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Category: FINANCE

Posted on 05/01/2023

Hong Kong’s Housing Authority may need government money to build flats in second half of coming decade as construction costs increase

Housing Authority says it has enough capital to build the 94,000 flats planned for the first half of the coming decade.

Posted on 05/01/2023

Hong Kong to Reopen Border With China, With 60,000 Person Quota

The border between mainland China and Hong Kong will gradually reopen from Sunday, paving the way for a restoration of economic and social ties that have been disrupted for three years.Most Read from ...

Posted on 05/01/2023

Global IPO proceeds down 61% in 2022, Southeast Asia down 50%: EY

Compared to Singapore’s eight listings raising US$40 million in 2022, Hong Kong saw 67 listings raising US$12.4 billion.

Posted on 05/01/2023

Hong Kong Crypto Mogul Aims to Raise $1 Billion for Web3 Fund

Animoca Brands Corp. is looking to raise about $1 billion this quarter for its new Web3 and metaverse investment fund, sharply scaling back its ambitions during the current crypto industry ...

Posted on 05/01/2023

Hong Kong residents rush to get Covid-19 vaccination ahead of mainland border reopening

Hong Kong residents have swamped clinics to get vaccinated against Covid-19 ahead of the expected reopening of the city’s border with mainland China, which some people fear will bring a surge of ...

Posted on 05/01/2023

{Block Trade}BOC HONG KONG: 1.4m shares, or HK$38.18m

BOC HONG KONG: 1.4m shares, or HK$38.18m [ET Net News Agency, 5 January 2023] A pre-opening trade of 1.4 million shares of BOC HONG KONG (02388) was registered at 9:02a.m. The deal amounted to ...

Posted on 05/01/2023

Hong Kong stocks are off to their best start since 2018 on China recovery hopes

Property and technology stocks continued to lift the Hang Seng index, which rose more than 3% in Wednesday's session.

Posted on 05/01/2023

Hong Kong raises $5.8 bln in green bonds -term sheets

Hong Kong's government has raised $5.8 billion in dollar, euro and offshore yuan green bonds, according to term sheets reviewed by Reuters on Thursday, with investor demand stronger than expected.

Posted on 05/01/2023

How to address the most pressing talent concerns in Hong Kong’s banking industry

Banks in the SAR should strengthen their talent development immediately and leverage technologies to support employees to upskill and reskill, says Carrie Leung, CEO, The Hong Kong Institute of ...

Posted on 04/01/2023

HSBC Asset Management to add team focused on green energy infrastructure

Bank to add team from Green Transition Partners, asset manager focused on energy transition infrastructure in Asia Deal to help expand HSBC Asset Management's alternative investment offerings HSBC's ...

Posted on 04/01/2023

Hong Kong retail sales fall 4.2% in November, snapping two months of growth

Hong Kong's November retail sales fell 4.2% from a year earlier, snapping two straight months of growth with tightened financial conditions weighing on local demand, government data showed on ...

Posted on 04/01/2023

Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes

Hong Kong shares rise 3% as investors look ahead to the Fed's meeting minutes, watching for signs of more interest rate hikes.

Posted on 04/01/2023

Hong Kong stocks extend New Year rally as China pledges fiscal boost to virus-hit economy

Stocks chalk up further gains in the new year with traders encouraged by China’s pledge to shore up its virus-hit economy. Alibaba, Tencent and Chinese developers pace winners.

Posted on 04/01/2023

Hong Kong home prices: Citibank predicts U-shaped recovery, matches Morgan Stanley’s 5 per cent upside for 2023

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 ...

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