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Category: BUSINESS

Posted on 28/02/2024

Hong Kong’s grade A office rents to fall further, with mainland China demand below pre-pandemic levels, new supply coming online, analysts say

Hong Kong’s grade A office rents will decline by another 5 per ... the vacancy rate to remain relatively high at about 10 per cent for offices in the prime business district, known as Central,” S&P ...

Posted on 28/02/2024

Hong Kong under pressure to ease property curbs ahead of budget reveal

In Hong Kong, property curbs have been in place for over a decade to stop speculation. Business and political groups are now calling for the cooling measures to be scrapped, ahead of the city's budget ...

Posted on 28/02/2024

FirstFT: McKinsey website touted its consulting for Chinese government ministries

McKinsey claimed in marketing materials that it had advised ... G20: Finance ministers meet in São Paulo, Brazil to prepare for the annual presidential summit in November. Hong Kong: Financial ...

Posted on 28/02/2024

AGBA Group is Positioned For Hong Kong’s Rebounding Macro Environment with Business Refinements and Growth Strategies

The year 2023 posed significant macro-economic challenges for Hong Kong and China, particularly in relation to the Chinese real estate and financial markets. As an open economy heavily reliant on ...

Posted on 27/02/2024

Hong Kong Stocks: Nio Lends Technology to British Startup Forseven, Shares Rise

In major news on Hong Kong stocks, Chinese electric vehicle (EV) maker Nio Inc. (HK:9866) (NYSE:NIO) is lending its technology and know-how to ...

Posted on 27/02/2024

China’s Zhida weighing HK$1 billion Hong Kong IPO this year

SHANGHAI Zhida Technology Development, a maker of electric-vehicle (EV) charging systems, is considering an initial public offering (IPO) in Hong Kong that could raise about HK$1 billion (S$172 ...

Posted on 27/02/2024

International Women’s Day: Hong Kong-listed firms see notable rise of gender diversity on boards but advocates say more can be done

Hong Kong-listed firms have seen a notable rise of female representation on boards driven by regulation, but they still lag regional peers when it comes to women in key executive roles, according to ...

Posted on 27/02/2024

‘Hong Kong is over’? American economist defends article intended as ‘wake-up call’ over ‘growing undercurrent of angst’

Economist Stephen Roach says title of original newspaper commentary - 'It pains me to say Hong Kong is over' - overstated his views In fresh opinion piece in the Post, Roach poses more open-ended ...

Posted on 27/02/2024

Hong Kong Green Week: banks urged to rethink and review funding criteria for energy transition projects

Banks are trying to develop new metrics to help them assess the feasibility of energy transition projects that utilise new technologies, Citi's Aveline San says Asia requires at least US$1.1 trillion ...

Posted on 27/02/2024

China Says Hong Kong’s ‘One Country, Two Systems’ Is Permanent, SCMP Reports

China’s top official in charge of Hong Kong said the city’s governing principle of “one country, two systems” will be kept as a “permanent feature,” South China Morning Post reported.

Posted on 27/02/2024

‘Hong Kong is over’? Economist Stephen Roach defends article intended as ‘wake-up call’ over ‘growing undercurrent of angst’

In fresh opinion piece, Stephen Roach says title of original commentary stating 'Hong Kong is over' was overstatement, but says doubts still exist over future of city Chinese state media Xinhua weighs ...

Posted on 27/02/2024

Hong Kong prepares sweeping rules to foil stealthy crypto purchases

DOTTED across Hong Kong are small shops that convert between cash and crypto with few questions asked, a modern-day echo of the city’s freewheeling past. Soon, many may shut under a looming crackdown.

Posted on 27/02/2024

Hong Kong ‘losing out’ to jurisdictions such as Singapore, should exempt private credit assets from tax: industry body

Hong Kong’s funds industry is calling for a profit tax exemption for private credit assets, as the city is failing to attract a booming business and is losing out to Singapore because of its existing ...

Posted on 27/02/2024

It’s ‘a losing battle’ against abandoned fishing nets but he’s fighting anyway: meet Hong Kong’s ‘ghost net hunter’

Harry Chan is known as Hong Kong's 'ghost net hunter' for his work clearing the city's waterways of 'ghost nets' - fishing nets that have been abandoned He reveals why his parents almost sold him as a ...

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