LONDON, Aug 31 (Reuters) – Hong Kong’s billionaire Choifamily has backed out of plans to acquire funds from RABCapital , the Financial Times reported on Wednesday. The newspaper said the collapse of … (read the news…) Related items Hong Kong: Property stocks lead gains Wharf upsizes bond to $600 million amid roaring demand SOHO...
HONG KONG (Reuters) – For much of the past decade, HSBC’s star portfolio manager, Sanjiv Duggal, has been a major influence on India’s stock market, directing the fortunes of the biggest India-focussed equity fund and winning a huge investor following. (read the news…) Related items Hong Kong shares slump to worst quarter in 10...
CHARLOTTE, N.C./HONG KONG (Reuters) – Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. (read the news…) Related items BofA to sell China bank stake for $8.3 bln Hong Kong Had Fastest Growth in Millionaires Hong...
Home prices, up more than 70 percent in the past two and a half years, are set for their biggest decline since Lehman’s collapse (read the news…) Related items Hong Kong Home Prices May Fall as Much as 45%, Barclays Says China Wealth Fuels Hong Kong Home Price Surges, Tsang Says Hong Kong House...
Hong Kong’s inflation has hit a 16-year high and economists warned Tuesday there are signs it will worsen in coming months as runaway housing and food costs continue to besiege the city’s economy. (read the news…) Related items Hong Kong chief vows to tackle housing woes Hong Kong Developers Reverse Losses After Policy Address...
HONG KONG – China’s vice-premier announced measures on Wednesday to boost Hong Kong’s economy in a show of support for the Chinese territory’s government as it struggles with public discontent over surging property prices and growing inequality. (read the news…) Related items RPT-Hong Kong, China Shares Snap 6-day Losing Streaks China braces as European...
For some real-estate analysts in Hong Kong, the weakening housing market is beginning to stir up uncomfortable memories of the market’s 1997 sell-off. (read the news…) Related items Demonstrators demand public housing in Hong Kong Hong Kong demonstrators call for public housing Eastday-Housing market still feels the chill 4. Hong Leong Investment Bank eyes...
At the border between China and Hong Kong, a team of 12 doctors is keeping a close eye out for pregnant women. (read the news…) Related items Hong Kong Stocks Rise Early, As Property Advances Hong Kong Stocks May Challenge 21,000-Point Mark Hong Kong people in feud with 'mainlanders' Asia Society Expands, in Houston...
The Hong Kong stock market headed right back into the red again on Thursday – one day after it had snapped the six-day losing streak in which it had plummeted more than 3,300 points or 16.0 percent. The Hang Seng Index finished just below the 19,600-point plateau, although now analysts are predicting a firm...
