and shadow students; Education Bureau warns against unapproved partnerships.