Hong Kong's home prices will drop 5 per cent in the first quarter, before gaining 5 per cent towards the end of the year, Citi said in a report Property transactions in the city slumped to a 32-year ...
Hong Kong to raise up to $5 billion in green bonds -sources
A general view of skyline buildings during sunset in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu ...
Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame runaway US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point, potentially taking borrowing costs to their highest level since 2007.
Tender Sale of Evergrande’s Hong Kong Headquarters Fails Again -Sources
A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms ...
Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources
The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.
Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...
Top 6 Hong Kong IPOs to watch out for in 2023, as city tries to reclaim pole position in global fundraising
Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).
Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook
HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...
Hong Kong financial service providers gear up for retail crypto traders
Hong Kong’s financial services providers, including local brokers and fund managers, are seeking advice to prepare for new licensing requirements which will allow them to provide services to retail ...
HSBC share price: Winds of change are blowing
HSBC share price has staged a strong recovery since November as the company goes through significant changes. The stock rose to a high of 520p, which was the highest level since S ...
Hong Kong intends to regulate crowdfunding. Here’s how it may affect you
Authorities argue move needed to curb abuse after previous cases of fraud and support given to protesters of 2019 anti-government unrest.
Hong Kong brokers prepare for SFC approval prior to new digital asset trading regulation
According to Cointelegraph, brokers and fund managers from the region have asked for advice around licensing requirements prior to new legislation ...
Hong Kong property expected to recover on China border reopening, finance chief says
Hong Kong Financial Secretary Paul Chan said he is optimistic about the city’s economic prospects for this year and expects the local real estate market to rebound after the China border reopens. Read ...
Hong Kong’s Octopus card stays on top: departing chairman pleased that elderly people, small merchants use it too
Keeping it simple has worked to win over users and vendors, says David Eldon, chairman since 2016 Company needs to persuade taxi drivers to accept e-payments, as most still prefer receiving cash Top ...