Tokyo and Toronto also saw declines in the fourth quarter, according to a Knight Frank report tracking prices in 10 cities across the globe.
FWD mulls options for US$10 billion insurer after IPO delay: sources
FWD Group Holdings, the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to ...
Hong Kong’s West Kowloon arts hub to run out of funds in 2025, CEO warns as gov’t urged to approve finance plan
Hong Kong’s West Kowloon Cultural District will use up its financial reserves next year, the head of the authority overseeing the arts hub has said as she urged the government to approve a plan ...
Hong Kong Shares Tipped To Open In The Green On Thursday
The Hong Kong stock market returned from the Lunar New Year break on Wednesday by snapping the three-session losing streak in which ...
Timely rule change to help flat buying in Hong Kong’s Greater Bay Area
Relaxing daily cross-border remittance caps will make it easier to purchase homes in the development zone, and thus provide incentive for jobseekers and entrepreneurs to move Hongkongers are often ...
Hong Kong’s corruption-busters to take the world to school with new academy designed to train fraud fighters using hi-tech virtual reality
First course this month gets 40 applications from around the world for just 20 places, Independent Commission Against Corruption says Danny Woo, the ICAC commissioner, says inaugural academy course ...
Hong Kong’s Lunar New Year box office takings flop with veteran filmmaker blaming residents travelling outside city for holiday
Ticket sales from the Lunar New Year’s eve on Friday to Tuesday amounted to nearly HK$49 million, a 24 per cent decline compared with last year.
30% of Hong Kong international schools expect expat applications to fall over next 5 years, as some predict surge in local demand
Among 68 schools surveyed, 20 anticipate annual 13 per cent decrease in admission applications from non-local students in the years up to 2028-29.
Developer China South City stock sinks 37% to record low in Hong Kong after warning of multiple bond defaults
The Shenzhen-based developer slumped 37 per cent to close at the lowest level since its 2009 listing as the market resumed trading after the Lunar New Year break, extending a slump in the past year to ...
Exclusive | ‘It’s complicated’: Hong Kong Lyric Theatre Complex delayed again, now aiming for completion in 2026
A HK$4 billion loan the authority signed with nine banks in 2022 will mature next year. Fung said it would negotiate the way forward with HSBC and Standard Chartered Bank. “It is not ideal to rely on ...
For foreign firms in Hong Kong, national security plans bring fresh chill
Taipei, Taiwan – As Hong Kong moves forward with controversial new national security legislation, its foreign business community is expressing reservations – albeit quietly – about how new rules ...
Siobhán Haughey of Hong Kong captures her first long-course world title in Doha
Siobhán Haughey of Hong Kong has captured her first long-course world title, winning the women’s 200-meter freestyle at the World Aquatics Championships in Doha, Qatar.
Year of the Dragon bodes well for Hong Kong’s ailing stocks as rate cuts, improving Chinese economy bring hope, officials say
Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ finance chief Paul Chan said on the first trading day of Lunar New Year, citing China’s improving economy and potential ...
Standard Chartered needs drastic action, not diplomatic polish
Higher dividends — the bank yields less than 3 per cent — and more share buybacks would help. But with current common equity tier one capital ratio in the middle of its targeted range of 13-14 per ...