Hong Kong interbank rates rose across all tenors on Thursday, after the city's central bank raised the base rate charged through the overnight discount window to the highest in 16 years after the U.S.
Hong Kong home prices fall again in June as interest-rate hikes, mortgage pain, new supply undermine market recovery
Home prices slipped again in June, official data showed, as rate hikes, higher mortgage repayments and fresh supply of new flats undermined the city’s property market recovery last quarter.
‘I don’t know if I can ever return’: the photographer capturing a forgotten Hong Kong
Wai’s images of the home he had to leave behind forgoes stereotypes for intimate portraits of the unseen ...
Hong Kong home prices ease in June for a second straight month
Hong Kong home prices fell 0.5 per cent from May, easing for a second consecutive month, hurt by expectations of more interest rate hikes and weak consumer confidence in the city's economic ...
HSBC to raise prime lending rate to 5.875% after Hong Kong rate hike
HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 12.5 basis points to 5.875% effective July 28 after the city's de facto central bank raised the base rate. The Hong ...
A futuristic ‘vertical oasis’ rises in the heart of Hong Kong’s financial district
With its striking crimson flowers, the Hong Kong orchid tree is the city’s emblem and seen as a symbol of its constant regeneration.
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20% on expectations of further stimulus for the nation’s flagging economy.
Chinese Titanium Refiner Ubridge Weighs $300 Million HK IPO
Guangdong Ubridge New Material Technology Co., a refiner of minerals including titanium and zirconium, is considering a Hong Kong initial public offering that could raise about $300 million, according ...
Tencent, HSBC lift Hong Kong stocks on bets Fed to pause in September, Xpeng surges 32 per cent on VW purchase plan
The odds of a Fed pause in September meeting rose to 78 per cent after the policy rate hike as Powell keeps optionality on the table Xpeng surges after German carmaker Volkswagen unveiled plan to ...
Hong Kong book fair ends in success as attendance increases
Despite the increase in traffic, Chan Ping, deputy general manager of Peace Book Co (Hong Kong), told China Daily that his company's sales at this year's book fair were basically the same as last year's. He added that sales of children's books had declined year-on-year.
Hong Kong Stock Market Has Flat Lead For Thursday’s Trade
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of
Ant IPO Gets Back To Where It All Began
Although it is not hard to understand the Politburo statement’s focus on boosting the consumption of automobiles, electronic products, and household appliances, “activating” the mainland market is harder to interpret with speculation that raising dividend payout ratios could be the incentive.
Hong Kong raises base rate by a quarter point to a 16-year high in lockstep with US Fed, as America resumes inflation fight
HKMA increase base rate on Thursday by 25 basis points after a pause in June Eleven of 13 analysts surveyed by the Post last week expect Hong Kong lenders to increase their prime rates by at least 12.
CITIC SEC Purportedly Asks Dozens of HK Bankers to Relocate to CN with Basic Pay Potentially Cut by Min. 25%
CITIC SEC (06030.HK) is planning to ask dozens of Hong Kong-based bankers to relocate from its offshore platform CLSA in Hong Kong to mainland China, so as to reduce costs and meet... CITIC SEC (06030 ...