URA managing director says authority needs to launch redevelopment projects quickly, otherwise it could suffer negative cash flow of more than HK$15 billion. ( read original story ...)
How Singapore is still atop China’s futures market even as Hong Kong is edging in
Six months after Hong Kong introduced equity index futures to make it easier for international investors to bet on Chinese stocks, Singapore still rules the market, although its Asian rival is making ... ( read original story ...)
Hong Kong’s Planto ties up with New Zealand fintech firm Cogo to create awareness about sustainability, launch carbon footprint
Planto, a Hong Kong-based online banking solutions provider, has partnered with Cogo, a New Zealand-headquartered carbon footprint tracking fintech firm, to develop a software for the city’s banks ... ( read original story ...)
China slashes key interest rate as housing sales collapse
China on Friday slashed a key interest rate to rescue its slumping housing market and head off a major downturn in the world's second largest economy. ( read original story ...)
Singapore Still Rules China Futures Market as Hong Kong Edges In
an analyst at Jefferies Financial Group Inc. in the city-state, who has a buy rating on the bourse operator’s stock. “While a competing product is always a threat to watch for, so far it seems the ... ( read original story ...)
Hong Kong stocks head for weekly gain as China cuts key interest rate to spur growth
Chinese banks cut the five-year loan prime rate (LPR), a reference for mortgage rates, to 4.45 per cent from 4.6 per cent. ( read original story ...)
As Singapore and Hong Kong residents grapple with inflation and rising interest rates, is it better to rent or buy?
If you’re already struggling to pay today’s mortgage rates, it may be wiser to hold off your purchase until you are in a stronger financial position. ( read original story ...)
Hong Kong Dollar Traders Brace for Rate Spike Amid Intervention
Hong Kong dollar traders are girding for tighter liquidity in the banking system as the city’s de facto central bank drains cash to maintain the currency’s peg to the greenback. ( read original story ...)
Hong Kong new listings volume sinks to 9-year low on China slowdown
HONG KONG (Reuters) - Hong Kong's new listings volume plunged 90% to a nine-year low this year, data showed, as China's sharp economic slowdown and its regulatory drive cast a long shadow over the ... ( read original story ...)
Hong Kong considers ‘closed loop’ for free China travel, report says
Hong Kong's Chief Executive-elect John Lee plans to propose a closed-loop system to facilitate quarantine-free business travel between the city and mainland China, Sing Tao reported, citing people it ... ( read original story ...)
Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts
SINGAPORE: Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor ... ( read original story ...)
China’s Top Antigraft Body Probes a Senior Central Banker
The head of the monetary-policy department at the People’s Bank of China is removed from his position and investigated. ( read original story ...)
How China Crushed Democracy In Hong Kong – ‘Hot Mic’ with Nidhi Razdan
Hong Kong got a new leader last week. Former security chief John Lee Ka-chiu was "elected" to the post - an election in which he was the only candidate. It's a move that critics say only reinforces th ... ( read original story ...)
HSBC’s mass of Hong Kong retail investors warms to breakup
Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a ... ( read original story ...)