Total commercial investment volume reached only HK$6.9b in Q3. Despite a q-o-q improvement, Hong Kong’s overall investment market momentum remained low. According to CBRE data, total commercial real ...
HK and mainland shares rally on bank stakes
Hong Kong and Shanghai stocks surged at the opening of trading on Thursday on hopes for broad state support for mainland markets after the China's ...
Hong Kong stocks rise to 5-week high after China’s sovereign fund buys shares in Big Four banks
Hong Kong stocks rose to a five-week high as Central Huijin Investment increased its stakes in the nation’s Big Four state-owned banks for the first time since 2015.
Is Hong Kong’s celebrity-driven ‘fan economy’ a game changer, or a bubble about to burst?
Celebrities can get their fans to buy anything, but experts doubt impact on city's efforts to bounce back Fans go to extremes proving their devotion, splashing out on products endorsed by idols Freda ...
Hong Kong’s affluent become millionaires at 33 on average
According to the survey, 61% of respondents bank on savings from their salary to reach their first HK$1mil, rather than on income from other sources, such as investment profits. But, when it comes to ...
Singapore is winning out over Hong Kong, ANZ bank CEO says
ANZ Group Holdings chief executive officer Shayne Elliott said his customers moved more of their business to Singapore from Hong Kong in the past few years as the smaller Asia-Pacific trading hub ...
Hong Kong’s Proposed Stamp Duty Reduction – A Stimulus or a Risk?
In recent times, the world’s most expensive property market, Hong Kong, has been experiencing a certain level of weakness. The Deputy Chairman of the Taxation Committee of the Hong Kong Institute of ...
Decline of Millionaires in Hong Kong: A Shift in Wealth and Investment Strategies
The veil of wealth in Hong Kong is shifting, with the city witnessing a three-year consecutive decline in its millionaire population, according to Citibank’s ‘Hong Kong Millionaire Survey Report ...
Some Hong Kong Stocks Are Soaring Again On Chinese Whispers About A Profitable Bailout
Talk in China Wednesday turned to how much of the country’s multi-billion warchest the government is about to use to stimulate its flagging economy.
China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
Analysis-China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
CK Asset Holdings Weathering Multiple Headwinds In Hong Kong
Summary Hong Kong property developers have been hit by higher rates, weak property markets, and softening conditions in China, but CK Asset has held up better than most. The company's focus on growing ...
Hong Kong restaurant chain to hand out coupons worth HK$600 each to boost business as part of ‘Night Vibes’ campaign
Kam Kee Holdings to distribute coupons worth HK$30 million in total to patrons on first-come, first-served basis.
Indonesia’s J&T Global Express aims to launch $500m Hong Kong IPO on Monday – sources
Indonesian courier services startup J&T Global Express is aiming to launch its Hong Kong initial public offering (IPO) on Monday to raise $500 million, two sources with direct knowledge of the matter ...