Stiffer competition among Chinese tech giants could put margins under pressure. Reports in the past quarter have been ‘soft’ with earnings inflection point likely only from this quarter, Goldman Sachs ...
Hong Kong spreads its wings, and its bets
Chief Executive John Lee and his central bank chief Eddie Yue are talking up Hong Kong’s potential for attracting business and talent, and for funnelling Chinese capital to foreign companies. The ...
Total Wealth Of Hong Kong’s 50 Richest On Forbes List Dips Slightly To $324 Billion
The combined wealth of tycoons on the 2023 Forbes list of Hong Kong’s 50 richest dipped slightly to US$324 billion from $328 billion last year.
China unveils new offshore IPO rules but big rebound unlikely, say law firms
But bankers and lawyers say any rebound in foreign share sales will be limited and likely to favour Hong Kong as tense bilateral relations between Beijing and Washington loom large for most issuers.
HKEX Seen Snapping Profit Decline Streak on Trading, IPO Rebound
After six straight quarters of sliding profits, the end of 2022 likely brought some relief to Hong Kong Exchanges & Clearing Ltd. The operator of Hong Kong’s stock exchange is estimated to report a 9% ...
Hong Kong woos family offices in bid to boost post-Covid growth
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Hong Kong will host an “invitation only” meeting for some of the world’s richest family offices ...
Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth
Lee is pressing ahead with new projects such as a $14.5 billion landmark waterfront development in the Central district.
Vincent Lo Plays Long Game With His Shui On Group, Making Big Bets In Shanghai Property As He Prepares Daughter Stephanie As Successor
The Hong Kong billionaire developer sees silver lining in mainland China’s property market turmoil, readies master plan to hand over group to next generation.
Happy Hong Kong? Singapore’s Gone Laughing to the Bank
The different pace of post-pandemic recovery has created a big gulf in the economic priorities and prospects of the rival Asian financial centers.
Hong Kong voids visa of Chinese scientist behind world’s first gene-edited babies
Just hours after announcing his plan to conduct research in Hong Kong, Chinese scientist He Jiankui saw his work visa revoked on Tuesday. This year, he is slated to give a series of talks at ...
Hong Kong Wealth Creation: It’s Back To Business As Usual In 2023
The lifting of pandemic controls is expected to rev up the economy, though the risk of a global recession remains a concern.
Hong Kong’s 50 Richest 2023: Collective Wealth Edges Down Amid Hopes Of An Economic Recovery
Despite a double-digit stock market decline, the combined wealth of Hong Kong’s wealthiest dips only slightly to $324 billion.
Hong Kong’s Penthouses Face China’s ‘Common Prosperity’
Hong Kong may be one of the world’s most expensive cities, but plans to build more affordable homes have drawn howls of protests from some of its wealthiest residents.
Budget 2023-24: Hong Kong records lowest land sale revenue since 2016, prompting conservative projection for coming financial year
Government estimates it will generate HK$85 billion from land premium income, including sales of 18 sites in coming financial year.