Eden Woon says Hong Kong has become enveloped by pessimism and anxiety due to coronavirus curbs, Beijing-imposed national security law. ( read original story ...)
Rising rates, price slump deal double blow to Hong Kong homeowners
When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain by the summer as Hong Kong's property market boomed to ... ( read original story ...)
Hong Kong’s share of Asian IPOs slumps to over 2-decade low
Hong Kong’s share of regional initial public offerings (IPO) has shrunk to the lowest in more than 2 decades despite a recent pickup in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)
China Vanke unit set to raise $733 million in Hong Kong IPO-sources
Developer China Vanke Co Ltd's property services arm Onewo Inc, is set to raise HK$5.75 billion ($733 million) by pricing its shares at HK$49.35 each in its Hong Kong IPO, according to two sources ... ( read original story ...)
Hong Kong central bank raises rate, HSBC and Standard Chartered follow
Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC, to increase their best lending rates. ( read original story ...)
‘Very high chance’ Hong Kong will end year in recession, finance chief warns
HONG KONG - Hong Kong is set to end the year in the midst of a full-blown recession, the city's finance chief warned on Thursday, as spiralling interest rates join strict Covid-19 controls in ... ( read original story ...)
Singapore’s rising costs of running a business outpace Hong Kong’s
Firms wanting to exit Hong Kong may find that a move to Singapore hits their bottom line more than expected. Read more at straitstimes.com. ( read original story ...)
Hong Kong to scrap hotel quarantine for travellers from early Oct -media
Hong Kong will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from early October, more than 2-1/2 years after it was first adopted, news portal HK01 said on Thursday, citing ... ( read original story ...)
Hong Kong’s Hang Seng on Track for Lowest Close in More Than a Decade
Rising rates, fears over China’s slowdown and Russia’s invasion of Ukraine have driven stock prices lower in Hong Kong. ( read original story ...)
Hong Kong Finance Chief Says No Sharp Risk to Property Prices
HONG KONG (Reuters) -Hong Kong's finance chief said on Thursday he does not see a sharp risk to the city's real estate market nor a need to adjust property control measures, as the financial hub ... ( read original story ...)
‘Very High Chance’ Hong Kong Will End Year In Recession
"There is a very high chance for Hong Kong to record a negative GDP growth for this year," Financial Secretary Paul Chan told reporters, adding that interest rates were being raised "at a pace that ... ( read original story ...)
Hong Kong’s Share of Asian IPOs Slumps to Over Two-Decade Low
Hong Kong’s share of regional initial public offerings has shrunk to the lowest in more than two decades despite a recent pick up in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)
China property IPO bets on big name to calm fears
Big names generate deal interest, but that comes with risks, too. China Vanke , the biggest private developer by market value in the People’s Republic, is braving both rocky stock markets and the ... ( read original story ...)
Hong Kong central bank raises interest rate after Fed hike, HSBC follows
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points (bps) to 3.5%, hours after the U.S. Federal Reserve delivered ... ( read original story ...)