Shares advanced in Asia on Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation ...
Hong Kong Property Giant Buys Land for Price at Eight-Year Low
A leading Hong Kong developer has won a bid for land in a traditionally expensive area for the lowest price in eight years, in another sign of the city’s weakening real estate market.
Hong Kong property giant buys land for price at 8-year low
A leading Hong Kong developer has won a bid for land in a traditionally expensive area for the lowest price in eight years, in another sign of the city’s weakening real estate market. Tycoon Victor Li ...
Investors confident of yuan asset attractiveness, Chinese economy
Financial analysts said the market response to the People's Bank of China's issuance of central bank bills in Hong Kong demonstrates the attractiveness of yuan-denominated assets and the confidence of ...
Hong Kong sentences pro-democracy media tycoon to 5 years over fraud
Pro-democracy Hong Kong media tycoon Jimmy Lai was sentenced on Saturday to five years and nine months in prison on fraud charges. Lai, 75, had been found guilty on two fraud charges for violating ...
Hong Kong Court Rejects Bid to Terminate Sedition Trial of Stand News
A Hong Kong Court on Thursday rejected an application to terminate a sedition trial against now-defunct online media outlet Stand News, a case that could see two former top editors jailed if convicted ...
Hong Kong tailors livestream in pandemic survival fight
Assistants wielding multiple livestreaming mobile phones are now as crucial to Roshan Melwani's tailor shop as the measuring tapes, needles and fabrics that have made his Hong Kong family business so ...
Hong Kong Eases Further Covid Restrictions For Travellers
Hong Kong has further relaxed its covid-19 restrictions and bans international tourists from visiting bars and restaurants in the first three days.
Hong Kong’s housing market worsens
Hong Kong’s housing market conditions are deteriorating again, amidst struggling economy. Hong Kong’s inflation-adjusted residential property prices plunged by 12.82% in Q3 2022 from a year earlier, ...
Market Leader in Hong Kong’s Luxury Housing Sector Confident About Weathering Market Downturn
Amid the city-wide COVID-19 outbreak peak in H1 along with the impact of the global economic recession, the luxury residential market has not been immune to the consequences of the ...
Hong Kong retail investors are selling Hang Seng members while global funds power stock market rebound, Goldman says
Retail investors have been cutting their holdings as stock prices recover from multi-year lows They may favour lower-risk assets such as time deposits to shun market volatility, says Natixis's Gary Ng ...
As China pushes its digital currency plans, the US falls behind
China's digital yuan has been piloted in 15 provinces and tested across a multinational financial network. Meanwhile, the US is still developing a digital currency, endangering the dollar's place as ...
Showdown In Hong Kong: PCAOB Declares A Win As China-Based Auditors Open Access
At least for now, the delisting clock for Chinese companies has been stopped for three years, according to Gary Gensler, Commissioner for the Securities and Exchange Commission (SEC). The waters seem ...
Hong Kong’s Commercial Property Market to See Further Corrections in Early 2023
According to JLL's newly released Hong Kong 2022 Year-End Property Market Review and 2023 Forecast, the recovery of Hong Kong's property market remained stagnant in 2022 with the downward trend across ...