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 ...
A housing glut in Hong Kong? Mega projects risk churning out too many flats as population trends change, experts warn
Experts argue previous estimation city will have more than 8 million residents by 2041 may no longer be accurate, noting population has fallen past two years.
WTO rejects US ‘Made in China’ labeling on Hong Kong goods
World Trade Organization arbitrators concluded Wednesday that the United States was out of line in requiring products from Hong Kong to be labeled as “Made in China,” a move that was part of ...
WTO rules against U.S. in Hong Kong labelling dispute
The World Trade Organization found on Wednesday that the United States had violated global trading rules by insisting that products imported from Hong Kong be marked as coming from China, a ruling ...
WTO Backs Hong Kong in Trump-Era ‘Made in China’ Dispute With US
The World Trade Organization said the US violated international trade rules when it required Hong Kong’s products to be labeled as “Made in China,” according to a ruling Wednesday.Most Read from ...
KFin Technologies IPO subscribed 2.59 times on Day 3; QIBs, retail portion fully subscribed
The majority of bidding came from qualified institutional buyers and retail investors. However, the portion reserved for non-institutional investors did not even receive 50% of the subscribed against ...
Hong Kong records highest quarterly net outflows in a year
Hong Kong's portfolio investment saw a net outflow of HK$239.17 billion ($30.7 billion) during the July to September quarter, the highest in a year, as investors pulled money out from equities and ...
China stocks flat, Hong Kong inch higher on border reopening hopes
CHINESE stocks moved in a narrow range on Wednesday (Dec 21), while Hong Kong shares tracked small gains by Asian peers ahead of the festive season, as further relaxations of Covid-19 curbs by China ...
BOC Aviation places aircraft in Middle East
The airline initially launched operations in 2009 with two A320s also from BOC Aviation. Since then its fleet has come and gone; it currently includes two vintage Boeing 737s and an A320. Almasria is ...