Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.
L’Occitane halts trading in Hong Kong as take-private bets swell
L’OCCITANE International halted trading in Hong Kong ahead of an announcement that may spell out details on the French skin-care company’s potential take-private plan. Read more at The Business Times.
Hong Kong Democratic Party fundraising dinner axed after two restaurants pull out last minute
Hong Kong’s largest democratic party has called off a fundraising dinner after two restaurants that were meant to host the event pulled out at the last minute, with one citing broken windows after the ...
Chinese Stocks in Hong Kong Jump After More Property Easing
Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major ...
WRAPUP 1-After Country Garden debt deal, focus shifts to China property recovery prospects
By Xie Yu and Carolina Mandl HONG KONG/NEW YORK, Sept 4 (Reuters) - Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the ...
Competition for Hong Kong’s MTR? 3 firms expected to vie with city’s rail giant for cross-border link to Qianhai
Project estimated to cost HK$20 billion will be put to competitive public bidding, source says Hong Kong-Shenzhen Western Rail Link will connect Hung Shui Kiu in Yuen Long with Qianhai At least three companies besides the MTR Corporation are expected to compete for a public tender for a proposed rail line connecting Hung Shui Kiu ...
Hong Kong should prepare for rapid AI uptake by ramping up education technology, former finance chief John Tsang says
Former finance chief John Tsang also says Hong Kong should be considered gateway for field encouraging more tech solutions in classrooms.
Hong Kong must brace for long slog of economic recovery with patience and a brave face
Data suggests Hong Kong is starting to recover, with tourism, service exports and population numbers coming back up But challenges remain, the worst of which is probably the eagerness of many in the ...
Hong Kong bracing for second typhoon in less than a week as Haikui nears; billions of dollars in economic losses estimated from Saola
The Hong Kong Observatory is planning to issue a No 1 typhoon warning signal on Monday morning, with tropical cyclone Haikui set to come within 800km of the city. The storm, hot on the heels of ...
Hong Kong Finance Minister cautions against overreliance on tax reduction for stock market survival
Hong Kong’s Finance Minister, Paul Chan Mo-po, cautioned that reducing the tax on securities trading might not necessarily revive the city’s sluggish stock market. This warning comes as discussions ...
Hong Kong police smash HK$320 million money-laundering operation and arrest 19, but origins of most of cash still mystery
Police say syndicate, which began operating around June last year, also scammed at least 25 victims, with biggest single loss involving around HK$1 million.
Hong Kong’s opposition Democratic Party again forced to call off fundraising dinner as latest venue closes for typhoon repairs
Latest cancellation comes days after Democratic Party confirmed its booking at a banquet centre at Kai Tak Cruise Terminal Chairman Lo Kin-hei says an employee told party that venue had to close ...
Japan’s old abandoned houses, or akiya, draw Hong Kong, foreign buyers looking for a bargain holiday home to let
Lying vacant in mainly rural areas, Japan’s 8 million or so akiya can often be snapped up for a fraction of the price of a new or lived-in property in a housing market that is already cheap compared ...
Hong Kong must ‘revolutionise’ tree-planting methods to ensure public safety, reduce property damage, experts say as second possible storm looms
Experts say government must opt for better quality soil and use more when planting trees in high-density areas to prevent them becoming vulnerable to storms.