A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd to ... ( read original story ...)
Hong Kong’s Covid-19 battle has ‘brain drained’ economy as house prices are forecast to fall
While some restrictions are due to be eased next month, Hong Kong’s battle with Covid-19 will fuel a shrinking economy and plunging house prices, ... ( read original story ...)
Hong Kong Exchange to trial digital assets trading in ‘Diamond’ pilot
The Hong Kong Exchange (HKEX) revealed on Tuesday its plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as ... ( read original story ...)
Covid Live Updates: Omicron Subvariant Is Now Dominant in U.S.
Federal health officials clear second Covid booster shots for those 50 and older, and some immunocompromised people. Hong Kong is running low on coffins amid its deadliest Covid wave. Pfizer and ... ( read original story ...)
Hong Kong’s IPO Drought Shown in Worst Quarter of Pandemic Era
Initial public offerings in Hong Kong slumped to the lowest level since the start of the pandemic, with external factors ranging from inflation to the war in Europe adding to China-related woes.Most ... ( read original story ...)
Ferretti navigates choppy markets to launch €890mn Hong Kong IPO
Italian yachtmaker Ferretti shelved its planned Milan listing at the last minute. It is now going public in Hong Kong — a nod to its main shareholder, ... ( read original story ...)
State Street Dropped as Manager of Hong Kong’s Biggest ETF
Hong Kong appointed a Hang Seng Bank Ltd. unit to manage the city’s largest exchange traded fund, replacing State Street Corp. after the U.S. firm became embroiled in a controversy over sanctioned ... ( read original story ...)
Hong Kong remains a talent pool: Carrie Lam
Chief Executive Carrie Lam said on Wednesday that the number of people settling in Hong Kong or leaving the city cannot accurately gauge the level ... ( read original story ...)
Hong Kong leader says city’s brain drain ‘unarguable’
Hong Kong leader Carrie Lam said it was "unarguable" that the global financial hub was seeing a brain drain due to stringent coronavirus rules, but said she valued the city's international status and ... ( read original story ...)
Coronavirus: Hong Kong leader concedes anti-pandemic measures contributed to brain drain, vows to uphold city’s international status
Carrie Lam reveals she had a virtual meeting with diplomats and representatives of the business community, saying she 'fully understands their anxiety' Insisting 'no one' cares more about Hong Kong's ... ( read original story ...)
Hong Kong Home Prices Could Slump 20% by 2025, Goldman Says
Hong Kong’s home prices will decline about 20% during the next four years as a worsening economy and rising interest rates hit demand, according to analysts at Goldman Sachs Group Inc. ( read original story ...)
Russian freighter flown to U.S. after BOC Aviation granted order to repossess
A Boeing 747-8 freighter that BOC Aviation Ltd leased to Russia's AirBridgeCargo has flown from Hong Kong to California, according to FlightRadar24, after a U.S. judge signed an order allowing the ... ( read original story ...)
As Hong Kong eases Covid-19 curbs, co-working operators hunt for more acquisitions
More mergers and acquisitions were in store for the co-working sector in Hong Kong amid rising demand for flexible offices, analysts said. ( read original story ...)
Hong Kong landlords drop rents to tie down quality tenants amid a glut of new flats
Hong Kong landlords are slashing rents to attract and retain good tenants, especially in areas where a flurry of new homes will be delivered in the first half of this year, as the city’s unemployment ... ( read original story ...)