According to Norman Chan Tak-lam, Chief Executive of the Hong Kong Monetary Authority (HKMA), flat prices continued rising in February and March, following a period of consolidation brought on by the last round of anti-cyclical measures implemented in June 2011. (read the news…) Related items Low mortgage rates spark HKMA concern Hong Kong: Monetary...
HONG KONG – Xenophobia is riding high in Singapore, targeting mainland Chinese. And Hong Kong Internet users, fresh from their own "anti-locust " campaign, are giving a big helping hand. (read the news…) Related items Mainland Chinese Occupy Less in Hong Kong’s New Home Market Hong Kong, China shares up but conviction lacking...
Soundwill Holdings Ltd. (878) was forced to sell many of its properties as it battled to survive Hong Kong’s real estate crash in the late 1990s. (read the news…) Related items Gucci-crazy Chinese fuel high shop rents in HK SOHO China buys Shanghai property for 4 billion yuan UBS upgrades Shun Tak to buy...
SOUNDWILL Holdings Ltd. was forced to sell many of its properties as it battled to survive Hong Kong’s real estate crash in the late 1990s. Even after its stock plunged 99 percent and debt obligations loomed, it held on to a 40-story tower on a tucked-away street that today is the second- most expensive...
Most Asia markets rise with exporters and resource firms rebounding from sharp losses, though Hong Kong and Shanghai nudge lower, with financials weak after the summit of the Group of Eight major economies over the weekend. (read the news…) Related items Asia Markets: Many Asia markets gain, but Tokyo falls Hong Kong Stocks Rise...
A Hong Kong-based financial publication ranked Vista Land and Landscapes Inc., the holding company for Sen. Manny Villar’s real estate businesses, as one of the top Philippine companies in different categories. (read the news…) Related items Hong Kong’s Kwok Brothers Arrested Hong Kong Shares Rise On Metal, Property Stocks Thousands protest against Hong Kong's...
BEIJING/SHANGHAI (Reuters) – China will fast track approvals for infrastructure investment to combat a slowdown in the economy, a state-backed newspaper reported on Tuesday, showing how Premier Wen Jiabao's call for policies to support growth is being put into action. The pace of investment in the likes of roads, bridges and real estate is...
HONG KONG, May 18 — Hong Kong shares slid another 1.3 per cent today, inflicting a second consecutive weekly loss of more than 5 per cent as escalating Europe woes dragged down financial stocks and underwhelming US economic data increased risk aversion. The Hang Seng Index, which shed 5.3 per cent last week, lost...
LOS ANGELES (MarketWatch) — Hong Kong stocks rebounded in early Thursday trade, as the Hang Seng Index rose 0.3% to 19,316.02 after tumbling 3.2% in the previous session. Mainland Chinese H-shares outperformed, as the Hang Seng China Enterprises Index gained 0.4%. Among notable gainers, Agile Property Holdings Ltd. rose 3%, Tingyi Cayman Islands Holding...
HONG KONG/LONDON (Reuters) – HSBC doubled the annual revenue boost expected from its turnaround plan to $2 billion, as Europe's biggest bank picks 22 markets to drive its growth and eyes more cost cutting to cope with new regulations in the wake of the financial crisis. (read the news…) Related items HSBC says turnaround...
