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.
An Argentine Makes the Hong Kong Stock Exchange Unique
Nicolas Aguzin brings a non-partisan agenda to a business in the middle of a simmering rivalry between the world’s two largest economies.
Alibaba, Geely, HSBC lift Hong Kong stocks on Fed pause bets while Xpeng surges by record 34 per cent as VW eyes stake purchase
Stocks hit a five-week high as traders stepped up bets the Fed will pause at its rate meeting in September. Xpeng surged by a record 34 per cent as Volkswagen prepares to buy a stake in the Chinese EV ...
XPeng & CATL Drive Hong Kong Market Higher
Asian equities were mixed overnight on higher volumes following the US Fed's rate hike, due to optimism that the Fed’s tightening cycle is drawing to a close.
Hong Kong crypto game unicorn Animoca Brands pours US$30 million into crypto exchange start-up Hi amid Web3 winter
The investment by the blockchain game software unicorn comes as funding dwindles for crypto-related start-ups around the world.
Leading Hong Kong pollster to stop releasing poll results on some sensitive topics
One of Hong Kong’s most reputable sources of public opinion data will stop releasing its poll results on a series of sensitive questions to the public, including on China’s Tiananmen Square crackdown ...
Chinese finance ministry to issue RMB sovereign bonds worth 1.68 bln USD in Hong Kong
HONG KONG, July 27 (Xinhua) -- China's finance ministry will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA), with a total ...
Hong Kong, Saudi Arabia monetary authorities discuss financial infrastructure, open market operations, market connectivity, sign MOU
its biggest trading partner while Hong Kong is keen to deliver its financial services expertise to the Arab world's biggest economy. Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank ...
HK authority ups rates, matching Fed, says banks’ bad loans remain steady
While companies may face higher costs on Hong Kong dollar bank loans, "we haven't yet seen that the higher funding costs impacting banks' clients directly." "Classified loans", or those that are ...
Hong Kong’s interbank rates rise across all tenors after U.S. hike
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 ...