Mortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to a statement by the Hong Kong Monetary Authority (HKMA).
London still dominates as the biggest hedge funds’ international outpost despite hot spots like Dubai entering the scene
Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing talent is concentrated.
Hong Kong shares rise after China’s DeepSeek triggers rout in global AI stocks
Japan’s chipmaker stocks plunged into losses, while artificial intelligence and related stocks on Wall Street were hammered overnight amid concerns over the waning dominance of US tech giants in the ...
Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout
Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.
Hong Kong fashion trade show urged to ‘celebrate Year of the Snake’ by banning snakeskin
An animal rights organisation has called for snakeskin to be banned from a Hong Kong fashion trade show ahead of the Year of the Snake. In a statement last Friday, People for the Ethical Treatment of ...
Japan and Hong Kong markets set for mixed open after AI sell-off drags Wall Street
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market.
Marshall Sells to Hong Kong’s HSG in $920 Million+ Deal, Plans to Unlock Its ‘Full Potential Across the World’
HongShan Capital Group (HSG), which has acquired a majority interest in the “audio, tech and design powerhouse” at a $1.16 billion (€1.1 billion) valuation. Stockholm-based Marshall and Hong ...
Chinese AI startup DeepSeek disrupts US dominance, triggers selloff in US and Japan stocks
US tech giants and Japan chipmaker stocks feel the heat as China's startup DeepSeek demonstrates that it doesn't need massive capital investments to develop cutting edge AI. China's tech shares ...
AP PHOTOS: Hong Kong’s snake soup is slithering away but still simmers in a decades-old kitchen
As Hong Kong prepares to welcome the Year of the Snake on Wednesday, Chau Ka-ling displays a moving serpent with practiced ease, holding it like a pet in her decades-old restaurant in the city. As ...
Hong Kong’s property distress catching up with city’s banks
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018. Read more at straitstimes.com.
Why Every Hong Kong Business Needs an LEI Code for Global Transactions
Have you considered how your business manages international transactions smoothly and efficiently? Nowadays, seamless global transactions are vital for growth and credibility. Establishing trust and ...
Phishing alert as Hong Kong workers warned to be wary of fake company emails
Almost 10 per cent of workers clicked on a fake human resources department survey, a test involving 37,220 employees found.
Positive US-China ties top concern for Hong Kong-based businesses: AmCham poll
Survey from American Chamber of Commerce also finds 79 per cent of respondents have no intention of moving headquarters in next three years.
Hong Kong’s Paul Chan discusses cooperation with global leaders at Davos forum
The finance chief also promoted the city’s ‘new advantages’ during the World Economic Forum’s annual meeting in Davos.