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 ...)
Zero-Covid Policy Threatens Hong Kong’s Status As An International Financial Hub
Dorothy Chan Hong Kong’s implementation of draconian COVID policies threatens its status as an international financial hub. This is seen through Hong Kong Chief Executive Carrie Lam’s execution of ... ( read original story ...)
Hong Kong-based PAG raises private equity IPO bar
At a mooted $15 bln, the Blackstone-backed buyout shop would be valued at 30% of managed assets. Although a rich premium to U.S. peers like TPG, it’d be on par with recent deals involving Asian rivals ... ( read original story ...)
Hong Kong banks gradually reopen branches as Covid-19 cases decline rapidly in the city
From April 1, HSBC will keep 48 of its branches open from Monday to Friday, instead of three days a week at present More than 600 of the 1,200 retail bank branches in Hong Kong were temporarily closed ... ( read original story ...)
Goldman Sachs forecasts 20 per cent decline in Hong Kong homes prices between 2022 and 2025, as borrowing costs, unemployment rise
The prices of Hong Kong homes are likely to fall by a fifth over a four-year period, as borrowing costs rise and demand slumps because of rising unemployment, Goldman Sachs said. ( read original story ...)
Parents of kids hospitalized in Hong Kong with COVID-19 now granted access
The parents of children in Hong Kong hospitalized with COVID-19 will now be allowed to visit and stay with their kids in pediatric wards of hospitals. ( read original story ...)