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Posted on 07/12/2023

FII conference: Hong Kong’s capital market, hub status highlighted as city seeks bridge role to boost Middle East ties

Hong Kong is ideally placed to serve as a bridge between China and the Middle East, with the city’s capital market and government’s focus on tech and innovation acting as catalysts, FII conference ...

Posted on 07/12/2023

Valtech Provides Biotechnology and Technology Startup Orientated Valuation Support

Valtech Valuation has recently concluded valuations for several projects within the biotechnology and medical technology sector, specifically focusing on genetic engineering. We are honored to have ...

Posted on 07/12/2023

Economists See Hong Kong’s Growth Outlook Worsening Through 2024

Hong Kong’s economy will likely grow more slowly than previously expected both this year and next as challenges from China’s slowdown and the impact from elevated interest rates weigh on the financial ...

Posted on 07/12/2023

Hong Kong Billionaire Cheng Family Boosts New World Stake

Hong Kong billionaire Henry Cheng’s family increased its stake in property developer New World Development Co. this week, according to a person familiar with the matter, as the company’s shares ...

Posted on 07/12/2023

Giant Chinese property developer Evergrande given stay of execution

There is concern that an Evergrande liquidation could severely impact the ability of other corporations, not only highly indebted real estate developers, to raise money in international financial ...

Posted on 07/12/2023

Hong Kong stocks revisit 13-month low as China’s top banks slide on Moody’s act, while reports seen reinforcing slowdown risks

Stocks struggle for traction after a rebound on Wednesday after Moody’s lowered its outlook on major Chinese lenders. Economic data this week may offer little help to shore up sentiment.

Posted on 07/12/2023

Moody’s changes Hong Kong’s outlook from stable to negative

Moody's on Wednesday (Dec 6) downgraded its outlook on Hong Kong from stable to negative, a day after cutting China's credit outlook citing costs to bail out local governments and state firms or to co ...

Posted on 07/12/2023

Moody’s cuts outlook for Chinese banks, Hong Kong, Local Government Financing Vehicles

The Chinese banks that Moody’s changed from negative to stable include three policy banks and five large state-owned commercial banks.

Posted on 07/12/2023

Top conference shows world banks on Hong Kong

Meeting of leading central bankers an answer to those who doubt city's reputation as global financial centre If there is still any doubt as to the continuing importance of Hong Kong as a global ...

Posted on 07/12/2023

Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move

Industrial & Commercial Bank of China and Postal Savings Bank of China. (Reporting by Gursimran Kaur in Bengaluru, Twinnie Siu in Hong Kong and Marc Jones in London, Editing by Louise Heavens, ...

Posted on 07/12/2023

Carson Block Shorts Blackstone Publicly Traded Mortgage REIT

Carson Block said he’s short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and ...

Posted on 07/12/2023

Hong Kong’s SFC issues fraud warning against two crypto entities

The Securities and Futures Commission (SFC) of Hong Kong has recently issued a stern warning against two cryptocurrency entities, Hong Kong Digital Research Institute and BitCuped, for suspected ...

Posted on 07/12/2023

Hong Kong bans two crypto sites for misleading investors

Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked after a joint effort of the police and internet providers.

Posted on 07/12/2023

Moody’s cuts China’s credit outlook

The rating agency is concerned about the country's rising debt

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